All categories

3 years ago

Question 1 Multiple Choice Worth 10 points)

Business

1 answer:

kipiarov [429]3 years ago

3 0

Answer:

Federal Trade Commission

Explanation:

I just took the quiz and got it right.

You might be interested in

A study has been conducted to determine if Product A should be dropped. Sales of the product total $224,000 per year; variable e

jek_recluse [69]

Answer: Decrease by $11,200 per year.

Explanation:

First let's calculate the income if the product is not dropped.

Calculting income would be,

= Sales - Variable Costs - Fixed Costs

= 224,000 - 156,800 - 100,800

= -$33,600

Income(loss) would be a ($33,600) if the product is kept.

If the product is discontinued, it is given that $44,800 in fixed costs will still continue.

These fixed costs cannot be covered in part by the Sales because the product will be discontinued. So that means the net operating Income would simply be a $44,800 loss.

The difference between these 2 options is therefore,

= 44,800 - 33,600

= $11,200

This means that if Product A is stopped, the net operating income will decrease by a further $11,200 because there is no revenue to cover the fixed assets in part. The last option is correct.

7 0

3 years ago

Mass media can be employed to publicize a cause or product by distributing information that is distorted or exaggerated. What is

Kryger [21]

Explanation:

to you ggagsusgfaaywugahagagttsgsyyye

6 0

2 years ago

A(n) _____ is the combination of advertising, personal selling, sales promotion, social media, and public relations that are use

mamaluj [8]

Answer:

Promotional mix

Explanation:

Promotional mix can be defined as a combination of different marketing approaches which are carried out to improve the sales of the company products and services.

Promotional mix is used by marketers to provide potential customers with adequate information about their products and services.

Promotional mix is essential for building strong awareness about the product, it is also very effective at reaching a wide range of different audiences.

4 0

3 years ago

Monopoly has social costs because A. P is greater than MC and this implies economic inefficiency. B. too few resources are being

elena55 [62]

Answer:

Option "D" is the correct answer to the following question.

Explanation:

A monopoly usually has all kinds of social costs. Price under monopoly is more than marginal cost, which also often means that society does not have the economic capacity.

In monopoly business, resources are usually used less and other businesses use more resources, which is why monopoly business is usually associated with social interests.

Monopoly businesses produce fewer goods but charge more on those goods because they are the sole producers of the services or goods they produce, so all three options are correct

4 0

2 years ago

Justification for the method of determining periodic deferred tax expense is based on the concept ofa. Matching of periodic expe

sukhopar [10]

Answer:

c. Recognition of assets and liabilities

Explanation:

Determining periodic deferred tax is a consequence of difference of tax as per book profit and profit as per income tax norms.

Thus recognition of deferred tax asset or liability is matching of assets and liabilities, as when we recognize deferred tax asset as in the condition that the tax payable as per income tax is less and as per books is more than deferred tax asset arises.

In this case we recognize the asset, then against that asset recognized is income tax payable, further income tax payable is set off against this asset and income tax expense.

6 0

2 years ago