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12345 [234]
3 years ago
9

2.

Business
2 answers:
spayn [35]3 years ago
8 0

Answer:

The Northern hemisphere is tilted away from the sun

Zolol [24]3 years ago
5 0
The Northern hemisphere is tilted away from the sun
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Crane Company purchased a new machine on October 1, 2017, at a cost of $89,920. The company estimated that the machine has a sal
Nadya [2.5K]

Answer:

2017 depreciation expense= 10,060*3/12=$2,515

2018 depreciation expense=$10,060

Explanation:

The depreciation expense of machine for the whole year shall be calculated as follows:

Depreciation expense=[(89,920-9,440)/8]=$10,060

Since the machine is only used for 3 months in the year ended December 31, 2017, therefore the depreciation expense in 2017 will be calculated as follows

2017 depreciation expense= 10,060*3/12=$2,515

2018 depreciation expense=$10,060

5 0
3 years ago
In the sample scenario, what does this mean about the elasticity of wheat in relation to supply?
Xelga [282]

A- Wheat is relatively inelastic.

7 0
4 years ago
Read 2 more answers
Bretts Construction Company had a contract starting April 2017, to construct a $6,000,000 building that is expected to be comple
ExtremeBDS [4]

Answer: $230,000

Explanation:

Gross profit to be earned from project:

= Construction price - cost of construction

= 6,000,000 - 5,500,000

= $500,000

Percentage of costs incurred in 2017:

= 2,530,000 / 5,500,000 * 100%

= 46%

The Gross profit for 2017 is therefore:

= Percentage of cost incurred * total gross profit

= 46% * 500,000

= $230,000

4 0
3 years ago
Pricing Strategy Competition is a serious business and sometimes fierce. The stakes are high. Unless the firm has a monopoly, pr
nadezda [96]

Answer:

1. Strategic pricing

2. Regulatory influence

3. Regulatory influence

4. Strategic pricing

5. Strategic pricing

6. Price discrimination

7. Price discrimination

Explanation:

  1. Predatory pricing is a price strategy in which companies deliberately lower their prices in an attempt to wipe out all the competition in that market segment. While maybe beneficial for customers in the short run, due to lower prices and more diverse choice of products, in the long run, this strategy can be more harmful than monopoly and is therefore under regulations by government bodies. However, it is a way of strategic pricing.
  2. Competition policy falls under regulatory affairs, as governments have rules that encourage competition and which restrict monopolies
  3. Form of government intervention where government imposes tariffs on imported goods that would without it have price below market fair value
  4. Strategic pricing strategy where its implementation in one market could have an impact on competitors in another market
  5. Strategic pricing where multiplication of tasks performed leads to lowering of the cost of each performance. Company will lower its prices at some market placing itself in the lower ends of experience curve
  6. Price discrimination as it can be used for assigning different prices to different goods, which have different price elasticity. Some products are more elastic, while demand for others won't change even with significant changes in prices
  7. Price discrimination as it becomes possible to charge different prices at different markets
5 0
3 years ago
A proposed new venture will cost $85,000 and should produce annual cash flows of $30,000, $55,000, $40,000, and $40,000 for Year
elena-14-01-66 [18.8K]

Answer:

2 years

Explanation:

Payback period is the amount of time it takes to recover the amount invested in a project from its cumulative cash flows

In the first year, -$85,000  + $30,000 = -$55,000 is recovered

In the second year, -$55,000 + $55,000 = 0

The total amount invested is recovered in the second year

4 0
3 years ago
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