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3 years ago

Why would a business owner lower the price of a product?

Business

2 answers:

svetoff [14.1K]3 years ago

7 0

Answer:

C. Because the product is in less demand

Explanation:

APEX

Gnesinka [82]3 years ago

6 0

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Which best describes what a market index does?

elixir [45]

Answer:

A market index is an indicator of the price movement of a certain sector in an economy. Statistical measures are used to average and calculate these numbers. Consumer price index, down Jones industrial average and s&p 500 are the most famous indices.

These factors affect the stock prices,

market performance

the company’s financial health

the economy

Overall market and industry performance allomg with.the functioning capacity of the overall economy has a tremendous impact on the stock prices as well. Mainly it affects the foreign investments.

Explanation:

4 0

3 years ago

What is a typical first transaction for a business?

sammy [17]

Answer:

In summary, that first business transaction involved the exchange of goods and/or services between buyers and sellers. Initially it probably took place in the context of kin altruism and later expanded to reciprocal altruism.

Explanation:

3 0

3 years ago

In late April, the Acme Construction Co. submitted a $1,200,000 progress billing on a construction contract.On May 2, the bill w

patriot [66]

Construction expenditures should be debited when <u>D. The bill is approved for payment.</u>

<u>Explanation:</u>

In the above scenario, Acme Construction Co. submitted bill amount of $1,200,000 on a construction contract. The payment of the bill was approved on May 2. According to the contract, 10% was subject to retention.

This construction expenditure is debited when the bill is approved for payment. Contract includes all the details regarding payment and terms and conditions between the companies or parties.

Once the bill submitted by company is approved, then the retention amount will be automatically debited.

8 0

3 years ago

Elizabeth's minimum monthly payment on her credit card is the higher of 2.5%

Vaselesa [24]

Answer:

$145

Explanation:

Minimum monthly payment at the rate of 2.5%

= 2.5/100 × $5,800

=$145

Between $12 & $145,

$145 is higher hence will be the minimum amount Elizabeth must pay to keep her account in good standing.

6 0

3 years ago

A proposed new project has projected sales of $219,000, costs of $96,000, and depreciation of $26,000. The tax rate is 23 percen

zloy xaker [14]

Answer and Explanation:

The computation of the operating cash flow using the four different approaches is shown below:

1. EBIT + depreciation - taxes approach

But before that the net income would be

Sales $219,000

Less cost -$96,000

Less depreciation -$26,000

EBT $97,000

Less tax at 23% -$22,310

Net income $74,690

Now the operating cash flow is

= EBIT + depreciation - taxes

= $97,000 $26,000 - $22,310

= $100,690

2. top down approach

= Sales - cost - taxes

= $219,000 - $96,000 - $22,310

= $100,690

3. Tax shield approach

= (Sales - cost) × (1 - tax rate) + tax rate × depreciation expense

= ($219,000 - $96,000) × 0.23 + 0.23 × $26,000

= $94,710 + $5,980

= $100,690

4. Bottom up approach

= Net income + depreciation

= $74,690 + $26,000

= $100,690

6 0

3 years ago