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bija089 [108]
2 years ago
9

Fracking is the process by which oil is extracted from underground using a high-pressure water mixture. This procedure probably

causes earthquakes as a result of the wastewater that is injected back underground. As a result, several cities and states have banned fracking operations, while others have proposed regulations on how fracking should be conducted. How do new regulations affect the costs of doing business
Business
1 answer:
fredd [130]2 years ago
6 0

Answer:

New regulations can increase the cost of doing business because the business owner may have to modify the production of the goods and services.

Explanation:

The cost of doing this business will be seen to increase because as it is been done by everyone in the past years; its mode of operation has been directly sanctioned and as a result, new modalities are been adopted. This is seen in cases where the wastewater that are been produced can be channeled to different waste systems and also these high pressure water system management patterns will be seen to be adjusted too. Having said this, these new modalities can increase the cost of doing business because the business owner may have to modify the production of the goods and services.

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What are the goals of CRM and social media marketing
NikAS [45]

Answer:

A company moves their focus onto customers who are active on different social media platforms, to both offer customer service on social channels, and to optimize their own service by collecting customer data via these channels. The long-term goal of Social CRM is to increase customer satisfaction and revenue.

Explanation:

6 0
3 years ago
Axcel software began a new development project in 2020. the project reached technological feasibility on june 30, 2021, and was
Neporo4naja [7]

The amortization of the software development costs for the year 2022 would be $5,60,000.

<h3>What is Amortization?</h3>

Amortization is the process of repaying a debt in equal amounts over time. A portion of each payment is applied to the loan principal, while the remainder is applied to interest.

When a mortgage loan is amortized, the amount paid toward principal begins small and steadily increases month after month.

<u>Computation</u>:

According to the given information,

The revenues of 2022 from the sale of new software(Sales Revenue)= $4,000,000.

Anticipated Additional Revenues = $6,000,000

Then, the total revenue is :

\text{Total Sales} = \text{Sales Revenue + AAR}\\\\\text{Total Sales} = \$4,000,000+ \$6,000,000\\\\\text{Total Sales} = \$10,000,000

Then, the percentage of Total Revenue would be:

\text{Percentage of Total Revenue} = \dfrac{\text{Sales Revenue}}{\text{Tota Revenue}}\\\\\text{Percentage of Total Revenue} = \dfrac{\$4,000,000}{\$10,000,000}\\\\\text{Percentage of Total Revenue} = 40\%

Then, the Cost incurred from June to the date of product release =

Therefore, the amortization of the software development costs for the year 2022:

=\text{Cost incurred to product release} \times \text{percentage of Total Revenue}\\\\=\$1,400,000 \times 40\% \\\\=\$5,60,000

Learn more about the Amortization, refer to:

brainly.com/question/24232991

$SPJ1

5 0
2 years ago
Splish Corporation has retained earnings of $721,100 at January 1, 2020. Net income during 2020 was $1,562,700, and cash dividen
Vitek1552 [10]

Answer and Explanation:

The preparation of the retained earnings statement is presented below:

Opening retained earning balance $721,100

Add: prior period adjustment $86,370

Add: net income $1,562,700

Less: dividend paid $79,000

Ending retained earnings $2,291,170

The above items would be added and deducted that increase and decrease the retained earnings balance

4 0
3 years ago
If the USA could produce 1 ton of potatoes or 0.5 tons of wheat per worker per year, while Ireland could produce 3 tons of potat
Anuta_ua [19.1K]

Answer:

A. The USA specializes in potatoes because of its comparative advantage in producing potatoes.

Explanation:

US         1 ton of potatoes or 0.5 tons of wheat = 2

Ireland  3 tons of potatoes or 2 tons of wheat = 1,5

8 0
3 years ago
In 2-3 sentences, describe three aspects of a free market economy.
kkurt [141]

The three primary aspects of a free market could include private ownership of everything for sale, free-floating forces of supply and demand, and a man secretly in charge of everything. <span>A free market economy is a type of economic system whereby supply and demand, with a minimum of involvement on the part of a government drive the forward movement of the economy.</span>

8 0
3 years ago
Read 2 more answers
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