Answer:
move up the career ladder
Explanation:
A career is a series of jobs that are related, whose foundation is based on interest, knowledge, training and experience. Moving up the career ladder means that one has continuously been growing in experience by moving from series of related jobs with fewer responsibilities to the one with more responsibilities within a specific profession.
Moving up the the career ladder also involve continuous advancement in education related to one's profession with a view to gaining more knowledge that would be applied to the chosen job hence above is an example of moving up the career ladder.
Managers, this is symbolic of how business is run in U.S. culture.
Answer:
-0.136 and $528
Explanation:
Given that
p = 50 - 0.5Q
where,
Q = 88
So, p equals to
= 50 - 0.5 × 88
= 50 - 44
= $6
As it is mentioned that
p = 50 - 0.5Q
0.5Q = 50 - p
Q = 100 - 2p
And we know that
Price elasticity of demand is
= Percentage Change in quantity demanded ÷ Percentage Change in price
So,
= -2 × (6 ÷ 88)
= -0.136
And, the revenue is
= Price × Quantity
= $6 × 88
= $528
Answer:
Explanation:
March 1
Cash 1700
Share Capital 1700
To record the issuance of shares
March 3
Equipment 1400
Cash 1400
To record the purchase of equipment on cash
March 5
Rent Expense 470
Cash 470
To record the rent expense
March 7
No entry neither cash nor serves are provided.
March 12
Purchase 117
Cash 117
To record the purchases
March 15
Cash 670
Income 670
To record the services Income.
March 19
Advance 570
Payable 570
To record the advance cash receipt for services not yet provided thus advance is our liability.
March 25
Payable 228 570/25*10
Income 228
To record the services income against advance given.
March 30
Utilities Expense 82
Cash 82
To record the monthly utilities expense
March 31
Dividend Pay 85
Cash 85
To record the payment of dividend.
2)
<u>Share Capital Account</u>
Opening = 0
Cash 1700
<u>Closing=1700</u> <u> </u>
<u>Cash Account</u>
Opening = 0
share capital 1700 Equipment 1400
Rent 470
Purchase 117
Income 670
Adv. Pay 570
Utilities 82
Dividend 85
<u>Closing balance- 786</u>
<u>Equipment</u>
Opening = 0
Cash 1400
<u>Closing-1400</u>
<u>Rent Expense</u>
Opening = 0
Cash 470
<u>Closing-470</u>
<u>Purchase Expense</u>
Opening = 0
Cash 117
<u>Closing-117</u>
<u>Income Account</u>
Opening = 0
Cash 670
Payable 228
<u>Closing- 898</u> <u> </u>
<u>Payable Account</u>
Opening = 0
Cash 570
Income 282
<u>Closing-342</u> <u> </u>
<u>Utilities Expense</u>
Opening = 0
Cash 82
<u>Closing-82</u>
<u>Dividend</u>
Opening = 0
Cash 85
<u>Closing-85</u>
3) Trail Balance
Head Of Account Debit Credir
Cash 786
Share Capital 1700
Equipment 1400
Rent Expense 470
Purchases 117
Income 898
Payable 342
Utilities 82
Dividend 85
Total 2940 2940
Answer: Companies in perfect competition do not usually apply "socially conscious" practices because their cost-benefit relationship does not justify it.
Generally, the administration of an oligopolistic company will carry out "socially conscious" practices, because this differentiation between the other companies would lead to higher than normal profits.
