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3 years ago

1. When processing cash payments, the cashier accepts the check and cash payment from the

Business

1 answer:

Tasya [4]3 years ago

8 0

Answer:

That statement is true.

Explanation:

Most companies require this type of procedures to ensure that the employees wouldn't scam the customers during the transaction process.

Restating the total and the total changes allow the guests to conduct a self-calculation for the purchase, ensuring whether the price is suitable to the price tag that provided on the counter. This prevent the employees from giving a higher price to the customers and taking the additional amount for themselves.

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If abc company earned $280,000 in net income and paid cash dividends of $40,000, what are abc's earnings per share if it has 80,

Nadya [2.5K]

To find earnings per share, simply divide the company's net income by the number of shares that are outstanding. In this case, the values are $280,000/80,000. This gives a value of $3.50 for the earnings per share outstanding. Dividends, in this case, are not necessary for the calculation.

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3 years ago

As long as a market is contestable, then even if it has only a few sellers, the Group of answer choices threat of new entrants w

Irina18 [472]

Answer: threat of new entrants will prevent the prices from rising above the competitive level.

Explanation:

A contestable market has competition such that sellers cannot unilaterally decide to sell at a certain price. They have to sell at a competitive price that is set by the market to ensure that goods are allocated efficiently.

If the prices attempt to rise above this competitive level, new sellers will enter the market so as to make a profit which would have the effect of driving the price back down to where it was and even lower if even more sellers come in. The price is therefore maintained to ensure that this does not happen.

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3 years ago

Omega, Inc. is considering international expansion and wants to know if it is likely to command a high price for its fitness pro

baherus [9]

Answer: Option C

Explanation:

International expansion is a strategy where the organizations enter into global markets for the benefit of making quick profits and business development in new segments. Omega Inc can fix higher prices when their products provide a greater value to the customers in that foreign market.

In the other given situations the company cannot fix a higher price for the fitness products in foreign market. Other situations given are easily available products, low expected sales volume and low price of the competitors.

7 0

3 years ago

econ One year a country has negative net exports. The next year it still has negative net exports and imports have risen more th

Vesnalui [34]

Answer:

its trade deficit rose

Explanation:

Trade deficit occurs when the imports of a country are higher than the exports. It is called the trade deficit. It means the country is importing more value of goods from other countries and exporting less. When Imports grows higher than the growth in exports, the trade deficit eventually rises.

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3 years ago

Richard has $652 in his account and is planning a road trip. He looks at how expensive hotels and sightseeing costs are in certa

Cloud [144]

Answer:

The answer is: Detroit $196.87

Explanation:

We first must add the cost of visiting the five cities:

Detroit $196.87

Pittsburgh $180.32

St. Paul $102.87

Cincinnati $155.81

Richmond $211.86

Total cost $847.73

Then we find what is the difference between the total cost and the road trip budget: $847.73 - $652 = $195.73

The cheapest city that Richard can drop is Detroit, by doing so his total expenses will be $650.86, which is below his budget.

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3 years ago

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