Answer:
The options for this question are the following:
A. predatory pricing.
B. a price war.
C. price leadership.
D. producer sovereignty.
The correct answer is C. price leadership.
Explanation:
A company has price leadership when establishing the price of the products of its industry and other companies, often much lower than the leader, always with adjustments. This generally happens when the products do not present large differences nor is there sufficient demand for each of the competitors to remain profitable after the price change. Economists have identified three types of price leadership.
Answer:
What the accounting equation tells us is that everything that a firm owns, it acutally either owes it to the owners of the firm, or to creditors.
Explanation:
This is why the accounting equation is represented as:
Assets = Liabilities + Stockholders' Equity
Where Assets represent what the firm owns, liabilities is what the firm owes to creditors, and Stockholders' Equity (or Owners' Equity) is what the firm owes to the owners.
Answer:
$5,793.40
Explanation:
The amount you invest is called the Principle Value (PV). Therefore the question requires us to determine the Principle Amount that will pay you a lump sum of $30,000 25 years from today.
<em>FV = $30,000</em>
<em>N = 25</em>
<em>PMT = ($1,000)</em>
<em>P/Yr = 1</em>
<em>I = 6 %</em>
<em>PV = ?</em>
Using a Financial Calculator to input the values as shown above, the Principle Value (PV) is calculated as $5,793.40.
Therefore, you will be willing to invest $5,793.40 today to have this investment in your portfolio
Answer:
Bad debt expense (Dr.) $68,930
Allowance for Doubtful Debt (Cr.) $68,930
Explanation:
Accounts Receivable :
Balance $948,000
Add: Sales $3,609,930
Less: Sales returns $51,000
Less: Collections $2,756,000
Less: Write offs $97,000
Add: Recovery of old Bad debts $28,000
Adjusted Balance $1,653,930
Bad Debts :
Balance $78,000
Less: Allowance for doubtful debts $97,000
Less: Recovery $28,000
Adjusted Balance $9,000
Answer:
The correct Ending Balance = $ 390300
Explanation:
Ending Balance of inventory = $ 412500
Less Office Supplies = $22,200
The correct Ending Balance = $ 390300
Goods already cosigned are the consignor's inventory unless they are sold. They are not included in the consignee's inventory. So they will be included in the ending inventory.The office Supplies are not the inventory goods. They are daily expense goods and are not included in the inventory.
