Answer:
1. technological
2. Social
3. Competitive
4. Economic and legal
5. Global
Explanation:
environmental forces can be defined as those factors that have the ability to affect or influence how an organization or business operates.
based on the question, 5 environmental forces have been identified with each:
<u>1. Technological</u>
for Booksellers- Boarders, they eventually went bankrupt because of technological advancement that has made books readily available on the internet. so people easily go for these soft copies rather than the hardcopy that they used to.
<u>2. Social</u>
Snap for Seniors- Eve Stern is an entrepreneur who started a business. this is a social environment force that is involved in serving the needs of the elderly.
<u>3. Competitive</u>
blackberry- When the BlackBerry phone system quit working, it affected 70 million customers. Those customers turn to other cellphones which offered the reliable service business customers demand, at a lower price. customers are always likely to go to the side of the competition where prices seem to be fairer.
<u>4. Economic and legal</u>
Jeffries Roofing- Tom Jeffries owns Jefferies Roofing company. In his proposals, Tom describes materials to be used and a price. When the customer signs the bid, it becomes an enforceable contract.
<u>5. Global</u>
WalMart- In China, Walmart has nearly doubled in size and made "Made in China" stickers are visible all over Walmart stores in the United States.
Answer:
DR Cash ..............................................................$ 176,000
CR Sales Revenue................................................................$149,600
CR Deferred Revenue..........................................................$26,400
Explanation:
Revenue should only be recorded when earned and as the 6 month technical support can be sold separately, it is revenue that has not be earned yet as the 6 months have not elapsed. This will therefore need to be recorded as Deferred revenue.
Sold alone, the revenue is more than when they are sold together so use the standalone price to find out the revenue when sold together by proportionality.
Sales revenue = 153,000/180,000 * 176,000
= $149,600
Deferred Revenue = 27,000/180,000 * 176,000
= $26,400
Answer:
Total debt is $15.91million
Total equity is 9.09miliion
Explanation:
Debt-to-equity ratio relates to how a firm is financing its operations through debt versus shareholders' equity(owners' fund)
The formula is: Total debt/total equity
Debt-to-equity ratio = 1.75times
Total assets =$25 million
We know the Equity = Asset - liability(debt)
We can rewrite the equation as:
Debt-to-equity ratio = Total debt/asset - debt
Let's represent debt as 'y'
1.75 = y/$25million - y
y = 1.75($25million - y)
y = $43.75 - 1.75y
Collect the like terms
y + 1.75y = $43.75million
2.75y = $43.75million
y = $43.75million/2.75
y = $15.91million
Therefore, total debt is $15.91million
Using the same formula: Total debt/total equity
Lets represent equity with z
1.75 = $15.91million/z
z = 15.91million/1.75
z = 9.09miliion
Therefore total equity is 9.09miliion
Answer:
65 firms will be in the industry at the new long run equilibrium
Explanation:
in the long run the P=ATC
quantity before the change is
200 = 1000-4Q
4Q = 800
Q= 200
each firm output = Q/number of firms = 200 / 50
q = 4
new quantity is
200 = 1240-4Q
4Q = 1040
Q = 260
number of firms=new Q/q
=260/4 = 65
the number of firms is 65 in the long run.
Answer:
Option A) To record revenues and expenses
Explanation:
The accounting accrual is an accounting method, it means that the company must record the revenues and expenses in the moment that the transactions occur and not when the payment is done.
By this method is always necessary to make adjustment entries to the accounting system if not it's impossible reflect all the transactions occured at this moment.
