Answer: slow cycle
Explanation:
Based on the information given, Ajax can enjoy sustained competitive advantage because they are in a slow cycle market.
Slow-cycle markets refers to the markets whereby the competitive advantages of a firm are protected from imitation, which is usually for long periods of time and in this scenario, imitation is usually costly. Therefore, in this market, competitive advantages are usually sustainable
<u>Full question:</u>
GR8 Marketing Company and Brainfreeze Tunes, Inc., sign a document that states GR8 agrees to create a marketing campaign for Brainfreeze, which agrees to pay GR8 for the service. GR8 and Brainfreeze have...
a. an executed contract.
b. an express contract.
c. an implied contract.
d. a quasi contract.
<u>Answer:</u>
GR8 and Brainfreeze have express contract
<u>Explanation:</u>
An express contract is a deal whose sessions the participants have explicitly fixed out. This is additionally termed as a special contract. In an express contract, all the details would be explicitly stated. It necessity shows a proposal and complete acceptance and be revealed in an easy-to-understand way.
In this, the expressions are marked explicitly and correctly, and they are based on these terms slightly than the behaviors, activities, and obvious purposes of the parties. Any effort to change or modify the agreement is a counter-offer, not recognition of an express contract.
Answer: a). Debit Factory Payroll Payable $160,000; credit Cash $160,000.
Explanation: Direct labor refers to the manpower used in production. They are the factory workers involved in using the raw materials to produce finished goods.
Expense on direct labor is provided for during the production by a debit to factory payroll expense and a credit to factory payroll payable.
As such, the journal entry will be a debit to factory payroll payable $160,000 and a credit to cash $160,000. This means cash will reduce by $160,000 as the factory workers are paid while payables which is a provision account will reduce as well on the cash book by the same amount.
Hey...Im pretty sure its D ;p i hope i helped
The answer would be, "<span>Longer response times, sometimes six to eight weeks".</span>