1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gtnhenbr [62]
3 years ago
15

A union might increase the demand for the labor services of its members by Multiple Choice decreasing the demand for the product

it is producing. decreasing the prices of complementary inputs. decreasing the prices of substitute inputs. increasing the prices of complementary inputs.
Business
1 answer:
Finger [1]3 years ago
7 0

Answer:

The correct answer is decreasing the prices of complementary inputs

Explanation:

According to the given scenario, in the case when the union might rise the demand with regard to labor services for its members so here the goods i.e. complementary its prices are reduced due to which there is an increase in demand as the goods i.e. complementary would be cheaper as compared to before

Therefore The correct answer is decreasing the prices of complementary inputs

You might be interested in
If the expected sales volume for the current period is 7,000 units, the desired ending inventory is 400 units, and the beginning
Ksivusya [100]

Answer:

7,000 units

Explanation:

Calculation for the number of units set forth in the production budget, representing total production for the current period

Using this formula

Number of units =Current period +Ending inventory - Beginning inventory

Where,

Current period =7,000 units

Ending inventory=400 units

Beginning inventory =400 units

Let make plug in the formula above

Number of units =7,000 units + 400 units-400 units

Number of units =7,000 units

Therefore the Number of units will be 7,000 units

5 0
3 years ago
Campbell, Inc. has just conducted a SWOT analysis. Typically, the next step in the marketing planning process would be ________
Law Incorporation [45]

There are different kinds analysis. The next step in the marketing planning process would be Identifying and evaluating opportunities and involves using STP (segmentation, targeting, positioning).

<h3>What is Identifying and evaluating opportunities?</h3>

The steps of the strategic marketing process includes mission, situation analysis, marketing plan, marketing mix, and implementation and control.

The third step in the marketing planning process, following the situation analysis, is known to be the steps where one has to identify the various opportunities by using STP which is Segmentation, Targeting, and Positioning.

See full question below

After a firm has conducted a SWOT analysis, it would typically progress to the next step of marketing planning which is _______ and involves using STP (segmentation, targeting, and positioning).

A. defining the mission

B. conducting a situation analysis.

C. identifying and evaluating opportunities

D. implementing the marketing mix

E. evaluating performance

learn more about  marketing planning process from

brainly.com/question/8638255

5 0
3 years ago
During a certain six-year period, the consumer price index (CPI) increased by 50%. But during the next six-year period, it incre
Westkost [7]

The answer is Inflation

7 0
3 years ago
Read 2 more answers
The following information pertains to Obama Company's outstanding stock for the year just ended:
dem82 [27]

Answer:

45,000 shares

Explanation:

The computation of the number of shares computed for the basic earning per share is shown below:

= shares outstanding as on Jan 1 + 2 for 1 stock split as on Jan 4 + shares issued as on Jan 7

= 20,000 shares + 20,000 shares + {10,000 shares ×  6 months ÷ 12 months }

= 20,000 shares + 20,000 shares + 5,000 shares

= 45,000 shares

The 6 months are calculated from Jan 1 to July 1

7 0
3 years ago
Crystal Apple Sales Company began 2014 with cash of $2,000, inventory of $3,600 (200 crystal apples that cost $18 each), $2,500
Andru [333]

Answer and Explanation:

a. The computation of ending inventory and cost of goods sold using the three different cost flow assumptions: FIFO, LIFO, and Weighted Average is shown below:-

Cost of goods sold = (200 × $18) + (800 × $20) + (1,040 × (2,040-200-800)

= (200 × $18) + (800 × $20) + (1,040 × $24)

= $3,600 + $16,000 + $24,960

= $44,560

Ending Inventory Under FIFO = (1,200 - 1,040) × (2,040-200-800)

= 160 × $24

= $3,840

Under LIFO method

Cost of goods sold is

= (1,200 × $24) + (800 × $20) + (40 × $18)

= $28,800 + $16,000 + $720

= $45,520

Ending Inventory Under LIFO is

= (200 - 40) × $18

= 160 × $18

= $2,880

Weighted Average cost flow Assumption

Weighted Average cost per apple = Cost of Beginning inventory and purchase ÷ Total apple available

Cost of Beginning inventory and purchases is

= (200 × $18) + (800 × $20) + (1,200 × $24)

= $3,600 + $16,000 + $28,800

= $48,400

Total apples available is

= 200 + 800 + 1,200

= 2,200  

Weighted Average cost per apple is

= $48,400 ÷ 2,200

= $22

Cost of goods sold is  

= 2,040 × $22

= $44,880

Ending Inventory is

= 160 × $22

= $3,520

b. The Preparation of income statement, a balance sheet, and a statement of cash flows under each of the three cost flow assumptions is prepared below:-

Income Statement                       Amount

Sales (2,040 × $40)                     $81,600

Less: Cost of goods sold            ($44,560)

Gross Profit                                  $37,040

Less: Operating Expenses         ($26,000)

Income before income taxes      $11,040

Less: Income tax (30% × $11,280) ($3,312)

Net Income                                     $7,728

Balance Sheet

Assets  

Cash                                                   $9,488

Inventory                                             $3,840

Total Assets                                        $13,328

Liabilities and Stockholder's Equity

Common Stock                                   $2,500

Retained Earnings                              $10,828

Total Liabilities and Equity                $13,328

Working note

cash = (opening + Sales - Purchases - Operating expenses - Income tax expenses )

= $2,000 + $81,600 - $44,800 - $26,000 - $3,312

= $9,488

Retained earning = (Opening + Net Income)

= $3,100 + $7,728

= $10,828

Statement of Cash Flow

Cash Flow from Operating Activities  

Cash Sales                                               $81,600

Payment to Accounts Payable              ($44,800)

Operating Expenses                              ($26,000)

Income tax paid                                      ($3,312)

Net Increase in cash and

cash equivalents                                     $7,488

Add: Opening Cash and

cash equivalents                                     $2,000

Closing Cash and cash equivalents      $9,488

LIFO cost flow Assumption

Income Statement

Sales (2,040 × $40)                                 $81,600

Less: Cost of goods sold                         ($45,520)

Gross Profit                                              $36,080

Less: Operating Expenses                     ($26,000)

Income before income taxes                  $10,080

Less: Income tax (30% × $10,080)             ($3,024)

Net Income                                               $7,056

Balance Sheet

Assets  

Cash                                                           $9,776

Inventory                                                    $2,880

Total Assets                                               $12,656

Liabilities and Stockholder's Equity

Common Stock                                           $2,500

Retained Earnings                                       $10,156

Total Liabilities and Equity                         $12,656

Working note:-

Cash = (opening + Sales - Purchases payment - Operating expenses -Income tax expenses)

= $2,000 + $81,600 - $44,800 - $26,000 - $3,024

= $9,776

Retained earning = (Opening + Net Income)

= $3,100 + $7,056

= $10,156

Statement of Cash Flows  

Cash Flow from Operating Activities  

Cash Sales                                             $81,600

Payment to Accounts Payable            ($44,800)

Operating Expenses                            ($26,000)

Income tax paid                                     ($3,024)

Net Increase in cash and

cash equivalents                                     $7,776

Add: Opening Cash and

cash equivalents                                     $2,000

Closing Cash and cash equivalents       $9,776

Weighted Average cost flow Assumption

Income Statement  

Sales (2,040 × $40)                                   $81,600

Less: Cost of goods sold                         ($44,880)

Gross Profit                                               $36,720

Less: Operating Expenses                       ($26,000)

Income before income taxes                   $10,720

Less: Income tax (30% × $10,720)           ($3,216)

Net Income                                                $7,504

Balance Sheet  

Assets  

Cash                                                           $9,584

Inventory                                                   $3,520

Total Assets                                              $13,104

Liabilities and Stockholder's Equity

Common Stock                                         $2,500

Retained Earnings                                     $10,604

Total Liabilities and Equity                       $13,104

Working note

Cash = opening + Sales - Purchases payment - Operating expenses - Income tax expenses )

= $2,000 + $81,600 - $44,800 - $26,000 - $3,126

= $9,584

Retained earning = (Opening + Net Income)

= $3,100 + $7,504

= $10,604

Statement of Cash Flows

Cash Flow from Operating Activities

Cash Sales                                       $81,600

Payment to Accounts Payable      ($44,800)

Operating Expenses                       ($26,000)

Income tax paid                               ($3,216)

Net Increase in cash and

cash equivalents                              $7,584

Add: Opening Cash and

cash equivalents                            $2,000

Closing Cash and

cash equivalents                               $9,584

8 0
3 years ago
Other questions:
  • Bernard Flinn operated a business known as Harvey Investment Co., Inc./High Risk Loans. Flinn worked as a loan broker, matching
    12·1 answer
  • There are three reasons for the downward slope of the demand curve:
    6·1 answer
  • Susan is a new management trainee at Barney's Bats, Inc. She has just graduated with her bachelor's degree in management and is
    14·1 answer
  • A characteristic found only in oligopolies is products that are slightly different. interdependence of firms. break even level o
    13·1 answer
  • Goods are typically tangible while ____ are typically intangible
    5·1 answer
  • Which is the most common method for calculating credit card balances? A. Previous balance method, B. Adjusted balance method, C.
    11·2 answers
  • Select all that apply Workplace diversity benefits:
    10·2 answers
  • According to Fred Luthans and his associates' study of 450 managers, ________ made the largest contribution to the success of ma
    11·1 answer
  • If the government and Central Bank don't use economic policy, what could happen?
    7·1 answer
  • Adam was unable to finish high school because he needed to go to work to help his family financially. what type of influence doe
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!