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Bogdan [553]
2 years ago
14

A market research agency needs to constantly improve its digital communications to keep up with the competition. In 2017 it spen

t £250 000 on digital communication. In 2018 it spent £525 000. The agency’s percentage increase in spending on digital communications from 2017 to 2018 was approximately equal to:
1) 210% 2) 48% 3) 52% 4) 110%
Business
1 answer:
artcher [175]2 years ago
3 0

Answer:  4) 110%

Explanation:

Percentage increase = (Amount spent in 2018 - Amount spent in 2017) / Amount spent in 2017

= (525,000 - 250,000) / 250,000

= 275,000/250,000

= 110%

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My starbucks idea, which provides customers a location to post suggestions, is a type of g
8_murik_8 [283]
The answer is open innovation
In business terms, open innovation refers to using input and knowledge from outside the company in order to accelerate the innovation process in the company. By creating my starbucks idea, starbuck will able to collect a lot of data from its customers and create a plan that will win the favor of most of its customers
7 0
3 years ago
Following are the accounts and balances from the adjusted trial balance of stark company
Lorico [155]

Answer:

                                STARK COMPANY  

                             INCOME STATEMENT  

                FOR THE YEAR ENDED DECEMBER 31  

PARTICULARS                                 AMOUNT $

Service Revenue                               20,000

<u>Expenses</u>

Supplies expense          200  

Interest expense            500  

Insurance expense        1,800

Utilities expense            1,300

Depreciation expense   2,000

Wages expense             <u>7,500</u>

Total expenses                                  <u>13,300</u>

Net profit                                            <u>6,700</u>

                            STARK COMPANY  

                 STATEMENT OF RETAINED EARNINGS  

                  FOR THE YEAR ENDED DECEMBER 31

                                                                                       Amount $

Retained earnings December 31 prior year end            14,800

Add- Net income           6,700

Less- Dividends             3,000                                           <u>3,700</u>

Retained earnings, December 31 Current year end     <u>18,500</u>

3.                                          STARK COMPANY  

            BALANCE SHEET FOR THE YEAR ENDED DECEMBER 31

Current Assets

Cash                               10,000

Accounts receivable      4,000  

Office supplies               800  

Prepaid insurance          <u>2,500</u>

Total current asset                           17,300

Non Current Assets

Buildings                            40,000

Less- Accumulated dep.    <u>15,000</u>  

Total Non Current Assets                <u>25,000</u>

Total Assets                                       <u>42,300 </u>

Liabilities

Current liabilities

Accounts payable     1,500  

Interest payable        100  

Notes payable           11,000  

Unearned revenue    800  

Wages payable          <u>400 </u>

Total Current liabilities                 13,800

Long term liabilities

Common stock      10,000

Retained earnings 18,500             <u>28,500</u>

Total liabilities and capital           <u>42,300</u>

7 0
3 years ago
How will each of the following changes in demand and/or supply affect equilibrium price and equilibrium quantity in a competitiv
Hatshy [7]

If supply decreases and demand is constant, there would be an increase in equilibrium price while equilibrium quantity would decrease.

If demand decreases and supply is constant,  there would be a a fall in equilibrium price and equilibrium quantity.

If supply increases and demand is constant, it would lead to a fall in equilibrium price and equilibrium quantity.

If demand increases and supply increases, it would lead to an increase in equilibrium quantity and an indeterminate effect on equilibrium price.

If demand increases and supply is constant, there would be an increase in equilibrium quantity and price.

If supply increases and demand decreases, it would lead a fall in equilibrium price and an indeterminate effect on equilibrium quantity.

If demand increases and supply decreases, equilibrium price increases and there is an indeterminate effect on equilibrium quantity.

If demand decreases and supply decreases, equilibrium quantity declines and there is an indeterminate effect on equilibrium price.

<h3>How do these changes affect equilibrium price and quantity?</h3>

If supply decreases while demand remains constant, there would a shift to the left of the supply curve. This would lead to an increase in equilibrium price while equilibrium quantity would decrease.

If demand decreases while supply remains constant, there would a shift to the left of the demand curve. This would lead to a fall in equilibrium price and equilibrium quantity.

If supply increases while demand remains constant, there would a shift to the right of the supply curve. This would lead to an decrease in equilibrium price while equilibrium quantity would increase.

If demand increases, there would be an increase in equilibrium quantity and price. If supply increases, it would lead to an decrease in equilibrium price while equilibrium quantity would increase. The two would lead to an increase in equilibrium quantity and an indeterminate effect on equilibrium price.

If demand increases, there would be an increase in equilibrium quantity and price.

If supply increases it would lead to an decrease in equilibrium price while equilibrium quantity would increase. If demand decreases it would lead to a fall in equilibrium price and equilibrium quantity. It would lead a fall in equilibrium price and an indeterminate effect on equilibrium quantity.

If demand increases, there would be an increase in equilibrium quantity and price. If supply decreases it would lead to an increase in equilibrium price while equilibrium quantity would decrease. Taking these two effects together, equilibrium price increases and there is an indeterminate effect on equilibrium quantity.

If supply decreases it would lead to an increase in equilibrium price while equilibrium quantity would decrease. If demand decreases, it would lead to a fall in equilibrium price and equilibrium quantity. Taking these two effects together, equilibrium quantity declines and there is an indeterminate effect on equilibrium price.

Here is the complete question:

How will each of the following changes in demand and/or supply affect equilibrium price and equilibrium quantity in a competitive market, that is, do price and quantity rise, fall, or remain unchanged, or are the answers is indeterminate because they depend on the magnitudes of the shifts? Use supply and demand to verify your answers. Supply decreases and demand is constant. Demand decreases and supply is constant. Supply increases and demand is constant. Demand increases and supply increases. Demand increases and supply is constant. Supply increases and demand decreases Demand increases and supply decreases. Demand decreases and supply decreases.

To learn more about supply curves, please check: brainly.com/question/26073189

5 0
2 years ago
Jenny's bakery makes two types of birthday cakes: yellow cake, which sells for $25, and strawberry cake, which sells for $35. Bo
Marina86 [1]

Answer: Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

Explanation:

x- Number of Yellow cakes

y- Number of Strawberry cakes

Time constrain is given by

2x+3y\leq 450

x\geq 0

y\geq 0

Revenue is given by,

TR= 25x + 35y

At the vertices, revenue is

At (0,0)

TR = $0

At (0,150)

TR = 25(0) + 35(150) = $5,250

At (225,0)

TR = 25(225) + 35(0) = $5,625

Therefore, Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

4 0
3 years ago
Your grandmother has been putting $3,000 into a savings account on every birthday since your first (that is, when you turned 1).
aniked [119]

Answer:

I believe the answer is 6,480,000.

8 0
2 years ago
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