Answer: Option C
Explanation: In a monopolistic competition market structure, there are many producers selling their products and each product is not a perfect substitute of the other.
The number of producers are large but each operate at a relatively smaller level. The products offered in the market are similar but not identical.
Hence, from the above explanation we can conclude that option C is correct.
Answer:
COGS= $598,020
Explanation:
Giving the following information:
Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory was $67,000, and his ending inventory is $77,200. During the year, Kevin withdrew $1,780 in inventory for his personal use.
We need to deduct the inventory used for personal use.
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
COGS= 67,000 + 610,000 - 77,200 - 1,780
COGS= $598,020
Answer: Upward communication
Explanation:
Upward communication can be defined as the communication process that occurs from the lower levels to higher levels. In other words, communication flows upwards. Communication is a fundamental aspect of every workplace since it allows us to express everything that is happening at work. When communication occurs effectively, work can be done better and thus give better results. When there is communication, it is also easier to identify possible problems that may arise.
Staying in constant communication helps to make the work environment more comfortable for both, it is important to be able to express everything related to work and receive feedback that only has the intention that everything can go better.
Answer:
The Silverside Company
Project 1's Payback Period
= Initial Investment/Annual cash flows
= $400,000 / $90,000
= 4.44 years.
Explanation:
Project 1:
Initial Investment = $400,000
Useful life = 5 years
Annual cash inflows for useful life = $90,000
The Silverside Company's payback period calculates the time or number of years that it would take the company to recover from its initial investment in Project 1. This is the simple payback period calculation. There is also the discounted payback period calculation. This method discounts the annual cash inflows to their present values before the calculation is carried out. This second method gives a present value perspective on the issue.
Answer:
//algorithm for ATM money withdrawal
Algorithm: Algorithm for cash withdrawals from ATM.
Input: withdraw_amount
Output: amount+service_charges.
Algorithm:
step 1:
balance =account balance.
withdraw_amount = (Get input from user)
step 2:
if(withdraw_amount>400)
then, print "maximum limit exceeds"
step 3:
if(withdraw_amout<1)
then, print "enter a valid amount"
step 4:
if(withdraw_amount>balance)
then, print "insufficient balance.. withdraw money $30 as service charges "
step 5:
if(withdraw_amount<400 && withdraw_amount<balance)
if(withdraw_amount>200)
service_charge=withdraw_amount*(3/100)
print " Your cash is dispensed... total amount withdrawn +service_charges 30% (withdraw_amount +service_charge) "
