Answer:
$55,527
Explanation:
Calculation to Determine true cash balance as of June 30
Unadjusted balance per the bank statement $56,518
Add: Deposits in transit on June 30 $2,340
Less: Outstanding check ($3,331)
True cash balance as of June 30 $55,527
Therefore true cash balance as of June 30 will be $55,527
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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The production possibilities frontiers in the figure to the right show how many bananas and coconuts you (Y) and your
neighbor (N) can consume without trade. Suppose you are initially consuming 6 bananas and 6 coconuts and your
neighbor is initially consuming 3 bananas and 9 coconuts.
Now, suppose you and your neighbor specialize by each only producing the good for which you have a comparative
advantage.
You give your neighbor half of your production for half of what he produces. (Enter all responses as integers.)
If you trade with your neighbor, then you will have 8 additional coconut(s) after the trade and 10 additional banana(s)
additional banana(s) and will be
as a result of
the same time, your neighbor will be able to consume
trade.
If you trade with your neighbor, then you will have 6 additional coconuts after the trade and 9 additional bananas and will be better off as a result of trade. At the same time, your neighbor will be able to consume 3 additional coconuts and 12 additional bananas after trade.
What is the production possibility frontier?The Production Possibility Frontier (PPF) is an economic curve that illustrates the combinations of production that can be attained when nations or firms specialize in producing goods in areas where they enjoy more comparative advantages than others.
Data and Calculations:Consumption without trade:
Coconuts Bananas
You 6 6
Neighbor 9 3
Total consumed 15 9
Production with specialization:
Coconuts Bananas
You 24 0
Neighbor 0 30
Total Production 24 30
Additional units with specialization:
Coconuts Bananas
Production with trade 24 30
Trade Exchange 12 15
Balance after trade 12 15
Your Consumption with trade:
Coconuts Bananas
After trade 12 15
Before trade 6 6
Additional units 6 9
Neighbor's consumption with trade:
Coconuts Bananas
After trade 12 15
Before trade 9 3
Additional units 3 12
Thus, with the PPF, we can conclude that you and your neighbor enjoy the consumption of more coconuts and bananas when you engage in trade than without trade.
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The following information is available for completed Job No. 402: Direct materials, $25,000 direct labor, $35,000 manufacturing overhead applied, $20,000 units produced, 8,000 units units sold, 6,000 units. The cost of the finished goods on hand from this job is
Work No. 402's final goods cost $24,000 in total.
What is the price of the finished product?Direct labor, direct materials, and overhead are the three main expenses involved in producing items, and they are all included in the cost of finished goods. In addition, a company will pay carrying costs when finished goods are kept in stock.
We must apply the following calculation to determine the cost of the finished goods we currently have from Work No. 402:
Direct materials, direct labour, and manufacturing overhead are all included in the cost of goods manufactured.
Cost per Unit = Manufacturing Cost / Units Produced
Cost of Completed Items = Cost Per Unit x Ending Inventory Units
Given:
Direct materials = $25,000
Direct labor = $35,000
Manufacturing overhead applied = $20,000
Units produced = 20,000 units
Units sold = 8,000 units
Units in ending inventory = 6,000 units
Using the formula, we can calculate:
Cost of Goods Manufactured = $25,000 + $35,000 + $20,000 = $80,000
Cost per Unit = $80,000 / 20,000 units = $4 per unit
Cost of Finished Goods on Hand = $4 per unit x 6,000 units =$24,000
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Which one of the following research is mainly concerned with generalization and with the formulation of a theory?
Analytical research.
Fundamental research.
Applied research.
Quantitative research.
Answer:
b fundamental research
Explanation:
Fundamental research is mainly concerned with generalizations and with the formulation of a theory. It is undertaken for the sole purpose of adding to our knowledge that is fundamental and generalizable. It is called pure or basic research.
Suppose a firm manager has a base salary of $175,000 and earns 0.5 percent of all profits. Determine the manager's income if revenues are $10,000,000 and profits are $5,000,000. A) $150,000 B) $200,000 C) $225,000 D) $300,000
The manager's income is $200,000.
The option (B) is correct.
The expression "income" for the most part alludes to how much cash, property, and different exchanges of significant worth got over a set timeframe in return for administrations or items. There is no single, standard definition: pay is characterized by the setting in which the idea is utilized.
Income includes monetary as well as non-financial upsides of recompenses and perquisites. All pay is available under personal expense except if explicitly excluded.
Given;
Fixed salary = $175,000
Earns 0.5% of all profits
Profit = $5,000,000
Manager income = Fixed salary + 0.005 * Profit
Manager's income = $175,000 + 0.005 * $5,000,000
=> Manager's income = $175,000 + $25000
=> Manager' income = $200,000
Thus, the manager's income is $200,000.
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Which of the following is an example of a soft skill?
A. Managing a team
B. Creating a spreadsheet
C. Operating a forklift
D. Installing an air conditioner
Answer:
A
Explanation:
managing a team is an example of soft skill
[The following information applies to the questions displayed below.]
On January 1, 2024, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.
Assuming the market interest rate on the issue date is 9%, the bonds will issue at $293,938.
2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024.
(Interest Expense does not equal 12800)
To record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024, we need to consider the issuance of the bonds and the accrual of interest expense.
1. Bond Issue on January 1, 2024:
Date Account Debit Credit
--------------------------------------------------------
January 1, 2024 Cash $293,938
Bonds Payable $320,000
To record the issuance of $320,000 face value bonds at a discounted price of $293,938.
2. Semiannual Interest Payment on June 30, 2024:
Date Account Debit Credit
--------------------------------------------------------
June 30, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from January 1, 2024, to June 30, 2024.
3. Semiannual Interest Payment on December 31, 2024:
Date Account Debit Credit
--------------------------------------------------------
December 31, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from July 1, 2024, to December 31, 2024.
Please note that the interest expense amount mentioned in the question might be incorrect. Based on the information provided, the interest expense should be $12,800 for each semiannual interest payment, resulting in a total of $25,600 for the year 2024.
Mentionlytics provides listening tools to help clients discover and react to different sentiments about anything connected to their business. Mentionlytics uses powerful social analytics and mention analytics insights to gather information about what customers are saying about the companies that they use for goods and services. This is an example of _______. a. social media monitoring b. advertising campaign c. crowdsourcing d. sales promotion
Answer:
a. social media monitoring
Explanation:
Social media monitoring is the way in which information can be obtained about the response of the general public to a product by using social media measurement and analytics to extract insights from online media such as blogs, news sites, and so on.
In the given scenario Mentionlytics are using social media monitoring when they use powerful social analytics and mention analytics insights to gather information about what customers are saying about the companies that they use for goods and services.
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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A company's image and reputation, how the outside world sees the product or company, is also called the company's
A. value proposition.
B. brand
C.logo
D.inventory
Which career requires LESS education than an Auditor?
a) Accountant
b) Bookkeeper
c) Credit Analyst
d) Financial Manager
In order for a contract to be legally binding, what must be TRUE?
a) All parties must consent to the terms of the agreement by shaking hands.
b) The purpose of the agreement between the parties can be legal or illegal.
c) All parties entering into a contract accept the risk that they could be tricked or coerced.
d) The contract parties must be legally competent to enter into a contract.
Answer:
D
Explanation:
in order for a contract to be legally binding, all parties must be *legally competent.* this means that all parties cannot be minors or something like that. they must be legally able to enter into the contract for it to be legally binding.
D- The contract parties must be legally competent to enter in to a contract for the contract to be legally binding. There are various points that must be ticked for the contract to have legal acceptance.
Every party to the contract must not be a disqualified person to do so and shall have legal capabilities in their hands. They must be known to the fact that their gestures or actions mean that a contract is legally binding upon them.
A contract becomes legally binding when all the parties to the contract have given their consent to have accepted the terms of the contract by either their gestures, spoken words or acceptance on contract instruments.Parties must be legally competent by being of sound mind, major at age, qualified to enter into a contract, not refrained to so by any court order, on whom any investigation by the judiciary or police authorities is currently not undergoing.The above mentioned persons are referred to as the persons who are legally competent to enter into contract. Any other such person who is incompetent will lead to the contract being void ab initio.Hence, the true option is D that the both the parties to the contract must be legally competent to enter into a contract.
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Assume yourself as a Marketing Specialist of a Company and Determine the New Product Development Process by manufacturing a New Product for your company.
Explanation:
Assuming my company produces body care products and decides to introduce a new product–a toothbrush, the development process would involve:
1. Idea Generation:
It smbegins with an idea or imagination of what the ideal toothbrush would be, what problem would it solve for consumers. The idea could be random or it could be as a result of an identified need.
2. Idea Evaluation:
Remember, it is one thing to have an idea but another to have an idea that would work. Therefore, quality time would be taken to separate workable ideas about the ideal toothbrush from bad ones. This idea evaluation process is a very useful stage in the product development process.
3. Concept Development and Testing:
Remember, testing the concept about the new toothbrush allows for an expanded idea. The prototype of the toothbrush would be tested with consumers to find out whether the idea is worth the effort. Their feedback would be noted to improve the product further.
4. Marketing strategy
5. Final Product development
you recently increased you're spending on marketing by 10%. you now spend 5500 per month. revenue increase by 1000 per month and you're gross margin percentage is 70%. All other expenses stayed consant. Did the increase pay off?
Answer:
Answer is yes
Explanation:
The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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Explain link between creativity, innovation and entrepreneurship, and outline the steps for screening opportunities
Creativity, innovation, and entrepreneurship are interconnected and essential for driving economic growth. When screening opportunities, aspiring entrepreneurs should engage in creative idea generation, evaluate market potential, conduct thorough research,
Creativity refers to the generation of novel and valuable ideas, while innovation involves turning those ideas into practical solutions.
Entrepreneurship, on the other hand, is the process of identifying and pursuing opportunities, mobilizing resources, and taking risks to create and manage a successful venture. The link between these three concepts lies in their mutually reinforcing nature. Creativity fuels innovation by providing the initial spark for new ideas and perspectives.
Innovation, in turn, serves as a platform for entrepreneurial endeavors, as it creates opportunities for commercialization and market disruption. Entrepreneurship then takes these innovative ideas and transforms them into tangible products, services, or businesses that generate value and drive economic growth.
When screening opportunities, aspiring entrepreneurs can follow a systematic approach:
Idea Generation: Encourage and engage in creative thinking to generate a pool of potential opportunities.
Opportunity Evaluation: Assess the feasibility, market potential, and competitive landscape of each idea.
Market Research: Conduct thorough research to understand target customers, their needs, and existing solutions.
Resource Assessment: Evaluate the resources required to pursue the opportunity, including financial, human, and technological aspects.
Risk Analysis: Identify and evaluate potential risks and uncertainties associated with each opportunity.
Business Model Development: Formulate a clear and viable business model that outlines how the opportunity will be monetized.
Prototype and Testing: Develop prototypes or minimum viable products to gather feedback and validate the opportunity.
Financial Analysis: Conduct a comprehensive financial analysis to determine the potential profitability and sustainability of the opportunity.
Decision-making: Prioritize and select the most promising opportunities based on the evaluation and analysis.
Implementation and Execution: Develop an action plan and execute it effectively, leveraging creativity, innovation, and entrepreneurial skills.
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The difference between the lower class limits of adjacent classes provides?
Answer:
C
Explanation:
MNO was a partnership which contracted for and performed all types of painting jobs. Before the partnership was dissolved, MNO had entered into a contract under which MNO was to paint every room in the state capitol building. At the time of the partnership dissolution, MNO had not yet performed the work called for by such contract. If the partners involved in the winding up elect to perform the contract, they:
Answer: a. have the authority to enter into new contracts with subcontractors, material suppliers, and workers
Explanation:
If the partners elect to finish the job, they will legally have the authority to enter into new contracts with the necessary outside contractors needed to get the job done.
This is because the job was agreed to with the partners and with the dissolution of the partnership, contracts with these contractors were cancelled. Since the partners however want to pursue the job, they are free to do so but will need to get new contracts to replace the old cancelled ones.
True or False, a peer review is usually done before the appeal process
Answer:
True or False, a peer review is usually done before the appeal process
False
Grixdale Tax Services prepares taxes for individuals. Grixdale offers a simplified pricing model with two alternatives for taxpayers: Standard Deduction or Itemized Deduction. Price and variable costs for the two services are listed below.
Standard Itemized
Sales price (per return) $50.00 $250.00
Variable costs (per return) 10.00 30.00
The annual fixed costs at Grixdale are $262,500. Based on experience, the owner estimates that Standard Deduction returns represent 25 percent of the firms business.
How many Standard Deduction and Itemized Deduction returns must be filed annually to break even?
Answer: Grixdale Tax Services must file 375 Standard Deduction returns and 1,125 Itemized Deduction returns annually to break even
Explanation:
To determine the break-even point, we need to calculate the total contribution margin, which is the difference between the sales price and variable costs. For the Standard Deduction service, the contribution margin is:
$50.00 - $10.00 = $40.00
For the Itemized Deduction service, the contribution margin is:
$250.00 - $30.00 = $220.00
Next, we need to determine the proportion of total returns that are Standard Deduction returns. We are given that 25 percent of the firm's business is Standard Deduction returns, so the proportion of Itemized Deduction returns is:
1 - 0.25 = 0.75
Now we can set up the equation to solve for the break-even point:
Contribution margin × Total number of returns = Fixed costs
Let x be the total number of returns. Then, the number of Standard Deduction returns is 0.25x, and the number of Itemized Deduction returns is 0.75x. Plugging in the values from the problem, we get:
(40.00 × 0.25x) + (220.00 × 0.75x) = 262,500
Simplifying the equation, we get:
10x + 165x = 262,500
175x = 262,500
x = 1,500
Therefore, the break-even point is 1,500 total returns. To find the number of Standard Deduction and Itemized Deduction returns required to break even, we can multiply the total number of returns by the proportion of each type of return:
Number of Standard Deduction returns = 0.25 × 1,500 = 375
Number of Itemized Deduction returns = 0.75 × 1,500 = 1,125
Therefore, Grixdale Tax Services must file 375 Standard Deduction returns and 1,125 Itemized Deduction returns annually to break even.
Select a local nonprofit and work with a team of your classmate to brainstorm ideas for a franchise business that cash flow to support. The mission of the social venture. What advice can you offer social entrepreneurs n developing alternative revenues to replace declining grants and donations
Answer:
fundraising
Explanation:
Identify the three ranges of Aggregate Supply curve. Explain the impact of an increase in the AD curve in each segment.
It should be noted that the three range of the aggregate supply curve will be the Keynesian, intermediate, and the Classical range.
The aggregate supply curve simply means the quantity of real gross domestic product that is supplied by an economy at different price levels.
The three ranges of the aggregate supply curve are the Keynesian, intermediate, and Classical ranges. In the Classical range, the economy is producing at full employment.
Typically, an increase in aggregate demand (AD) will lead to a rise in the price of the goods that are supplied.
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Calculating Returns and Variability (LO1) You’ve observed the following returns on Regina Computer’s stock over the past five years: 7%, −12%, 11%, 38%, and 14%. a. What was the arithmetic average return on Regina’s stock over this five-year period? b. What was the variance of Regina’s returns over this period? The standard deviation?
The arithmetic average return that Regina Computer stock saw on its returns over the five years was 11. 6 %
The variance of the returns over the period was 320.3, and the standard deviation was 17.9 %
How to find the arithmetic mean?The arithmetic mean on returns can be found by summing up all the returns and then dividing this by the number of returns.
The arithmetic mean to Regina stock in the five year period was therefore:
= (7 % + - 12% + 11 % + 38 % + 14 % ) / 5
= 58 % / 5
= 11. 6 %
Using this mean, the variance can be found on a spreadsheet to be 320.3.
The standard deviation is the square root of variance so the standard deviation of Regina Computer stock in the past 5 years is:
= √ Variance
= √ 320.3
= 17.89
= 17.9 %
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Bali Inc. reported $605,800 net income before tax on this year’s financial statements prepared in accordance with GAAP. The corporation’s records reveal the following information.
• Depreciation expense per books was $53,000, and MACRS depreciation was $27,400.
• Bali sold business equipment for $100,000 cash. The original cost of the equipment was $125,000. Book accumulated depreciation through date of sale was $48,000, and MACRS accumulated depreciation through date of sale was $63,000.
• Bali sold investment land to Coroda, a corporation owned by the same person that owns Bali. The amount realized on sale was $115,000, and Bali’s basis in the land was $40,000.
• Bali sold marketable securities to its sole shareholder. The amount realized on sale was $51,450, and Bali’s basis in the securities was $75,000. Compute ZEJ’s taxable income.
Answer:
$669,950
Explanation:
Computation of taxable income
Bali’s net book income before tax$605,800 Excess of book over tax depreciation25,600
Book gain on equipment sale$(23,000)
(53,000-27,400)
Tax gain on equipment sale38,000 15,000
(23,000-38,000=15,000)
Nondeductible loss on sale to related party 23,550
(75,000-51,450)
Taxable income$669,950
(605,800+25,600+15,000+23,550)
Therefore the taxable income will be $669,950
Which of the following indicates a website is NOT secure?
Answer:
a) a lock icon is not displayed in the address bar
(d) the url of the website begins with http
Explanation:
The lock item in the address bar is proof that the communication between your computer and the website is secure because it indicates that the communication is encrypted. If it is not there therefore, the communication is not secure.
Websites with Hypertext Transfer Protocol Secure (HTTPS) are secured as the communication is encrypted by the use of Transport Layer Security unlike websites with the basic HTTP. Visits to such sites are therefore riskier as there is a higher chance of information theft.
The website is not secure when its not displaying a lock, missing an updated SSL and does start with an HTTP instead of HTTPS.
There are many methods of checking that a website is secure is not correct by the use of various software tools like domain blocker, website checker etc.Hence the option D is correct that is the URL of the website begins with HTTP.
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You bought a new game for your PS3, but when you opened the package and used the disk on your machine, it burned out your PS3 and destroyed it as well as creating power short-circuits in your house, which caused a small basement fire. Did you sign an agreement with the game maker that determines the game's warranty, place of jurisdiction, and other important terms?
yes
no
Answer:
nope ps3 is not important
What is the total annual dividend received from Owning 50 Shares of stock A, if company A issues a $0.15 cent quarterly dividend to its shareholders? Total annual dividend?
The total annual dividend for 50 shares of stock A is $30.00
If company A issues a $0.15 cent quarterly dividend, then the annual dividend per share would be:
$0.15 x 4 = $0.60
To calculate the total annual dividend received from owning 50 shares of stock A, we need to multiply the annual dividend per share by the number of shares owned:
Total annual dividend = $0.60 x 50 = $30
Therefore, owning 50 shares of stock A and receiving a quarterly dividend of $0.15 per share would result in a total annual dividend of $30. It's important to note that dividends are not guaranteed and may fluctuate based on the company's financial performance and other factors. Additionally, stock prices may also fluctuate and can affect the overall return on investment for a stockholder. Therefore, it's important to consider both the potential dividend income and the potential capital appreciation when making investment decisions.
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Supply and Demand Equilibrium A graph titled Supply and Demand equilibrium has quantity on the x-axis and price on the y-axis. Line A has a positive slope and line B has a negative slope. The 2 lines intersect at point C. Match each term with the correct part of the graph. Demand curve Supply curve Equilibrium point
C is the point in the graph refers to the equilibrium price. Because the equilibrium demand and supply have produced this point, it is known as the equilibrium price.
What is equilibrium?Economic equilibrium is the set of economic variables that drives the economy, such as supply and demand. The term "economic equilibrium" can be used to a variety of variables, including interest rates and total consumer expenditure.
C point refers as equilibrium price produced by the demand and supply mention on X and Y axis respectively.
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Answer:
c
Explanation:
List five franchise dominated companies that have disappeared completely in the last twenty years and explain why they failed.
The five franchise dominated companies that have disappeared completely in the last twenty years are:
Wow Air Henri BendelCharming CharliePayless Alta Motors What was the reason they failed?Wow Air is know to be an Airline that gives cheap flights but they had issues with regards to profitability and the rising cost of buying fuel and other minor factors that made them to shut down operations.
Henri Bendel is known to be one that closed its business in 2019 sue to decline in sales as well as lack of customer interest.
Charming Charlie was known for its accessories and was said to have went bankrupt in 2019. In 2017 due to consistent reduction of physical consumer traffic.
Payless footwear chain closed its business in 2017 and filed for bankruptcy and this is been market been taken over by competition.
Alta Motors, which was an electric motorcycle maker was unable to raise fund from investors and thus had to fold up.
Therefore, The five franchise dominated companies that have disappeared completely in the last twenty years are:
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What contribution does the retail sector make to the UK economy ?
Answer:
The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy. 14% of all UK investment made by large non financial-sector firms is made by large retailers. Retailers purchase around £180bn worth of goods for resale, supporting £47bn of output from other sectors.
Answer:
The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy.
Explanation:
14% of all UK investment made by large non financial-sector firms is made by large retailers. from other sectors. Retailers pay out £4 billion every year in dividends to shareholders, around 5% of the UK total.