Answer:
crowding out new entrants
Explanation:
Based on the information provided it can be said that in this scenario the company is trying to create a barrier to entry by crowding out new entrants. This is a technique in which a company introduces various variations of a product into the market so that consumers are more likely to buy one of their products instead of another company's similar product.
Answer:
The capital market stakeholders and organisational stakeholders.
Explanation:
In this scenario William Ackman owned a large share of J.C. Penney stock, and also a member of the J.C. Penney board.
He had disclosed information about the company which was in breach of his boardroom duties.
There is a conflict for William in his roles as a capital market shareholder and a organisational stakeholders.
As a shareholder he has the freedom to disclose information about the company, but as a organisational stakeholders his obligation is to protect the company by not disclosing information about the CEO search and financial condition of the company.
It would be part of <span>controlling</span>
Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
Answer:
$38,880
Explanation:
The calculation of direct material to be purchased is shown below:-
Direct materials to be purchased = (Budgeted Production × Number of raw material per unit) + Ending inventory - Beginning inventory
Direct materials to be purchased = (870 × 44) + 4,500 - 3,900
= $38,280 + 4,500 - 3,900
= $38,880
So, for calculating the direct material to be purchased we simply applied the above formula.
