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3 years ago

If competition decreases in a certain industry

1 answer:

3 0

Option "b" is correct. It is because that any industry without competition always move towards its fatal destruction. The quality of items being produced in such industry degraded with passage of time. So in this case, the the company that belongs to such an industry has to utilize its economic power for its own survival and in the favor of the remaining industry.

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If the returns on a stock index can be characterized by a normal distribution with mean 12% and standard deviation of 3%, the pr

harkovskaia [24]

Come on, way too easy. 67.

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4 years ago

A transaction is initially recorded in the journal, and then subsequently posted to the general.

Sergio039 [100]

A transaction is initially recorded in the journal, and then subsequently posted to the general ledger

This is further explained below.

<h3>What is a ledger?</h3>

Generally, A book or group of accounts in which transactions pertaining to those accounts are documented is referred to as a ledger.

Each account has a carry-forward balance or a starting balance, and it would record each transaction as either a debit or a credit in distinct columns, as well as the account's ending or closing amount.

In conclusion, When a transaction occurs, it is first written down in the journal, and then it is later entered into the general ledger.

Read more about ledger

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5 0

2 years ago

Traxx is a newly emerging shoe manufacturing company. After extensive market research, Traxx divides its market into professiona

postnew [5]

Answer:

<em>Segmentation</em>

Explanation:

Market segmentation <em>is the method of separating into factions or parts a market of potential customers based on the various features.</em>

The divisions produced are made up of customers who react to marketing campaigns in a similar manner and share characteristics such as similar tastes, preferences, or locations.

7 0

4 years ago

The following information relates to the Fowler Company for 2014: Beginning accounts receivable 5,000 Credit Sales 40,000 Ending

Komok [63]

Answer:

$38,000

Explanation:

The amount of cash collections would be computed as;

Cash collections = Beginning accounts receivable + Credit sales - Ending accounts receivable

Where;

Beginning accounts receivable = $5,000

Credit sales = $40,000

Ending accounts receivable = $7,000

Therefore,

Cash collections = [($5,000 + $40,000) - $7,000]

Cash collections = $38,000

7 0

3 years ago

Stock Investment Transactions On September 12, 3,600 shares of Aspen Company are acquired at a price of $45.00 per share plus a

Komok [63]

Answer and Explanation:

According to the scenario, journal entries for the given data are as follows:

Journal Entries

Sep. 12 Stock investment in Aspen company A/c Dr. $162,180 (3,600×$45)+$180

To Cash A/c $162,180

( Being purchase is recorded)

Oct. 15 Cash A/c Dr. $4320 (3,600×$1.2)

To Revenue from dividend A/c $4320

( Being dividend revenue is recorded )

Nov. 10 Cash A/c Dr. $54,648 (1,440×$38)-$72

Loss due to sale of investment A/c Dr. $10,224 ($64,872 - $54,648)

To Investment in Aspen company investment A/c $64,872 (1,440× $45)+$72

( Being sale is recorded)

6 0

3 years ago