Answer:
The correct answer is option A ,first mover advantage.
Explanation:
First mover advantage is form of leading strategy where a firm is the first to identify the opportunities hidden in a particular industry or geography,thereby unlocking the potentials in order to improve its financial performance business-wide.
This is a form of diversification, as putting one's eggs in one basket is not a sustainable way to grow the business in the long-term.
Even though there are risks involved in been a first mover, the benefits sometimes outweigh the risks.
Answer: b. $8,518.9 billion.
Explanation:
Nominal GDP is calculated with current prices which means that the effects of inflation are present.
Real GDP removes this effect by basing the GDP calculation on the prices of a previous period:
Real GDP = Nominal GDP * 100/ Price level
= 8,800 * 100/ 103.3
= $8,518.877
= $8,518.9 billion
Answer:
Tony is a 45-year-old psychiatrist who has net earned income of $300,000 in 2020. What is the maximum amount he can contribute to his SEP for the year? 300,000x.25= 75,000 or $57,000
$57,000
Explanation:
Answer:
Southwestern Mutual Bank
This would increase the loans account and the deposit account by $100 respectively.
Explanation:
a) Data and Calculations:
Southwestern Mutual Bank
Balance Sheet
Assets Liabilities and Owners' Equity
Reserves $150 Deposits $1,200
Loans $600 Debt $200
Securities $750 Capital (owners' equity) $100
Total assets $1,500 Total liabilities + equity $1,500
New customer deposit = $100
New loans made by the owners = $100
Answer:
46.07 days
Explanation:
Calculation for the firm's days' sales uncollected for the year
Using this formula
Days' Sales Uncollected Ratio = Ending Accounts Receivable/Net Sales * 365
Let plug in the formula
Days' Sales Uncollected Ratio = ($76,422/$605,500) * 365
Days' Sales Uncollected Ratio = 46.067 days
Days' Sales Uncollected Ratio = 46.07 days Approximately
Therefore the firm's days' sales uncollected for the year is: 46.07 days
