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Digiron [165]
2 years ago
13

An electronics store wants to clear the warehouse of all television models

Business
1 answer:
Assoli18 [71]2 years ago
8 0

Answer:

$600

Explanation:

just took the test

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Hope College is planning for the next biennium. School administrators know that the enrollment is on the decline, but still need
Alekssandra [29.7K]

They can accomplish this through early retirement.

<h3><u>Explanation:</u></h3>

Early retirement is a way that we use to stop or discontinue something. Most of the aged person tends to choose early retirement for the purpose of achieving the benefits form the organisation to the most possible level. This decision can be taken when we know that the organisation will be closed in the near future and continuing work will not benefit us.

When we decide for the early retirement the befits that we attain from that will be more than  the benefit that are obtained in continuing work. In the given example, Hope college has a plan for next biennium. But, the enrollments are reduced in number and they want to reduce the payroll slowly. Thus this can be accomplished with the help of early retirement.

7 0
3 years ago
On February 1st, H&amp;B Bank originated a loan for $50,000 at an interest rate of 7.2%. On March 15th, an interest payment of $
irina [24]

Answer:

d. Over time

Explanation:

The interest revenue will be recognize over time, regardless of the payment

If we only recognize revenue at payment due, if the bank client doesn't paid then we cannot recognize the accrued interest receivable.

We will recognize over time.

6 0
3 years ago
What earns interest and allows unlimited ATM use
Vesna [10]
Interest-bearing checking account.
3 0
3 years ago
The balance sheet of Sub America reports total assets of $400,000 and $450,000 at the beginning and end of the year, respectivel
Rudiy27

Answer:

$42,500

Explanation:

Given that,

Beginning total assets = $400,000

Ending total assets = $450,000

Average total assets = (Beginning total assets + Ending total assets) ÷ 2

                                   = ($400,000 + $450,000) ÷ 2

                                   = $425,000

Return on assets = 10%

Net Income ÷ Average total assets = 0.1

Net Income ÷ $425,000 = 0.1

Net Income = 0.1 × $425,000

                   = $42,500

Therefore, the Sub America's net income for the year is $42,500.

6 0
3 years ago
True or False: If Antonio's Fire Engines were a competitive firm instead and $105,000 were the market price for an engine, decre
anastassius [24]

Answer:

False

Explanation:

The market demand curve in perfect competition slopes downward.

Price is determined by the intersection of market demand and supply; under perfect competition, the individual firms don't have any influence on the market price.

Individual firms become price takers when the market price is determined by market supply and demand forces. Individual firms are forced to charge the equilibrium price of the market or the consumers would purchase the product from the many other firms in the market who are charging a lower price. The demand curve for an individual firm is, therefore, the same as the equilibrium price in the market

All individual firms are price takers in a perfectly competitive market. The price is determined by the intersection of market supply and demand curves.

The demand curve for an individual firm is not the same as the market demand curve. The market demand curve slopes downward, whereas the firm's demand curve is a horizontal line.

The firm's horizontal demand curve indicates a price elasticity of demand that is perfectly elastic

The horizontal demand curve of an individual firm indicates that the elasticity of demand for the good is perfectly elastic. This means that if any individual firm charged a price somewhat above market price, it would not sell any products.

Offering a firm's product at a lower price than the competitors is a strategy usually used to enhance market share. In a perfectly competitive market, firms cannot reduce their product price without experiencing a negative profit. Thus, assuming that each firm is a profit-maximizer, it will sell its output at the market price.

5 0
3 years ago
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