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3 years ago

During industrialization, smaller businesses struggled to compete with large corporations because small businesses

Business

1 answer:

icang [17]3 years ago

4 0

Answer: Option B

Explanation: In simple words, cost cutting refers to the process in which an organisation modifies or re- implement its production and distribution process with the sole object of reducing the cost of production.

By reducing the cost of production an organisation can charge low prices for the product in the market and attract more customers. Although this process sounds straight but it is not easy for the firms orating at small level.

Large firms can easily cut their cost without affecting quality as they have huge scale of operations and they purchase inputs at a high volume which makes them applicable for particular discounts.

Thus, from the above we can conclude that the correct option is B.

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If over a short time there is an increase in the number of people retired and a decrease in the number of people working, then p

lesantik [10]

Answer:

a. rises but real GDP per person falls

Explanation:

Gross domestic product is the total monetary value of output that is produced by an economy in a given period.

GDP increases as the income increases. This is because people have more money to spend on goods and services.

So if people are retiring they will earn pension that will be spent. This increases productivity of the economy.

However since the number of people working is reducing there will be a reduction in real GDP per person. Only few people are producing and output will be allocated to a large population many of whom are not working.

6 0

3 years ago

Help!!!!!

uysha [10]

1. revenue 2. income 3. graph 4. equity 5. balance sheet 6. income taxes

5 0

3 years ago

Pharoah Company has accumulated the following budget data for the year 2020. 1. Sales: 31,410 units, unit selling price $89. 2.

Rama09 [41]

Answer:

<u>Computation of cost of goods sold for 2020</u>

Direct materials(1 pound× $5 ) $5

Direct labor(3 hours × $12) $36

manufacturing overhead ($8 × 3 hours) $24

Total unit cost $65

<u>Budgeted multiple-step income statement for 2020</u>

Sales ( 31,410 units × $89) 2,795,490

Less Cost of Sales (31,410 units × $65) (2,041,650)

Gross Profit 753,840

Less Operating Expenses :

Selling and administrative expenses: (170,000)

Operating Income 583,840

Less Non - Operating Expenses

Interest expense (30,000)

Income before income taxes 553,840

Income tax (553,840×30%) (166,152)

Income After income taxes 387,688

Explanation:

Cost of Sales = all manufacturing costs

Multi step - Income Statement separates income generated from Primary Activities of the Company (Operating Income) with Income generated from Secondary Activities of the Company (Non-Operating Income)

6 0

3 years ago

If you put money into a compound interest account with 7.2% interest rate how many years will it take to double your money?

Firlakuza [10]

Answer:

It would take 2 years

Explanation:

7x2=14 witch is the 7.2% interest rate so it would take two years 2 double your money

4 0

2 years ago

Leaf] Leaf, an employee of the California Department of Forestry, insisted on signing inter-office memoranda with his name and t

dusya [7]

Answer: If it has a secular legal purpose, has a primary effect of neither advancing nor inhibiting religion, and does not foster an excessive government entanglement with religion

Explanation:

The Establishment clause prevent the Congress from having a state religion or honig preference to one religion above another one.

The circumstances that a state law would be permissible under the establishment clause include if it has a secular legal purpose, has a primary effect of neither advancing nor inhibiting religion, and does not foster an excessive government entanglement with religion.

5 0

3 years ago