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lara31 [8.8K]
3 years ago
5

The services market sells diverse services such as legal advice, auto repair, and dry cleaning. Along with finance, insurance, r

eal estate, __________, communication and public utility firms, as well as not-for-profits, these firms represent about 75 percent of all industrial firms.
Business
1 answer:
omeli [17]3 years ago
8 0

Answer:

Service Firms is the correct answer.

Explanation:

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During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?
schepotkina [342]

The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.

<h3>What is the maturity stage of the product life cycle?</h3>

Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.

In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.

Learn more about the product life cycle here:

brainly.com/question/15177349

#SPJ1

5 0
1 year ago
He balance shown in the August bank statement of Colt Company was $22,400. After examining the August bank statement and items i
Pani-rosa [81]

Answer:

A.$20,200

Explanation:

The computation of the cash amount which is to be reported is shown below:

= August bank statement balance - checks outstanding + deposit outstanding  

= $22,400 - $4,500 + $2,300

= $20,200

The other items like NSF check, Note collected by the bank for the Colt Company, and Bank service fees are irrelevant. Hence, these are ignored and not be considered in the computation part

7 0
3 years ago
On January 1, Year 1, Gemstone Mining Company (GMC) paid $10,500,000 cash to purchase the rights to extract raw stone from a sur
anyanavicka [17]

Answer:

The amount of depletion  charge in year 3 income statement is $4,000,000

Explanation:

The depletion charge  would be based on volume of stone extracted on yearly basis.

The depletion charge=cost-salvage value/(total volume of stone)

The depletion charge=($10,500,000-$500,000)/50,000

The depletion charge=$200 per pound

In year one depletion charge =$200*10000 pounds

                                                      =$2,000,000

In year two, depletion charge=$200*20000 pounds

                                                      =$4,000,000

In year three, depletion charge=$200*25000 pounds

                                                        =$5,000,000

The year 3 depreciation charge is restricted to the balance of the depletion amount of $10 million

Balance of depletion amount=$10,000,000-$2000,000(year one)-$4000,0000(year two)

Balance of depletion amount=$4,000,0000

4 0
3 years ago
In​ 2016, global revenue for Amazon was​ ________ when measured in local currencies than it was when measured in dollars. This o
Shalnov [3]

Answer:

Lesser and fell relative to other currencies

Explanation:

This phenomenon is usually termed "Currency depreciation" a fall in the value of a currency in a floating exchange rate system.

The depreciation in 2016 occurred due to factors such as monetary policy, political instability and high inflation.

Amazon's global revenue was 135.99 billion US dollars in 2016, comparing the foreign exchange value in local currencies at that time will give a lesser value now.

3 0
3 years ago
Which of the four functions of management do you believe to be most important?
tigry1 [53]
Planning, organizing,leading, and controlling
5 0
3 years ago
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