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3 years ago

In Washington, D.C., there are many coffee shops, each offering nearly

Business

1 answer:

exis [7]3 years ago

5 0

Answer:

The correct answer is B) monopolistically competitive market.

Explanation:

Monopolistic competition is an imperfect type of competition in which there is a high number of sellers in the market that have a certain power to influence the price of their product.

The products offered are characterized by having some differentiation and it is precisely this differentiation that makes these companies enjoy a certain market power, have a certain voice when it comes to setting their prices and are not merely "price-acceptors", as in the case of perfect competition. Therefore, the graphic representation of monopolistic competition will be that of the right, imperfect competition.

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What is the maximum amount a 45-year-old taxpayer and 45-year-old spouse can put into a Traditional or Roth IRA for 2019 (assumi

puteri [66]

Answer:

If you are single, head of household or married filing separately, your contribution limit of $5,500 begins to phase out when your modified AGI reaches $61,000 and is zero beginning at $71,000. If you are married, filing jointly, or a qualified widow or widower, your contribution limit of $5,500 begins to phase out when your modified AGI reaches $98000 and is zero beginning at $118,000. So since they dont have an income limitation and are not covered by another pension plan, they both should be able to contribute $5,500 for a combined result of $11,000 to a Roth IRA

8 0

3 years ago

Read 2 more answers

Typically, the firms' lowest cost source of financing is ____________ as its cost is tax deductible and it also tends to offer t

Finger [1]

Answer:

Debt

Explanation:

Debt is the lowest cost source of financing because the interest return given to holders of debt has a tax shield (tax deductible) that is provided by the Section 11j of the Income tax Act.

The other sources of finance give a return in form of dividends. Dividends are are not tax deductible hence they attract a huge cost.

6 0

3 years ago

The following information pertains to Crane Video Company:1. Cash balance per bank, July 31, $7,263.2. July bank service charge

My name is Ann [436]

Answer:

A. Prepare a bank reconciliation at July 31.

Crane Video Company

Bank Reconciliation

July 31

Cash balance per bank statement $7,263

Add: Deposits in transit 1300

8,563

Less: Outstanding checks 591

Adjusted cash balance per bank $7,972

Cash balance per books $7,284

Add: Collection of N/R ($700 plus

accrued interest $36 less collection

fee $20) 716

8,000

Less: Bank service charge 28

Adjusted cash balance per books $7,972

B. Journalize the adjusting entries at July 31 on the books of Crane Video Company.

The adjusting entry would be,

Date Account Title Debit Credit

Jul 31 Cash 716

Miscellaneous Expense 20

Notes Receivable 700

Interest Revenue 36

(to record Collection of N/R ($700 plus accrued interest $36 less collection fee $20)

31 Miscellaneous Expense 28

Cash 28

(to record bank service charge)

5 0

3 years ago

When the law office of dewey, cheatham, and howe received the case of legal paper it had ordered from an internet office supply

Vladimir79 [104]

This is an example of reverse logistics. This takes in the entire shipping chain from the recipient of the parcel back to the original sender, and is just as important to customer relations as the original chain from the retailer through the customer. Having an easy reversal chain can make it much simpler to process customer requests for returns and exchanges with a minimum of downtime and resources expended.

5 0

3 years ago

Department D had materials costs of $10,000 in beginning work in process inventory and added an additional $50,000 in materials

EastWind [94]

Answer:

The correct answer is $3

Explanation:

Cost per equivalent unit = Total costs / EUP for materials = ($50000+ $10000) / 20000 = $3

3 0

3 years ago