Answer:
Demand, to the right.
Explanation:
Because productivity has increased, and (or) the demand for final products has increased as well, workers are both more desired because they are more productive, and more needed because more final products need to be made.
This will shift the labor demand curve to the right because demand for labor will rise.
As a strategy, market penetration is used when the business seeks to increase sales growth of its existing products or services to its existing markets in order to gain a higher market share.
Answer:
$392,400
Explanation:
The computation of correct balance for ending inventory on December 31 is shown below:-
Correct balance for ending inventory = Ending inventory – Office supplies
= $416,000 - $23,600
= $392,400
Therefore for computing the correct balance for ending inventory we simply deduct the office supplies from ending inventory and ignore all other amounts as they are not relevant.
Answer:
15.26%
Explanation:
The computation of the return on equity is shown below;
We know that
Profit margin = Net income ÷Sales
So,
Net income = ($807,200 × 6.68%)
= $53,920.96
Now
Debt ratio = debt ÷ Total assets
Debt = (0.54 × $768,100)
= $414,774
We know that
Total assets = debt + equity
equity = ($768,100 - $414,774)
= $353,326
Finally
ROE = Net income ÷ equity
=$53,920.96 ÷ $353,326
=15.26%
Answer:
Shill bidding
Explanation:
Shill bidding occurs when a seller takes on various digital identities by opening up several email accounts and bids on his or her own items multiple times to prompt genuine bidders to provide a much higher bid for an item than they would have done otherwise
