<span>Which of the following is not a source of income? Your monthly student loan payment. Income is money that is received, normally on a regular basis, for work or from investments. The other options are all sources of income coming into your pocket whereas the student loan payment is money you are paying out. </span>
Answer:
a. The power and influence of industry driving forces
Explanation:
As per Michael Porter, there exist five competitive forces that influence competition in an industry. The five forces as per Porter are:
- Potential entrants
- Industry competitors
- Customers
- Substitutes
- Suppliers
Potential entrants refers to the risk of new entrants in the market.
Industry competitors refers to the extent of rivalry and competition between existing firms.
Customers relate to the negotiating or bargaining power of the customers and to what extent they exercise such power.
Substitutes refer to the emergence of substitute products in the market which may drive down a firm's sales.
Suppliers relate to the bargaining power exercised by suppliers with respect to inputs.
Answer:
Cash paid for interest = $151,200
Explanation:
We know,
If there is a prepaid insurance while calculating cash flow statement <em>(Direct method)</em>, we have to use the following formula to calculate the cash paid for interest expenses during the period:
Ending Prepaid Insurance + Interest Expenses - Beginning Prepaid Insurance
Given,
Beginning Prepaid Insurance (December 31, 2017) = $89,900
Ending Prepaid Insurance(December 31, 2018) = $186,000
Interest Expense = $61,300
Therefore, cash paid for Interest = $186,000 + $61,300 - $96,100
<em>Cash paid for interest = $151,200</em>
Answer:
Because it can be use by many people
Answer:
a. Due to increases in hay prices, an input for raising cattle, the price of a gallon of 2% milk increases from $2.98 to $3.25. QUANTITY DEMANDED DECREASES, as the price of a good or service increases, the quantity demanded decreases.
b. Groupon has a Groupon for $6 off the price of laser tag. QUANTITY DEMANDED INCREASES, as the price of a good or service decreases, the quantity demanded increases.
c. Sharp increase in the price of wood causes increases in prices for dressers and desks. QUANTITY DEMANDED DECREASES, if the price of a key input increases, the production costs will increase, resulting in a higher selling price ⇒ lower quantity demanded.
d. Week long special at the grocery store, where pork shoulder is on sale at $1.99 a pound, down from $3.99 a pound. QUANTITY DEMANDED INCREASES, as the price of a good or service decreases, the quantity demanded increases.
e. Buy one get one free special for MP3 albums on Amazon. QUANTITY DEMANDED INCREASES, the buy one get one free promotion lowers the price of a good or service, resulting in higher quantity demanded.