Answer:
expensive cookware, meat, and cosmetics are sold this way. manufacturer/producer directly to industrial users. this is the most common method of distribution for major equipment used in manufacturing and other businesses. the manufacturer's sales force calls on the industrial user to sell goods or services.
Answer:
$188,400
Explanation:
Data provided in the question:
Value Bonds issued = $4,000,000
Amount for which bonds issued = $3,756,000
Thus,
Bond discount at the time of issue = $4,000,000 - $3,756,000
= $244,000
Interest = 8%
Interest payable = Value Bonds issued × Interest
= $4,000,000 × 8%
= $320,000
Market rate of interest = 10%
Therefore,
Interest expense = $3,756,000 × 10%
= $375,600
Thus,
Discount amortized = Interest expense - Interest payable
= $375,600 - $320,000
= $55,600
Therefore,
At the end of the first year, Campanella should report unamortized bond discount
= Bond discount at the time of issue - Discount amortized
= $244,000 - $55,600
= $188,400
Answer:
The correct answer to the following question is option A) charging slightly lower price and raising production .
Explanation:
A cartel can be defined as a group of firms , that join forces together to decide what level of output should be produced and at what prices they should be sold at. A cartel generally forms in oligopoly market where there are few firms in the market and they all have significant share in the market.
Reason why firms join forces together is because they want to have more dominant position in the market and increase the market power. So these type of cartels forms a monopoly n the market and earn high profits. But there are always chance of firms cheating each other in market, by either increasing the production or decreasing the price by a small percent, which will allow them to earn more profits.
Answer:
a) 120 skiers per day
b) 6.25% increase in revenue
Explanation:
a) If the average skier stays 10 days, the average turnover is 1/10 of the skiers per day, or 1200/10 = 120 skiers per day.
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b) For a stay of n days, the average skier spends ...
50 +(n-1)30 = 20 +30n
and the average spending per day is ...
(20 +30n)/n = (20/n) +30
So, for a 10-day stay, the average skier spends in restaurants ...
20/10 +30 = 32 . . . . per day
And for a 5-day stay, the average skier will spend ...
20/5 +30 = 34 . . . . per day
The change in restaurant revenue is expected to be ...
(34 -32)/32 × 100% = 2/32 × 100% = 6.25%
Restaurant revenues will be 6.25% higher compared to last year.
Under the condition that country X can manufacture cars more cheaply. An absolute advantage devours in a country if it makes good over alternative country and uses a smaller amount of wealth to yield that good. The result of a country’s natural legacy is the absolute advantage. Another example is extracting oil in Saudi Arabia is pretty much just a matter of drilling a hole. Generating oil in other countries can is essential substantial exploration and costly technologies for drilling and extraction if certainly they have any oil at all. The United States devours about the richest farmland in the world which manufacture it at ease to grow corn and wheat than in many other countries. Guatemala and Colombia partake environment particularly suitable for growing coffee. Chile and Zambia have about of the world’s richest copper mines. As some have claimed that geography is destiny. Chile will bargain copper and Guatemala will harvest coffee and they will trade. When each country has a product others necessity and it can be manufactured with fewer resources in one country over another then it is easy to visualize all parties do good from trade. Thinking about trade just in relations of geography and absolute advantage is incomplete. Trade actually happens because of comparative advantage.
