<u>Answer: </u>Option A barrier to market entry
<u>Explanation:</u>
Here the government creates a barrier to entry where the cost involved to enter into the market is increased. The cake makers have to obtain a license through paying fees to the government. These start up cost act as an obstacle for people who sell cakes. This also reduces the number of people entering into cake making business. This sign is known as barrier to market entry.
When there are barriers the existing firms have the benefit of increasing their profits and market share. As there are only few people entering into the market it reduces their competition.
Answer:
b. The balance of the Allowance for Doubtful Accounts will be $22,000 after adjustment.
Explanation:
If credit losses are estimated at 1% of credit sales than balance of allowance for doubtful account after adjustment will be = $6,000 + $1,600,000 * 1%
= $6,000 + $16,000
= $22,000
Answer:
The answer is $99700
Explanation:
Net cash from operating activity= Net income + Depreciation - increase in net working capital.
Net cash from operating activity= $96,200 + $6,300 - $2,800= $99700
Explanation:
Data mining is a technique in data analysis that allows users determine faster and one of the strategic business intelligence techniques. Data mining enables users to analyze large amounts of data and to identify hidden links within data not known otherwise.
For example, data mining might reveal that a consumer buying product X is ten times as likely to buy the product
Data mining finds information such as:
- Relationships, or events related to a single event.
- Events or patterns linked over time.
- Category or patterns that define the category to which an article refers, discovered through an analysis of current classified objects and the application of a set of rules.
- Unclassified or connected clusters;
- Clusters, or unclassified but related groups
Whether hunting at new products and services or seeking new marketing strategies or new markets, I would suggest to a company that uses data mining. Data mining can be useful if unforeseen business issues whose sources are hard to identify are being studied.
Answer:
B) Land costs; air and rail systems
and
D) Labor cost; proximity to customers
Explanation:
