Ridge Crest Company Has Beginning Retained Earnings Of $25,000, Ending Retained Earnings Of $33,800, (2024)

Answer:

An oligopoly

Explanation:

A market characterized by a small number of firms who realize they are interdependent in their pricing and output policies. The number of firms is small enough to give each firm some market power.

The type of market structure that is characterized by the smallest number of firms is the "oligopoly" market structure.

What is an Oligopoly market?

An oligopoly market is a market structure in which a few large firms dominate the market and control the majority of the market share. In an oligopoly, the actions of one firm can have a significant impact on the behavior and performance of the other firms in the market.

This interdependence often leads to intense competition among the firms and may result in collusion or cooperation between them.

The barriers to entry in an oligopoly market are often high, making it difficult for new firms to enter and compete with the existing firms. As a result, the firms in an oligopoly may have a significant degree of market power, enabling them to influence market prices and control the supply of goods and services.

Examples of industries that are often considered oligopolies include telecommunications, airlines, and oil companies, among others.

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The following is a current trend in production and operations management business process management (BPM).

Which of the following production and operations management quizlet trends is now in vogue?

Instead of a continuous production process, service organizations typically employ repetitive or intermittent production methods.

Is the part of production control that entails defining and managing the amount of time needed for each stage of the manufacturing process?

Scheduling entails defining and regulating the amount of time needed for each production process stage. The operations manager creates schedules outlining the most effective order for producing goods and then works to make sure that the required supplies of labor and materials are available when they are needed.

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Total product offer is the greatest way to convey all the factors that customers take into account when making a decision.

consumer assessment?It is the process of analyzing how consumers perceive the qualities or performance of new or existing goods or services. Customer feedback is crucial to assisting you in making decisions, informing innovations, and influencing modifications to your good or service.Taking these things into account before buyingWhen making or buying decisions, consider quality.Quantity Factors in Buy or Make Decisions.Cost Factors in Make vs. Buy Decisions.Thus, the factors that buyers take into account while making a purchase are the total product offer.

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The correct answer is $25.

Moreover, Income from working another five hours on Saturdays at campus job = $20 x 5 = $100. Income from taking tuition for for five hours each Saturday = $25 x 5 = $125. Economic surplus generated each week working as a teacher = $125 - $100 = $25. $10 spent to print flyers will not be considered here since it is a one time cost whereas we are talking about economic surplus pertaining to 'each week'.

Since this cost will not be incurred each week, it will be ignored here. Peter's economic surplus = Peter's willingness to pay - price Peter actually pays. Peter's economic surplus = $800 - $600. Peter's economic surplus = $200.

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The price of the last meal you purchased is $5

The amount of money that one party pays another in exchange for products or services (which is typically not negative) is called the price. The cost of production can go by several names in particular circ*mstances. The cost of the item will probably be referred to as its "price" if it is a "good" in the context of a commercial exchange. Other names for this product's name will be viable if the thing is a "service," though. One scenario is depicted in the graph at the bottom. Production expenses, the amount of the desired thing that is available, and consumer demand all have an impact on a good's price. A monopolist might set the price or the market might impose it on the company.

Correct question:

The histogram summarizes the responses of 100 people when asked," What was the price of the last meal you purchased?"

Based on the histogram, which of the following could be the interquartile range of the prices?

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The thing that retailer consider while managing markdown of merchandise is option A: an everyday low-price strategy implies that products are already at low prices and will not require markdowns.

What are markdowns in retail?

When a product reaches the end of its lifecycle, a markdown is a permanent price reduction. Markdowns are used to sporadically boost demand for products with low demand, ideally long enough to exhaust all stock.

A markdown plan is also a successful approach to draw more shoppers into your physical store. This makes it more likely that you will sell to these clients again. They might come for your smaller margin but ultimately boost your earnings

Therefore, Markdowns are a marketing technique that should be meticulously prepared with ongoing, consistent monitoring in the retailer's daily operations. The store's earnings is impacted by minimizing markdowns, but it can also be leveraged to attract more customers and increase recurring business.

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Assuming that all of the costs listed above are avoidable costs in the event that an order is turned down, the amount that the company would have to charge for the Ericson wedding cake to just break even is $629.92.

How to find the total cost?

The total cost can be calculated using this formula

Total cost = Size related + Complexity-related +Order-related +Cost of purchased decorations for cake

Total cost

Size related $94.43

($1.33 per guest × 71 guests)

Complexity-related $431.16

($35.93 per tier × 12 tiers)

Order-related $87.14

($87.14 per order × 1 order)

Cost of purchased decorations for cake $17.20

Total cost $629.93

Therefore he will charge the amount of $629.93 to break-even.

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You own a bread bakery on college avenue. The baking ovens you own are considered to be capital goods.

Capital items are the belongings utilized by agencies withinside the route of manufacturing their merchandise and services, and may encompass buildings, machinery, gear and equipment.

A bakery oven is an outsized cooking equipment this is regularly located in expert kitchens. The inner cooking area is regularly described as having bakery depth, this means that that it's far wider and longer from the front to the lower back than a traditional, kitchen sized oven.

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The cost of products sold for the current month is $156545, and the initial inventory was made up of 7000 items with a price tag of $10.00 each.

What is meant of inventory?

All the goods, merchandise, and supplies that a company keeps on hand in expectation of selling them for a profit are referred to as inventory. Example: Only the newspaper will be considered as inventory when a newspaper vendor utilizes a vehicle to deliver newspapers to clients.

What are 3 types of inventory?

Three different forms of inventory are handled by manufacturers. They are unfinished products, work-in-progress projects, or raw materials that must be worked on (which are ready for shipping).

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A market area is examined by an appraiser, who discovers that the majority of the locals are middle-aged and some are empty-nesters. Typically, this would indicate that there is a need for more expensive residences.

What is market analysis?A thorough evaluation of a market within a particular industry is called a market analysis. You will research the market dynamics, including volume and value, possible client segments, purchasing trends, rivalry, and other crucial elements.Surveys, interviews, focus groups, and consumer observation are four popular forms of market research methodologies.An appraiser investigates a market region and finds that most of the residents are middle-aged and others are empty-nesters. Typically, this would mean that more expensive homes are required.

Therefore, a market area is examined by an appraiser, who discovers that the majority of the locals are middle-aged and some are empty-nesters. Typically, this would indicate that there is a need for more expensive residences.

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Answer:

Most of the salespeople waste their company money by delaying the shipping because the delivery of product was supposed to be late and only few sales people are leading the important sales tasks but are being overlooked

Hence the firm needs to do some changes in strategy to restructure it's sales force

Explanation:

The firms find it difficult to determine the number of kinds of salespeople because Most of the salespeople waste their company's money

some salespeople delay the shipping because the delivery of the product was supposed to be late and only a few salespeople are leading the important sales tasks but are being overlooked

Some salespeople ship the wrong products due to negligence

Hence the firm needs to do some changes in strategy to restructure its sales force

The distinction between real and nominal variables is known as Classical dichotomy.

What is dichotomy?The difference between two diametrically opposed ideas or things: There is often a dichotomy between what politicians say and what they do. Compare. duality form. Splitting Two Completely Different Things: I try to explore the dichotomy of what people think of themselves and what they do. The classical dichotomy relates to the idea that real variables such as output and employment are independent of monetary variables. From this perspective, the primary function of money is to act as a lubricant for the efficient production and exchange of commodities. The classical dichotomy tells us that changes in the money supply affect neither the velocity of money nor the level of output. Therefore, every change in the growth rate of the money supply manifests itself 1:1 as a change in the rate of inflation.

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Gulf airlines are giving u.s. legacy carriers stiff competition is that the gulf carriers because The Gulf carriers offer better service for lower costs than do the U.S. legacy carriers.

What is legacy carriers stiff competition?

Legacy airlines are U.S. airlines directly affected by the Airline Deregulation Act of 1978 because they had established interstate routes before the start of the route liberalization permitted by that act. The legacy airline is Alaska Airlines.The other largest LCC airlines are JetBlue and AirTran. Delta (DAL), United (UAL), Alaska (ALK) and American Airlines (AAL) have all reported third quarter 2022 results in the past two weeks. All airlines are considered legacy airlines that operated interstate routes prior to the 1978 deregulation of the domestic airline industry.

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The inventory costing method that reports the earliest costs in ending inventory is LIFO.

The LIFO (Last-In-First-Out) method is an inventory valuation method where the goods procured recently are considered to be sold first while the oldest goods are considered in the ending inventory.

It displays the ending inventory's earliest expenses. When inventory is valued at cost and the purchase price remains unchanged, it is also a way of the cost that will produce the highest net income. Additionally, it allocates the most recent costs to the cost of goods sold. The generally accepted accounting standards (GAAP) have been applied to this system, which is solely employed in the United States

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No claims may be deemed genuine or untrue, but I'll describe why paid search advertising is so powerful for marketing.

Who are you calling an advertiser?

Buying real estate to market a good, bad, or abstract notion is a commercial tactic called as advertising. The actual advertising messaging is what is typically referred to as advertisem*nts. Reaching the demographics most apt to be interested in purchasing a company's goods or services is the aim of advertising.

Why is advertising so important?

Advertising is a powerful marketing tool that can assist you in attracting customers, educating them about your products, and earning their confidence. The majority of businesses use advertising in some capacity to promote their products and services.

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According to Chugh and Bazerman, this exemplifies an inability to notice an ethical issue known as Change blindness.

What is blindness?Blindness refers to problem of visual impairment.It can also refer to vision loss that cannot be corrected with glasses or contact lenses. Partial blindness means very limited vision. Total blindness means seeing nothing and seeing no light. Blindness is a fable about a group of people who survived under great stress, but honestly, I'd rather see them die than endure his final three-quarters of the movie. Not only is it hopeless and disgusting, it's also ugly. Change blindness is a visual perceptual phenomenon that occurs when a stimulus changes without the observer's perception. Until now, effects have been created by changing the image displayed on the screen or by changing the people and things around a person.

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Fixed-interval schedules are the most resistant to extinction.

In 2002, the young BNP chairman Mark Collett chose the Odal rune as the brand for his agency, then defined because the "younger BNP", which Channel four's young, Nazi and Proud cited turned into used by the Nazis and sections of the Schutzstaffel (SS).[1] In 2010, it turned into renamed "BNP Crusaders" and aimed at the slightly older demographic of 18–30 years of age.[2] In 2011, it changed its name to "Resistance". The organization falls underneath the arm of the British Nationalist young people movement with other groups which include BNP students. The YBNP claimed to be a civil rights motion and student stress organization for indigenous British students from 6th form onwards.

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Foreign exchange markets can provide some insurance against volatile changes in exchange rates, which is called foreign exchange risk.

Forex refers to exchanging the forex of 1 us off for every other at triumphing trade rates. Allow us to take a close look at the means of forex. Exclusive international locations have exceptional currencies. Foreign exchange converts the currency of 1 USA into every other.

Simultaneous trade: The change of the relinquished property for the alternative assets happens at an equal time. Behind schedule change: this is the most not unusual kind of exchange.

Higher hobby costs offer lenders in a financial system a better go-back relative to different nations. Consequently, higher hobby prices entice foreign capital and motivate the alternate fee to upward push.

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Option d; none of these choices are correct because .customer returns is an adjusting entry needed to estimate future customer behavior includes.

Customer returns, sometimes also known as salvage goods, are typically goods that have been bought from a store (or online site) and subsequently returned by a customer. Stores have different individual return procedures and product liquidation rules, which might have an impact on the types and conditions of the products you might encounter in different loads. The vast majority of customer return items only go through a brief visual inspection at the store level before being loaded into a return load, however policies do differ from shop to store. Before choosing to use higher value things, they might undergo a more thorough assessment.

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In order to create financial statements using cash basis accounting, revenues must be recorded as soon as they are received and expenses must be paid.

What does cash basis accounting entail?

The "cash basis" method of accounting, which is widely used, classifies revenues and expenses according to when money is received or spent. Contrarily, accrual accounting records expenses as they are incurred, regardless of when cash is received or paid, and recognizes income at the time the liability is incurred.

When should one utilize cash basis accounting?

This system states that money is only reported on the income statement after cash is received. Expensive transactions are only recorded when cash is exchanged. The cash method is frequently used for personal finances by small businesses and individuals.

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Answer:

.76

Explanation:

To meet the needs of the client is the overarching goal that must be defined as the first step in every project's scope definition.

The project's scope is what?

A list of particular project objectives, deliverables, tasks, costs, and dates must be determined and documented as part of the project scope phase of planning. A scope statement or terms of reference is a written description of a project's scope. It defines the project's parameters, assigns roles to each team member, and outlines the processes by which finished work will be examined and approved. This documentation aids the project team's concentration and task-orientation throughout the project. The team's decision-making about change requests during the project is likewise guided by the scope statement.

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The primary goal of a community relations department is to build relationships with important community groups.

Community relations are thought to help society in both directions. It promotes goodwill among the locals—your potential customers—and supports the growth of the community as a whole. It positions businesses as civically and ethically responsible in their local communities.

Today, word-of-mouth marketing reigns supreme. Combining your community relations approach with public relations outreach can do wonders for building buzz about your company. The ensuing media coverage promotes favorable perception of your company among the locals, bringing customers straight back to you.

Your network will expand rapidly if you devote more effort to community relations. You might begin to draw in prospective investors and gain new clients.

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The set of principles, concepts, and practices that lead to the development of a high-quality system or product is known as software design.

What is a Software design?Software development includes the development of a high-quality system or product, design concepts and processes, and a set of guiding principles. Design work is established by design principles. The use of design practices results in a variety of software representations being made.The process of imagining and specifying software solutions to one or more sets of issues is known as software design. Software requirements analysis is one of the key elements of software design (SRA). The software development process includes a step called SRA that has a collection of requirements applied to software engineering. We use five steps in the software design process at its most fundamental level: research, ideation, design, development, and iteration.

Therefore, the set of principles, concepts, and practices that lead to the development of a high-quality system or product is known as software design.

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The amount of $2,550 will be required for disability income as insurance.

What is disability insurance?

A person is shielded from the ambiguous risk of losses by insurance. The recent sharp rise in medical costs has made health insurance more crucial than ever. As a result, every person has to have access to good disability income insurance coverage.

Therefore, $2,550 will be required for disability insurance.

Lorenzo requires $2,550 per month in supplementary disability income insurance. Since Lorenzo is a computer programmer and must spend a lot of time using a computer, L may want to consider purchasing long-term disability income insurance. In the event that L has a vision disability, it will preserve her income. Lorenzo's family's monthly demands and requirements should be covered by the insurance coverage size.

Choosing insurance is something that L should do.

In light of this, Lorenzo will require $2,550 in disability income. The aforementioned factors should be taken into account when Lorenzo decides to purchase a long-term disability income insurance policy, with the amount chosen to ensure that L's family's financial needs are met.

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Answer:

12,000 units per month

Explanation:

Profit is currently 15,000 × ($50 - $20) - $300,000 = $150,000. If price increases, demand will drop from 15,000 units to 12,000 units per month. hope this helps

Companies must report (B) fully depreciated assets on the balance sheet to show that the asset is still in use.

What is a balance sheet?A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or another type of organization like the government or a not-for-profit entity.A balance sheet provides you with a quick overview of your company's financial situation at any given time. A balance sheet, along with an income statement and a cash flow statement, can aid business leaders in assessing the financial health of their organization.In order to demonstrate that an asset is still being used, businesses must disclose completely depreciated assets on the balance sheet.

Therefore, companies must report (B) fully depreciated assets on the balance sheet to show that the asset is still in use.

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Complete question:

Companies must report ________ on the ________ to show that the asset is still in use.

A: fully depreciated assets; income statement

B: fully depreciated assets; balance sheet

C: gains and losses from asset disposals; income statement

D: periodic depreciation expense; balance sheet

Bonds that can be redeemed at a predetermined dollar amount prior to maturity at the issuer’s discretion are referred to as callable bonds.

The purpose of issuing bonds, a sort of financial instrument for the firm, is to entice capital from investors. Bonds are fixed-income securities that give bondholders monthly interest payments and redeemed bonds at par value. Bonds may be sold for their face value, more, less, or none at all.Callable bonds are those that can be issued at the issuer’s discretion and have a call feature.These bonds are callable at any moment before to maturity for a predetermined sum of money.The answer is callable bonds because they are the type of bond that give the issuer of the bond the right to return the investor’s principal and stop interest payments before the bond matures. However, callable bonds typically come with restrictions on the call option, and they will only be advantageous to the bond issuer if the interest rate is anticipated to fall.

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A green company manufactures its goods with environmentally friendly ingredients. Green firms try to use as little energy, water, and raw materials as they can while reducing carbon emissions, or they find ways to use these resources in environmentally beneficial and sustainable ways.

What does the term "green company" mean?

A green business makes the assertion that its actions reduce harm to the environment. Numerous businesses are taking steps to become more environmentally conscious or "green" as global warming picks up speed and is discussed by world governments more frequently. Making every effort to lessen your influence on the environment is a requirement for being a green business. This can be accomplished by taking simple steps like attempting to use recycled materials, cutting back on the resources your business uses, or experimenting with eco-friendly packaging.

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