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ankoles [38]
3 years ago
5

Which of the following is most likely a motive of firms in the mining industry to enter new foreign markets?

Business
1 answer:
Bess [88]3 years ago
5 0

Answer:

c. access natural resources

Explanation:

The mining industry is involved in the extraction of minerals like coal and petroleum. These are resources that can't be created in an artificial way and that are non-renowable which is a great concern for this industry and they are always trying to find new places where they can extract these resources. Because of this, the answer is that the option that is most likely a motive of firms in the mining industry to enter new foreign markets is: access natural resources.

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Steve wants to use Google Display Ads to reach new customers who are looking to purchase products similar to his. Which audience
jok3333 [9.3K]

Answer: In-Market audiences

Explanation:

In-market audiences are internet users who through their browsing history and tendencies have spurred Google to term them as users with <em>high commercial intent</em>.

Because of the analysis done by Google, they know what the users are looking for and so one can target specific ads at them. Steve can therefore use Google Display Ads to target those customers who are looking to buy similar products to his through In-market audiences.

6 0
3 years ago
Cushman Company had $800,000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods sold o
patriot [66]

Answer:

Gross profit equals $420,000

Explanation:

To get gross profit , we only discount the cost of goods sold from the Total sales

Gross profit Formula= net sales – cost of goods sold

Gross profit =$800,000- $380,000

Gross profit =$420,000

We use sales returns and allowances, sales discounts and operating expenses to get net income.

5 0
3 years ago
At the start of football season, the ticket office gets very busy the day before the first game. Customers arrive at the rate of
ipn [44]

Answer:

(a) 3.2

(b) 10 minutes

(c) 0.8

Explanation:

Mean number of customer in service:

= Arrival rate ÷ service rate

= 24 in 60 min ÷ 30 in 60 min

= 24 ÷ 30

= 0.8

a) Average number of people in line:

= (Mean number of customer in service × arrival rate) ÷ (Service rate - arrival rate)

= 0.8 × (24 ÷ 6 )

= 3.2

b) Average time spend at the ticket office is = 10 minutes

c) Proportion of time server is busy:

= Arrival rate ÷  service rate

= (24 in 60 min ÷  30 in 60 min)

= 24 ÷ 30

= 0.8

7 0
3 years ago
ECG Company recorded two sales on March 1 of $20,000 and $30,000 under credit terms of 3/10, n/30 (3% discount if paid within 10
AlladinOne [14]

Answer:

In net method the discount not given is recorded as revenue and in gross method the discount allowed is recorded as expense.

Explanation:

ECG Company

Journal Entries

<u>Net  Method</u>

Date               Particulars                         Debit             Credit

1 March        Accounts Receivable       19400

                     Accounts Receivable     29,100

                              Sales                                              48500

( Calculation of net Sales ( 20,000* 3% = 600, 30,000* 3%= 900) 20,000- 600= 19,400 and 30,000- 900= 29,100)

8 Mar             Cash                         19400

                          Accounts Receivable                      19400

Receipt of 20,000 Sales within discount period.

25 Mar          Cash                        30,000

                      Accounts Receivable                          29,100

                    Interest Revenue                                        900

Receipt of payment after discount time period.

<u>Gross Method</u>

1 March        Accounts Receivable       20,000 Dr

                     Accounts Receivable      30,000 Dr

                              Sales                                              50,000 Cr

Transactions of Sales on gross method. Here discount is not calculated unless given.

8 Mar             Cash                         19400 Dr

                      Discount Allowed       600 Dr

                          Accounts Receivable                      20,000 Cr

Receipt of 20,000 Sales within discount period.

25 Mar          Cash                        30,000 Cr

                      Accounts Receivable                          30,000 Cr

           Receipt of Sales of 30,000 after the discount period.

6 0
3 years ago
Inflation is often measured by evaluating changes in the cost of a fixed basket of goods and services. this method_______ inflat
stealth61 [152]
Is there any answer choices ?
8 0
3 years ago
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