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Karo-lina-s [1.5K]
3 years ago
7

The owner of an Italian restaurant has just been notified by her landlord that the monthly lease on the building in which the re

staurant operates will increase by 20% at the beginning of the year. Her current prices are competitive with nearby restaurants of similar quality. However, she is now considering raising her prices by 20 percent to offset the increase in her monthly rent. Would you recommend that she raise prices?
Business
1 answer:
Irina18 [472]3 years ago
7 0

Answer:

No

Explanation:

In a competitive market, price should be a function of variable/marginal costs not fixed costs.

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ABC Company sells 300 machines for $5000 each in the current year. Each machine carries a one-year warranty. Experience from the
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Answer:

the journal entry to record warranty expense is:

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    Cr Warranty liability 30,000

the journal entry to record actual expenses related to product warranties:

Dr Warranty liability 10,000

    Cr Cash (or inventory, or wages payable) 10,000

Depending on what type of costs are incurred by the company, the account credited will vary, e.g. if units are replaced, then inventory must be credited, or if units are repaired and only labor is used, then wages payable or cash should be credited. Since the question doesn't give us a lot of details, I credited cash.

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natta225 [31]
The answer to this question is <span>Continent Convergent Boundary
</span><span>Continent Convergent Boundary refers to the boundary where two tectonic plates experiencing active deformation.
The friction and other type of force made by these plates often caused the land to wend upwards and forming the mountains that we see today.</span>
6 0
3 years ago
Managerial efforts to boost a company's stock price should entail such actions as
sp2606 [1]

<span>The proactive efforts of company managers to boost the stock price of the company should, of a necessity, include such actions as raising the company's dividend each year (ideally by at least $.05 per share) and repurchasing shares of common stock.</span>

4 0
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Which government body authorized CTSOs
KIM [24]

Answer:

The U.S. Congress authorized CTSOs.

Explanation:

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