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damaskus [11]
3 years ago
15

Please help!!! I need help ASAP!

Business
1 answer:
34kurt3 years ago
5 0
Hi!

 The answer to your question should be B. Pays the difference of the current value to the amount you owe.
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Which of the following phrases effectively describes a business’s income statement
irina [24]

Answer:

Financial picture

Explanation:

The phrases is suitable because An income statement will give a general picture for stakeholders regarding the company's financial condition in the past year.

it consist of several important financial information that might influence investors to either  put their money into the businesses or simply abandoned it. Such as how much income that the company able to generate, the amount of expenses that the company have to pay for the operation, how much of the income is liquid, etc.

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3 years ago
Premo Pens, Inc. is in the process of developing a new pen to replace its existing top-of-line Executive Model. Market research
oee [108]

Answer:

c. $24.00

Explanation:

The computation of the target cost is shown below:

Target cost = Selling price - (Selling price × profit margin)

where,  

Selling price = $30

And, the profit margin is 20%

So, the target cost is  

= $30 - ($30 × 20%)

= $30 - $6

= $24

Basically, by using the above formula, we can find out the target cost after considering the selling price and the profit margin

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3 years ago
Some critics argue that socializing online is unhealthy because:
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C.
The main criticism is that the internet takes away from real life interaction.
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3 years ago
Read 2 more answers
According to Michael Porter, a firm practicing a niche strategy:
Maslowich

Answer:

b. Dominates a particular target market although its overall market share may be low.

Explanation:

  • A niche strategy of the porter was to come with the product that fills the market segment and is characterized by the narrow specialization of the services focusing on a specific need.
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3 years ago
A company has a Deferred Tax Liability of $35,000. Now, the government has just changed the statutory tax rate from 35% to 30% e
Ivanshal [37]

Answer and Explanation:

The correct journal entry to record the impact of this tax rate change is shown Below:

Income Tax Expense $5,000

     To Deferred Tax Assets $5,000

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here the income tax expense is debited as it increased the expense and credited the deferred tax assets

So, the same should be considered

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3 years ago
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