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sergij07 [2.7K]

2 years ago

9

Teresa wants to take her firm internationally but is concerned with the ________, which refers to the possibility of higher cost

s of doing business in an unfamiliar cultural and economic environment.

1 answer:

Kaylis [27]2 years ago

5 0

Answer:

Liabilities of foreignness is the correct answer.

Explanation:

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Three large firms dominate the telecommunication industry of United Canava: AD Telecom Inc., Mystic Telecom Corp., and Total Tal

Natasha2012 [34]

The correct answer is D. Oligopoly

Explanation:

In economics and related areas, an oligopoly occurs if only a few companies dominate the production or supply of a specific product or service. This differs from a monopoly because in this there is only one company or firm domination. Moreover, in oligopolies as in monopolies competition is imperfect because small firms or new firms cannot compete.

In the case presented, the competitive structure is an oligopoly because three big important firms dominate telecommunication, and therefore this service is controlled by a few companies. Also, due to this, the competition is not fair or perfect because even when the three companies use non-price competition, small companies cannot compete with the three firms.

5 0

3 years ago

A hardware buyer plans to purchase 75 ladders which will retail for $35 each. He has already placed an order for 48 ladders at $

Anarel [89]

Answer:

<em>The most he can pay for each of the remaining ladders if he is to obtain a 48% markup goal is </em><em>$36.357</em><em>.</em>

Explanation:

<em>A hardware buyer plans to purchase 75 ladders which will retail for $35 each. </em>This means that he is going to sell each ladder for $35, regardless of how much he paid for them before.
<em>He has already placed an order for 48 ladders at $16.50 each</em>. So out of the 75 ladders he is planning to purchase and then sell, he bought 48 at a reduced price of only $16.50 each. Now if we subtract those numbers, as shown below, we determine that he still needs to buy 27 more ladders at an unknown price:

<em>(75 - 48) ladders = 27 ladders</em>

<em>What is the most he can pay for each of the remaining ladders if he is to obtain a 48% markup goal? </em>So we need to determine the maximum price for each of the remaining 27 ladders if he is to obtain a 48% markup goal.

<em>Markup </em><em>in this case is just a measure of the ratio (in %) between the profit made </em>(by selling 75 ladders for $35 each)<em> to the cost paid </em>(by buying 48 of them at $16.5 each and 27 of them at an unknown price). Its formula is as follows:

$Markup=\frac{Profit}{Cost}*100$

Now, we already have our markup goal of 48%, so we can substitute that number into the formula, and divide both sides of the equation by 100:

$48=\frac{Profit}{Cost}*100\\0.48=\frac{Profit}{Cost}\\\frac{Profit}{Cost}=0.48$

We know that Cost is the sum of what he paid for the 48 ladders, <em>plus </em>what he is to pay for the remaining 27 ladders, so it should look something like this:

$Cost=(48ladders*16.5\frac{dollars}{ladder} )+(27ladders*x)$

$Cost=(792 dollars)+(27ladders*x)$

Where '<em>x</em>' is the maximum price he can pay for each of the remaining 27 ladders if he is to obtain a 48% markup goal.

We should also know that Profit is what he gets by selling the 75 ladders, <em>minus </em>the cost paid for them. It should look something like this:

$Profit=(75ladders*35\frac{dollars}{ladder} )-[(792dollars)+(27ladders*x)]$

$Profit=(2625dollars)-[(792dollars)+(27ladders*x)]\\Profit=(2625dollars)-(792dollars)-(27ladders*x)\\Profit=(1833dollars)-(27ladders*x)$

Next, we want to substitute what we have so far for Cost and Profit into the worked Markup formula we had written before, and solve the equation by isolating our '<em>x</em>'. To do that, let's follow these steps:

$\frac{Profit}{Cost}=0.48$

$\frac{(1833dollars)-(27ladders*x)}{(792 dollars)+(27ladders*x)}=0.48\\1833dollars-27ladders*x=0.48*[792 dollars+27ladders*x]\\1833dollars-27ladders*x=380.16dollars+12.96ladders*x$

At this point, <em>we want to transfer the 'x' terms to one side of the equation, and the other terms to the other side</em>, so we get to the answer:

$1833dollars-380.16dollars=12.96ladders*x+27ladders*x\\1452.84dollars=(12.96+27)ladders*x\\1452.84dollars=39.96ladders*x$

Finally, we divide both sides of the equation by 39.96 ladders:

$\frac{1452.84dollars}{39.96ladders} =x\\36.357\frac{dollars}{ladders}=x\\x=36.357\frac{dollars}{ladders}$

So the most he can pay for each of the remaining ladders if he is to obtain a 48% markup goal is $36.357. That means that even if he buys the remaining ladders for a higher price than what he is willing to sell them for, he still obtains a 48% markup goal.

7 0

3 years ago

what is the present value of $7500 per year, at a discounted rate of 7.1%, of the first payment is received 6 years from now and

ss7ja [257]

Answer:

PV= $50,981.17

Explanation:

<u>First, we need to calculate the future value at the end of the period:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {7,500*[(1.071^19) - 1]} / 0.071

FV= $283,234.78

<u>Now, the present value:</u>

PV= FV/(1+i)^n

in this case n=25 years

PV= 283,234.78 / (1.071^25)

PV= $50,981.17

5 0

3 years ago

August 1 M. Harris, the owner, invested $8,000 cash and $34,400 of photography equipment in the company. August 2 The company pa

Dmitrij [34]

Answer:

Date : August 1

Assets (Cash $8,000 and Equipment $34,400) = Increase $42,400

Liabilities = No Effect

Equity (Capital $42,400) = Increase $42,400

Date : August 2

Assets (Cash and Equipment) = $3,300 decrease -cash and $3,300 increase - equipment

Liabilities = No effect

Equity = No Effect

Date : August 5

Assets (Cash and Supplies) = $1,520 decrease -cash and $1,520 increase - equipment

Liabilities = No effect

Equity = No Effect

Date : August 20

Assets (Cash ) = Increase $2,100

Liabilities = No Effect

Equity (Services Revenue) = Increase $2,100

Date : August 31

Assets (Cash = Decrease $881

Liabilities = No Effect

Equity (Utilities Expense) = Decrease $881

Explanation:

The accounting equation is stated as : Assets = Equity + Liabilities

Each and every transaction first identify the Accounts affected, then determine which accounts fall within the Asset, Equity or Liabilities category and the effect thereof to the category.

4 0

3 years ago

Five years ago, our company purchased land for $53,000. This year, the land is

Alenkinab [10]

Answer:60000

Explanation:

4 0

1 year ago