Be-The-One is a motivational consulting business. At the end of its accounting period, December 31, 20Y2, Be-The-One has assets
of $395,000 and liabilities of $97,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 20Y2. $fill in the blank 1 b. Stockholders' equity as of December 31, 20Y3, assuming that assets decreased by $65,000 and liabilities increased by $36,000 during 20Y3. $fill in the blank 2
Michael dell warned companies to be careful about the way they interpret data from the<u> "sales-information system".</u>
The sales information makes minimized and extensive data accessible, both to the administration and the business representatives.
This information on various rundown levels empowers the acknowledgment of changes in the market forms. They frame the reason for untimely and orderly key and agent choices. The client can discharge the data with a less consumption. All things considered, the data framework has the adaptability essential, to meet individual prerequisites in various deals and marketing organizations.
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A monopoly is when there's only one firm operating in an industry.
