Cheaters in cartels make more profit when the other cartel members keep their promises. Thus, option D is correct.
<h3>What are Cartels? </h3>
A cartel is a group of separate companies or social groups that combine to fix prices on goods or services. Within the same sector, cartels compete and work to lessen that rivalry by setting prices in accordance with themselves.
A cartel is an entity with no ethics, which means it often includes cheaters who tend to earn more money than the ones who keep promises. Therefore, option A is the correct option.
Learn more about cartels, here:
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The question is incomplete, the options are:
A)more; break
B)less; keep
C)zero; break
D)more; keep
Answer:
Closing Inventory = $31050
Explanation:
The cost of goods sold is the cost of the inventory that the business sells during a period of time. The cost of goods sold is calculated as follows,
Cost of Goods Sold = Opening Inventory + Purchases - Closing Inventory
As we already have the values for Opening inventory, net cost of purchases and the cost of goods sold, we can input these values in the above formula to calculate the cost of closing inventory.
93150 = 22950 + 101250 - Closing Inventory
93150 = 124200 - Closing Inventory
Closing Inventory = 124200 - 93150
Closing Inventory = $31050
express agency
Explanation:
Express agency means an actual agency created by written or oral agreement between the principal and the agent. Through this agreement the principal authorizes a person to act as the principal's agent. For example, a written listing agreement between a seller of real estate and broker is an express agency
Answer:
A 4-month weighted moving average forecast for July would be 137.50.
Explanation:
Note: This question is not complete as the appended information is not provided. To complete the question, the appended information is therefore before answering the question as follows:
Month Actual Demand
January 120
February 95
March 100
April 25
May 200
June 25
The explanation of the answer is now provided as follows:
The most recent month = June
The month preceding the most recent month = May
The month preceding that one = April
Last month = March
Therefore, we have:
Forecast for July = (June actual demand * 30%) + (May actual demand * 50%) + (April actual demand * 40%) + (March actual demand * 20%) = (25* 30%) + (200 * 50%) + (25 * 40%) + (100 * 20%) = 137.50
Therefore, a 4-month weighted moving average forecast for July would be 137.50.
Answer:
Going Concern Concept
Explanation:
The Information from a trial balance is usually shown at <em>historic values</em> and not <em>market values</em>. The financial statements also show the amounts in historic not Liquidation / market values.
Thus we say the entity is<u> foreseen to be in operation in future</u> thus it is a going concern. The concept applied therefore is the Going Concern Concept.
