There are many strategies that a company can use to sell its products or services. The type of targeting strategy that the website leftyslefthand uses which only sells products to left-handed consumers is concentrated marketing.
What is Concentrated Marketing?Concentrated marketing or also known as niche marketing is one of the targeting strategies that a company can use to sell its products or services. With this strategy, the company only serves a smaller market segment with a large promise for profitability. The main disadvantage of this strategy is of course how small the market is. But, with this strategy, a company can make brand loyalty which makes sure that consumers will not go to competitors.
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Discuss each of the factors that determine the price elasticity of a product with respect to the product or product category listed for your industry. 10 marks
Based on your answer to part (i) above, over a period of 6 months, do you think this product or product category is likely to have a price elasticity of demand that is elastic or inelastic at their current market price levels? 2 mark
The product or product category you should use for this question is-:
Supermarkets and Grocery stores in Australia – frozen vegetables (which are cut up & ready for cooking) purchased from these stores
Question 3.2:
The CEO of the Industry Association that works to advise firms in your industry wants to increase total revenue in your industry, and is considering advising all the firms in the industry to increase their recommended retail price for the appropriate product or product category as above in question 3.1. Write a short paragraph that explains to CEO of the Industry Association whether this is a suitable course of action for them to recommend, and why.
Factors that determine the price elasticity of a product are the product's availability, substitutes, nature of the need it serves, time, income of consumers, and durability. Frozen vegetables (which are cut up & ready for cooking) purchased from supermarkets and grocery stores in Australia fall under the category of necessities that people consume regularly.
The product's elasticity of demand will be determined by various factors, such as income and availability of substitutes.Income of consumers is a key factor in determining the price elasticity of frozen vegetables. As these are mostly consumed by families with low or middle-income, increasing the price of frozen vegetables may lead to decreased demand as they may not afford it. In addition, consumers may switch to other cheaper substitutes like fresh vegetables, which are perceived as being healthier. As a result, demand is likely to be elastic at the current market price level for frozen vegetables.
It is not a suitable course of action for the CEO of the Industry Association to recommend that all firms in the industry increase their recommended retail price to increase total revenue. Consumers will respond to this price increase by either buying less of the product or shifting to alternatives. Instead, firms should consider providing more benefits to consumers, such as promotions or incentives, to increase the demand for the product. This would attract new consumers and retain old ones, leading to an increase in total revenue.
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According to the video, which employer hires most career Firefighters?
city and country fire departments
chemical and manufacturing plants
airports
agencies that fight forest fires
The first choice, which refers to both city and rural fire departments, is correct.
What do firefighters contribute to society?A firefighter is a first officer on the scene and rescuer who has received extensive training in firefighting. Their main duty is to put out dangerous fires that endanger men's careers, their property, and the environment.They may also be required to protect the life of livestock in specific circumstances or jurisdictions.. A female firefighter is less commonly referred to as a firewoman than a male firefighter.
One of the three basic emergency responders is the fire service, typically known as the fire dept or fire department in multiple countries. There are now firefighters everywhere in the world, both on ships and in cities..
Throughout a firefighter's career, the skills necessary for safe operations are routinely practised throughout training evaluations. Introductory firefighting techniques are typically taught in fire academies or training programmes that have received municipal, regional, or state approval. Further knowledge and credentials in fields like technical rescue and pre-hospital medicine may also be obtained at this time, depending on the demands of a department.
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Answer:
city and country fire departments
Bram knows that the pipes in his building leak, but he tells cassie, a potential buyer, that there are no leaks. on this assurance, cassie buys the building. on learning the truth, she may sue bram for group of answer choices
She may sue Bram for fraudulent misrepresentation.
What is fraudulent misrepresentation?
A false statement made by the defendant intentionally or negligently to persuade the other party to engage in a contract is known as a fraudulent misrepresentation. The harmed party may try to have the contract nullified and sue the defendant for compensation.
What are the elements of fraudulent misrepresentation?
The following are the basic components of a claim for fraudulent misrepresentation:
misrepresentationknowledge of deceptiona desire to encourage dependencyjustified trustresultant harmIs fraudulent misrepresentation a crime?
Prosecutors and the person that was deceived by the fraud can both bring civil claims against the other party for a single fraudulent act. Fraud typically involves a number of legal components, whether it be criminal or civil, such as the following: Falsely representing a material fact
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assets and liabilities of a foreign subsidiary that are not revaluated in response to exchange rate changes, are reported in the u.s. based consolidated financial statements at:
Assets and liabilities of a foreign subsidiary that are not revalued in response to exchange rate changes are reported in the U.S. based consolidated financial statements at the **historical exchange rates**.
When preparing consolidated financial statements, the assets and liabilities of a foreign subsidiary are typically translated from the subsidiary's functional currency to the reporting currency (e.g., U.S. dollar) using the exchange rate in effect at the date of the transaction. These historical exchange rates are used to maintain consistency and reflect the original values of the assets and liabilities when they were initially recognized.
This approach ensures that the consolidated financial statements provide a reliable representation of the financial position of the foreign subsidiary and its impact on the overall consolidated financial statements, while minimizing the impact of exchange rate fluctuations on reported figures.
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Which of the following is NOT a resource?
A
water
B.
food
C.
land
D.
jewelry
Answer:
D
Explanation:
It was never made when Earth was made
Answer:
jewelry not resource this is a correct answer
Which of the following types of cover letters would assist an applicant in landing a job interview?
a.
Prospecting
b.
Application
c.
Networking
d.
All of the above
Answer:
Explanation:
The answer is D, All of above.
A prospecting cover letter goes together with your resume when applying to a company that may not have recent openings. These letters emphasis on how your skills and experiences match the work environment rather than concentrating on a specific position.
An application cover letter is a document sent with your resume to make available additional material about your skills and experience. It is intended to provide complete information on why you are a competent candidate for the job.
A networking cover letter is is sent throughout your job pursuit to get help from a contact in your industry or career field and to introduce yourself to a possible employer.
what is the likely impact on a new individual investor who bought prior to the ex-dividend date if a firm undertakes a stock repurchase in lieu of a cash dividend?
if a firm undertakes a stock repurchase in lieu of a cash dividend higher income taxes, if capital gains tax rates are less than dividend tax rates. When there is good news, the stock price rises.
While capital gains are not taxed until the stock is sold, dividends are taxed when they are paid out. You will still receive the dividend if you purchase equities a day or more prior to their ex-dividend date. A stock is said to trade taxes dividend at that point. You won't receive the dividend if you purchase before the ex-dividend date. The ex-dividend date was created to give stock trades time to settle.
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return-on-investment 35% average operating assets 80,000 minimum required rate of return 20% what is the
The annual residual income was most likely around $12,000.
How and why do you determine residual income?Because it is one of the numbers that banks and lenders consider before authorising loans, residual income is a crucial measure. It assists the institutions in determining whether a person makes enough money to cover his expenses and obtain a second loan. The money you have left over after paying your regular expenses like your mortgage, credit card bills, utilities, groceries, and auto payments is referred to as residual income. This additional cash can be used for investments, debt repayment, savings, or even a vacation fund.
ROI is calculated as Net Operating Income x Average Operating Assets.
0.35 = $80,000 less net operating income
$80,000 divided by 0.35 equals $28,000 in net operating income.
Net operating income minus (Average operating assets minus Required Minimum Rate of Return) equals residual income.
= $28,000 − ($80,000 × 0.20) = $28,000 − $16,000 = $12,000.
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Which statement is a consequence of objectivism? Group of answer choices Moral rules apply in all cases, without exceptions. Whether an action is objectively right depends on its consequences. If two people have a moral disagreement, only one of them can be right. Everyone has the same beliefs about morality.
Answer:
B. Whether an action is objectively right depends on its consequences
Explanation:
Ayn Rand developed the theory of Objectivism. Objectivism according to her is the philosophical idea, that every thing people do, be it the pursuit of education or financial security is done simply for the purpose of preserving the human life. This theory promotes selfishness over altruism. It also advocates realism. Every other thing people do is supposed to conform to that which is the fact.
This theory also opines that if our philosophy of life is correct or right, then we would be successful. But if our philosophy of life is wrong, then the consequences would be inimical.
How does the Marketing function affect the other departments❓❓❓❓
it makes sure the sales department are selling services the customers are looking for or are the trend, affecting the salary as well.
23. Estelle Petkins put her summer cottage up for sale. Edith Ong , who was interested in buying the cottage , asked if it had termites Petkins was not aware of a termite problem so her answer was no. Ong bought the cottage and later found termites Does Ong have any recourse against Petkins for fraud ? Explain your answer .
Whether or not Edith Ong has any recourse against Estelle Petkins for fraud would depend on the specific circumstances and laws of the jurisdiction where the cottage is located.
How can this fraud liability be proven?Generally speaking, if Petkins had no knowledge of a termite problem and did not make any false statements with the intention of deceiving Ong, she would not be liable for fraud.
In most jurisdictions, a seller of real estate has a duty to disclose known defects or problems with the property, but only if the seller has actual knowledge of such defects. If Petkins did not have actual knowledge of a termite problem, she would not have been under any legal obligation to disclose it.
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Navigate to the paragraph titled, "Who is counted as unemployed?" Next, list the three qualifications required for a person to be classified as unemployed. (Site 1)
People are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work.
Actively looking for work may consist of any of the following activities:
Submitting resumes or filling out applications
Placing or answering job advertisements
Checking union or professional registers
Some other means of active job search
Three qualifications are required for a person to be classified as unemployed.
When an individual does not have a job.When an individual has the willingness to do work.When a person searching job.What is unemployment?Unemployment mainly refers to a situation where there is the availability of a sufficient amount of workforce based on their qualifications and willingness to perform any job but the market has to lack job opportunities available to hire them.
The economic conditions play a significant role in unemployment. When the company earns less profit it will have fewer demands for a workforce which creates unemployment in the market.
Technological advancement also causes unemployment as manpower work is mostly replaced by high technology equipment that provides quick and efficient services.
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Q9. WE Company has completed all operating budgets other than the income statement for 2024. Selected data from these budgets follow.
Sales: $350,000
Purchases of raw materials: $145,000
Ending inventory of raw materials: $15,000
Direct labor: $40,000; Manufacturing overhead: $73,000, including $3,000 of depreciation expense
Selling and administrative expenses: $36,000 including depreciation expense of $1,000; Interest expense: $1,000
Principal payment on note: $2,000; Dividends declared: $2,000 and Income tax rate: 30%
Other information:
Assume that the number of units produced equals the number sold.
Year-end accounts receivable: 4% of 2024 sales.
Year-end accounts payable: 50% of ending inventory of raw materials.
Interest, direct labor, manufacturing overhead, and selling and administrative expenses other than depreciation are paid as incurred.
Dividends declared and income taxes for 2014 will not be paid until 2015.
Instructions
(a) Calculate budgeted cost of goods sold.
(b) Prepare a budgeted income statement for the year ending December 31, 2014.
(c) Prepare a budgeted balance sheet as of December 31, 2014
Answer:
(a) To calculate the budgeted cost of goods sold, we need to use the following formula:
Beginning Inventory of Raw Materials + Purchases of Raw Materials - Ending Inventory of Raw Materials + Direct Labor + Manufacturing Overhead = Total Manufacturing Costs
$0 (assuming no beginning inventory of raw materials) + $145,000 - $15,000 + $40,000 + $73,000 = $243,000
Then, we can use the following formula to calculate the budgeted cost of goods sold:
Total Manufacturing Costs + Beginning Finished Goods Inventory - Ending Finished Goods Inventory = Cost of Goods Sold
$243,000 + $0 - $0 = $243,000
Therefore, the budgeted cost of goods sold is $243,000.
(b) Using the information above, we can prepare a budgeted income statement for the year ending December 31, 2014 as follows:
WE Company
Budgeted Income Statement
For the Year Ending December 31, 2014
Sales $350,000
Cost of Goods Sold $243,000
Gross Profit $107,000
Selling and Administrative Expenses $36,000
Depreciation $1,000
Interest Expense $1,000
Income before Taxes $69,000
Income Tax Expense $20,700
Net Income $48,300
(c) Using the information above, we can prepare a budgeted balance sheet as of December 31, 2014 as follows:
WE Company
Budgeted Balance Sheet
As of December 31, 2014
Assets
Cash TBD
Accounts Receivable TBD
Inventory of Raw Materials $15,000
Finished Goods Inventory TBD
Total Assets TBD
Liabilities and Stockholders' Equity
Accounts Payable TBD
Note Payable TBD
Stockholders' Equity TBD
Total Liabilities and Stockholders' Equity TBD
To complete the budgeted balance sheet, we need additional information such as the amount of cash, accounts receivable, finished goods inventory, note payable, and stockholders' equity.
With a(n) ___________, the caller had a transaction with the receiver within the last 18 months; or the customer has made an inquiry with the caller’s firm in the last 3 months.
With a customer relationship management (CRM) system, the caller had a transaction with the receiver within the last 18 months or the customer has made an inquiry with the caller's firm in the last 3 months.
A CRM system is a technology tool that helps businesses manage interactions with customers and potential customers. It provides a way to collect and analyze customer data, including customer preferences, purchase history, and communication channels.
With a CRM system, businesses can segment customers based on various criteria, such as their buying behavior, location, or demographic data. This segmentation allows businesses to personalize their communication and marketing efforts, leading to a better customer experience and higher customer satisfaction.
The benefit of using a CRM system is that it helps businesses maintain a positive relationship with their customers, which can lead to repeat business and increased revenue. By keeping track of customer interactions, businesses can identify patterns and trends in customer behavior, enabling them to make data-driven decisions to improve their products and services.
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4. Determine the importance of environment conservation from the business viewpoint
Answer:
Economic expansion is not what is causing the climate crisis; rather, the lack of effective public policy meant to lower greenhouse gas emissions is to blame. As long as regulations are in place to limit the environmental effects of the goods and services we produce and use, there is no conflict between capitalism and environmental protection. With those regulations in place, consideration for environmental sustainability can and will be factored into every decision made by the private, nonprofit, and governmental organizations from which we all benefit.
The sustainability of the environment is not affected in the same way by all consumption patterns. The emergence of more sustainable lifestyles can be seen in consumption trends. Young Americans, for instance, don't seem as interested in buying cars as their parents and older siblings did. The advancement of the mobile phone has made ride-sharing, bike-sharing, and other transit options possible.
However, taking an Uber or driving your own car are both considered economic activities for the purposes of calculating GDP. These consumption patterns are typically not the subject of policymaking because they are quite influenced by shifting social norms than by governmental action. The only exceptions might be behavior that directly harms other people, like drinking and driving or smoking in public. New technologies can also lessen the impact of consumption on the environment.
Ironically, some environmentalists and some deniers of global warming share the view that environmental protection and economic growth must be compromised. Both can and must be done. Because most people in the developed world enjoy their way of life and won't give it up, we cannot stop investing in economic development. Environmental advocates will fail politically if they make such a request.
Explanation:
Political and business leaders may not care if economic growth harms the environment, and environmentalists may disagree, contending that neither economic growth nor environmental harm can coexist.
Even by itself, environmental protection promotes economic expansion. The air pollution control technologies we install on power plants and automobiles are made and sold by a third party. Additionally, environmental amenities are valuable.
What kinds of products
and property do cyber-
protection laws cover?
Answer:
Act of threatening to share information about a person to the public, their friends or family, unless a demand is met or money is paid
Explanation:
If the efficient markets hypothesis is correct, then.
If the efficient markets hypothesis is correct, then the prices of assets in the market should reflect all available information.
The efficient markets hypothesis (EMH) is a financial theory that contends that financial markets are "informationally efficient," or that asset prices in financial markets completely reflect all available information at any given time. It assumes that all investors have access to the same information and interpret it in the same way, resulting in prices that reflect all of the available information. Therefore, under the efficient markets hypothesis, an investor cannot gain an advantage over other investors since any new information would be immediately reflected in asset prices.
The efficient markets hypothesis implies that investors should not expect to gain a significant advantage over the market by trying to make investment decisions based on publicly accessible data or fundamental analysis. Instead, the hypothesis suggests that investors should invest passively by tracking market indices or mutual funds since active trading based on publicly available data is unlikely to yield superior returns. Therefore, if the efficient markets hypothesis is correct, then it would be challenging to outperform the market by active trading based on publicly available information since all information is already reflected in asset prices.
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a food manufacturing company is trying to figure out how many of each snack items, i.e, cookie, bar, cup cake,muffin to make. profit per unit is $30, $115, $80, and $40 respectively. these products need the 4 resources as shown below. it has already committed to make at least 10 units of bar, 20 units of cup cake, and 15 units of muffin. profit $30 $115 $80 $40 resource cookie bar cup cake muffin capacity available milk - - - - 580 gallons oven - - - - 760 hours sugar - - - - 2950 pounds flour - - - - 3130 pounds solver provides the sensitivity report as shown below. variables final reduced objective allowable allowable name value cost coefficient increase decrease cookie 0 -10 30 10 1e 30 bar 18 0 115 5 75 cupcake 42 0 80 150 0 muffin 15 0 40 0 1e 30 constraints final shadow constraint allowable allowable name value price r.h. side increase decrease bar 18 0 10 8 1e 30 cup cake 42 0 20 21 1e 30 muffin 15 0 15 43 15 milk 580 1 580 80 143 oven 760 8 760 274 80 sugar 2265 0 2950 1e 30 685 flour 3130 2 3130 460 250 match the correct answers. note: penalty for incorrect matches. k. the optimal profit is - if the profit from cookies go to $45, - if the profit from bar goes down to $100 - the sugar constraint is - if we get 100 more gallons of milk, our profit will go up by - the next door manager is offering $350 for 50 hours of oven time. - 400 pounds of flour is available at $600. a. we should not accept the oven offer b. we should purchase the flour c. we should accept the oven offer d. not enough info to decide if the flour purchase is good. e. binding f. we will make cookies g. we will make different number of bars h. $100 i. non-binding j. $5,170 k. $6,030 l. we will make the same number of bars m. we will not make cookies n. not enough information
To maximize the profit, the company will make 0 cookies, 18 bars, 42 cup cakes, and 15 muffins, with an optimal profit of $6,030.
Using the sensitivity report provided by Solver, we can answer the following questions:
If the profit from cookies goes to $45, the optimal profit will increase by $300 (since the reduced cost of cookies is -10).
If the profit from bar goes down to $100, the optimal profit will decrease by $3,060 (since the reduced cost of bar is 0).
The sugar constraint is binding (since the shadow price is 0).
If we get 100 more gallons of milk, our profit will go up by $80 (since the milk constraint has a shadow price of 1).
Since the shadow price of the oven constraint is 8, it is beneficial to accept the offer and use the extra 50 hours to produce more products that have a positive reduced cost (i.e., cup cakes and muffins).
400 pounds of flour is available at $600. Since the reduced cost of flour is 2, it is not profitable to purchase the extra flour.
Therefore, the answers are:
a. We should accept the oven offer.
b. We should not purchase the flour.
c. We should accept the oven offer.
d. Not enough information.
e. Binding.
f. We will not make cookies.
g. We will make the same number of bars.
h. $100.
i. Non-binding.
j. $5,170.
k. $6,030.
l. We will make the same number of bars.
m. We will not make cookies.
n. Not enough information.
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Total sales: $60,230 Rate of commission: 6% on first $40,000
7% on next $10,000;
8% on sales over $50,000
Income: ?
Answer:
1000000 wdnjdkdidhxh fdjjxifid
frictional unemployment is a result of a poor match of worker's abilities and skills with current requirements of employers. related to job search difficulties for potential workers. a result of business recessions that occur when aggregate demand is insufficient to create full employment. a result of the seasonal pattern of work in specific industries.
Answer:
Frictional unemployment is related to job search difficulties for potential workers. It occurs when individuals are temporarily between jobs, either because they have left one job and are looking for another, or because they are entering the labor force for the first time. Typically, frictional unemployment is short-term and arises as a result of workers taking some time to find a job that best fits their skills, interests and qualifications.
Therefore, the correct answer is: frictional unemployment is related to job search difficulties for potential workers.
PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?
Explanation:
Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.
Which step directly follows "loss of jobs” in the stagflation cycle?
Answer:
fewer items produced
Explanation:
Answer:
D
Explanation:
Three of the following questions lend themselves well to formal research. Which one does NOT?
how does the organization of mathematical information in long-term memory differ between 3-y-o and 13-y-o?
how do business teams of 6 or less members compare to teams of 6 or more in terms of productivity?
does message medium, print versus television, impact the effectiveness of public service health messages?
which general education course is more interesting, U.S. History or World Music?
Which of the general education courses, American history or world music, is more interesting?
What makes a problem statement for fundamental research well-written? An excellent basic research research problem covers the significance of the topic, the courses relevance and techniques, the subjects of the research, how the findings will be presented, and what the study is likely to require. quantitative analysis 1. Develop a theory first, followed by a hypothesis, a research design, the operationalization of concepts, and a research site selection. Sixth: sampling, seventh: data collecting, eighth: data processing, ninth: data analysis, tenth: conclusions, and eleventh: publication of findings. The exact steps or methods used to find, pick, process, and analyse information on a subject are known as research methodology. The methodological part of a research paper enables the reader to evaluate
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Assumed that you need to supply a school canteen of bottled mineral water, 500 ml with a cost of P6.50/bottle, how do you determine the price per bottle? Explain your answer by showing your computation
Based on the cost of the bottle, the price of the bottle can be determined by a markup percentage.
What is a markup percentage?In order to determine the price of the bottle, you should use a markup percentage which will be based on your required profit level.
For instance, if you want to make a 40% profit on the cost then use a 40% markup to find the price as:
= Cost of bottle + (Cost of bottle x 40%)
Solving gives:
= 6.50 + (6.50 x 40%)
= $9.10
In conclusion, use a markup percentage.
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if moody uses a markup percentage of 110% of its total manufacturing cost, then what selling price per unit would it have established for job 400? (round your intermediate calculations to the nearest whole number and final answer to 2 decimal places.)
For Job 400, a Selling price has been calculated. is $42.00.
Price of materials per unit = $20
Markup Percentage = 110%
Markup Amount = 110% of $20 = $22
Price per unit of sale = Cost of manufacturing + Rate of markup
= $20 + $22
= $42
Therefore, Selling Price per unit for Job 400 = $42.00.
The selling price is determined using the selling price formula and is used to sell the item for a specific cost. The selling price is the price the customer pays to purchase the good.
The cost a buyer incurs to purchase a good or service is the real selling price. This pricing includes a profit margin and is higher than the cost of the items.
If the buyer does not want to make a profit, the seller may choose to maintain the selling price close to the cost price.
Thus, the selling price per unit formula divides sales by the number of units or amount sold to determine the price per unit from the income statement.
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the bertrand theory of oligopoly assumes multiple choice firms set prices. rivals will increase their output whenever a firm increases its output. rivals will follow the learning curve. rivals will decrease output whenever a firm decreases its output.
The Bertrand theory of oligopoly assumes that firms set prices. According to this theory, when one firm increases its output, rivals will increase their output in response. This is because the increased output by one firm would lower the market price.
However, the Bertrand theory does not assume that rivals will follow the learning curve. The learning curve is a concept that suggests firms become more efficient and reduce their costs as they gain experience in production. While it is possible for firms to adopt the learning curve in an oligopolistic market, it is not a requirement or assumption of the Bertrand theory.
Similarly, the Bertrand theory does not assume that rivals will decrease output whenever a firm decreases its output. In fact, if one firm reduces its output, rivals may have an incentive to increase their output to capture a larger market share and potentially increase their profits.
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Which best describes how an investor makes money off debt?
An investor makes money by issuing bonds. They are debt securities. That is, an investor lends money (principal) to a company or the government for a period of time in exchange for a series of interest payments (yield).
When the bond reaches maturity, the principal is returned to the investor. In the exchange for buying a bond, an investor or bondholder receives the periodic interest payments called coupons. Quarterly, semi-annual or yearly coupon payments are intended to provide investors with regular and predictable income. There are many types of funds, but the main ones are equity funds and debt funds.
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Net fixed assets: Book value: $2,500, Market value: $3,000 Net working capital: $700 Current accounts liquidated: $1,500 ABC Corporation has $900 in long-term debt. What is the book value of equity?
Answer:
$2,300
Explanation:
The book value is $2,500
The market value is $3,000
The net working capital is $700
The current account that was liquidated is $1,500
The long term debt of ABC corporation is $900
Book value of equity = book value of assets - book value of liabilities
The first step is to calculate the book value of assets
= net working capital + net fixed assets
= $700 + $2500
= $3,200
The book value of liabilities can be calculated as follows
= long term debt which is $900
Therefore the book value of equity can be calculated as follows
= $3,200 - $900
= $2,300
Hence the book value of equity is $2,300
THIS IS BUSINESS ENGLISH!
HELP!
What are three characteristics of successful entrepreneurs? (Select three)
A- Creative
B- Young
C- Determined
D- College graduate
E- Enthusiastic
Answer:
Creative
Enthusiastic
Deteined
Can QuickBooks track profitability?
Answer:
You'll see a snapshot of your income, costs, and profits in the header of every project page.