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spin [16.1K]
3 years ago
11

Concord Corporation is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Concord made

payments to the construction company of $3078000 on 7/1, $6384000 on 9/1, and $5950000 on 12/31. Weighted-average accumulated expenditures were
Business
1 answer:
Daniel [21]3 years ago
5 0

Answer:

$3,667,000

Explanation:

Calculation for Weighted-average accumulated expenditures

Weighted-average accumulated expenditures =($3,078,000 × 6/12) + ( $6,384,000× 4/12)

Weighted-average accumulated expenditures =$1,539,000+$2,128,000

Weighted-average accumulated expenditures =$3,667,000

Therefore the Weighted-average accumulated expenditures were $3,667,000

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Real per capita GDP in South Korea in 1957 was about $400, but it doubled to about $800.00 by 1978. a. What was the average annu
miskamm [114]

Answer:

3.33%

Explanation:

Data provided in the question:

Real per capita GDP in South Korea in 1957 = $400

per capita GDP in South Korea in 1978 = $800

Total number of years taken to double the GDP = 21 years

Now,

Using the Rule of 70, which states that

Number of years to double the GDP = 70 ÷ (average annual economic growth rate )

thus,

21 years = 70 ÷ average annual economic growth rate

or

Average annual economic growth rate = 3.33%

3 0
4 years ago
Belinda has found a business opportunity she believes will be​ successful, but there are already a couple companies in that mark
Pavel [41]

Answer: Option D              

Explanation: Competitive advantage refers to situation when an organisation gets favorable advantage in the market over its competitors.

   In the given case, Belinda is trying to establish business in the industry which already has heavy competition. Therefore, if she wants to establish a customer base, she must need some competitive advantage so that she can operate with low profits initially.

Hence from the above we can conclude that the correct option is D.  

6 0
3 years ago
A car dealer advertises a rock-bottom price for a sports utility vehicle that usually goes for $1,000 or more. When you get to t
maria [59]

Answer:

b. bait pricing

Explanation:

Bait pricing strategy is one that is aimed at attracting customers by presenting a price that is lower than the actual value of a product. Usually the product is limited in quantity and when buyers come in they are convinced to buy something else.

This is considered an illegal means of marketing.

I'm the given instance when the customer got to the dealership the salesperson can't find that particular car on the lot, saying maybe it was sold this morning before he got in. The salesperson offers a higher-priced car.

This is bait pricing strategy.

3 0
3 years ago
The simple case of a fixed per-unit tax is indicative of more complicated ones. consider a proportional sales tax and a progress
mars1129 [50]

<span>The tax revenues and quantities produced compare in these various cases in a way of the said proportional tax. The proportional tax is a type of tax processes and system that need the percentage of equal value and it came from the people who pay tax.</span>

8 0
4 years ago
In the construction of a new housing development, which factor of production can be categorized as land?
yawa3891 [41]

I think it would be this answer

the people working to develop the communityb.bike paths and storesc.solar powerd.the idea to develop the housing community

6 0
3 years ago
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