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Alika [10]
3 years ago
9

Which of these is a group of producers working together to raise prices and

Business
1 answer:
kramer3 years ago
6 0

Answer:

B. a cartel

Explanation:

A cartel is a group of independent producers who collude to promote and protect their trade interests. Large producers in the same industry form cartels to manipulate supply and fix prices. Through the cartel, the large producers set prices that guarantee maximum profits for their members. The cartel eliminates price competition among the major producers in the industry.

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Kliting Co. has a lot of outstanding accounts receivable but customers are slow to pay, and it doesn't have sufficient cash to p
Elina [12.6K]

Answer:

Factoring

Explanation:

Factoring is a form of debtor finance that involves an entity selling it's accounts receivables to a third party at a discount.

The third party is called a factor.

This practice is usually carried out to meet urgent cash needs of the business.

In this instance Kliting Co. has a lot of outstanding accounts receivables and there is need for cash to pay its suppliers and employees at the end of the month.

Instead of borrowing Kliting Co. sells their accounts receivables to get the needed cash.

This is factoring finance

6 0
3 years ago
Bonita Industries produces corn chips. The cost of one batch is below: Direct materials $18 Direct labor 14 Variable overhead 12
sp2606 [1]

Answer:

$19

Explanation:

Data provided

Direct material = $18

Direct labor = $14

Variable overhead = $12

Offered price from outside supplier = $25

The calculation of Bonita Industries save is shown below:-

Total cost of production = Direct material + Direct labor + Variable overhead

= $18 + $14 + $12

= $44

Savings = Total cost of production - Offered price from outside supplier

= $44 - $25

= $19

5 0
3 years ago
Which action should a job seeker ideally take by the end of an interview?
spayn [35]
Thank the interviewer and wait for a. Call back
7 0
3 years ago
Read 2 more answers
You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 10
Anton [14]

Answer:

"Stop-loss order" is the right answer.

Explanation:

According to the question,

Purchase price,

= $50

Current selling price,

= $80

Current gains,

= $30

  • Investors begin to give their earnings if somehow the market capitalization begins to fall beneath $80. In advance to minimize this, we need to set a purchase requisition of $80 for stop-loss.
  • So whenever the market decreases beyond $80, with us investments are traded, and thereby the existing profits of $30 have been safeguarded.

Thus, the above is the correct explanation.

4 0
3 years ago
Larsen Corporation reported $200,000 in revenues in its 2021 financial statements, of which $66,000 will not be included in the
Anastaziya [24]

Answer:

$16,500

Explanation:

The computation of the deferred income tax liability for the year 2021 is shown below:

= Amount not included in tax return × enacted tax rate for 2022 year

= $66,000 × 25%

= $16,500

Simply we multiplied the amount not included with the enacted tax rate for 2022 year so that the correct amount could come

And, we ignored the other information given in the question

5 0
4 years ago
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