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3 years ago

An economy based on total government control over economic decisions is a ____.

Business

1 answer:

coldgirl [10]3 years ago

4 0

Answer:

The answer to this question is given below in the explanation section.

Explanation:

An economy based on total government control over economic decisions is a

centrally planned economy or command economy.

This type of economy is totally controlled by the government. In this economy, all economic decisions are taken by the governement. such as a government, makes economic decisions regarding the manufacturing and the distribution of products. Centrally planned economy that is also known as the command economy is different from the market economy, in which such decisions are traditionally made by businesses and consumers.

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One potential risk of social networking for businesses is embarrassment due to

kow [346]

One potential risk of social networking for businesses is embarrassment due to employees making innapropriate posts. Social networking allows poeple to connect with one another through an online opportunity. Due to the nature of what they are able to view and post about, they should make sure everything stays relevant to work and how they would handle themselves in a work and networking setting.

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3 years ago

Product Pricing: Single Product Presented is the 2017 contribution income statement of Grafton Products. GRAFTON PRODUCTS Contri

hodyreva [135]

Answer:

a)647,000

b)658,000 yes as increase net income

c) 2,480,000

Explanation:

a) current net income : 842,000

less 13,000 x 12 increce in variable manufacturing (156,000)

less increase in fixed MO (39,000)

647,000

Sales 3,200,000 (16,000 x 200)

Variable (1,408,000) 988,000x16,000/13,000 + 156,000

Contribution 1,792,000

Fixed MO (819,000)

Fixed S&A (315,000)

Net Income 658,000

$\frac{Fixed\:Cost + Target \: Profit}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio$

1,792,000 / 3,200,000 = 0.56

$\frac{1,134,000 + 254,800}{0.56} = Break\: Even\: Point_{dollars}$

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4 years ago

After selecting a target market and a retail mix, the final element in a retail strategy is the identification of prospective wh

rusak2 [61]

Answer:

False

Explanation:

There are business that do not need wholesale distributors, as online commerce expands, the supply chains are shrinking, e.g. Xiaomi is a Chinese smartphone manufacturer that only sells its phones online, and it is the fourth largest cellphone manufacturer in the world.

There are 5 elements in developing a retail strategy:

scope
goals and objectives
resource deployment
sustainable competitive advantage
synergy

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3 years ago

Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February

Lyrx [107]

Answer:

Dr merchandise inventory($34,000+$540) $34,540

Cr accounts payable $34,000

Cr cash $540

Explanation:

The cost of inventory purchased is shown as an increase in merchandise inventory since perpetual system of inventory requires that inventory is updated each time there is a receipt or sale of inventory.

In other words, the cost of inventory purchased is debited to merchandise inventory and credited to accounts payable.

The cost of freight is also added to the cost of inventory while it is credited to cash account.

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3 years ago

Read 2 more answers

(50 points) What is the combination of what you own, earn, and invest minus the debt you owe on those things called?

Pavlova-9 [17]

A. Wealth, because B-D do not reflect debt

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2 years ago