Answer:
The correct option is C,performed
Explanation:
Going by the fact that each party to the contract has played his or her role in the contract,contract can only be said to have been performed.
Performance implies that Stephanie has discharged duties as a lifeguard at Tim's Water Park as promised initially and Stephanie's performance has been appreciated with Tim's provision of paychecks and free admission as agreed.
All in all, both parties have acted in good faith and performed as appropriate.
Answer:
b. 29,800.
Explanation:
Number of units out in January = 25,000 units completed during month + 80% of 6,000 units completed at month end
= 25,000 + 4,800
= 29,800
Answer:
Fightin' Blue Hens Corporation
Income Statement
For the year ended December 31, 2021
Service Revenue $420,000
Operating expenses:
- Salaries Expense $320,000
- Rent Expense $16,000
- Depreciation Expense $32,000 <u>($368,000)</u>
Operating income $52,000
Other revenues and expenses:
- Interest Expense $4,200 <u> ($4,200)</u>
Net income before taxes $47,800
*The totals of the trial balance sheet were added incorrectly, they both debit and credit total $876,600.
Answer:
A
Explanation:
Multidomestic
Multidomestic describes a set of strategies used by companies that operate in more than one country at a time. When businesses take their operations into markets overseas, they will naturally tend to act differently than their larger competitors, many of them choosing a multidomestic strategy. A multidomestic company is a business that uses a different approach in each of the markets it operates in.
A good example of a multidomestic company is Nestlé. Nestlé uses a unique marketing strategy and sales approach for each of the markets in which it operates. They conform their products to local tastes by offering different products in different markets.
Answer:
D) readily available substitute products.
Explanation:
Porters five explains the following
- Threat of new entry
- Bargaining power of suppliers
- Bargaining power of buyers
- Threat of substitution
A) lack of importance of the buyer to the supplier group.
True. Buyers have less bargaining power as compared to suppliers
B) high differentiation by the supplier.
True. Higher differentiation leads to competitive advantage and rivalry within the market.
C) dominance by a few suppliers.
True. This falls under threat of new entry as the fewer suppliers create barriers such as capital requirement and licensing requirements to prevent new entrants
D) readily available substitute products.
False. This means there are more suppliers in the market that are ready to substitute a product thus making suppliers less powerful.
