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3 years ago

Companies who believe that higher sales volume leads to lower unit costs and higher long-run profits are attempting to Answer .

Business

1 answer:

Shkiper50 [21]3 years ago

3 0

Answer:

A) Maximize their market share.

Explanation:

Companies which believe higher sales volume will drive the cost down (& profits upward) will need to sell more of their products to achieve this target.

For example, if a bike manufacturer thinks that he can reduce cost by higher number of sales, he must maximize his market share and target more and more people to buy the bikes, let it be child, millennial, parents, everyone.

This will derive the sales volume to be higher and the costs to be lower (& higher long-run profits).

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An investment made 10 years ago is worth $100,000. if the annual return over these 10 years was 7.20%, then the original investm

GenaCL600 [577]

The original investment amount was $ 68.56 then annual return on investment is 10 years was 7.20% interest.

What is investment?

Investment definition is assets invested in to build wealth and save money on bank, property and projects for specific time period of money.

PV is a present value, FV is a future value, i is interest, n is number of period

PV= FV/ (1 + i) n

PV= 1, 00,000 / (1+7.20%) 10

PV =68.5650014087

As a result, the original amount of investment is 68. 56

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1 year ago

Fishermen’s Corp. is considering purchasing a boat. If the boat was purchased, it is expected to receive $20,000 at the end of t

ozzi

Answer:

The boat today is worth 100,440 dollars

Explanation:

We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:

We will apply the formula for lump sum to each $\frac{Maturity}{(1 + rate)^{time} } = PV$

cash flow and then add them together

$\frac{20,000}{(1 + 0.08)^{1} } = PV$

$\frac{40,000}{(1 + 0.08)^{2} } = PV$

$\frac{60,000}{(1 + 0.08)^{3} } = PV$

Year Nominal Present Value

1 20000 18, 518

2 40000 34,293

3 60000 47,630

TOTAL 100,441

5 0

3 years ago

Which resource management activity identifies and verifies that personnel?

Sliva [168]

Resource management effectively develops and uses the resources of the organization. Credentialing recognizes and confirms the personnel.

<h3>What is credentialing?</h3>

Credentialing is a process that involves the documentation of the individual of the organization or the corporation so that the true and fair authentication and qualification of the person associated are ensured.

It is an essential function of the management that confirms the skills and requirements of the person that will be an asset to the organization. The qualifications of the person required will be established and can be approved.

Therefore, credentialing is used to determine and affirm.

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1 year ago

The conceptual framework that the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (

Leokris [45]

Answer:

D) Uniformity

Explanation:

The purpose of the conceptual framework is to assist the International Accounting Standards Boards and account preparers in having a better understanding of the International Financial Reporting Accounting Standards, knowing the right accounting policy to take where there is no clear standard, as well as developing and revising standards.

Issues meant to be addressed by this framework include recognition and derecognition, measurement, qualitative characteristics of important financial information, the objective of financial reporting, financial statements and the reporting entity, understanding of capital and capital maintenance as well as presentation and closure.

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3 years ago

Carla Vista Enterprises buys back 600,000 shares of its stock from investors at $6.50 a share. Two years later, it reissues this

photoshop1234 [79]

Answer:

Debit to cash is $3,900,000

Explanation:

The journal entry for recording this given transaction is as follows

Cash Dr (600,000 shares × $6.50) $3,900,000

To Additional paid in capital (600,000 shares × $0.50) $300,000

To Treasury stock (600,000 shares × $6.00) $3,600,000

(Being the stock reissued for cash is recorded)

for recording this we debited the cash as it increased the assets and credited the treasury stock as it reduced the treasury stock balance and credited the additional paid in capital

8 0

3 years ago