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2 years ago

Name the market structure in which agriculture farming operate

Business

1 answer:

erica [24]2 years ago

4 0

Answer:

primary sector involves agricultural stuufs

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You are concerned with a steady decline in profits in your company, despite the fact that costs are not rising at an unreasonab

alexdok [17]

Answer:

I will visit the sales manager first

Explanation:

A company is profitable if its turnover exceeds expenditure. In other words, total sales must be more than the sum of the cost of sales and operating costs.

In a company, the significant cost components are inventory and operations costs. In this case, costs are risings reasonable. It signifies growth in production activities. The problem for the company is likely to be sales-related. Possible challenges in sales departments include.

A significant drop in sales volumes

2. Low mark-up on the companies products

3. Pilferage or fraud in the sales processes.

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2 years ago

What problems can result for an organization and its customers when the organization acts in an ethically questionable manner?

Marrrta [24]

Sales manager and buyer the organization acts in an ethically questionable manner

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2 years ago

Loss is the value of the economic surplus that is forgone when a market is not allowed to adjust to its competitive equilibrium.

avanturin [10]

Answer:

True (Dead-weight loss )

Explanation:

When the market is not allowed to adjust towards the equilibrium the economics efficiency is lost. When the supply is excessive compared to demand some part of supply remains intact, which means that small of amount of supply does not contribute to economics and allocation efficiency and considered as a dead-weight loss. The supply is forgone because the market is not allowed to stabilise.

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2 years ago

Accounting standard-setters use the following process in establishing accounting standards:__________. A. Discussion paper, rese

Sergeu [11.5K]

Answer:

Option D Research, discussion paper, exposure draft, standard.

Explanation:

The reason is that the International Accounting Standard Board conducts the research which includes the issues arising in the current standard due to advancement in environment. This requires that the company consider all the valuable suggestions fromt the professionals around the world. After a great discussion, the IASB chooses the best recommendations and publishes exposure draft which to review the judgement made. After careful review of the exposure, IASB issues new international accounting standard which results in abandoning the application of previous international accounting standard in two years time and opting to the new international accounting standard.

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2 years ago

Read 2 more answers

Harris Company uses the allowance method of handling its credit losses. It estimates credit losses at one percent of credit sale

likoan [24]

Answer:

Dec.31 Bad Debts Expense 27000

December 31 Balance Sheet Accounts Receivable 392400

Explanation:

Harris Company

Credit Sales for the current year $2700,000

Credit Losses = 1% of $ 2700,000= $ 27000

Add Allowance for Doubtful Accounts $ 30600 Cr

Required Adjustments $ 57,600 Cr

General Journal

Date Description Debit Credit

Dec.31 Bad Debts Expense 27000

Allowance for Doubtful Accounts 27000

December 31 Balance Sheet.

Accounts Receivable $450,000

Less: Allowance for Doubtful Accounts $57,600 ( 27000+ 30,600)

Accounts Receivable 392400

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2 years ago

Name the market structure in which agriculture farming operate​

Name the market structure in which agriculture farming operate