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3 years ago

What Best protects a firm from being forced to sell its product at an unfairly low price?

1 answer:

4 0

Numerous number of consumers or buyers protects a firm from being forced to sell its products at an unfairly low price. This is one of the important reasons that a firm can sell its product at a good price. If the competition increases, then the firm has to beat the competition to get the required price, otherwise it might have to lower its price to hold on to its consumers.

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What does Pa think is too close to the Ingallses' house?

AlekseyPX

C a well cause it will always be closer

7 0

4 years ago

During the year, Mark reports $90,000 of active business income from his law practice. He also owns two passive activities. From

andrezito [222]

Answer:

b. $90,000 with a $10,000 loss carryover

Explanation:

Given that

Active business income = $90,000

From Activity A, the income earns = $20,000

From Activity B, the loss incurs = $30,000

So by considering the above information, the Adjusted gross income should be

The $90,000 should be recorded

Plus, the $10,000 loss should also be carryover

The $10,000 loss is come from

= $20,000 - $30,000

= -$10,000

8 0

3 years ago

Two Scoops uses the information to track cash, sales revenue, and expenses daily. How does this type of accounting system facili

lana [24]

Two Scoops uses the information to track cash, sales revenue, and expenses daily. This type of accounting system facilitate effective decision making by the following ways.

<h3>What is accounting system?</h3>

An accounting system is a collection of accounting operations with built-in controls.

Effective decision making through given accounting system are-

This strategy would ensure that the business was completely aware of its daily sales and what the counter balance ought to be at any given moment.
It would be simple to make business decisions that are in line with the needs of the firm and not just arbitrary decisions based on reality contacts thanks to the data obtained from this procedure being ready to put in to excel sheets and be shown in the form of various charts.
Since they are aware that the accounts are regularly audited, store staff would not want to take part in stealing from the cashier.

To know more about accounting, here

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5 0

2 years ago

Cari Chair Company manufactures rocking chairs. The estimated number of rocking chair sales for each of the last three months of

tester [92]

Answer:

Production December= 15,000

Explanation:

Giving the following information:

Month Unit Sales

October 10,000

November 14,000

December 15,000

Finished goods inventory at the end of November was 4,000 units.

<u>To calculate the production required for December, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

Production= 15,000 + 16,000*0.25 - 4,000

Production= 15,000

4 0

3 years ago

Wildhorse Co. incurred research and development costs in 2018 as follows:

vazorg [7]

Answer:

d. $2,950,000

Explanation:

The computation of amount of research and development costs charged is shown below:-

Amount of research and development costs = Direct materials + Personnel cost + Consulting fee paid to outsiders + Indirect costs + Depreciation

= $995,000 + $795,000 + $345,000 + $270,000 + $545,000

= $2,950,000

Therefore for computing the amount of research and development costs we simply applied the above formula.

8 0

3 years ago