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musickatia [10]
3 years ago
8

you have a business that is dependent on gas. the price of oil increases significantly. as a result, you will... the price of yo

ur product
Business
1 answer:
Semenov [28]3 years ago
5 0
Increase the price to make more money to be able to afford oil.
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Charging high prices to earn large profits during a time when there is little competitionrepresents a ________ strategy:________
Usimov [2.4K]

Answer:

Skimming

Explanation:

Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.

Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.

6 0
3 years ago
Read 2 more answers
If the free cash flow is $60,000, sales are $200,000, and net income is $100,000, the ratio of free cash flow to sales is a.30%.
Darina [25.2K]

Answer:

30%

Explanation:

The ratio of free cash flow to sales can be calculated by dividing the free cash flow by the sales amount as follows:

Ratio of free cash flow to sales = $60,000 ÷ $200,000 = 0.30, or 30%.

Therefore, the  ratio of free cash flow to sales is 30%.

6 0
3 years ago
Taylor organizes and manages all his files and folders logically. How does this activity help Taylor in his daily work environme
Morgarella [4.7K]

Answer: improves efficiency for Taylor at work

Explanation:

Taylor's ability to manage all his files and folders logically helps him to be efficient in his work place. He is able to track every event, plan his day and knows what to do when either things are going well or not, and how to follow every detail of his business.

8 0
3 years ago
Schedule M–1 of Form 1120 is used to reconcile financial accounting net income with taxable income reported on the corporation’s
crimeas [40]

Answer:

Explanation:

The following items were deducted and added in the Schedule M–1 reconciliation

Additions:

C. Federal income tax per books.

D. Capital loss in excess of capital gain.

F. Premiums paid on life insurance policies covering executives (corporation is beneficiary).

Subtractions:

A. Life insurance proceeds received upon death of covered executive.

B. Tax depreciation in excess of book depreciation.

E. Charitable contributions in excess of taxable income limitation.

G. Domestic production activities deduction.

7 0
4 years ago
Marginal cost ______(A) Is the change in total output from hiring one more factor of production.(B) Is the change in total cost
cupoosta [38]

Answer:

(B) Is the change in total cost from producing one additional unit of output

Explanation:

Marginal cost is the change in the total cost of production as a result of increasing the quantity produced by one unit.

Diminishing returns causes marginal cost to increase.

Marginal product of labor (MPL) is the change in output as a result of hiring one more unit of labour.

7 0
3 years ago
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