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grin007 [14]
3 years ago
7

Your cousin, who is in his early thirties, owns his own internet marketing company. before starting the internet marketing compa

ny, he ran another internet startup for eight years before selling it. whenever any problems arise with the company, he draws from his wide range of knowledge and experience with similar problems in the past in order to devise an effective solution. what would experts say your cousin has?
Business
1 answer:
Nadya [2.5K]3 years ago
5 0

Answer:

This is an example of expertise

Explanation:

Expertise can be seen with the wide range of knowlege. Expertise can be seen in how the knowlege is applied as well.

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Suppose that the price of a bottle of soda is $1 each. Larry is willingto pay $2 for the first bottle, Alan is willing to pay $1
gayaneshka [121]

Answer:

The answer is: D) $1.75

Explanation:

Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good and the actual price paid for the good.

Larry, Alan and Ryan were all willing to pay more for a bottle of soda than the actual price of the soda.

  • Larry's consumer surplus = $2 - $1 = $1
  • Alan's consumer surplus = $1.50 - $1 = $0.50
  • Ryan's consumer surplus = $1.25 - $1 = $0.25

The total consumer surplus is $1 + $0.50 + $0.25 = $1.75

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3 years ago
Tablet Tailors sells tablet PCs combined with Internet service, which permits the tablet to connect to the Internet anywhere and
Mrac [35]

Answer:

Please find solutions in the attached images

Explanation:

I have attached images of my journal entry solutions to this question as required.

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3 years ago
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3 years ago
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Adams Moving and Storage, a family-owned corporation, declared a property dividend of 1,200 shares of GE common stock that Adams
KATRIN_1 [288]

Answer:

Explanation:

The journal entries are shown below:

1. Loss on Investment A/c Dr $1,800        (1,200 shares × $31 - $39,600)

            To GE shares investment A/c $1,800

(Being the adjustment is recorded)

2. Retained earnings A/c Dr $37,200         (1,200 shares × $31)

           To Property Dividends Payable $37,200

(Being the entry is made on declaration date)

3. Property Dividends Payable A/c $37,200

             To GE shares investment A/c $37,200

(Being the entry is made on payment date)

4 0
3 years ago
Wildhorse Co. entered into these transactions during May 2017, its first month of operations. 1. Stockholders invested $31,500 i
ANEK [815]

Answer:

Kindly refer to the attached file for the tabular solution

Explanation:

Every transaction flows through the balance sheet and most times the stockholders equity.

This table carefully highlights the impact of each entry to the stockholders equity

?

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3 years ago
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