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Anit [1.1K]
3 years ago
5

What role does competition play in international trade? It results in higher prices. It discourages imports. It drives down pric

es for consumers. It does away with the need for investment
Business
1 answer:
stepan [7]3 years ago
5 0

Answer:

It drives down prices for consumers.

Explanation:

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Goods that are normally consumed together, like peanut butter and jelly, are what kind of goods?select one of the options below
BigorU [14]
<span>The answer is a. complementary </span>
5 0
3 years ago
The following information was available for the year ended December 31, 2019: Net sales $ 894,250 Cost of goods sold 616,850 Ave
iogann1982 [59]

Answer:

Explanation:

Net sales - $894,250

Cost of Goods - $ 616850

Average account receivable - $40,650

Account receivable at year end - $28200

Average inventory - $182000

Inventory at year end - $158,000

Inventory turn over

Cost of Goods sold / Average inventory for the period

616850/182000= 3.40 times

No of days sales in inventory = Ending inventory / Cost of Goods sold *365

158000/616850*365 = 93.5 days

Account receivable turnover = net credit sale / average receivable

894250/40650=21.9

No of days sales in account receivable -

Receivable at year end/total credit sales*365

28200/894250*365= 11.5 days

7 0
3 years ago
Identify the guideline that should be followed by a supervisor to discourage unions.
Mekhanik [1.2K]

<span>A supervisor can take many steps when it comes to handling unions within the company. First that should be taken into consideration is, the supervisor’s communication to his/ her people. The people should know that the supervisor is always available when they need to talk about the policies of the company and why there is no necessity to have a third party. The employees should also have the knowledge on what is going on inside the business. They should always be informed about the standing of the company in the market.  Another is, there should also be an outlet where the employees can air out their concerns thus the supervisor should also provide these outlets.  Another concern that should be addressed properly is the fairness of the pay. This means that the principle of paying the employees must be put into mind; this is that they are paid according to the work that they do and second is let the employee know that they are paid fairly. Do this by market surveying the wages every year. Be honest to the employees by letting them know the economic standing of the company. They will surely understand the situation. The company must also remember the employees who stood by them during the hard times by giving them fair returns when the company is already in a good standing.  Next is, when you see that an employee is making good performance, companies must also do their responsibility by acknowledging the efforts and giving incentives for their good performance. </span>

6 0
3 years ago
Product V72 sells for $20 per unit as is, but if enhanced it can be sold for $25 per unit. The enhancement process will cost $52
Furkat [3]

Answer:

It will incur an Opportunity cost of $8,000.

Explanation:

It will incur the opportunity cost of $8000 because the additional unit produces by the company then the additional revenue that is generated will be equal to the amount (25 - 20) x 12,000 = 60,000. Since the additional cost, that incurs for the production of 12000 units is 52000. Therefore the profit earned is $8000.

So if the company does not produce it then it will lose the profit of $8000.

3 0
3 years ago
Which of the following is an example of a variable cost?
kifflom [539]

Answer:

Utilities

Explanation:

Variable costs are expenses that vary proportionately with the changes in production level. Should production level rise, variable costs increases. Variable costs form the majority of the direct cost of production.

Unlike fixed costs, the monthly bill for variable costs will keep fluctuating. In this scenario, utilities represent the variable cost. Expenses on electricity, water and other consumables will vary from time to time. With a high level of production, consumption of power and water will be high.  

Rent and insurance cost will remain the same regardless of production level. A professional fee is an overhead expense. It is not an input in the production process.

8 0
3 years ago
Read 2 more answers
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