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Yakvenalex [24]
3 years ago
14

From 1990 to 2000, calculate the percentage change in Instructions: Enter your responses rounded to one decimal place. If you ar

e entering any negative numbers be sure to include a negative sign (-) in front of those numbers. a. Real GDP. % b. Real consumption. % c. Real government spending
Business
1 answer:
dsp733 years ago
4 0

Answer:

Note <em>The full question is attached as picture below</em>

1. Real consumption % change = ((Consumption in 2009 / Consumption in 2007) - 1) * 100

Real consumption % change = ((9847 / 10042) - 1) * 100

Real consumption change % = (0.981 - 1) * 100

Real consumption change% = -1.9%

2. Real investment % = ((Investment in 2009 / 2007) - 1) * 100

Real investment % = ((1898 / 2644) - 1) * 100

Real investment % = (0.718 - 1) * 100

Real investment % = -28.2%

3. Government spending % = ((Government spending 2009 / 2007) - 1)*100

Government spending % = ((3089 / 2914) - 1)*100

Government spending % = (1.06 - 1) * 100

Government spending % = 6%

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Answer: The amount of bad debt expense the company would record would be $3,470.

Explanation: Bad debt expense is an estimate of accounts receivable that is deemed as uncollectible while allowance for doubtful accounts is a balance sheet allowance account that warehouses the total balance of accounts receivable that is deemed irrecoverable.

In this scenario, Simple Co. estimated, using the aging method, that the allowance for doubtful accounts is $3,800. However, it had a credit balance of $330 in the same account. The reinstate the allowance account to $3,800, $3,470 has to be adjusted for by debiting bad debt expense and crediting allowance for doubtful account.

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3 years ago
Which of the following are integral parts of the managerial process of crafting and executing strategy?
iVinArrow [24]

Answer:

The correct answer is a. Developing a strategic vision, setting objectives, and crafting a strategy .

Explanation:

Management has the responsibility of charting the strategic course, establishing a series of objectives that allow it to choose a strategy that allows achieving everything planned. Likewise, the board of directors is responsible for defining and executing such strategies.

The management process has the following stages:

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3. Develop the strategy.

4. Apply and implement the strategy.

5. Evaluate performance and implement controls.

3 0
3 years ago
When Home Movies Inc. opened stores in other countries, it increased the company's international market share. Home Movies took
olga55 [171]

Answer:

<h2>In this instance,Home Movies Inc. took advantage of market expansion opportunity to enhance market share.Hence,the correct answer is market expansion.</h2>

Explanation:

In Microeconomics,the practice of market expansion refers to the enhancement of business activities or selling of goods and services into newer sections of the market which encompasses factors such as demographic,economic,geographical,social etc.In this context,the geographical expansion of market can possibly include international markets as well as long it can comprehensively cover the desired consumer group which can lead to higher revenue generation and potential market share.It is an extremely formidable economic strategy for any business organisation or company to expand the consumer accessibility by tapping into new geographical areas in the global or international market.An effective market expansion,however, requires a thorough and considerable market research with a specific emphasis on the the potential new markets that the existing business can easily reach and the new consumer base in those markets who will most probably like the products and/or services sold by the business based on various preferential attributes.This can evidently generate immense opportunities for sales and overall economic growth.

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Roomz, a mid-range hotel, used to provide only food and accommodation facilities. It soon realized that most of its customers ar
Sever21 [200]

Answer:

This is an example of an emergent strategy

Explanation:

An emergent strategy is an unplanned strategy it is the strategy that actually happens as a result of changes in the external environment of the  business and it shows the responds to  such changes. Although it is unintended, adopting an emergent strategy  helps a business adapt more flexibly to the practicalities of changing market conditions.  

Therefore the type of strategy adopted is an emergent strategy  

8 0
3 years ago
All of the following statements about exit in monopolistic competition are true, except: Select the correct answer below: When e
Murljashka [212]

Answer:

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When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero

If firms are earning negative economic profit, in the long run, firms leave the industry.  This drives economic profit to zero

in the long run, only normal profit is earned

5 0
3 years ago
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