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3 years ago

What are four common types of changes and trends that can offer business opportunities?

2 answers:

8 0

Some of the changes that may pose a great opportunity for business are: (1) change in the demands of the consumers (it may be in style, taste, etc) (2) rapid technology, (3) global banking opportunities, and lastly (4) government enhancing ties with the private owners of different business units.

dalvyx [7]3 years ago

3 0

<h2>Answer:</h2>

Below re some common trends and changes to offer opportunities to any business:

Emerging Markets: New markets would allow the business to experiment in different areas and introduce numerous product lines.
Changing Demands: Consumers now a days are very choosy and picky, as they have a variety of options available, hence to forecast these demands and present a product as per those will give a competitive edge to the business over others.
Technology: Rapid changes in technology allows the business to experiment and provides new opportunities.
Globalization: Expanding business provides new and greater opportunities, as they tend to cater new segment of customers.

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Gre4nikov [31]

Answer:

COGS= $81,146.88

Explanation:

Giving the following information:

Your company has sales of $93,600 this year and the cost of goods sold of $64,700. You forecast sales to increase to $ 117, 400 next year.

First, we need to calculate the percentual participation of cost of goods sold:

%COGS= 64,700/93,600= 0.6912= 69.12%

<u>Now, using the same percentage, we calculate the cost of goods sold for the estimated new sales:</u>

COGS= 117,400*0.6912= $81,146.88

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3 years ago

Indicate with the appropriate letter the nature of each adjustment described below: Type of Adjustment A. Change in accounting p

julia-pushkina [17]

Answer:

A. Change in accounting principle (reported retrospectively) - PR

B. Change in accounting principle (exception reported prospectively) - PP

C. Change in estimate - E

D. Change in estimate resulting from a change in accounting principle - EP

E. Change in reporting entity - R

F. Correction of an error - N

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3 years ago

True or false: If Dogs R Us overstates ending inventory on the balance sheet, then total equity on the balance sheet will be ove

ANEK [815]

Answer:

True

Explanation:

The statement is true

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2 years ago

Markets may have difficulty providing the proper quantity of a public good because Group of answer choices individuals will tend

Mariulka [41]

Answer:

individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.

Explanation:

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue

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3 years ago

Ellis issues 8.0%, five-year bonds dated January 1, 2018, with a $530,000 par value. The bonds pay interest on June 30 and Decem

Ket [755]

Answer:

1. Total interest rate is $166,790

2. Refer to the attached file for the straight-line amortization table for the bonds' life.

To record interest rate paid in 30th June 2018:

Dr Interest expenses 16,679

Dr Premium on bond payable 4,521

Cr Cash 21,200

To record interest rate paid in 31st Dec 2018:

Dr Interest expenses 16,679

Dr Premium on bond payable 4,521

Cr Cash 21,200

Explanation:

Total interest rate as followed : Interest payment - Premium on bond payable = 530,000 x 8% /2 x 10 - (575,210 - 530,000) =166,790.

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3 years ago