Answer:
Complete information
Explanation:
A limiting pricing can be described as a strategy that is employed by an incumbent to prevent entry by maintaining a price lower than the monopoly price.
In situation whereby there is completion information, it will be more difficult for an incumbent to successfully engage in limit pricing because knowledge about the incumbent, the market, product, and others is available to others.
Answer and Explanation:
The effect of the given transaction is shown in the attachment below. Please find the attachment
As we know that
Accounting equation is
Total assets = Total liabilities + total stockholder equity
So,
1. In the first transaction there is an increased in assets by $29,000 and decreased the assets by $29,000 plus the same is to be recorded in the operating section of the cash flow statement
2. In the second transaction, there is decreased in asset for $49,020 also the retained earning is also decreased by same amount plus there is a bad debt expense also
Success is subjective. For some, success is their income, for others it is the size of their house, for some it is what car they own, for some it is what kind of family life they have, for some it could be how happy they feel on a daily basis (basically if they are happy or not), etc. Success for a person may depend on their dreams and goals.
For a Business, success could be either maximizing profits, or maximizing sales, or maximizing customer satisfaction, or maximizing shareholder/owner satisfaction, or maximizing employee satisfaction, etc. Success for a Business depends on its corporate objectives.
Answer: Matrix
Explanation:
The matrix organizational structure is one of the type of company structure that producing various types of products and the services by an organization and the reporting relations are get up according to the company matrix.
In this system the employees report both functional manager and as well as the project manager.
The main advantage of the organizational matrix is that it helps in create the large scale projects more efficiency by organizing the each functional structure in an organization effectively.
Therefore, Matrix is the correct answer.
Answer: (a)Dr: Cash $23,000, Cr : Machine $23,000, (b) Dr : Cash $92,000, Cr : Machine $92,000, (c) Dr: insurer $33,500, Cr: Machine $33,500
Explanation:
(a) The journal entry will be
Dr: Cash $23,000
Cr : Machine(Asset) $23,000
(b) The journal entry will be
Dr: Cash $92,000
Cr: Machine (Asset) $92,000
(c) The journal entry will be
Dr: insurer $33,500
Cr Machine( Asset ) $33,500
