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kow [346]
3 years ago
7

Managerial Economics as a specialized branch of EconomicsA. Provide ready-made solutions to business problemsB. Provide logic an

d methodology to find solutions to business problemsC. Provide theoretical background to analyze business problemsD. Provide alternative answers to specific business problems
Business
1 answer:
Y_Kistochka [10]3 years ago
5 0

The correct answer is choice b.

Managerial Economics deals specifically with the application of economic concepts, theories, tools, and methodologies in order to solve practical problems in a business. This definition aligns with choice b, which is to provide logic and methodology to find solutions to business problems.

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The journal entry to record the purchase of equipment for a $140 cash down payment and a balance of $480 due in 30 days would in
Tju [1.3M]

Answer:

Option C. A debit to Equipment for $620, a credit to Cash for $140, and a credit to Accounts Payable for $480.

Explanation:

The reason is that the equipment has been acquired by the business which is worth $620 and this means that the equipment which is asset in nature must be increased by it fair value which is $620. The purchase of equipment requires the payment of $140 at the spot which means that the cash asset will be reduced by $140 and the remainder $480 will be paid in future which means that the current liabilities will be increased by $480.

Increase in Equipment (fixed asset) is debited by $620.

Decrease in Cash (asset) is credited with $140.

Increase in current liability is always credited and in this case must be credited with $480.

Journal entry in nutshell is as under:

Dr Equipment $620

Cr Cash Account          $140

Cr Accounts Payables  $480

7 0
3 years ago
The goal of brand positioning is to explain why one brand is different and better for its target customers, and why the differen
Andrei [34K]

Answer:

True

Explanation:

Brand positioning refers to creating and occupying a place in a prospective customer's mind with respect to a brand. It refers to a brand image created in the minds of prospective customers whenever they think of a brand.

For instance, when a customer thinks of Lacoste, it reminds him of the quality associated with it along with it's French connect.

Brand positioning helps an enterprise distinguish it's own brand from those of the competitors. Also, such an exercise reveals uniqueness of the brand i.e attributes specific of such a brand.

4 0
3 years ago
Assume that the friend in the previous question notified the owner of the office building of the assignment. When the work was c
Cerrena [4.2K]

Answer:

Stop assuming then....hehe haha don't know ur previous ques and too lazy to open it and even too lazy to read it full sorry

8 0
2 years ago
If interest rates on the euro are consistently below U.S. dollar interest rates, then for the International Fisher Equation (IFE
Temka [501]

Answer:

The euro will appreciate against the dollar.

Explanation:

Since in the given situation it is mentioned that the rate of interest is consistently less than the interest rate of US so here in the IFE, the euro normally appreciated or increased as against the dollar

So as per the given option, the above should be the answer and the same should be relevant

Therefore the rest of the options are considered to be wrong

4 0
3 years ago
In a new margin account, a customer buys 300 shares of ABC at $40 per share, 100 shares of the Ajax Mutual Fund at $24, and 10 P
never [62]

Answer: 12400

Explanation:

It should be noted that 50% of the stick value will be paid by the customer and also 100% of the mutual fund shares value will also be paid because they are nonmarginable securities.

Therefore, 50% of $12,000 = $6,000

Total payment required will now be:

= $6,000 + $2,400 + $4,000

= $12,400.

3 0
3 years ago
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