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Blaze Corp., a car company, shared its costs of producing cars. It did so by introducing the production of car accessories that

Ber [7]

The scenario above that describes Blaze Corp's strategy is best known as Economies of Scope.

Economies of Scope:

Refers to producing multiple goods in order to make savings on costs
Is possible when the cost of producing multiple goods is less than the cost of producing those goods individually

Blaze Corp. is selling both car and car accessories and as such, is making cost savings on research costs. This is therefore economies of scope because savings are being made by producing multiple goods.

In conclusion, this scenario best shows economies of scope.

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6 0

2 years ago

Complete the statement using the correct term.

Dahasolnce [82]

Answer:

they are all examples of programming language

4 0

3 years ago

The spread of the coronavirus in the U.S. has had negative effects on the U.S. economy. GDP growth rate went negative (-5.8%) in

Oksi-84 [34.3K]

Answer:

The Coronavirus pandemic took the world by surprise and most people were not ready for the far reaching quarantine measures that were put in place. These measures along with the general fear of the disease meant that Consumers were demanding less of goods and services which had the effect of shifting the Short Run Demand curve to the left.

The world also saw travel restrictions put in place which were a serious blow to international commerce because suppliers found it hard to source goods. This reduced the supply of goods and services which also meant that the Short Run Aggregate Supply Curve shifted to the left as well.

The New Equilibrium led to a way lower output at Y¹ which is shows why GDP growth fell into negative.

As a result of decreased output and quarantine measures, companies could not afford to keep their employees and had to let go of a lot of them. This is why the Unemployment rate went up as well.

3 0

4 years ago

Grand River Corporation reported taxable income of $500,000 in year 1 and paid federal income taxes of $105,000. Not included in

kondor19780726 [428]

The corporation's current earnings and profits for year one would be (A) $354,000.

<h3>What is taxable income?</h3>

The base on which an income tax system levies tax is referred to as taxable income.
In other words, the income is subject to taxation by the government.
In general, it includes some or all elements of income before costs and other deductions are deducted.
Income, costs, and other deductions differ depending on the country or system.
Many systems stipulate that certain types of income are not taxable (also known as non-assessable income) and that certain expenses are not deductible when calculating taxable income.
Some systems base tax on current-period taxable income, while others base it on prior-period taxable income.

<h3>To find the current earnings and profit for one year:</h3>

Income + Installment sale = 500,000 + 25,000 = $525,000

Income taxes + tax-exempt income = 170,000 + 1000 = $171,000

525,000 - 171,000 = $354,000

Therefore, the corporation's current earnings and profits for year one would be (A) $354,000.

Know more about taxable income here:

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Complete question:

Grand River Corporation reported taxable income of $500,000 in year 1 and paid federal income taxes of $170,000. Not included in the computation was a disallowed meal and entertainment expense of $2,000, tax-exempt income of $1,000, and deferred gain on an installment sale of $25,000. The corporation's current earnings and profits for year 1 would be:

A) $354,000.

B) $524,000.

C) $500,000.

D) $331,000.

7 0

2 years ago

Investment advisors at your local bank branch office

TEA [102]

Answer:

Financial advisor.

Explanation:

A financial advisor is an investment advisor at your local bank branch office. They are licensed professionals with the ultimate responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.

3 0

3 years ago