Answer:
b. Prestopino had negative net income in the current year
Explanation:
Retained earnings at the end of previous year were $700,000, but retained earnings at the end of current year had declined to $320,000.
• The company does not pay dividends.
• The company's depreciation expense is its only non-cash expense; it has no amortization charges.
• The company has no non-cash revenues.
• The company's net cash flow (NCF) for current year was $150,000.
On the basis of this information, which of the following statements is CORRECT? Prestopino had negative net income in the current year
Prestopino DECPRECIATION expense in the current year was less than $150,000 and Prestopino had postive net income in the currnet year however, this income was less than it was in the previous year income.
Prestopino NCF in the current year must be higher than its NCF in the previous year and it cash on the balance at the end of the year must be lower than the cash it had on the balance sheet at the end of previous year
The commodity is an inferior good.
An inferior good is one for which the quantity demanded decreases when the income of the consumer increases, or one for which the quantity demanded increases when the income of the consumer decreases. In contrast, a normal good is one for which the demand increases when the consumer's income increases.
Answer:
analyzer
Explanation:
This strategy is used by companies wishing to gain market share. It is a moderate aggressive strategy, as it presents low aggregate risks, and innovation is not a very relevant factor in companies that use the analyzer strategy. Companies seek to provide a production of goods already in the market, with modifications and differentiations.
Answer:
He should offer solution and gain agreement that the proposed solution is acceptable.
Explanation:
Achieving customer satisfaction is essential for any Company to be a successful entity. Anton is one of the representatives of Company and hence he needs to present the Company in good light before the customers. One of the ways of doing this is to pay attention to their grievances with the attempt to solve and redress the same as Anton should do in the above manner.
The innermost bay of the Yellow Sea is called the Bohai Sea (previously Pechihli Bay or Chihli Bay). Into it flow both the Yellow River (through Shandong province and its capital Jinan) and Hai He (through Beijing and Tianjin). Deposits of sand and silt from those rivers contribute to the sea colour.
The northern extension of the Yellow Sea is called the Korea Bay.
The Yellow Sea is one of four seas named after common colour terms — the others being the Black Sea, the Red Sea and the White Sea.
