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3 years ago

What is the most common function performed by electronic data interchanges?

1 answer:

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What is the most common function performed by electronic data interchanges? S<span>ending electronic equivalents of structured documents between different organizations. An electronic data interchange is an interchange between computers to other computers within the same type of business. These interchanges are used for the programs to communicate electronically. </span>

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Monopolistically competitive markets are characterized by a large number of firms A economies of scale B standardized products C

zavuch27 [327]

Answer:

The answer is B. standardized products

Explanation:

Monopolistic Competition has the following characteristics :

1. There large numbers of buyers and sellers

2. The products offered by sellers are close substitutes for the products offered by another seller.

3. The costs associated with entry and exit are low.

4. Sellers differentiate their products through advertising, branding etc.

Know that the most distinguishable factor in this market is product differentiation or standardized products.

The extent to which the seller is successful in product differentiation determines pricing power in the market.

The demand curve in this market is downward sloping i.e increase in price will lead to decrease in quantity demanded. This market is similar to perfectly competitive market.

The economic profit will fall to zero in the long run because the entry costs are not high.

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3 years ago

On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31. The bonds mature at t

ss7ja [257]

Answer and Explanation:

The amortization schedule is presented below:

Date Cash Interest expense Amortization Balance

A B C = (A - B)

January 1, Year 1 $58,998

End of Year 1 $3,944 $3,717 $227 $58,771

E = D - C

End of Year 2 $3,944 $3,702.573 $241 $58,530

End of Year 3 $3,944 $3,687.39 $257 $58,273

End of Year 4 $3,944 $3,671 $273 $58,000

Working notes:

For computing the missing amount first we have to find out the interest expense rate which is

= $3,717 ÷ $58,998

= 6.30%

For year 2,

The interest expense is

= $58,771 × 6.30%

= $3,702.573

For year 3,

The interest expense is

= $58,530 × 6.30%

= $3,687.39

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4 years ago

An external evaluation with consumers that consists of preliminary testing of a new-product idea rather than the actual finished

Sav [38]

Answer:

B. a concept test.

Explanation:

Concept testing is defined as a research method in which it includes the questions of the customer related to their concepts and ideas for the product or services prior to introducing it into the market

So basically it is an external evaluation lies with the customers that contains the preliminary testing

So the option b is correct

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3 years ago

Suppose Maestro'sMaestro's had cost of goods sold during the year of $ 230 comma 000$230,000. Beginning merchandise inventory wa

sveticcg [70]

Answer:

The answer is: Maestro's inventory turnover was 5.75 times

Explanation:

In order to find the inventory turnover we use the following formulas:

Inventory turnover = COGS / Average inventory
Average inventory = (beginning inventory + ending inventory) / 2

First we find the average inventory:

Average inventory = ($35,000 + $45,000) / 2 = $40,000

Now we can calculate the inventory turnover:

Inventory turnover = $230,000 / $40,000 = 5.75 times

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3 years ago

If you wanted to ensure that you were able to recieve the lowest premium rate for your homeowner’s insurance, which of the follo

Zigmanuir [339]

Answer:

Explanation:

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3 years ago