Answer:
Leave the price alone. Although it may lack some of the features that competitors’ models have, the Boss brand is well-recognized and well-respected in the market
Explanation:
You chose to lower the price to $359.That was the best choice.During the maturity stage of the product life cycle, increased competition eventually forces price cutting, and market share leadership may outweigh profit as a pricing objective, so this is a good option. However, it would take some research to determine whether the company can still make a profit at this price.
Answer:
Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.
Explanation:
Answer:
Economic costs include both explicit costs and implicit costs.
Explanation:
- In economics, costs can be in the form of explicit and implicit as implicit costs are opportunity costs and are opportunities for engaging in business. While the explicit costs are accounting costs which are involved in the production of raw matter, wages etc.
Answer:
The cash flows from operating activities for 2018 is $99,000.
Explanation:
Westfall Industries
Statement of cash flows (extract)
Net income $81,000
Add Loss on the sale of land 4,000
Depreciation expense 8,000
Decrease in current asset 2,000
Increase in current liabilities 4,000
Cash flows from operating activities $99,000
- Decrease in current assets was arrived at by comparing the closing balance of $48,000 to the opening balance of $50,000.
- Increase in current liabilities was arrived at by comparing the closing balance of $40,000 to the opening balance of $36,000.
Based on the time it takes Leo when he uses two machines, the length of time it will take if the large copier is broken is <u>75 minutes. </u>
<h3>How long will it take if the large copier is broken?</h3><h3 />
This can be found by the formula:
= 1 / ( (1 / time taken with both copiers) - (1 / time taken with large copier) )
Solving gives:
= 1 / ( ( 1 / 30) - (1 / 50))
= 1 / (1 / 75)
= 75 minutes
Find out more on budget reports at brainly.com/question/25812320.
