Name two things other than the 5 C’s that can affect pricing

When Smashburger founder Tom Ryan discusses the challenges the company had finding the right price point, he mentions that if t

Verdich [7]

<span>This known as MARKET EQUILIBRIUM. A Market Equilibrium is an intersection where the demand and supply in a particular market meets. The prices of goods and services are set to the amount of supply that a company can provide. If the prices are too high, consumers are not encouraged to buy products, therefore the equilibrium will experience an imbalance.
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7 0

2 years ago

One major benefit of using the Bank Feeds feature in QuickBooks Online is that as you _________________ or __________________ tr

Alex73 [517]

Answer:

1. Exclude

2. Add

3. Reconciled

Explanation:

QuickBooks Online supports Bank feeds features, which in turn allows a user to perform ADDITION or EXCLUSION of transactions online, which results in such transaction are marked RECONCILED.

Hence, one of the major benefits of using the Bank Feeds feature in QuickBooks Online is that as you EXCLUDE or ADD transactions in QuickBooks Online from the downloaded transactions from the bank, they are marked RECONCILED. This makes the end-of-period bank reconciliation more efficient.

8 0

2 years ago

Lesson 6 problem-solving practice sales tax, tips, and markup 1. skateboards inez wants to buy a skateboard but she does not kno

notsponge [240]

After you multiply 7% to 80 you will be left with 5.60, then you add 5.60 to 80 to get $85.60. So if she has any more than $85.60 then she will be able to buy the skateboard

6 0

2 years ago

Read 2 more answers

The concepts of flexibility and real options are closely related to the importance of history and ________ described as potentia

Fittoniya [83]

Answer:

The correct answer is letter "A": path dependence.

Explanation:

Path dependency refers to the stage in which a company does not engage new ventures because it is too familiar with its current processes. Besides, the entity has the belief that continuing with the historical product is has been offering is more cost-effective than engaging in the production of a new good.

<em>The competitive advantage of the institution remains the same during the whole time which is a weakness because the market of the firm could change but the firm does not implement any measure to keep the pace of the market fluctuations.</em>

5 0

2 years ago

Wildhorse Construction Company had a contract starting April 2021, to construct a $24900000 building that is expected to be comp

jek_recluse [69]

Answer:

The construction in process amount reported at December 2021 is $13,695,000

Explanation:

In this question, we are asked to state the amount the company will report construction in the process of.

Firstly, we calculate the profit = Total contract price - Expected costs of contract = $24,900,000-$22,900,000 = $2,000,000

The profit in percentage of cost is; 2,000,000/22,900,000 = 8.73%

The costs incurred in 2021 is $12,595,000

The proportionate profit = 12,595,000 * 8.73 = $1,100,000

The construction in process at December 2021 = Cost incurred + Proportionate profit = 12,595,000 + 1,100,000 = $13,695,000

3 0

2 years ago