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Yuri [45]
2 years ago
12

Ashton lives in a suburb of the city. It seems new businesses are opening up every month in the downtown area—most are quaint ea

teries that sell everything from sandwiches to small plates to desserts. Ashton has just graduated culinary school and plans to open an eatery downtown as well, given the eatery’s growing popularity there. However, ashton’s marketing consultant advises against this idea because of the downtown area’s:.
Business
1 answer:
pychu [463]2 years ago
5 0

Ashton’s marketing consultant advises against this idea because of the downtown area’s level of competition.

<h3>What set the level of competition?</h3>

The conditions that is known to determine the level of competition in a given market at a particular area is said to be the number and the size of buyers and sellers.

There are different types of competition in a free market system. They are:

  • Perfect competition
  • Monopolistic competition
  • Oligopoly
  • Monopoly.

Learn more about level of competition from

brainly.com/question/1263388

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The principle of exceptions allows managers to focus on correcting variances between.
Nezavi [6.7K]

Answer:

The principle of exceptions allows managers to focus on correcting variances between standard costs and actual costs.

8 0
2 years ago
Laverne purchased a new piece of equipment to be used in its new facility. The $355,000 piece of equipment was purchased with a
Radda [10]

Answer:

Yr. amount Interest payment balance

1. 319,500 22365. (77923). 263,942

2. 263,942.18,476. (77,923). 204,495

3. 204,495 14315. (77923). 140,887

4. 140,887. 9862 (77923). 72,826

5. 72826. 5098. (77,923). 1

Explanation:

The interest charge is on the total amount due at the end of the year which is assumed to have been made available to the debtor, the annual payment is deducted from the addition of interest and principal due and the balance due is brought forward to be defray in subsequent years. The balance is expected to show zero but the balance of one shown is a roundup error.

8 0
3 years ago
A software developer enters into a contract with a new customer to sell a software license and perform installation services. Th
Troyanec [42]

Answer:

A. Three performance obligations: 1. software license 2. installation support 3. technical support services

Explanation:

Under the ASU 2014-09, the obligations of the software developer includes software licensing, installation support as well as technical support services.

This is necessary because the software being developed is peculiar to the company that the software is being made for and as such would require that the software gets licensed by the appropriate council or board, assist with installing the software until personnel have been trained and/or contract expires and also provide support services for the software should it run into any problem while in use.

Cheers

3 0
3 years ago
The panic of 1819:
STALIN [3.7K]
<span>The Panic of 1819 was the result of over-speculation on newly available western lands, which led to high prices on land and banks foreclosing on western lands. It caused an international financial crisis.</span>
3 0
3 years ago
XOLO Ltd. sold its stocks at a face value of $10. The stocks presently have a market value of $45. The earning per share (EPS) i
miss Akunina [59]

Answer: C

Explanation:

dividing a company's current stock price by its earnings per share (EPS)

45/2.25=20

4 0
3 years ago
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