Answer:
The company records the investment by the entry:
(D) debit Cash and credit Owner's Equity
Explanation:
Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.
In the case, the company that he invested received cash from Mr. Decker.
The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:
Debit Cash $20,000
Credit Owner's Equity $20,000
Answer:
Google pays her every time someone clicks on a Google ad on her
site.
Explanation:
Answer:
Increase the consumption of product Y and decrease the consumption of product X.
Explanation:
Utility-maximizing rule states that a consumer is maximizing its utility at a point where the marginal utility per dollar spent equal for both the products.
Marginal utility per dollar for Product X:
= 2 utils per dollar
Marginal utility per dollar for Product Y:
= 8 utils per dollar
Here, the utility-maximizing rule suggests that this consumer should consume more of product Y and less of product X.
Answer:
A) ability of Big Lots to imitate Wal-Mart's tightly integrated activity map.
Explanation:
Competitive advantage of a company is it's ability to leverage on unique capabilities and resources to gain more market share than others.
In this instance Big Lots is competing favourably by imitating unique capability of Walmart which is highly disciplined merchandise cost and inventory management system.
A business can imitate another's strategy in order to better compete with them.
For example acquiring a company to increase scale of operations to match a competitor.
Answer:
If British interest rates suddenly increase substantially relative to U.S. interest rates, the demand by U.S. investors for British pounds <u>increases</u>, and the British pound will <u>appreciate.</u>
