These are four points from a presentation on the Great Depression:

Healthy competition among businesses is good for consumers.<br><br> True or False

Ludmilka [50]

I say true because it seems like most likely answer.

5 0

3 years ago

According to the five forces of the Porter's model, the organization of an industry can be analyzed in terms of its structure, c

Rudik [331]

Answer:

The five forces in an industry, among which are the negotiation power with suppliers, the negotiation power with customers, the relationship with substitute products and competition in the market rivalry between companies. At the level of structure, function and performance we can say that the environment can be analyzed in the following way, for example, structure, we can know how the market is composed, how many competitors we have, many opportunities we have within the existing market, if substitute products They have the same structure as us. The size of the company that can compete with us in the level of performance that you can see in your competitors or rivals from an economic point of view, that is, high income generates the company and if we are at a competitive advantage or disadvantage.

3 0

3 years ago

On April 1, Garcia Publishing Company received $2,448 from Otisco, Inc. for 36-month subscriptions to several different magazine

topjm [15]

Answer:

the amount of revenue recorded for the first year is $612

Explanation:

The computation of the amount of revenue recorded for the first year is shown below:

= Amount received × given months ÷ total number of months

= $2,448 × 9 months ÷ 36 months

= $612

The 9 months are considered from April 1 To December 31

hence, the amount of revenue recorded for the first year is $612

7 0

3 years ago

Whispering Corporation has retained earnings of $715,700 at January 1, 2020. Net income during 2020 was $1,567,700, and cash div

Setler79 [48]

Answer:

$2,288,740

Explanation:

Preparation of a retained earnings statement for the year ended December 31, 2020

RETAINED EARNINGS STATEMENT

For the Year Ended December 31, 2020

Retained earnings, January 1, as reported $715,700

Correction for overstatement of expenses in

prior period (net of tax) $88,840

Retained earnings, January 1, as adjusted $804,540

($715,700+$88,840)

Add Net income $1,567,700

Less Cash dividends ($83,500)

Retained earnings, December 31 $2,288,740

($804,540+$1,567,700-$83,500)

Therefore retained earnings statement for the year ended December 31, 2020 will be $2,288,740

7 0

3 years ago

O.J. Juice Company sells bags of oranges and cartons of orange juice. O.J. grades oranges on a scale of 1 (poor) to 10 (excellen

siniylev [52]

Answer:

max z = $0.3x_{1} + 0.45x_{2} + 0.3y_{1} + 0.45y_{2}$

Constraints

$x_{1} + x_{2} \leq 100,000$ (Grade 9 oranges)

$y_{1} + y_{2} \leq 120,000$ (Grade 6 oranges)

$2x_{1} - y_{1} \geq 0$ (Avg oranges in bags)

$x_{2} - 2y_{2} \geq 0$ (Avg oranges in juice)

$x_{1}\geq 0, x_{2} \geq 0, y_{1}\geq 0, y_{2} \geq 0$

Explanation:

Let the variables used be x and y

x representing oranges of grade 9

y representing oranges of grade 6

Now, let $x_{1}$ be the oranges used in each bag in lbs, and $x_{2}$ be oranges used in juice of grade 9 each.

Similarly let $y_{1}$ will represent oranges of grade 6 in bags, and $y_{2}$ will represent oranges in juice of grade 6

Now total oranges sold in bags

= $x_{1}$ + $y_{1}$

And their revenue in $ = 0.5 revenue - 0.2 expense = 0.3

Total profit from bag shall be

0.3 ( $x_{1} + y_{1}$ ) = 0.3 $x_{1}$ + 0.3 $y_{1}$

Similarly total oranges in juice shall be

= $x_{2} + y_{2}$

Profit shall be

$1.50 - $1.05 = $0.45

Total profit from juice shall be

$0.45 ( $x_{1} + y_{1}$ ) = $0.45 x_{2} + 0.45 y_{2}$

Profit shall maximise as

z = $0.3x_{1} + 0.45x_{2} + 0.3y_{1} + 0.45y_{2}$

Further constraint 1 shall be

Total amount of grade 9 oranges used shall be max 100,000 lb

$x_{1} + x_{2} \leq 100,000$

Constraint 2

Total amount of grade 6 oranges used shall be max 120,000 lb

$y_{1} + y_{2} \leq 120,000$

Constraint 3

Average quality of oranges sold in bag shall be 7

$\frac{9x_{1} + 6y_{1} }{x_{1} + y_{1} } \geq 7$

Accordingly,

$9x_{1} + 6y_{1} \geq 7x_{1} + 7y_{1}$

Simplifying:

$2x_{1} - y_{1} \geq 0$

Constraint 4

Average quality of oranges sold as juice shall be 8

$\frac{9x_{2} + 6y_{2} }{x_{2} + y_{2} } \geq 8$

Accordingly,

$9x_{2} + 6y_{2} \geq 8x_{2} + 8y_{2}$

Simplifying:

$x_{2} - 2y_{2} \geq 0$

Constraints shall be

$x_{1}\geq 0\\x_{2} \geq 0\\y_{1}\geq 0\\y_{2} \geq 0$

5 0

3 years ago