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PIT_PIT [208]
4 years ago
10

The production plant for Ruby Manufacturing has been located in the same place for over 100 years. The company has just complete

d its new factory that includes its new corporate offices. The planning required for moving Ruby into a new facility is a single-use plan.
a. true
b. false
Business
1 answer:
Allushta [10]4 years ago
5 0

Answer:

True

Explanation:

The single-use plan is a set of activity that is specifically designed to achieve a specific goal. In the above example, the Ruby manufacturing company has planned to build its new factory with the sole purpose to include offices. This is a single-use plan because the only reason to build a new factory is to make space for the offices.

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In some industries, low switching costs can act as an important barrier to entry.
Mazyrski [523]

FALSE

In some industries, high switching costs can act as an important barrier to entry.

Barrier to entry is defined as conditions which prevent companies to enter in a market. It limit the competition as no new firm easily join the market.

Some examples of the barrier to entry is high start-up cost, government regulations, high customer switching cost.

Business earn its profit from customers only , if customers will switch to the substitute product , then company will incur high loss. It will act as a barrier to entry.

It protects the market share. Because if no new comer join then market share will not get shared with other new comer.

To know more about barrier to entry:

brainly.com/question/28199299

#SPJ4

5 0
2 years ago
Holiday Company issued its 9%, 25-year mortgage bonds in the principal amount of $3,000,000 on January 2, 2006, at a discount of
elixir [45]

Answer:

A. December 18, 2020

Dr Cash 4,080,000

Cr 11% Bond payable (Face value) 4,000,000

Cr Premium on issue of Bond payable 80,000

January 2, 2021

Dr 9% Bonds Payable ( Face value) 3,000,000

Dr Loss on redemption of Bond 180,000

Cr Discount on Bond payable 60,000

Cr Cash 3,120,000

B. The LOSS is reported as an ORDINARY INCOME

Explanation:

A. Preparation of Journal entries

December 18, 2020

Dr Cash 4,080,000

($4,000,000/100)*102

Cr 11% Bond payable (Face value) 4,000,000

Cr Premium on issue of Bond payable 80,000

(4,080,000-4,000,000)

January 2, 2021

Dr 9% Bonds Payable ( Face value) 3,000,000

Dr Loss on redemption of Bond 180,000

[3,00,0000-(3,120,000+60,000)]

Cr Discount on Bond payable 60,000

($150,000/25)*10

Cr Cash 3,120,000

(3,000,000*104%)

B. Indication of the income statement treatment of the gain or loss from redemption.

The LOSS is reported as an ORDINARY INCOME

8 0
3 years ago
Brett wants to sell throw blankets for the holiday season at a local flea market. Brett purchases the throws for $15 and sells t
Fynjy0 [20]

Answer:

$750

Explanation:

Total cost for Brett = Rental cost + Buying cost for 200 throws

Total cost for Brett = $1,500 + ($15*200)

Total cost for Brett = $1,500 + $3,000

Total cost for Brett = $4,500

Total income for Brett = Demand * Selling cost

Total income for Brett = 150 * $35

Total income for Brett  = $5,250

Payoff = Income - Cost

Payoff = $5,250 - $4,500

Payoff = $750

4 0
3 years ago
As secretary of state, Hillary Clinton wanted to change the behavior of nations. Her bid for president of the United States in 2
mezya [45]

Answer:

Power

Explanation: Hillary Clinton was the former secretary of State in United States of America, she was born October 24,1947. She is a diplomat,lawyer, politician and wife of the former president Bill Clinton. During her days as the first lady of the United States of America she worked and advocate for the health of the ordinary people through seeking health reforms.in 2006, she wanted to become the president of the United States of America and lead other countries and nations with Power.

6 0
3 years ago
Read 2 more answers
There's a lot of room for people to grow with this organization, hiring manager Myranda told the applicant. "But we expect a lot
Ray Of Light [21]

In this case it is a realistic view of the work. The manager makes it clear what the company intends with the employee. She explains that employment can offer good chances for professional growth, but also makes it clear that this will happen due to employee performance and consistent work. It is a realistic view of the job by presenting the benefits and duties of the employee.

4 0
4 years ago
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