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2 years ago

A $25,000 price tag on a new car is an example of money as

Business

1 answer:

krok68 [10]2 years ago

3 0

Answer:

<em>THE ANSWER IS OPTION B </em>

Explanation:

<em>MEDIUM OF EXCHANGE</em>

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This first-mover advantage occurs when a company can significantly _______ its market share by being first with a new competitiv

horrorfan [7]

This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.

<h3>What are the important competitive advantage?</h3>

Competitive advantage will give a market an edge over another market.

This is because market are mostly competitive in nature and when an individual is performing better in terms of profit and reduced expenses then the Market is at advantage.

Therefore, this first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.

This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.

Learn more on competitive advantage below

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8 0

1 year ago

On March 1, 2021, Brown-Ferring Corporation issued $100 million of 12% bonds, dated January 1, 2021, for $99 million (plus accru

iris [78.8K]

Answer and Explanation:

1. The amount of the accrued interest rate is

= Principal × rate of interest × time period

= $100,000,000 × 12% × 2 months ÷ 12 months

= $2,000,000

The 2 months are considered from December 31 to March 31

2. And, the journal entry is

Cash Dr $101,000,000 ($99,000,000 + $2,000,000)

Discount on bond payable $1,000,000

To Bond payable $100,000,000

To Interest payable $2,000,000

(being the issuance of the bond is recorded)

Here it debited the cash as it increased the assets and credited the bond payable and interest payable as it also increased the liabilities

7 0

3 years ago

Emerald Co. uses a perpetual inventory system and records purchases of merchandise at net cost. The company recently purchased 2

STALIN [3.7K]

Answer:

Credit to cash for $3,000

Explanation:

Based on the information given the appropiate the journal entry to record payment of this invoice after the discount period has expired is: CREDIT TO CASH FOR $3,000 which is calculated as (1/2*$6,000).

Credit to cash for $3,000

(To record payment of invoice after the discount period has expired)

6 0

3 years ago

Consider luxury weekend hotel packages in las vegas. When the price is $250, the quantity demanded is 2,000 packages per week. W

Aleonysh [2.5K]

Answer: Elasticity of luxury weekend hotel packages in las vegas is -1.432.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price of the good.

Mid point method-

$e=\frac{Q2-Q1}{\frac{Q1+Q2}{2} } * \frac{\frac{P1+P2}{2} }{P2-P1}$ $e=\frac{1700-2000}{\frac{2000+1700}{2} } * \frac{\frac{280+250}{2} }{280-250}$

$e=\frac{-300}{1850} } * \frac{265}{30}$

$e= -0.16216*8.8333$

$e= -1.432$

Elasticity of luxury weekend hotel packages in las vegas is -1.432.

5 0

2 years ago

Which of the following refers to the availably of resources that make doing business with that country possible? A. Competitive

polet [3.4K]

Answer:

B. Economic infrastructure

Explanation:

Economic infrastructure -

It is the activities and the facilities that helps the development and operations of various sectors of the society , is referred to as economic infrastructure.

Economic infrastructure plays a major role in the proper functioning of the economy.

The enables to increase the productivity of the economy .

Hence, from the given statement of the question,

The correct option is B. Economic infrastructure .

7 0

2 years ago