A step-wise variable cost can be separated into a fixed component and a variable component.a. Trueb. False

Andrea, an enterprising individual, wants to open a store in her town. She wants her store to be of the same type as a popular c

uysha [10]

Answer:

D. Franchisee

Explanation:

A franchisee can be defined as an individual who is a small business owner who operates a franchise. A franchisee is given license by the franchisor to run a business under the franchisor's trade mark, trade name and method of operations. A franchise is a business in which the owners sell the rights to their business trade mark, trade name, logo and method of operations to a third party outlet or individuals owned separately by who we refer to as the franchisee. In this case, Andrea wants to become a franchisee by opening the same type of popular coffee chain in her town that is found in a nearby town.

6 0

3 years ago

What are some of the primary reasons a company decides to expand internationally? Identify a company in the news that has recent

nignag [31]

Answer:

Primary reasons a company would decide to expand internationally are as follows:

Expanding markets and increasing sales are one of the primary reasons.
Companies get globalized in order to become a market leader.
The company may choose to enter into international market in order to diversify a company's product line.
Markets and investments would be protected by companies once they enter into international market and get engaged in an international business.
Controlling the expenses is again one of the most important reasons. Company would buy the resources to gain cost advantage.
For example, the company which is located in Canada gets most of their resources from China; the company would look forward to get situated near China.
Another reason would be, to get protected from their competitors or to gain advantage over them; the company would decide to expand internationally.

The three motivational factors that induce a company to go global are as follows:

Economies of Scale — The advantage that a company gain through mass production to achieve the lowest possible production cost per unit.
Economies of scope — The advantage that a firm gains by producing different varieties of products and services and at different regions.
Low-Cost Production Factors — It is an opportunity to purchase the resources at the lower possible cost.

Jaguar Land Rover decided to manufacture cars outside the UK for the first time. In recent years, it has rapidly expanded in its home UK and the company is planning to go to Brazil and implement the strategies that they had implemented in India.

Jaguar Land Rover moves to other countries to gain the opportunity of producing at a lower price and to gain economies of scale.

3 0

2 years ago

Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During Jun

Leya [2.2K]

Answer:

The accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Explanation:

Note: See the attached excel file for the analysis of the Effect of June Transactions on the Accounting Equation

From the last balances in the attached excel file, we have:

Assets = Cash + Receivable + Equipment = $41,000 + $8,000 + $31,000 = $80,000

Liabilities = Payable = $0

Equity = M. Chen, Capital - M. Chen, Withdrawals + Revenue - Expenses = $75,000 - $1,000 + $10,500 - $4,500 = $80,000

Liabilities + Equity = $0 + $80,000 = $80,000

Therefore, the accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Download xlsx

4 0

2 years ago

Marginal revenue for a monopolist is computed as :

ioda

Answer:

d. change in total revenue per one unit change in quantity sold.

Explanation:

A monopolist marginal revenue is change in total revenue per one unit change in quantity sold.

Average revenue is total revenue divided by quantity sold.

A monopolist is a firm that only exists in an industry.

I hope my answer helps you.

6 0

3 years ago

What type of MSD causes inflammation of the tendons that conmect bones to muscle?

alukav5142 [94]

Watch where you post, because this is not business!

Tendinitis leads to the inflammation of tendons, it's painful and not exactly fun!

6 0

3 years ago