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Blababa [14]
4 years ago
11

Finder Technologies Inc. has manufacturing units in Canada. The country's stable economic and political environment helps the fi

rm gain competitive advantage by lowering production costs and improving product quality. Other things being equal, the benefits realized from such a strategy can be typically referred to as
Business
1 answer:
Lena [83]4 years ago
3 0

Answer:

Location Economies

Explanation:

Location economies is a phenomenon which helps the organization gain advantage due to its location which means it enjoys favorable PESTLE factors of a country. Favorable PESTLE factors include political, economical, social, technological, legal and environmental factors.

In the question, it is clear that the Canadian economic policies and stable political environment has led the industries to grow due to business easing policies of the country. Hence Finder Technologies Inc. has enjoyed Location Economies phenomenon.

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A company had net sales of $752,000 and cost of goods sold of $543,000. Its net income was $17,530. The company's gross margin r
irina1246 [14]

Answer:

The gross margin ratio is 27.8%

Explanation:

Gross Margin is an indicator of whether a company is running an efficient operation and if its sales are good enough

The formula for calculating gross margin ratio is

Total revenue - cost of goods sold ÷ total revenue  x 100

Total revenue = $752,000,

Cost of goods sold = $543,000

therefore  gross margin ratio

$752,000 - $543,000 = $209,000

$209,000 ÷ $752,000 =  0.2779

0.2779 × 100 =  27.79 ≅ 27.8%  

8 0
3 years ago
Divided Fantastic Frames sells its frames for $15 per unit. Variable costs total $6 per unit, and fixed costs total $90,000. If
denis-greek [22]

Answer:

An increased of $18,000

Explanation:

$15 per units

Variable costs $6

Increased in unit sold $2,000

Therefore;

(15-6)=9

9×2,000= $18,000

7 0
3 years ago
What account below is not an asset?
KiRa [710]

Answer:

A. Capital Stock

Explanation:

Accounts are categorized following the accounting equation of assets are equal to equity plus liabilities. Asset accounts track and record the resources that a business owns or controls. Assets being the valuable items that a business uses to generate income or maintain operations.

Equity represents the owner's interest in the business. It comprises capital contributions and retained earnings. Capital stocks belong to equity accounts and not asset accounts.

8 0
3 years ago
Which of the following is a characteristic of perfect competition? Group of answer choices many sellers and few buyers many buye
Diano4ka-milaya [45]

Answer:

The correct answer is letter "D": buyers and sellers having all relevant information.

Explanation:

Perfect Competition is a theoretical market structure in which competition is at the highest possible level. These five (5) elements contain a perfectly competitive market: <em>all firms sell the same product, all firms are price-takers, all firms have relatively small market shares, buyers have complete product and price information, </em>and <em>the industry is characterized by low or no barriers to entry and exit.</em>

6 0
3 years ago
You hold bonds issued by the city of Sacramento, California. The interest you earn each year on these bonds a. is not subject to
Anna35 [415]

Answer: a. is not subject to federal income tax and so these bonds pay a lower interest rate than otherwise comparable bonds issued by the U.S. government

Explanation:

Federal income taxes are the taxes that are used in the provision of national programs like settling national debt, infrastructural development, national defense, law enforcement etc.

If an individual owns bonds that are issued by the city of Sacramento, California, it should be noted that the interest that is earned each year on these bonds is not subject to federal income tax and so these bonds pay a lower interest rate than otherwise comparable bonds issued by the U.S. government. Comparable bonds that are being issued by the United States government pay an higher interest.

5 0
3 years ago
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