Answer:
A contractual marketing system
Explanation:
Java Jane's most likely adopted a contractual marketing system.The contractual system is a vertical marketing system in which all the companies involved tend to work independently as individual entities. Regardless of working independently, they also work together to achieve greater goals and efficiencies.
They are also known as value-added partnerships since they work hand in hand to create value for other entities that are involved
<span>A hung jury is one whose members are irreconcilably divided.
In hung jury the members are </span>irreconcilably divided in their opinions that they cannot reach a verdict (a formal decision that was made by the jury) or we can say that they can't concur upon a decision after stretched out thought and can't achieve the required unanimity or super-majority, hung jury is also known as deadlocked jury.
Answer: Option (A) is correct.
Explanation:
Correct Option: Normal profits because economic profits will attract new firms and there are no entry restrictions.
In a monopolistically competitive market, firms will earn an economic profit in the short run, so new firms attracted with these profits and decided to enter into the market in the long run.
There is no barriers on entry and exit of the firms in the monopolistically competitive market. When new firms enters into the market, as a result supply of differentiated products increases.
This causes the firm's market demand curve to shift leftwards. It will continue shifting to the left in the firm market demand curve till the point where it is nearly tangent to the average total cost curve.
At this point, firms earns zero normal profit and can earn normal profits in the long run same as a perfectly competitive firm.
Answer:
$110,000
Explanation:
The closing balance in the finished goods inventory account is a function of the opening balance and the net movement that occurred during the year.
As such, the closing balance
= opening balance + purchases/production - sales
Given;
opening balance = $185,000
purchases/production = $550,000
sales = $625,000
Therefore,
closing balance in the finished goods = $185,000 + $550,000 - $625,000
= $110,000
Answer:
12,552 shares
Explanation:
Data provided:
Initial outstanding shares of the firm = 16,000 shares
Value of each share = $14.50
Debt issued = $50,000
Now,
the number of shares used for issuing for $50,000 debt
= Debt issued / value of each share
on substituting the respective values, we have
the number of shares used for issuing for $50,000 debt
= $50,000 / $14.50
= 3448.27 ≈ 3448 shares
Now,
The shares of stock that are outstanding once the debt is issued =
= Initial outstanding shares - shares used for issuing for $50,000 debt
= 16,000 - 3448
= 12,552 shares
