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3 years ago

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Business

1 answer:

sdas [7]3 years ago

3 0

Technology is fixed and that there are no more breakthroughs to improve production methods.

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An insured stops making payments on a loan taken from his cash value policy. What will most likely happen

Mariana [72]

When an insured stops making the payments on the loan taken his cash value policy will terminate when the loan amount with interest equals or exceeds the cash value

Explanation:

Cash value policy are the type of saving policy and they provide the life time coverage of the policy holders most cash values have high premiums than the insurance

It requires a fixed level premium payment and the from that amount the money is allocated for different reasons according to the wish of the policy holder and the remaining amount is deposited as the cash value amount

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3 years ago

Dec. 1 Merchandise with a list price of $4,700 is purchased on account, terms FOB shipping point, 1/10, n/30. The seller prepaid

spayn [35]

Explanation:

The Journal entry is shown below:-

a. Merchandise inventory Dr, $4,700

To accounts payable $4,700

(Being Purchase of merchandise is recorded)

b. Accounts payable Dr, $1,600

To Merchandise inventory $1,600

(Being Return of merchandise is recorded)

c. Accounts payable Dr, $3,100

To Merchandise inventory $31

($3,100 × 1%)

To cash account $3,069

(Being the amount paid)

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3 years ago

U.S. businesses and those of other countries are seeking to expand around the world for many reasons. Which of the following is

Andrews [41]

Answer:

Explanation:

An increase in underdeveloped countries cannot be the reason why businesses would expand abroad because there wont be as much potential buyers in underdeveloped economies as they have very low capita income and most of the residents live in very poor conditions. But however other options are valid because favorable trade agreements and developed transportation and IT makes the international trade easy and beneficial to both the buyer and the seller. Moreover, when domestic markets matures, the rate of growth slows down and falls to zero. this is when the businesses want to emerge and find new markets abroad in order to benefit from the trade as in matured market there is less chance for businesses to grow and it becomes risky

4 0

3 years ago

Blue Ridge Crafters is a co-operative that distributes traditional household furnishings, such as home-spun textiles, hand-throw

Harman [31]

Answer:

C) Horizontal growth strategy.

Explanation:

In the given situation, blue ridge would added non related products for the customers who already purchased it from them. Also it shows the concept of one-stop shop i.e. catering should be provided to all rounds requirement for the customers who visited them

Therefore as per the given scenario, the option c is correct

And, the same would be considered

5 0

3 years ago

Firm A employs a high degree of operating leverage; Firm B takes a more conservative approach. Which of the following comparativ

Aneli [31]

Answer:

Statement B is correct.

Explanation:

High Operating Leverage represents higher fixed cost in comparison to variable cost, and thus that means the company will get its break even earlier or we can say with low units, but after break even profits will be higher.

As in the given case Firm A has higher Operating Leverage than Firm B, thus Firm A has lower Break even point but eventually its profit after reaching break even will grow higher.

Thus, Statement B is correct

4 0

3 years ago