1. A creditor's claim to the property of an individual or business is called

Potomac Industries is a manufacturer of high-definition televisions. The industry has gone through a period of rapid growth and

scZoUnD [109]

Answer:

Option B. Implement process innovations that lower per unit costs

Explanation:

The reason is that the controlling cost will give cost advantage over the competitors and will let the company to compete at a better platform making greater number of sales and driving maximum sales which will also give economies of scale. Economies of scale is the benefits of additional costs savings that comes with the additional manufacturing of the product which means that greater the manufacturing the greater would be the savings of costs. So economies of scales give competitive advantage over the rivals so the correct option is B.

8 0

4 years ago

Read 2 more answers

You view tea and scones as perfect complements, and you prefer to consumer one cup of tea with one scone. Also, your indifferenc

vodka [1.7K]

Answer:

Infinity

Explanation:

In the case when the tea and scones are considered to be the perfect complements also you give preference one cup of tea over the one scone

Plus the indifferent curve with tea should be plotted on the vertical axis

So in the case when there is 2 cups of tea with one scone so at this point, the MRS should be at infinity as the indifference curve should be in downward sloping because we presume that there is preferences done at monotonicity

8 0

3 years ago

1. David has a monthly net income of $1,360. His fixed monthly expenses consist of a rent

zalisa [80]

Answer:

The largest monthly payment he can afford for the T.V set in order to be kept within a safe load of 20% is $156

Explanation:

Before we calculate, let us extract the key information from this question:-

*** David's monthly net income is $1,360

*** David pays a monthly rent of $450

*** He is paying off a student loan which costs him $116 per month.

*** He intends purchasing a new T.v set

*** We are simply required to determine the largest monthly payment that David can afford for the T.v set in order for him to be kept within a safe load of 20%.

In order to calculate the largest monthly payment that he can afford for the T.v set so as to be kept within a safe load of 20%, we will need to determine the actual amount that is twenty percent of his net income. If his net income is $1,360 then twenty percent of it is:

20/100 × 1360

= 27200/100

= $272

All we need to do now to find the largest monthly payment he can afford for the TV set is to subtract the student loan that he is paying off monthly ($116) from twenty percent of his net income ($272). That is:-

$272 - $116 = $156

Therefore the largest monthly payment that David can afford for the television set in order for his credit card payments and student loan to keep him within a safe debt load of 20% is $156.

6 0

3 years ago

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Universal containers has an extensive distributor and reseller community. to help manage this partner network, the company is im

JulijaS [17]

<span>Partner users should be able to own account and opportunities. This will make the partner users feel valued and involved. The sharing model should also be checked and assessed when the partner portal is turned on. This is done to make sure the model is correct and well adjusted to the partner portal.</span>

4 0

3 years ago

On November 1, 2021, Green Valley Farm entered into a contract to buy a $150,000 harvester from John Deere. The contract require

pickupchik [31]

Answer:

The multiple choices are missing from the question as shown below:

credit to Accounts Receivable for $150,000

credit to Sales Revenue for $150,000.

credit to Unearned Sales Revenue for $150,000.

debit to Unearned Sales Revenue for $150,000.

The correct option is credit to unearned sales revenue of $150,000

Explanation:

The accrual concept of accounting used by professionals the world over,requires that revenue be recognized when the seller has discharged his obligations to the buyer,that when goods are delivered to the buyer.

However, the upfront of receipt of cash by John Deere cannot be termed sales since the obligation of delivering harvester has not been fulfilled,as a result the amount received would termed unearned sales revenue, a liability until the delivery takes place.

The appropriate entries are :

Dr Cash $150,000

Cr Unearned sales revenue $150,000

3 0

3 years ago