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2 years ago

The ________ is where quantity demanded and quantity supplied are equal at a certain price.

1 answer:

6 0

The answer to this question is Equilibrium price
The equilibrium price most commonly indicate the price level where both sellers and buyers feel satisfied.
In this level, the buyers will get the maximum value from the products while the sellers still maintaining a sustainable level of profit to continue their business.

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Kline Corp. recognizes revenue over time to account for long-term contracts. The contract price is $5 million, total constructio

timurjin [86]

Explanation:

The journal entry is shown below:

Contract price Dr $500,000

Cost of construction $1.5 million

To Revenue $2 million

(Being the revenue for the year 1 is recorded)

For recording this transaction we debited the contract price and cont of construction while credited the revenues account so that the proper posting could be done

7 0

2 years ago

Organizations use ________ to identify where their process expectations differ from sap capabilities. select one:

Dvinal [7]

Organizations use gap analysis to identify where their process expectations differ from sap capabilities.

A gap analysis allows a company to compare how they performed against what level of performance they would like to be at. This allows the company to see how close they are at achieving their goal and gives them a way to work on what they need to get there.

4 0

3 years ago

The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative i

Vikentia [17]

Answer:

Differential cost

Explanation:

Differential cost is defined as variance in cost that will be incurred between two courses of action. This is used to evaluate the best option of two investments under consideration.

The option that has more revenue will have less cost. So differential cost calculation is used to determine line of action that will bring least cost.

For example if one alternative action will entail use of a warehouse of $30,000, and the alternative is to use just in time inventory practice thereby requiring $10,000 in storage cost.

The best option is the just in time option

7 0

2 years ago

What do you think makes an engaging public speaker? Explain your answer. in 4-5 sentences.

yanalaym [24]

Answer:

For example without public goods, we wouldn't have schools, parks, or rec centers, to name a few examples.

Explanation:

Hope you have a great day :)

3 0

2 years ago

Read 2 more answers

You are the owner of a smoothie shop in California. Afterhearing a podcast about customer relationship management (CRM), youdeci

Svetach [21]

Answer:

Average Customer Retention rate = 80%

Average Value of Sales per year per customer = $120

Average customer acquisition cost = Customer acquisition oriented market expenses per month/

number of new customers acquired per month

$=\frac{1000}{25} = 40$

Average customer retention cost = $75

CLV =[1/(1- Average customer retention rate)] x (average value of sales per year per customer)-(average customer acquisition cost + average customer retention cost)

$= [1/(1-0.8)] x 120-(40+75)$

=$485

A) Average customer retention rate =90%

B) Average value of sales per year per customer = $125

C) Average customer acquisition cost =$60

D) Average customer retention cost =$100

CLV = [1/(1- Average customer retention rate)] x (average value of sales per year per customer)-(average customer acquisition cost + average customer retention cost)

$= [1/(1-0.9)] x 125 - (60+100)$

E) Customer Lifetime Value = 1090

Explanation:

Here are the spreadsheets.

3 0

2 years ago