Answer:
The amount to be reported as the cost of the land is $ 114,200
Explanation:
Cash paid for the land = $ 98,000
Net cost of demolishing old ware house = $ 11,000 - $ 3,100 = $ 7,900
Attorney's fee = $2,000
Real estate broker's fee = $ 6,300
Total cost of the land = Cash paid for the land + Net cost of demolishing old ware house + Attorney's fee + Real estate broker's fee
= $98,000 + $ 7,900 + $2,000 + $ 6,300
= $ 114,200
Answer:Q1. Is Summit software is gazelle? Support your answer.
Ans. .Gazelle define as a gazelle company is a high-growth company that has been increasing its revenues by at least 20% annually for four years or more, starting from a revenue base of at least $1 million. Yes from this definition, we can say that this software is gazelle.
Q2.What problems may Jim face by owning such a fast-growing business?
Ans. Faces problems that the As the business grows rapidly, there would be more expectations from the customers. They would expect for change and more innovation in their products. Mr. JM has only three employees and they are burdened with heavy load of work.
The competition arises between firms. Some might be healthy and some might be unhealthy. Unhealthy competition may lead Mr. JM to go in a wrong path.
Q3. Are gazelle more important to the economy that traditional growth business?why or why not?
Ans. Gazelles are vital for the growth of the economy as the country is being benefitted by the profit received by gazelles. Gazelles grow rapidly and hence the economy of the country grows rapidly. Traditional growths in businesses are very slow but they also bring steady profit for the country at a lower and standard level.
Explanation:
Manufacturers and governmental organizations are included in the b2b market.
<h3>What does "B2B marketing" mean?</h3>
Marketing to businesses: Business-to-business marketing, as its name suggests, refers to the promotion of goods and services to other corporations and enterprises. It differs significantly from B2C marketing, which is focused on customers, in a number of important ways.
It refers to any marketing tactic or piece of material used by one company to promote to and sell to another company. For instance, B2B marketing is frequently used by businesses that sell goods, services, or SaaS to other businesses or organizations. The LinkedIn B2B brand strategy for Monday.com is a fantastic illustration of B2B marketing.
Business-to-business marketing is referred to as B2B marketing. In contrast to B2C (business-to-consumer) marketing, this type of advertising involves the producer generating demand among other companies and organizations. B2B marketers target groups of customers at ideal accounts rather than single consumers.
To learn more about b2b market, refer to:
brainly.com/question/27247468
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Answer:
The correct answer is option C and D.
Explanation:
A perfectly competitive firm has a large number of buyers and sellers. These sellers produce homogenous products. There is no restriction on entry and exit in the market. The firms are price takers.
The market for electricity is not a competitive market because there are few sellers in the market and there is difficulty in entry and exit because of the high cost involved.
Answer:
The correct option is B
Explanation:
A pure competition is describes as a market which has a wider range of competitors, those are selling the same kind of products.
A purely competitive market involves or comprise of the large or huge numbers of the firms who are making the standardized product, the market prices are determined by the demand of consumer.
In this case, MR is equal to MC, TVC is $550, Total revenue is $250 and TFC is $250. So, the firm have a scope for producing as it could still cover the total cost.
