Costs incurred to acquire equipment are recognised as a(n) assets , while cost providing a benefit in the current period only are recognised as a(n) expense.
An asset is a business resource that offers economic benefit to the business in the future. An asset refers to any resource that adds value to a business in the future. For example, cash reserves are an asset to the company, as the company can use the cash to pay for inventory and other materials in the future. An expense is a resource that the business has already consumed during the operations of the company for a specific accounting period.An expense is a necessary cost that a business incurs to operate. It can either be commodities or services that a company purchases to run the business. Unlike assets,expenses do not offer long-term benefits to the business, as the organisation consumes them immediately.
To know more about Cost visit:https://brainly.com/question/2747167
#SPJ4
once mercedes-benz decided it was going to move its headquarters, it wanted to find a site with lower business taxes, lower cost of living for employees, and better quality of life for employees. mercedes was at which step in the comprehensive organization change model?
Once Mercedes-Benz decided it was going to move its headquarters, it wanted to find a site with lower business taxes, lower cost of living for employees, and better quality of life for employees. Mercedes was setting goals for the change step in the comprehensive organization change model.
German luxury and commercial automobile manufacturer Mercedes-Benz was founded in 1926. The headquarters of Mercedes-Benz AG, a 2019 subsidiary of the Mercedes-Benz Group, is located in Stuttgart, Baden-Württemberg, Germany. Mercedes-Benz AG manufactures premium cars for consumers as well as commercial vehicles with the Mercedes-Benz logo.
Heavy commercial vehicles (trucks and buses) with the Mercedes-Benz brand will be controlled by Daimler Truck starting in November 2019. Daimler Truck was formerly a division of the Mercedes-Benz Group but became a separate business in late 2021. In 2018, Mercedes-Benz sold 2.31 million passenger automobiles, making it the most popular premium vehicle brand worldwide.
Business taxes are any taxes that are attributable to the operations of SPINCO or members of the SPINCO Group for a tax period ending before or including the Effective Date.
Learn more about Mercedes here:
https://brainly.com/question/28205126
#SPJ4
which of the following wrongful acts committed by an employee constitutes fraud? a. embezzlement. b. harassment. c. libel. d. assault.
Fraud and embezzlement are wrongdoings done by employees.
What is an example of embezzlement?Embezzlers could make receipts and bills for things that never happened and then spend the money on themselves. Ponzi schemes are an illustration of theft. Other examples include erasing personnel records or stealing money from the business. Businesses experience annual theft losses of about $400 billion. A person commits embezzlement, a type of white-collar crime, when they dishonestly appropriate property, money, or another resource for their own use after being trusted with it. In contrast to theft, where the property is illegally taken, in embezzlement the property is lawfully obtained by the embezzler before being fraudulently or illegally appropriated.
To learn more about embezzlement refer to
https://brainly.com/question/28503275
#SPJ4
Which examples best demonstrate likely tasks for insurance services workers? check all that apply.
Examples given in options A, C, and E best demonstrate likely tasks for insurance services workers. The correct options are:
"Maude analyzes statistics to determine the level of risks a customer represents""Dominique explains policies and rules to customers""Lou documents information about customer incidents"Insurance service workers are termed as the persons who are engaged in insurance related tasks in a insurance services sector. In the context of the given question, following are the tasks best demonstrate job tasks to be performed by insurance service workers:
analyze statistics to find the level of risk a customer represents.explains insurance policies and rules to customersdocument all the required information about customers' incidentsYou can learn more about Insurance Policy at
https://brainly.com/question/25855858
#SPJ4
which typically can change faster: the components of aggregate demand (ad) or the components of aggregate supply (as)? multiple choice the components of as, such as consumption, can change faster than the components of ad, such as technology. the components of ad, such as wages, can change faster than the components of as, such as investment. the components of ad, such as government, can change faster than the components of as, such as investment. the components of ad, such as consumption, can change faster than the components of as, such as technology.
Last option. The option that can change faster is The components of the AD, such as consumption can change faster than components of AS, such as technology.
What is aggregate demand?The entire quantity of demand for all finished products and services produced in an economy is measured by aggregate demand.
The entire amount of money spent on those goods and services at a particular price point and time is referred to as aggregate demand.
All consumer products, capital goods (factories and equipment), exports, imports, and government spending make up aggregate demand.
What is aggregate supply?Aggregate supply is the total amount of items produced over a specified time period at a particular pricing point. Demand growth or decline has the biggest impact.
Rising prices are often a sign that firms need to increase production to keep up with rising total demand. Consumers battle for the available commodities and pay more when demand rises in the face of steady supply. Due to this dynamic, businesses boost output in an effort to increase sales. Prices normalize as a result of the increased supply, while output stays high.
Read more on aggregate demand here: https://brainly.com/question/1490249
#SPJ1
inroads enterprises is now ready to perform a detailed assessment of the current marketing conditions facing the company and its product lines. they hope to gain a better understanding of target markets to pursue, better known as group of answer choices strategic marketing channels market segments competitive advantage market opportunities
There are many strategies in marketing that a company can use to increase the sales of a certain product or service. Types of marketing strategies that Inroads Enterprises use to perform a detailed assessment of the marketing conditions in order to gain a better understanding of target markets to pursue is market segments.
What is Market Segment?Segmentation is one of the most fundamental components of marketing strategies. The purpose of segmentation is to develop a better understanding of the target markets for a company to pursue. There are many options we can use when we are trying to segment certain products, such as dividing consumers by their age, economic status, or social status.
Learn more about Segmentation, Targeting, and Positioning at https://brainly.com/question/27993801
#SPJ4
during the life of a european option, the amount by which its price is greater than its exercise value is most accurately described as its:
The amount by which its price is greater than its exercise value is its time value
The time monetary value hypothesis states that a dollar at present is worth a greater amount later. This is based on the idea that if a person had the money right now, they could save it or invest it to generate interest or profit later on. If a person invests the same amount of money tomorrow or next month, they might get a lower return or interest rate.
Similarly, an option's price before expiration may be higher than either its exercise price or intrinsic value. The difference between an option's price and exercise value is known as the time value. As a result, the amount by which a European Option's price exceeds its exercise value is best defined as the option's time value during the option's life.
Read more about time value on:
https://brainly.com/question/3811399
#SPJ4
what is a set of concepts and policies for managing it infrastructure, development, and operations? the information is published in a series of books, each covering a separate it management topic.
A set of concepts and policies for managing it infrastructure, development, and operations is: IT Infrastructure Library (ITIL).
What is IT Infrastructure Library?IT Infrastructure Library can be defined as the approach that help to showcase how to effectively and efficiently deliver IT services smoothly.
The main objective of IT infrastructural is to plan and maintain the IT Lifecyle and to effectively manage IT infrastructure, development as well operations.
Therefore the correct option is B.
Learn more about IT Infrastructure here:https://brainly.com/question/12950881
#SPJ1
The correct question is:
What is a set of concepts and policies for managing IT infrastructure, development, and operations?
A. ISO 27002
B. Control Objectives for Information and related Technology (COBIT)
C. IT Infrastructure Library (ITIL)
D. NIST Cybersecurity Framework (CSF
johnstown baseball hats had a very profitable year. the company decided to share some of its profits with the people who own shares of its stock-the shareholders. the money johnstown baseball hats sent to the shareholders is called:
If the company decided to share some of its profits with the people who own shares of its stock-the shareholders. the money johnstown baseball hats sent to the shareholders is called: Dividend.
What is a dividend?
A dividend can be defined as the money a company pay to their shareholders or people who own a shares in their company after generating a profit.
The advantage of owning a shares with a company is that you tend to earn a profit whenever the company makes sales as the company will have to shares the profit with shareholders.
Therefore the profit received by shareholder is called dividend.
Learn more about dividend here:https://brainly.com/question/2960815
#SPJ1
the process of cleaning furnishings thar are not directly associated with dental treatments is known as
what recommendations would you make to under armour ceo kevin blank? give at least 2 alternatives and assess the pros and cons of each choice. (10 points)
The company has various strengths as discussed earlier but it is important for the company to focus on its own manufacturing units.If the company continues to outsource its raw material competitiveness may get hampered .
There could be a rise in the cost and it may not be able to cover it up by its pricing policy. If the company has to be strong they need to be tight on its financial footing.
They need to expand more on geographic frontiers and expand their segments. The target audience needs to be more classified to ensure a greater market for the company.
Learn more about manufacturing here
https://brainly.com/question/27099191
#SPJ4
for the following item, choose whether a job order costing system or process costing system would be best. tattoos
The answers to all the subparts are as follows:
(A) Beach toys: Process operation(B) Concrete swimming pool: Job operation(C) iPhone: Process operation(D) Wedding reception: Job operation(E) Custom suits: Job operation(F) Juice: Process operation(G) Tattoos: Job operation(H) Guitar picks: Process operation(A) Beach toys:
Process operations describe a manufacturing process where the production involves a number of different activities or processes.
Beach toy production requires a number of actions, hence it will be categorized as a process operation.
(B) Concrete swimming pool:
Job operation is the manufacturing procedure when products are produced taking the needs and requirements of the customers into consideration.
The construction of a concrete swimming pool will vary depending on the customer's needs, so it will be referred to as a job operation.
(C) iPhone:
The various actions or processes required to manufacture an iPhone, including the acquisition of raw materials, processing, software development, etc., will be referred to as process operations.
(D) Wedding reception:
Wedding receptions are prepared in accordance with the needs of the client, on which the final price to be charged is based; as a result, it is part of the job's operations.
(E) Custom suits:
Because they are produced to the specifications or customizations of the customer, custom suits are considered a job order.
(F) Juice:
Juice production involves numerous steps, including obtaining raw materials, sorting, processing or extracting juice, filtering, and so forth. As a result, it is involved in process operations.
(G) Tattoos:
Since tattoos are designed to the specifications of the consumers, such as their style or design, they are considered part of employment duties.
(H) Guitar picks:
As a result of their extensive production and variety of manufacturing processes, guitar picks are a component of process operations.
Therefore, the answers to all the subparts are as follows:
(A) Beach toys: Process operation(B) Concrete swimming pool: Job operation(C) iPhone: Process operation(D) Wedding reception: Job operation(E) Custom suits: Job operation(F) Juice: Process operation(G) Tattoos: Job operation(H) Guitar picks: Process operationKnow more about Process operation here:
https://brainly.com/question/28504215
#SPJ4
The complete question:
For each of the following products and services, indicate whether it is more likely produced in a process operation (P) or a job order operation (J).
a. Beach toys
b. Concrete swimming pool
c. iPhones
d. Wedding reception
e. Custom suits
f. Juice
g. Tattoos
h. Guitar picks
ccording to the accelerationist phillips curve, . a. expectations adjust continually to the latest information b. increases in inflation cause the unemployment gap to widen c. inflation will change so long as an unemployment gap persists d. all of the above e. none of the above
Option c.) Inflation will change as long as there is an unemployment gap. This is correct because an economy with an inflation gap has very little unemployment and inflation matches an accelerating Phillips curve.
With fewer job seekers than vacancies in the market, employers are forced to raise wages to attract new workers. High wages reduce as and increase prices. The higher the price, the lower the consumption. This process is repeated until a long-term equilibrium is reached. Perhaps the most important statistic in shaping macroeconomic stabilization policies is the unemployment gap. It is defined as the difference between the current unemployment rate and the socially efficient unemployment rate.
The difference between the unemployment rate and NAIRU, or the 'unemployment gap', is therefore an important predictor of wage growth and inflation.
To know furthermore about Inflation at
https://brainly.com/question/777738
#SPJ4
During a weightlifting competition, athletes are asked to lift an extremely large amount of weight in a short amount of time. Which skill-related component do the athletes in this competition likely demonstrate most frequently?.
In addition to referring to the body's capacity to overcome resistance, the term "power" also considers how quickly the load is moving.
How is power used in weightlifting?The launch, growth, shake-out, maturity, and decline stages make up the most typical division of the business life cycle, which is the movement of a business over time in phases.In addition to referring to the body's capacity to overcome resistance, the term "power" also considers how quickly the load is moving.Lifting weights is a strength-based activity, but moving the weight fast requires greater force.The three main lifts in a powerlifting competition are the squat, bench press, and deadlift (performed in that order).Each participant has three attempts (at each exercise) to lift the most weight for one repetition using correct form.To learn more about powerlifting refer,
https://brainly.com/question/27828475
#SPJ4
firms in competitive industries: i. can only charge a price equal to the market price. ii. cannot charge any more than the market price. iii. will earn less profit if they charge less than the market price. group of answer choices
Firms in competitive industries cannot charge any more than the market price.
The correct option is (ii).
What is a competitive industries example?Farming is a fantastic illustration of a competitive market. Despite the fact that there are hundreds of farmers, none of them has the power to change the market or the price depending on how much they produce. A farmer has little choice but to raise the crop and take what price is offered for it at the time.
What does an industry's competitive structure involve?A business competes and operates in a dynamic external system known as a competitive environment. The marketplace in which you compete will be more competitive the more vendors you are of a given good or service. Finding competitors in your business and learning about their various marketing methods is the process of conducting a competitive analysis, also known as a competitive analysis.
To know more about competitive industries visit:
https://brainly.com/question/14090806
#SPJ4
what two things did christopher bartlett and sumantra ghoshal say a late mover company should do to succeed against well-established competitors?
Differentiate its product offering benchmark competitor oprerations two things did christopher bartlett and sumantra ghoshal say a late mover company should do to succeed against well-established competitors.
What is an example of when two or more independent enterprises form a new entity together?
An agreement between two or more people or businesses to carry out a certain commercial objective together is known as a joint venture. A joint venture can either develop naturally from a contract between the parties or it can be set up as a separate legal organization.Which two drawbacks of running a completely owned subsidiary are true?
There are drawbacks, such as a lack of strict management and the possibility of losing control over technology. Tight control over technological know-how is one of the benefits of totally owned subsidiaries.Learn more about joint venture
brainly.com/question/14486798
#SPJ4
the text makes the point that organizations in the future will have greater need for soft skills, such as adaptability, innovation, creativity, emotional intelligence, hospitality/customer service, and empathy, and it suggests training in these skills should start now. how can organizations make training in these skill areas more successful? check all that apply.
The organizations make training in these skill areas more successful in:
Make your training action-based. Create guidelines that support the behaviors taught in the training. Involve managers in training.What is soft skill in organizations?Soft skills include attributes and personality traits that help employees interact with others and succeed in the workplace. Examples of soft skills include communicating with prospects, mentoring colleagues, leading a team, negotiating contracts, following instructions and completing tasks on time, social skills, interpersonal skills, personality traits, and professional demeanor. We have what you need for every job. Teamwork, patience, time management and communication are just a few examples.
Learn more about soft skill: https://brainly.com/question/14967231
#SPJ4
if the fed conducts open-market purchases, the money supply group of answer choices increases and aggregate demand shifts right. increases and aggregate demand shifts left. decreases and aggregate demand shifts left. decreases and aggregate demand shifts right.
Supply increases and aggregate demand shifts right.
The Federal Reserve engages in open market activities, which involve purchasing and selling of government bonds.
When the Federal Reserve purchases a bond from a bank, that bank gains access to funds that it can use to make loans.
There will be more money available. A purchase made on the free market contributes to the economy.
A central bank can increase or decrease the number of reserves in the banking system and therefore affect the nation's money supply by buying or selling bonds, bills, and other financial instruments on the open market.
When the central bank sells these securities, it removes funds from the economy.
To know more about money supply, visit:
https://brainly.com/question/12654446
#SPJ4
which of these apply to publicly-issued common stock? select all that apply. multiple select question. stock value depends on the issuer's business success value determined on the stock exchanges ownership position valueless security unless dividends are currently being paid
The sentences that apply to publicly-issued common stock are:
value determined on the stock exchanges-ownership position-stock value depends on the issuer's business success.What is the publicly-issued common stock?Common stocks can be described as the shares that is been issued by a company so that they will be able to raise money instead of selling debt as well as issuing preferred stock.
It should be noted that the Common stocks can be regarded as the essentially ordinary shares and this is a way for the company to generate the money they need in running the business so as to be able to avoid the selling of their asset in the company.
In conclusion, when dealing with the publicly issued stock, then the stock value can be seen to be focus on the issuer's business success.
Therefore, the listed options above are correct.
Read more about stock at:
https://brainly.com/question/25300925
#SPJ1
_____ is when employers seek to avoid unionization by offering workers the wages, benefits, and working conditions that rival unionized firms do.
Spillover effect is when employers seek to avoid unionization by offering workers the wages, benefits, and working conditions that rival unionized firms do.
Joining a union only signifies that you, your coworkers, and the union have a voice in critical employment-related issues since these issues are negotiated collectively. As a result, it could be possible to get pay raises, improved health care access, more workplace safety, and more manageable and regular hours.
Because of a shift in the workforce's composition toward people with lower skills or less experience, unionization lowers employment as well as average earnings. When women with young children are employed, the EITC significantly lowers poverty rates.
To know more about Unionization here
https://brainly.com/question/10475196
#SPJ4
looking only at the debt service coverage ratio requirement, will the lender approve your proposed $2.6 million loan? explain your reasoning and show your work.
=$1,792,984.5 here loan amount will be very less hence one would reject it.
Debt service coverage ratio = Net operating income/total debt service
So, Total debt service = 2.6million/PVIFA(6.75%,30years)= 2600,000/12.727 =204287.27 = 240000/204287.6 =1.1748
Since lender requires DSCR to be 1.25 he will reject this proposal 1.25 =240000/total debt service
Total debt service = 240,000/1.25 =192,000
Now amount of loan = 192000 = amount of loan/PVIFA(6.75%,30Years)
Amount of loan = 192000*12.727 =24,43,584$
Here we need to find maximum loan amount lender will agree to give, we will use formula of DSCR 1.3 =240000/total debt service
Total debt service = 240,000/1.3 =1,84,615.38
Now amount of loan = 1,84,615.38 = amount of loan/PVIFA(6%,15Years)
Amount of loan = 184615.38*9.712 =$1,792,984.5
here loan amount will be very less hence one would reject it.
You can learn more about this at:
https://brainly.com/question/29347508#SPJ4
stephen is a new entrepreneur who would like to advertise his business but feels his creativity is insufficient to the task. where can he find help?
stephen is a new entrepreneur who would like to advertise his business but feels his creativity is insufficient to the task. he find help in Advertising media.
An entrepreneur is a person who starts a new business, taking on the majority of the risks and reaping the majority of the rewards. The term "entrepreneurship" refers to the act of starting a business. The entrepreneur is frequently viewed as an innovator, a source of novel concepts, products, services, and/or business models.
In any economy, entrepreneurs play a crucial role because they have the knowledge and drive to foresee needs and market valuable new ideas. Profits, notoriety, and opportunities for ongoing growth are given to entrepreneurialism that succeeds in assuming the risks involved in founding a startup. Failure in entrepreneurship costs the participants money and reduces their visibility in the market.
learn more about new entrepreneur here:
https://brainly.com/question/15863478
#SPJ4
find the amount of the principal on a loan at 6% interest for 274 days if the interest was $68.50, using the ordinary interest method. (round to the nearest whole dollar amount)
If the amount of interest for 274 days is $68.50, then the principal is $1,520.83
Interest can be considered as a cost of borrowing money from the lender.
There are two types of interest: simple interest and compound interest.
In simple interest method, the interest is calculated based on the amount of the principal only, while in compound interest, the interest is calculated from the principal and from the unpaid interest.
The formula for the simple interest is:
I = i x P x n
Where:
I = interest per period
P = principal
n = number of periods
In the given problem, the annual interest is 6%. Hence, interest rate per day = 6% / 365. The amount of the interest for 274 days is $68.50. Therefore,
68.50 = (6% / 365 ) x P x 274
P = 1520.83
Learn more about interest at:
https://brainly.com/question/25793394
#SPJ4
Suppose a small group of manufacturers in the auto parts industry currently enjoy considerable monopoly power. How would you expect monopoly power in this industry to change in the long run?.
The demand curve that each firm must deal with will become more elastic as the industry's number of businesses increases. Therefore, monopoly power will gradually wane.
What is monopolistic power defined as?A firm's demand curve will evolve in a monopolistic competitive market over time until it becomes parallel to the firm's average total cost curve. As a result, the business will only be able to break even rather than make an economic profit.An attempt to raise prices above the level of competition may result in enough new competitors even in the absence of an existing rival, making the price increase unprofitable. In that case, even though the corporation may currently have a dominant market share, it lacks monopoly power.To learn more about Monopoly power refer to:
https://brainly.com/question/373401
#SPJ4
privately owned media companies in the united states earn most of their revenue from group of answer choices subscriptions. charitable donations. advertising. government grants.
privately owned media companies in the united states earn most of their revenue from advertising.
Advertising: The process and methods used in advertising are intended to draw attention to a good or service.
Newspapers, magazines, television, radio, direct mail, billboards, posters, transit advertising, and other forms of media are traditional advertising outlets. To draw more attention to their brands and causes in the twenty-first century, advertisers have increasingly turned to digital technologies.
display advertising, video advertising, mobile advertising, native advertising, and sponsorship.
An advertisement is a sort of paid promotion for a service, a product, or a company. Advertisements are used by marketers to assist businesses achieve their goals and boost income. They frequently create adverts for particular target audiences of potential clients.
Overview. Marketing your company through advertising can help you grow your clientele or increase brand awareness.
Learn more about video advertising here:
https://brainly.com/question/28288314
#SPJ4
a development goal is one in which an individual is interested in self-improvement, and a(n) _________ goal is one in which an individual seeks to validate a personal attribute.
Answer:
The answer is judgment.
Explanation:
What is a goal?
A goal is something an individual would like to achieve within a certain period of time.
Two main goals:
A development goal is something individual aims to improve themselves. It is a mastery-oriented pattern. For example, a sentence like "I will try harder next time" is a development goal. A judgment goal is something individual aims to validate an attribute in themselves. It is a helpless pattern. For example, a sentence like "I won't try harder so I can't do it."Therefore, the blank can be filled with "judgment".
Know more about goals and types:
https://brainly.com/question/28017832
https://brainly.com/question/15852937
https://brainly.com/question/17045870
Which type of marketing channel arrangement is good for a firm to use in international marketing where the creation of marketing channel relationships is expensive and time consuming?.
A strategic channel alliance is a type of marketing channel arrangement is good for a firm to use in international marketing where the creation of marketing channel relationships is expensive and time consuming.
Marketing is the activity, set of establishments, and techniques for developing, communicating, handing over, and exchanging offerings that have cost for clients, customers, companions, and society at huge.
The important thing purpose of advertising and marketing is to get humans inquisitive about the products or offerings of a agency. This occurs thru marketplace evaluation, studies and thinking of the hobby of a enterprise's ideal clients and attracting them via messaging which would be educational and helpful to a enterprise's goal group.
Learn more about marketing here:https://brainly.com/question/25754149
#SPJ4
The way that a firm combines inputs and factors of production in order to determine how much they can produce is represented by the firm’s.
The (C) production function of a firm represents how it integrates inputs and components of production to calculate how much it can create.
What is the production function?The maximum collection of outputs that can be created from a given set of inputs is known as the production function. Technical efficiency is implied when a production function is used.High-quality products, a quicker rate of production, and a lower cost per unit are the outcomes of a well-designed production function.Q=K+L, where Q is the output quantity, K is the amount of capital, and L is the amount of labor utilized in production, is one extremely basic illustration of a production function. According to this production function, a company can generate one unit of output for every unit of labor or capital it uses.Therefore, the (C) production function of a firm represents how it integrates inputs and components of production to calculate how much it can create.
Know more about the production function here:
https://brainly.com/question/2292799
#SPJ4
Complete question:
The way that a firm combines inputs and factors of production in order to determine how much it can produce is represented by the firm’s
Select one:
a. profit function.
b. cost function.
c. production function.
the felix company is preparing its 2015 financial statements. at the end of 2015, the company purchased a building for $100,000 by making a down payment of $20,000 cash and signing an $80,000 mortgage. the president of felix company, melissa barns, understands that debt transactions are considered a financing activity from a business perspective, and also, that purchases of long-term assets are investing activities. consequently, melissa is pondering how to report this transaction on the statement of cash flows and has asked you, as her cpa, to look into this issue. directions: research the related gaap and prepare a short memo to the president that summarizes how to report this transaction on the statement of cash flows.
The research and the related GAAP and a short memo to the president that summarizes how to report this transaction on the statement of cash flows is shown below.
Given,
Company purchased a building for = $100,000
Down payment of = $20,000
Mortgage = $80,000
The Felix company's 2015 financial statements.
However, the company's purchase - Down payment
= $100,000 - $20,000
= $80,000
2015
Cash Account
Credit Debit
Purchased a building for $100,000
Mortgage $80,000
Down payment of $20,000
To begin with, a statement of cash flows is said to be the name which is given in the business world and so it refers to the financial statement that shows how changes are made in the balance sheet accounts.
Hence, the report summarizes the transaction on the statement of cash flows.
To learn more about the financial statements here:
https://brainly.com/question/24211503
#SPJ4
assume that coffee and tea are substitutes. when the price of coffee increases question content area bottom part 1 a. the supply of tea increases. b. the supply of tea decreases. c. the demand for tea decreases. d. the demand for tea increases.
The demand for coffee will fall as its price rises, whereas the demand for tea will rise.
At increasing prices, demand is typically thought to slope downward as buyers make fewer purchases. The intersection of two curves, or the price at which supply and demand are equal, reflects the market clearing price.
The interaction of a market's supply and demand factors determines the price. Demand and supply are symbols of how eager consumers and producers are to engage in buying and selling. A product exchange happens when buyers and sellers can reach an agreement on a price.
The law of demand states that all other things being equal, demand for a commodity changes inversely to its price. In other words, lesser demand results from higher prices.
To learn more about demand
https://brainly.com/question/10489478
#SPJ4
sara burns is the owner of a company called tropical spice and was looking for a new product to go with her company's line of food condiments when a friend suggested combining spices from india with tea. in the __________ stage of the new-product process, the spices and tea mixtures were exposed to prospective consumers under realistic purchase conditions.
In the market testing phase of the new product process, Tropical Spice would be able to expose its new product to consumers to analyze the potential of the product.
What is market testing?Corresponds to a marketing tool used by companies to analyze whether a new product, service or marketing campaign under development would be well accepted by their target audience.
To achieve this end, the company invites a certain group of consumers based on demographic profile to test its product and provide realistic feedback, helping the company to make decisions so that when it is launched, it will be successful in the market.
Therefore, test marketing assists in collecting meaningful data and information about potential consumers' perception of a product before it is launched on a large scale in the market.
Find out more about market testing on:
https://brainly.com/question/28013469
#SPJ1