1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
STatiana [176]
2 years ago
8

Read the section "The Effect of Price on Number of Suppliers." What support does the reading give for the idea that the music in

dustry frequently sees a pattern of sharp increases and decreases in supply in response to trends?
Business
1 answer:
uranmaximum [27]2 years ago
5 0

The effect of the demand and supply chain can be seen in the highly volatile nature of the music industry.

Explanation:

The principles are highly accurate for many industries that are given in the article  "The Effect of Price on Number of Suppliers."

This is effectively about the demand and supply chain and one can see how this applies to the people in the music industry who have to deal with these overhauls.

The industry is largely volatile and there are trends that come and go in a couple of years and with them go away whole labels and and artist.

The people who survive are the ones that adapt and do not go all in on one trend or another.

This one can even see in other business practices.

You might be interested in
At any given hotel, one of the largest departments is housekeeping.
KengaRu [80]

Answer:

True

Explanation:

3 0
2 years ago
Read 2 more answers
_________________ based vpns are appropriate when the endpoints are controlled by different organizations and network administra
sergij07 [2.7K]
<span>Software vpns are often the choice when connecting different organizations and network administrators. This choice is led by two factors. Software vpns are less expensive and offer easier and more flexible configuration</span>
8 0
2 years ago
Chapman Company, a major retailer of bicycles and accessories, operates several stores and is a publicly traded company. The com
Ivan

Answer:

Chapman Company

Statement of Cash Flows for the year ended May 2014:

Operating activities:

Cash from customers     $1,238,350

Cash to suppliers              ($683,910)

Salaries & Wages                (277,340)

Other expenses                    (10,548)

Income Tax                           (43,250)

Net Cash from operating activities       223,302

Investing activities:

Plant                                      (17,610)         (17,610)

Financing activities:

Dividends                           (104,312)

Interest                                (73,340)

Bonds                                  (29,870)

Issue of stock                        9,570

Net cash from financing activities        (197,952)

Net cash flows                                          $7,740

Explanation:

a) Data and Calculations:

1. CHAPMAN COMPANY

COMPARATIVE BALANCE SHEET

AS OF MAY 31

                                                 2014                2013

Current assets

Cash                                     $28,560       $20,820

Accounts receivable              75,850          58,940

Inventory                             220,080        250,770

Prepaid expenses                    9,148             7,580

Total current assets           333,638           338,110

Plant assets

Plant assets                        600,070        502,460

Less: Accumulated depreciation

—plant assets                      150,060         125,320

Net plant assets                 450,010          377,140

Total assets                     $783,648       $715,250

Current liabilities

Accounts payable            $123,190        $115,200

Salaries & wages payable  47,660           72,420

Interest payable                  27,980          25,490

Total current liabilities       198,830          213,110

Long-term debt

Bonds payable                    70,770        100,640

Total liabilities                  269,600        313,750

Stockholders’ equity

Common stock, $10 par  370,460       280,890

Retained earnings            143,588         120,610

Total stockholders’ equity 514,048      401,500

Total liabilities and stockholders’

equity                              $783,648     $715,250

2. CHAPMAN COMPANY

INCOME STATEMENT

FOR THE YEAR ENDED MAY 31, 2014

Sales revenue                    $1,255,260

Cost of goods sold                 722,590

Gross profit                             532,670

Expenses

Salaries and wages expense 252,580

Interest expense                       75,830

Depreciation expense              24,740

Other expenses                         8,980

Total expenses                       362,130

Operating income                  170,540

Income tax expense               43,250

Net income                          $127,290

3) Cash Receipts:

Cash from customers $1,238,350

Issue of stock                       9,570

4) Cash Payments:

Cash to suppliers         $683,910

Plant                                   17,610

Income Tax                      43,250

Dividends                        104,312

Salaries & Wages          277,340

Interest                            73,340

Other expenses              10,548

Bonds                              29,870

5) Prepaid Expenses

Ending balance             $9,148

Expenses                        8,980

Beginning balance         7,580

Cash paid                   $10,548

6) Accounts Receivable:

Beginning balance  $58,940

Sales                     1,255,260

Ending balance         75,850

Cash received   $1,238,350

7) Accounts Payable:

Beginning balance $115,200

Purchases                691,900

Ending balance      $123,190

Cash paid              $693,910

8) Purchases:

Ending inventory    $220,080

Cost of goods sold   722,590

Beginning inventory 250,770

Purchases               $691,900

9) Salaries and Wages Payable

Beginning balance $72,420

Expenses               252,580

Ending balance        47,660

Cash paid            $277,340

10) Interest payable:

Beginning balance $25,490

Expense                    75,830

Ending balance        27,980

Cash paid               $73,340

8 0
3 years ago
Sam and Bridget are cousins who jointly own property. They are both named on the deed, they received title at the same time, the
asambeis [7]

Answer: The answer is JOINT TENANCY

Explanation: What is joint tenancy?

This is a legal arrangement whereby two or more people jointly own a property, in this arrangement, all owners have equal rights and obligations to the property. When one of the owners die, that owner's stake in the property goes to the surviving owners without having to pass through the court, because of the right of survivorship.

So the type ownership between Sam and Bridget above is a Joint Tenancy.

3 0
3 years ago
While the personal computer industry is flooded and growing with laptops and tablets, Malik recently bought a desktop, his first
kolezko [41]

Answer:

A: Laggards.

Explanation:

  • Willingness of customers to try out new products.

There are 5 types of adapters, identified by Sociologist Evrett Roger in 1962:

  1. Laggards.
  2. Early adopters.
  3. Early majority.
  4. Category captains.
  5. Late majority.

Laggards: These are those customers who adopt to new ways slowly, after those ways would have become normal for the world.

  • Such as malik realized the essential need for laptop lately, however the market was filled with the product.
6 0
3 years ago
Other questions:
  • Herbert spencer believed that societies evolve from lower to higher forms because as generations pass, the most capable and inte
    13·2 answers
  • Assuming a normal upward-sloping supply curve and a normal downward-sloping demand curve, if the government imposes a $5 excise
    6·1 answer
  • Direct labor cost is classified as: Conversion cost Prime Cost A) Yes Yes B) No No C) No Yes D) Yes No Choice A Choice B Choice
    8·1 answer
  • Less than 18 percent of voluntary customer contributions in a recent year went to renewable energy development in the duke power
    13·1 answer
  • The manager of a retail store notices that 7% of the inventory is missing. She doesn’t know if the merchandise was stolen, lost,
    15·1 answer
  • 1. What characteristics of sales promotions account for the high levels of expenditures that have been allocated to them in rece
    7·1 answer
  • 15 stores and their distribution warehouse. The Paint Supply Store franchise sells an average of 70 gallons of Purple Paint ever
    9·1 answer
  • Creating value within business units can happen when a firm tries to find and acquire either poorly performing firms with unreal
    10·1 answer
  • Duane has a small woodworking business and saves the money for college. He stores his tools in his apartment. Duane would like t
    14·1 answer
  • Because there is so much unpredictability in all supply chains, companies must use ___ to make supply chain decisions.
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!