Answer: rivals announce their monthly profit margins in public.
Explanation:
Strategies are the actions or plans which are put in place by a company in order to have competitive edge over its rivals and also achieve the organization objectives.
Managers must modify their strategies when:
• changing circumstances affect performance and the desire to improve the current strategy.
• rivals make or adjust moves in the market due to the shifting needs of buyers.
• encountering stagnating market conditions and increasingly restrictive new customer acquisition opportunities.
• evidence is mounting that the current strategy is becoming less effective.
The last option isn't necessary in order to modify their strategies. Rivals announcing their monthly profit margins in public isn't enough reason for a company to alter its strategies.
The net income or net loss is calculated on the
statement of owner’s equity.
The net income that must be expected to warrant starting the business is: $47,925.
<h3>Net income</h3>
Using this formula
Net income = ROE × Total equity
Let plug in the formula
Net income = 13.5% × $355,000
Net income = $47,925
Therefore the net income that must be expected to warrant starting the business is: $47,925.
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Answer: hello your question has some missing information below is the missing information
An economy is initially described by the following equations:
C = 80 + 0.8(Y – T)
I = 120 –5r
M/P = Y – 25r
G = 100
T = 100
M = 2,700
P = 3
answer :
equilibrium interest rate ( r ) = 5.6%
equilibrium level of income = 1040
Explanation:
<u>a) New equilibrium interest rate </u>
T = 100 - 20/100 ( 100 ) = 80
Y = C + I + G
= 80 + 0.8( y - 80 ) + 120 - 5r + 100
= 236 + 0.8y - 5r
y = 1180 - 25r ------ ( 1 )
M/P = Y - 25r = 2700 / 3
y = 900 + 25r ------- ( 2 )
equate; equation ( 1 ) and equation ( 2 )
1180 - 25r = 900 + 25r
∴ r = 5.6%
<u>b) Equilibrium level of Income </u>
To determine Equilibrium level of income we will use equation2
Y = 900 + 25(5.6) = 1040
