Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.
Answer:
(c) $10,000
Explanation:
If the long-run supply curve is horizontal, then the supply will remain the same in the long-run. The total amount of money (A) that consumers will spend, in total, on potatoes is given by the product of the quantity purchased by the price, and can be found by rearranging the demand function:
Consumers will spend $10,000 on potatoes.
Unless you have a Business Plan.
Business plan contain your Objectives and step by step strategy that you will do in order to expand your Company.
Showing in front of investors without it make them questioned your commitment as a future Partner. To put it simply, you look like a careless & unmotivated person that is really bad for business
Answer:
You agree that test marketing could be helpful, but you point out that it may also reveal your ideas to your competitors.
Explanation:
In the give scenario the existing famous cheesy butter biscuits sales are going down. In an effort to increase the revenue of the business the head of product development has a theory that people want lighter options today, and she has recommended test marketing a lower-fat version of the biscuits at select locations in eight major cities across the United States.
This is an innovative solution to the problem and the head of product development should be encouraged to drive the test marketing.
However marketing a lower-fat version of the biscuits at select locations in eight major cities will expose the strategy to competitors. It will be better to conduct the test in a more controlled environment away from competitors.
Answer:
the price adult ticket is $8 and the price of children tickets is $5.
Explanation:
This question can be solved using a simultaneous equation.
Let :
x = price of adult tickets
y = price of children tickets
If 8 adult tickets and 12 student tickets are sold for a total of $124, the first equation would be
8x + 12y = $124
If 16 adult tickets and 23 student tickets are sold for a total of $243, the second equation would be
16x +23y = $243
The two equations are
8x + 12y = 124
16x +23y = 243
To solve, multiply equation 1 by 2 . This gives equation 3
16x + 24y = 248
Now substract equation 3 from 2. This gives y = 5
To find y, substitute 5 with y in equation 1
8 x + 12(5) = 124
8x + 60 = 124
Solve for x
x = 8
Therefore, the price adult ticket is $8 and the price of children tickets is $5.
I hope my answer helps you
