Advertising is a technique used by firms in monopolistic competition to create product differentiation. The goal of product differentiation and advertising in monopolistic competition is to make sure the the market is under control, and as a result, charge a higher price
Explanation:
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Answer:
$556,000
Explanation:
Beginning retained earnings (2017) + net income - stock dividend - cash dividend = Retained earnings (2018)
1,440,000 + 1,000,000 - 720,000 - cash dividend = 1,164,000
Cash dividend = 1720000−1164000
= $556000
Answer:
$62,160
Explanation:
Calculation for the operating cash flow
Using this formula
Operating cash flow=Pro forma net income+Incremental depreciation
Let plug in the formula
Operating cash flow = $45,930 + 16,230
Operating cash flow = $62,160
Therefore the operating cash flow will be $62,160
C. an employee workin on a piece-rate basis
Open pit mining
<span>Open-pit mining is
a process by which a cut is made on the surface of the earth to form an
open pit from which rocks and minerals (such as gold and coltan) can be
extracted. Open pit mining has the advantages of being economical and less
risky for miners since they are not subject to toxic fumes or working in caves.</span>