Hi i"m new i'm Niyah know as Ken'Niyah

Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger sc

nadya68 [22]

Answer:

<u>fostering competition</u>

Explanation:

By deciding to focus on a particular niche these smaller firms in effect foster competitions among other larger firms.

For example, if in a market for shoes, a small firm A, that is newly established decides to focus only on selling shoes for children after recognizing they cannot match up with an existing larger company B that sells a variety of shoes (both children and adult shoes). At a point in time when a number of small businesses are operating in this manner, the larger companies would recognize and account for their influence on the market.

3 0

2 years ago

Wright Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs. The carrying va

Nady [450]

Answer:

the total amount owed to general unsecured creditors is $71,000

Explanation:

The computation of the total amount owed to general unsecured creditors is shown below:

= Account payable + wages payable + taxes payable + interest on note payable + interest on bond payable

= $40,000 + $6,000 + $12,000 + $5,000 + $8,000

= $71,000

hence, the total amount owed to general unsecured creditors is $71,000

The same is to be considered

3 0

3 years ago

This information relates to Sherper Co. 1. On April 5 purchased merchandise from Newport Company for $22,000, terms 2/10, n/10.

Feliz [49]

Answer:

April 5, purchased merchandise on account terms 2/10, n/10

Dr Merchandise inventory 22,000

Cr Accounts payable 22,000

April 6, paid freight costs

Dr Merchandise inventory 900

Cr Cash 900

April 7, purchase equipment on account

Dr P, P & E - Equipment 26,000

Cr Accounts receivable 26,000

April 8, returned some merchandise (April 5th purchase)

Dr Accounts payable 2,000

Cr Merchandise inventory 2,000

April 15, paid merchandise invoice

Dr Accounts payable 20,000

Cr Cash 19,600

Cr Purchase discounts 400

or

May 4, paid merchandise invoice

Dr Accounts payable 20,000

Cr Cash 20,000

If the company pays the invoice on April 15th, it will get a 2% discount which must be recorded as a purchase discount.

5 0

3 years ago

Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua

CaHeK987 [17]

Answer:

The current price of the bond would be € 898.87

Explanation:

Hi, we need to bring to present value the coupon payments and also the face value of the coupon in order to find the price of this bond, that can be done by using the following formula.

$Price=\frac{Coupon((1+Yield)^{n}-1) }{Yield(1+Yield)^{n} } +\frac{FaceValue}{(1+Yield)^{n} }$

Where:

Coupon = 1,000*0.078=78

Yield = 0.089 (or 8.9%)

Face Value= 1,000

n = 20 coupon payments

So, everything should look like this.

$Price=\frac{78((1+0.089)^{20}-1) }{0.089(1+0.089)^{20} } +\frac{1,000}{(1+0.089)^{20} }$

$Price=717.13+181.74=898.87$

Therefore, the price of this bond is € 898.87

Best of luck.

7 0

2 years ago

Which of the following tells you how much your credit card interest will be if you only pay the minimum balance each month?A) La

kati45 [8]

Answer:

D) Annual Percentage Rate

Explanation:

The APR is often expressed as the percentage (%). The annual percentage rate (APR) is an attempt to calculate the principal debt you pay during the period (in this year) by taking into account every installment, prepayment, and so on. Annual Interest Rate (APR) is an annual rate for borrowing or investing. APR is expressed as a percentage of the actual annual value of the loan over the term of the loan. This includes any transaction fees or overhead, but is not taken into account significantly. Because loans or loan agreements can vary in terms of interest rates, operating fees, late penalties and other factors, a standard computation such as APR provides borrowers with a bottom line that they can easily compare with interest rates charged by other lenders.

Late fees, also known as overdue fines, late fines, or overdue fees, are charges that a company or organization has not paid a debt on time or has leased or repaid a loan. Late payments are usually calculated on a per-item basis.

Annual Membership Fee means an annual membership fee or similar payment in connection with a Credit Card Agreement. Annual payments are one of the most common of all credit card fees. It is your provider's right to automatically charge your account once a year for the benefits that come with this credit card.

The balance transfer fee is a charge which charged when you transfer a credit card debt from one card to another. Balance transfer fees are common for credit cards offering low entry interest rates. Consumers considering a balance transfer should calculate the total cost of the current debt over time, without accepting a proposal and paying it off.

4 0

3 years ago