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3 years ago

Analysis of market share is a key to understanding the firm's:

Business

1 answer:

Alik [6]3 years ago

8 0

Analysis of market share is a key to understanding the firm's:

O a. competitive environment.

O b. demographic strengths.

O c. social and cultural environment.

O d. technological environment

answer is A

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The opportunity cost of an action is

gogolik [260]

Answer:

d. the highest valued alternative forgone as the result of choosing an option

Explanation:

An opportunity cost is anything that you sacrificing one thing for the other due to lack of recources and Scarcity of time

For example leisure time and working hours

6 0

3 years ago

Last year, Myron purchased a $10,000 certificate of deposit with a 3% rate of interest from his bank. The government reported th

Reil [10]

Answer:

Option C is the right answer

Explanation:

In this question, we are asked to state what happens in a transaction given some level of information.

Firstly, we need to understand what a certificate of deposit is. A certificate of deposit referred to as CD is a kind of bank product that stipulates that a customer has agreed to leave a certain amount of money in the bank for a particular period of time untouched at an interest rate higher than normal and otherwise tagged as premium.

Now, it must be stated that it was after he was issued that there was a drop in prices. Whatever happens during the drop will not affect him and would be the bank’s concerns simply because his own rate had been predetermined and nothing could change this as he had been issued a contract to that affect.

A drop in price will thus make his initial deposits higher now since there is a drop in price will generally, the bank will bear the brunt of the drop in price hence, losing

6 0

4 years ago

What effect will firms entering have on the market price? When firms enter , A. the marginal cost of production will decrease

Vitek1552 [10]

Answer:

Explanation:

when firms enter into an industry, there are more firms competing for customers. This would shift the demand curve to the right as supply increases. An increase in supply would lead to a reduction in price.

If firms leave the industry, there would be a reduction in supply and price would increase

3 0

3 years ago

The ledger of Mai Company includes the following accounts with normal balances as of December 31: Common Stock $9,000; Dividends

Molodets [167]

Answer:

Dec 31 Dr Service Revenue 13,000

Cr Income Summary 13,000

Dec 31 Dr Income Summary 10,000

Cr Wages Expense 8,400

Cr Rent Expense 1,600

Dec 31 Dr Income Summary 3,000

(13,000-10,000)

Cr Retained Earnings 3,000

Dec 31 Dr Retained Earnings 800

Cr Dividends 800

Explanation:

Preparation of its December 31 closing entries.

Dec 31 Dr Service Revenue 13,000

Cr Income Summary 13,000

(Being to close revenue account)

Dec 31 Dr Income Summary 10,000

(8,400+1,600)

Cr Wages Expense 8,400

Cr Rent Expense 1,600

(Being to close expense account)

Dec 31 Dr Income Summary 3,000

(13,000-10,000)

Cr Retained Earnings 3,000

(Being to close net income/loss)

Dec 31 Dr Retained Earnings 800

Cr Dividends 800

(Being to close dividends)

4 0

3 years ago

Four thousand bonds with a face value of $1,000 each, are sold at 104. The entry to record the issuance is Group of answer choic

Arisa [49]

Answer:

Dr Cash 4,160,000

Cr Premium on Bonds Payable 160,000

Cr Bonds Payable 4,000,000

Explanation:

Preparation of the entry to record the issuance

Based on the information given The entry to record the issuance is:

Dr Cash $4,160,000

[(4000*1000)*104%]

Cr Premium on Bonds Payable $160,000

($4,160,000-$4,000,000)

Cr Bonds Payable $4,000,000

(4000*1000)

(To record the issuance)

4 0

3 years ago