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VMariaS [17]
4 years ago
10

The CEO of Otis Elevators says they measure elevator populations in countries as units installed per thousand people. According

to this, China is about one-half an elevator per thousand people. T/F
Business
1 answer:
svetoff [14.1K]4 years ago
8 0

Answer:

True.

Explanation:

The given statement is true. Otis Elevators is worlds largest elevator company. It measures elevator populations in the countries in which they install their unit. The population is measure as each unit installed per thousand people. Therefore China is one-half an elevator per thousand people.

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In the Month of March, Digby Corporation received orders of 128 units at a price of $15.00 for their product Daze. Digby uses th
Montano1993 [528]

Answer:

$1,290

Explanation:

The revenue to be recognized in march is dependent on if the revenue recognition criteria was met in march. These criteria are

  • the cost of goods delivered or service rendered can be measured reliably
  • good/services were delivered/rendered in the month

This is irrespective of whether cash was collected or not under the accrual method.

Given that Digby delivers 86 units in March at a price of $15.00, revenue to be recognized

= 86 * $15

= $1,290

6 0
3 years ago
As you know, the United States has consistently run a trade deficit for the past forty years. In which quarter(s), did the trade
s2008m [1.1K]

Answer:

The United States has consistently run a trade deficit for the past forty years and the trade deficit fall is explained below in details.

Explanation:

The United States commerce deficit fell for the initial time in six ages in 2019 as President Donald Trump pounded China with import expenses. The Commerce Department said Monday that the hole among what the United States trades and what it purchases abroad dropped 1.8% last year to $626.9 billion.

4 0
3 years ago
Place the steps of the marketing research approach in the correct order. (Note: the first step should be the top item on your li
gregori [183]

Answer:

Choice 5 of 5. Define the problem

Choice 1 of 5. Develop a research plan

Choice 2 of 5. Collect relevant information

Choice 3 of 5. Develop findings

Choice 4 of 5. Take marketing actions

Explanation:

The steps of the marketing research approach includes

Step 1: Defining the problem

Step 2: Construction of the ideologies from which the problem is approached

Step 3: Formulation of research designs through which data and information are collected

Step 4: The collection and analysis

Step 5: Presentation of report and take marketing action

Therefore, the correct order from the given options are;

Choice 5 of 5. Define the problem

At this stage, the problem that is the basis for the research is clearly defined, including the background information, the purpose of the research,  and the information that could be useful in decision making

Choice 1 of 5. Develop a research plan

The blueprint or outline of how the research is to be conducted

Choice 2 of 5. Collect relevant information

The fieldwork in collection of data from the listed sources in the research blueprint

Choice 3 of 5. Develop findings

The findings are analyzed to derive the actionable research results

Choice 4 of 5. Take marketing actions

The implementation of the made decision

3 0
3 years ago
Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The m
Mekhanik [1.2K]

Answer: 10%

Explanation:

You can use Excel to solve for this.

The investment will be in negative as shown below.

Input the increase in net annual cash flows 7 times to represent 7 years.

IRR = 9.9999%

= 10%

5 0
3 years ago
You are the mayor of a town with 20,000 residents. Your economic development agency recently conducted a survey in which the 20,
mars1129 [50]

Answer:

b

Explanation:

The total benefit from building the library = 20.000 x $40 = $800,000

The total benefits exceeds the cost of building the library, so the library should be built.

Since all the residents would benefit from the library, all the residents should pay for the library. Thus, all residents should be taxed .

7 0
4 years ago
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