There are 4 stages in the evolution of partnering represented by 4As. First is ADVISE, in this stage you express your interest in becoming his partner and communicate the intention of your product/business. Next is ACCLIMATE, this stage is when your potential partner understands the product/business. Then, ACTIVATE. This stage is when you start planning strategies with your partner on how to sell the product. Lastly, ACCELERATE your strategies into reaching greater consumer market.
Answer: For 2014, Korte would report comprehensive income of $341,000.
Explanation:
Korte Company
Comprehensive income statement for 2014 (extract)
Sales revenue $1,500,000
Cost of goods sold (1,050,000)
Gross profit 450,000
Operating expenses (165,000)
<em>Other income:</em>
Unrealised gain on AFS securities 50,000
Dividends received 6,000
Comprehensive income $341,000
Answer:
D
Explanation:
A monopoly that attempts to charge the socially desirable price will invariably reduce their economic profit because average cost and marginal cost are equal.
Answer:
Contribution margin ratio = 20%
Explanation:
We know, contribution margin is the difference between sales revenue and variable expenses, while the contribution margin ratio expressed as a parentage between the contribution margin and company sale.
We know,
contribution margin ratio = (contribution margin ÷ sales revenue) × 100
Given,
Contribution margin = $17,600
sales revenue = $88,000
Putting the value into the formula, we can get
contribution margin ratio = ($17,600 ÷ $88,000) × 100
or, contribution margin ratio = 0.2 × 100
Contribution margin ratio = 20%
Discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.
<h3>What is discretionary fiscal policy?</h3>
This refers to the decision of the federal government to increase or decrease taxes. Here, the changes in taxes are subject to the president and congress approval.
Hence, discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.
Learn more about discretionary fiscal policy here: brainly.com/question/6483847
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