Answer:
Chester Company is the strongest Competitor
Explanation:
Chester company has developed a strategy of cost cutting to survive best among its competitors. It has cut its routine expenses and has lowered its cost of goods manufactured which can lead to profit maximization. The company has lowered its selling price and customers are more attracted to it because of its cheap price among all other companies supplying same products
Answer: d. Net income is part of the computation for ending retained earnings.
Explanation:
In the statement of owner's equity, Retained earnings are calculated and it is done with the Net Income. This is why when the net income is calculated from the Income Statement it is transfered to the SOE and used to calculate Retained Earnings.
Retained Earnings are calculated by the formula,
Ending Retained = Opening Retained Earnings + Net Income (losses) - Dividends
Net income is added to (or subtracted from if it is a Net loss) the Opening Retained earnings balance. Net dividends are also subtracted.
If the number is 12,759 and they ask to round to the nearest 10,000 then you look at the thousands place (where the 2 is) and is its less than 5 round down and if its more round up. so the answer would be 10,000
The given statement about the law of demand is false and the appropriate law is explained below.
<h3>What is Law of Demand?</h3>
This refers to the economic principle which states that when there is an increase in demand for a product, then the price of the good will decrease.
With this in mind, we can see that the law of demand works with the supply of goods as if for example there is an increase in price for a particular bar of soap, then the demand reduces.
Read more about law of demand here:
brainly.com/question/1078785
Explanation:
it refers to the use of services for software development, where a service is an autonomous, platform agonstic software component that operate within an ecosystem of services
