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Aleksandr-060686 [28]
4 years ago
15

Product development strategies require creation of new markets. a. False b. True

Business
1 answer:
REY [17]4 years ago
3 0

Answer: False

Explanation: The aim of product development strategy is to improve the existing product or bring more efficiency in the existing market. Product development strategy works in the existing market or on the existing product.

The emphasis of these strategies is to bring improvement in the market through innovation and new ideas.

Hence, the statement is false.

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Suppose an economist argues that it would be fairer if everyone in society had to pay the same portion of their income in taxes
nata0808 [166]

Answer:

Proportional Tax

Explanation:

A proportional tax imposes the same flat rate (in %) on income as payable tax.

Other types of taxes are Progressive and Regressive Tax. In progressive, the higher you earn, the higher tax you pay while in Regressive, the higher you earn, the lower income tax paid and vice versa.

8 0
3 years ago
On March 31, Oscar Corp. changes from the LIFO to the FIFO method. Its financial statement notes indicate that beginning invento
velikii [3]

Answer:

The journal entry should be:

Dr Merchandise Inventory account 50,000

Cr Retained Earnings account 50,000

Explanation:

Since Oscar's merchandise inventory was understated by $50,000 because of the previous inventory method (LIFO), when the new method, FIFO, starts to be used then the merchandise inventory must increase by $50,000 as well as retained earnings.

Merchandise inventory is an asset account and it increases, therefore it should be debited.

Retained earnings is an equity account and it increases, therefore it should be credited.

3 0
4 years ago
Scenario: You are the Middle School Principal. As shelter operations are beginning to phase down, you continue to be concerned a
Pie
<h2>Information and Intelligence management is being demonstrated</h2>

Explanation:

Information and Intelligence Management is all about managing incident-related information. This is done by forming a process to gather, share and manage information.

Information and intelligence management enable us to understand the data better. This makes the data simplified. In simple term we can say that a machine with embedded intelligence which is carrying out task with the data provided.

There are wide range of intelligence system which includes Artificial intelligence, natural language processing, wireless networking, cyber security and many more.

4 0
3 years ago
On January​ 1, Five Star Services has the following​ balances: Accounts Receivable $ 26 comma 000 ​(debit) Bad Debts Expense $ 0
PIT_PIT [208]

Answer:

$53,000

Explanation:

Data given in the question

Beginning Accounts Receivable = $26,000

Credit Sales = $130,000

Collections of credit sales  = $87,000

Write-offs = $16,000

So

As we know that

Ending Accounts Receivable = Beginning Accounts Receivable + Credit Sales - Collections of credit sales - Write-offs

= $26,000 + $130,000 - $87,000 - $16,000

= $53,000

5 0
3 years ago
Mark received $125,000 from an injury. If he puts his money in the bank
BaLLatris [955]

Answer:

Mark will have 125,420.81

Mark will earn interest for 420.81

Explanation:

If you start with 125,000.00 in a savings account earning a 5.5% interest rate, compounded Daily,  after 22 Days your savings account will have grown to 125,420.81 of which 125,000.00 is the total of your beginning balance plus deposits, and 420.81 is the total interest earnings.

6 0
4 years ago
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