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MariettaO [177]
3 years ago
8

The average cost of production for a bottle of vitamin water in the industry is $4 while its average price is $7. StoreAll Inc.

manufactures the same product for $3 per bottle and sells it for $7 per bottle. Which of the following statements is most likely true of StoreAll Inc. in this scenario?A. It has a competitive advantage in the industry.B. It has a competitive disadvantage in the industry.C. It has competitive parity with other firms in the industry.D. It has formed a strategic alliance with other firms in the industry.
Business
1 answer:
VMariaS [17]3 years ago
8 0

Answer:

The correct answer is option A.

Explanation:

The average cost of production for a bottle of vitamin water in the industry is $4 while its average price is $7.

StoreAll Inc. manufactures the same product for $3 per bottle and sells it for $7 per bottle.

The store Inc manufacturers is able to produce at a lower cost than the other firms. This implies that it has a competitive advantage in the production of mineral water.

Competitive advantage refers to the conditions that help a firm outperform its competitors.

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What are tresholds in auditing?​
Greeley [361]

Answer:

:)

Explanation:

The materiality threshold in audits refers to the benchmark used to obtain reasonable assurance that an audit does not detect any material misstatement that can significantly impact the usability of financial statements.

5 0
3 years ago
Patrick Enterprises recently installed a parking lot. The paving costs were $38,750, and the lighting costs were $20,000. In add
weeeeeb [17]

Answer:

$58,750

Explanation:

Paving Costs             $38,750

Lighting Costs           $20,000

Total cost to be included in land improvement account $58,750

Please note that cleaning agreement cost is revenue expenditure,therefore should be charged to profit and loss account not in land improvement account.

5 0
3 years ago
Describe a presentation or a briefing you have conducted recently. how did you adapt it to your public? how did your auditors re
Lemur [1.5K]

Recently I conducted a presentation to an audience composed mostly of teenager about the importance of team work. It took place at the American Corner of the State Library. It comprised of about 50 teenagers from various states.

<h3>How did you adapt it to your public?</h3>

Because they were teenagers, I used words that were more suited to their generation.

Because it was a pseudo (or semi) formal presentation, I was free to use words such as;

  • Do.pe - cool or awesome
  • Gucci - Good, cool, or going well.
  • Lit - amazing

<h3>How did your auditors react? what did you get out of it?</h3>

The auditors were well informed about what I was doing so they welcomed it a a good idea.

The objective was to  be able to communicate to them in a way that showed that the presenter understood them.

This helped the presenter to connect as well as communicate effectively.

Learn more bout presentation at;
brainly.com/question/24653274
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3 0
2 years ago
By examining relationships between items in the statement of cash flows, investors and creditors can do all of the following exc
d1i1m1o1n [39]

Answer:

determine cash investing and financing transactions made during the period.

Explanation:

When you analyze the statement of cash flows, you can determine and predict how will operating cash flows be in the future. E.g. a project is generating high amounts of cash, so you can predict that it will continue to do so for some time. But what you cannot predict or even compare is related to the financial and investing transactions that the company will make in the future. E.g. by analyzing a cash flow you cannot know if the company will decide to invest in other projects or will it decide to issue more stocks.

5 0
3 years ago
Majesty Productions accepted a $7,200, 120-day, 6% note from Swartz Studio on March 1. On the date the note matures, Swartz is u
weeeeeb [17]

Answer:

D. Debit Accounts Receivable $7,344; credit Interest Revenue $144; credit Notes Receivable $7,200.

Explanation:

Interest: $7,200 × .06 × 120/360 = $144

The entry that Majesty should record on the maturity date for this dishonored note is :

Debit Accounts Receivable $7,344

Credit Interest Revenue $144

Credit Notes Receivable $7,200.

5 0
3 years ago
Read 2 more answers
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