Answer:
the Cash outflows for rent in Year 2 is $253,000
Explanation:
The computation of the Cash outflows for rent in Year 2 is shown below:
Prepaid rent at year 2 $88,000
Add: rent expense $244,000
Less: prepaid rent in year 1 -$79,000
Cash outflows for rent in year 2 $253,000
Hence, the Cash outflows for rent in Year 2 is $253,000
Answer:
college apps are not that expensive likr this one
Explanation:
Honestly I would say being an entrepreneur is the most complex and difficult to form, especially if you're trying to build from the ground up it can take a matter of 4-5 maybe more years, this isn't a "answer" ore of an "opinion."
Hope this helped though!
Answer:
The both firms lose and the consumers gain
Explanation:
This scenario paints the picture of a Price war.
A price war is a competition strategy known by repeatedly cutting prices below those of competitors.
As a competitor lowers its price, then others will lower their prices to match.
Eventually, price wars are beneficial to the buyers who are consumers, who can take advantage of lower prices.
Price cutting is not good for any of the competing companies involved because the lower prices reduce profit margins and can threaten their survival.
If this practice of price reduction continues the monopoly profits are erased, and the smaller, more marginal or less efficient firms cannot compete and must close.