Market share can be measured as the ratio of a company's units sold compared to the total industry units sold.
To calculate market share, you need to determine how much of the total industry's product or service is being sold by a specific company. This measurement helps gauge the company's position in the market and its competitiveness. To calculate market share, you need to follow these steps:Determine the number of units sold by the company you are analyzing. Determine the total number of units sold in the entire industry. Divide the number of units sold by the company by the total number of units sold in the industry. Multiply the result by 100 to express the market share as a percentage.
For example, let's say Company A sold 100,000 units of a product, and the total industry sales were 500,000 units. To calculate Company A's market share:
Market Share = (Company A's units sold / Total industry units sold) * 100
Market Share = (100,000 / 500,000) * 100
Market Share = 20%
So, Company A holds a 20% market share in this particular industry.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
Answer:
Option A
Explanation:
The complete question is
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
a) 2 hours
b) 1 hour
c) 1 hour and 40 minutes
d) 90 minutes
Solution
There are four lanes.
Capacity of one lane is equal to 1,000 vehicles/lane/hour.
Let us say that each lane will provide access to equal number of vehicles
Thus, each lane will allow 10,000/4 = 2500 vehicles per hour
Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.
The nearest answer to this option A i.e two hours
Which of the following is a benefit of a bank?
A. You can get your cash quickly and easily.
B. A bank is insured by the federal deposit insurance corporation
C. You assets are safe from theft, loss, and fires
D. All the above
Answer:
D
Explanation:
Answer:
D. All the above
Explanation:
quizlet swarten corporation issued600sharesofno-parcommonstockfor$8,200.prepareswarten’s journal entry if (a) the stock has no stated value, and (b) the stock has a stated value of $2 per share.
The journal entry would be as follows: (a) If the stock has no stated value, the entry would debit Cash for $8,200 and credit Common Stock for $8,200. (b) If the stock has a stated value of $2 per share, the entry would debit Cash for $8,200 and credit Common Stock for $1,200 and Additional Paid-in Capital for $7,000.
(a) When the stock has no stated value, the entire proceeds received from issuing the shares are recorded as Common Stock. The entry would be:
Debit: Cash $8,200
Credit: Common Stock $8,200
(b) If the stock has a stated value of $2 per share, a portion of the proceeds is allocated to Common Stock equal to the stated value per share, and the remaining amount is recorded as Additional Paid-in Capital. The entry would be:
Debit: Cash $8,200
Credit: Common Stock $1,200
Credit: Additional Paid-in Capital $7,000
In both cases, the Cash account is debited to reflect the inflow of cash from the issuance of stock, while the Common Stock and Additional Paid-in Capital accounts are credited to record the issuance of shares and the allocation of proceeds between the stated value and additional paid-in capital, depending on the presence or absence of a stated value for the stock.
Therefore, (a) If the stock has no stated value, the entry would debit Cash for $8,200 and credit Common Stock for $8,200. (b) If the stock has a stated value of $2 per share, the entry would debit Cash for $8,200 and credit Common Stock for $1,200 and Additional Paid-in Capital for $7,000.
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COMPLETE QUESTION
Swarten Corporation issued 600 shares of no-par common stock for $8,200. Prepare Swarten's journal entry if (a) the stock has no stated value, and (b) the stock has a stated value of$2 per share.
Which statement describes a benefit of credit cards over debit cards
Answer:
A
Explanation:
Credit cards allow you to buy things even without the full funds.
Debit cards do not.
what are the similarities between domestic and industrial water use
The similarities between domestic and industrial water use are:
1. Both require water: Both domestic and industrial water use require water, and both draw water from the same sources such as rivers, lakes, underground aquifers, and reservoirs.
2. Both involve treatment processes: Both types of water use involve the use of treatment processes. Domestic water treatment processes involve disinfection, filtration, and softening. Industrial water treatment processes are more complex and require specialized treatments to remove contaminants.
3. Both require distribution networks: Both domestic and industrial water use require a distribution network to deliver water. Domestic water distribution networks are typically smaller than industrial networks.
4. Both generate wastewater: Both domestic and industrial water use generate wastewater that must be treated to remove contaminants before being discharged.
5. Both require conservation efforts: Both domestic and industrial water use require conservation efforts to protect the environment and ensure that future generations have access to clean water.
Overall, both domestic and industrial water use require similar processes and infrastructure to deliver and treat water.
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Maddie is creating a survey to determine student's favorite place to shop. This type of research is
Primary
Secondary
Media
Product
Answer:
Primary
Explanation:
Any survey is an example of a primary research.
The research by Maddie, who created a survey to determine students' favorite places to shop, is A. Primary research.
What is primary research?Primary research depends on direct data and not on previous data collected by another researcher.
For example, Maddie's creation of a survey to determine students' favorite places to shop demonstrates primary research.
Thus, the research by Maddie, who created a survey to determine students' favorite places to shop, is Option A.
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Which is not an expense account?
Repairs
Advertising
Rent
Interest
Accrued
The answer option which is not an example of an expense account is: E. Accrued.
What is an expense account?An expense account can be defined as a type of account that include an amount of money (funds) that are paid to an employee by an employer of labor, so as to enable the employee spend the fund on things related to his or her job.
In Business management, some examples of an expense account include the following:
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1. When the quantity supplied is larger than the quantity demanded.: When the quantity supplied is larger than the quantity demanded. 2. The quantity that is supplied and demanded at the equilibrium price.: The quantity that is supplied and demanded at the equilibrium price. 3. The point at which the quantity supplied equals the quantity demanded.: The point at which the quantity supplied equals the quantity demanded. 4. The price that equates the quantity supplied with the quantity demanded.: The price that equates the quantity supplied with the quantity demanded. 5. When the quantity demanded is larger than the quantity supplied.: When the quantity demanded is larger than the quantity supplied. Column B a.Equilibrium Price b.Excess Supply c.Equilibrium d.Excess Demand e.Equilibrium Quantity
Answer:
1. b.Excess Supply
2. e.Equilibrium Quantity
3. c.Equilibrium
4. a.Equilibrium Price
5. d.Excess Demand
HELP QUICK PLEASE!!!!! William is not generally a risk-taker, but he knows he may need to step out of his comfort zone to make enough money for retirement. Which investment option would best meet William’s needs?
a US savings bond
a savings account
a commodity
a certificate of deposit
Definition of Diversification-
Answer:
the action of diversifying something or the fact of becoming more diverse
Explanation:
In recording the cost of merchandise sold for cash, based on data available from perpetual inventory records, the journal entry is.
The cost of merchandise sold for cash, based on data available from perpetual inventory records, the journal entry is cash account is credited and merchandise account is debited.
The journal entry is a form of transaction passed in the books of accounts to keep a record and then approaching and posting them in the form of entries in the financial statements of the company.
Merchandise account is account which is giving out cash and is debited and the cash is been received so it is been credited. This is double entry book keeping concept where double effect records is shown in books of account.
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a company owes wages of $40,000 at the end of the month. the next payroll amounting to $60,000 is to be paid in the following month. what will be the journal entry to record the payment of salaries?
When a company owes wages of $40,000 at the end of the month, the next payroll amounting to $60,000 is to be paid in the following month, and the journal entry to record the payment of salaries can be calculated in two ways; Accrual basis and Cash basis accounting.
Let's assume the company owes wages to its employees for the month of June, but the payroll will be made in July. On the accrual basis of accounting, the following journal entry will be made: Salaries Expense $40,000 Salaries Payable $40,000(To record the salary owed to employees at the end of the month)On July 31, when the salaries are paid, the following journal entry will be recorded: Salaries Payable $40,000Cash $60,000Salaries Expenses, $40,000(To record the payment of salaries owed for June)If the company is on the cash basis of accounting, the following entry will be made when the payment is made in July: Salaries Expense, $60,000Cash, $60,000(To record the payment of salaries owed for June)Therefore, the correct journal entry to record the payment of salaries would be Salaries Payable $40,000 and Cash $60,000.
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What concept states that the timing of the receipt or payment of a cash flow will affect its value to the holder of the cash flow?
The concept that state the timing of the receipt or payment of a cash flow will affect its value is known as time value of money. Time value of money can be used to predicted the amount of money in the retire.
In the term of business and financial accounting, the time value of money also can be called as TVM. Time value of money generally can be defined as the concept that a sum of money is worth more now than the same sum will be at a future date. Time value of money is predicted due to its earnings potential in the interim. There are several aspects that affected through time value of money, such as present value (or also known as PV), time as stated as the number of periods (or also known as n), interest rate (or also known as r), and future value (or also known as FV).
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What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
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A storm will hit a small town soon. Residents are advised to head out to
purchase water, canned food, and other emergency supplies. When residents
go to make their purchases, they notice that the supermarkets have greatly
raised the prices of certain items. Which price strategy is this?
Answer:
Price Gouging!
Explanation:
Price gouging occurs when a seller increases the prices of goods, services or commodities to a level much higher than is considered reasonable or fair. Usually, this event occurs after a demand or supply shock. Common examples include price increases of basic necessities after natural disasters.
When the supermarkets increased prices greatly at such a juncture, this is known as Price gouging.
Price gorging:
Refers to when prices are raised by retailers exorbitantly in response to sudden increase in demand Usually happens during disasters and emergenciesIs usually illegalThe supermarkets is engaging in price gorging by increasing the prices so greatly due to the impending storm. Authorities can come against these supermarkets for this.
In conclusion, the supermarkets are engaging in price gorging.
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An airline promotion to business travelers is based on the assumption that two-thirds of business travelers use a laptop computer on overnight business trips.
a.) state the hypotheses that can be used to test the assumption.
h0:p
ha:p
b.) what is the sample proportion from an american express sponsored survey that found 365 of 543 business travelers use a laptop computer on overnight business trips (to 2 decimals)?
c.) what is the p-value (to 4 decimals)?
The answers of the airline promotion questions are: a) H0: p Ha: p ≈ 0.67 The significance level, α=0.05. b) = 0.67 c) p-value = P(z>0) = 0.5000
There is insufficient data to conclude that more than two thirds of business travelers utilize laptop computers when on overnight business trips. Promotion includes a wide range of activities aimed at increasing public awareness or advancing a product. When referring to a career, promotion is raising a worker's rank or position within a hierarchical system. Promotion, as used in marketing, describes raising interest in a product through marketing or a lower price. It can include increasing an employee's position, spreading word about certain product bargains, or generating interest in undervalued stocks. In the marketing industry, they are routinely given. The most frequent usage of the phrase is in reference to a work promotion.
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Patty’s Pottery Company decided to sell its coffee mugs in the local coffee shop. What marketing decision was this?
Question 10 options:
Place
Promotion
Product
Price
Answer:
A- Place
Explanation:
Place refers to distribution or the methods and location.
you+expect+delta+ltd.+to+pay+a+$5+dividend+and+you+believe+you+can+sell+the+stock+for+$150+in+one+year.+if+the+required+return+on+equities+is+25%,+what+is+your+valuation?
The correct answer is $86.20 the total valuation for given equties.$86.35. 2 The corporation may thus be valued at $86.35 x 7.715 billion, or $666.19 billion, with a total outstanding share count of 7.715 billion.
An illustration of how to value a firm using the market capitalization approach is given below: A company's share price on the stock exchange is 350. 10,000 shares in total have been issued. It possesses 2000 shares of Treasury stock. Subtract 2000 from 10,000 to determine the number of outstanding shares in the first step. Calculating the fair worth of an asset, an investment, or a company through valuation is a quantitative procedure. In general, a company's worth can be determined either on an absolute basis, in relation to other similar firms or assets, or on a relative basis.
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Levels of agriculture?
Answer:
Helloooo
the steps are :-
Soil preparationmanuringirrigationweedingharvestingstoringExplanation:
thanks hope it helps
Which best describes the business, management, and administration career cluster?
Answer:
are careers that are focused on running businesses.
Explanation:
The Business, Management, and Administration career cluster includes business skills essential to efficient, productive operations for any company (Administrative and information support, Business analysis, Business, financial management and accounting, Human resources, Management..) The Business, Management, and Administration career cluster is best described with the following: These are careers that are focused on running businesses.
Correct answer: A
if there is a decrease in demand for lettuce, we would expect: group of answer choices both the price and quantity sold to increase. both the price and quantity sold to decrease. the price to decrease and the quantity sold to increase. the price to increase and the quantity sold to decrease.
If there is a decrease in demand for lettuce, we would expect both the price and quantity sold to decrease. The correct option is b.
We would anticipate a fall in pricing and sales volume if there was a decline in lettuce demand. Usually, when demand for a product declines, both the price and the amount sold decline as well. Because fewer people are willing to purchase lettuce, producers may reduce the price to boost sales. The amount of lettuce sold would be at a lower price, but this price drop probably wouldn't be enough to make up for the drop in demand.
Thus, the ideal selection is option b.
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Your complete was as follows:
if there is a decrease in demand for lettuce, we would expect a group of answer choices
a. both the price and quantity sold to increase.
b. both the price and quantity sold decrease.
c. the price to decrease and the quantity sold to increase.
d. the price to increase and the quantity sold to decrease.
Question #4
Multiple Choice
Values are principles that typically guide or influence an individual's decision-making process. Two
areas of life most often affected or influenced by values include
emotions and reactions
decisions and responses
physical health and feelings
attitudes and behaviors
The two spheres of life that are most frequently impacted or altered by values are attitudes and behaviors. The correct response is option (4).
Define attitudes and behaviors.An individual's attitude is defined as their mental perspective, or how they feel or think about someone or something. Behavior describes the actions, motions, conduct, or behaviors of an individual or a group toward other individuals. built upon. Experience and observation.
When people put more focus on their own attitudes and feelings, they tend to act more in line with those feelings, therefore there is a link between attitude and behavior. Additionally, when people feel greater responsibility for their individual actions rather than the actions of a collective, their opinions are more consistent with their behavior.
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Mining Companies have a major role to play in facilitating and promoting the culture of equality and therefore eliminating Gender based violence from the workplace and communities that host/ border mining project developments. a) What are some of the reasons that you believe gender based violence has become so prevalent on mining sites and in surrounding communities. (5 marks) b) During the screening phase of an EIA project in Guyana concerns were raised by villagers in the area about "Increased incidences of sexual exploitation of indigenous women and young girls by people who have come into the communities to work for the company."
Gender-based violence has become prevalent on mining sites and in surrounding communities due to a combination of factors such as male-dominated work environments, social and economic inequalities, lack of awareness and education, limited access to support services, and a culture of impunity.
Gender-based violence on mining sites and in surrounding communities can be attributed to several reasons. Firstly, the mining industry is historically male-dominated, with a significant gender imbalance in the workforce. This power dynamic can perpetuate harmful attitudes and behaviors towards women, leading to increased incidents of violence.
Secondly, mining projects often bring rapid social and economic changes to communities, resulting in unequal power dynamics and social tensions. These changes can disrupt traditional gender roles and exacerbate existing gender inequalities, making women and girls more vulnerable to violence.
Thirdly, the lack of awareness and education about gender issues and violence prevention contributes to the prevalence of gender-based violence. Limited knowledge about consent, healthy relationships, and gender equality can perpetuate harmful norms and behaviors.
Furthermore, the remote locations of many mining sites can limit access to support services and justice systems. This lack of resources and infrastructure can prevent survivors from seeking help and perpetrators from being held accountable, perpetuating a culture of impunity.
Lastly, the overall culture and norms within the mining industry and surrounding communities play a significant role. If there is a lack of commitment from mining companies to prioritize gender equality, enforce policies against violence, and promote a safe and inclusive work environment, it can contribute to the prevalence of gender-based violence.
In conclusion, gender-based violence on mining sites and in surrounding communities is a complex issue influenced by multiple factors. Addressing this problem requires a comprehensive approach that involves creating gender-inclusive work environments, promoting education and awareness, strengthening support services, and holding perpetrators accountable. By actively working towards equality and addressing the root causes of violence, mining companies can play a crucial role in eliminating gender-based violence from their workplaces and the communities they operate in.
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The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:
Amount
Sales $ 1,260,000
Selling price per pair of skis $ 450
Variable selling expense per pair of skis $ 50
Variable administrative expense per pair of skis $ 19
Total fixed selling expense $ 155,000
Total fixed administrative expense $ 105,000
Beginning merchandise inventory $ 70,000
Ending merchandise inventory $ 105,000
Merchandise purchases $ 285,000
Required:
1. Prepare a traditional income statement for the quarter ended March 31.
2. Prepare a contribution format income statement for the quarter ended March 31.
3. What was the contribution margin per unit?
Answer:
Refer to the below explanation
Explanation:
1. Traditional income statement.
Revenue $1,260,000
Cost of goods sold = Beginning inventory + purchases - Ending inventory
= $70,000 + $285,000 - $105,000
=$ 250,000
Gross profit= Sales - cost of goods sold
= $1,260,000 - $250,000
=$1,010,000
Administrative expenses = $19 × ($1,260,000/450) + $105,000
= $158,200
Selling expenses = $50 × ($1,260,000/450) + $155,000
=$295,000
EBITDA = $556,800
2. Contribution margin statement
Sales. = $1,260,000
Less
Total Variable cost:
Cost of goods sold =$250,000
Variable selling exp.
2800 × $50=$140,000
Administrative exp.
2800 × $19=$53,200
Total variable cost. =$56,800
Contribution margin =$1,203,200
Less
Total Fixed costs:
Selling expenses =$155,000
Administrative expenses=$105,000
Total fixed cost =$260,000
Net profit. = $943,200
3. Contribution margin per ratio
= Contribution margin / Quantity
=$1,203,200 / 2,800
=$430
A single-phase queuing system in which each arriving customer will be served by a three-member crew has four crews with three members each. The number of "servers" is
Answer:
The number of "servers" is 12.
Explanation:
This is because, for a customer to be served by 1 3-member crew, it shows that, there a 3 servers. But, this crew of 3 servers is divided into 4 different group (4-crews), hence, the total number of servers = 12.
HELP PLEASE, THIS IS TIMED!!!!!!
Explanation:
I think the answer it's c
Dept. 1 started the month with no work in process. During the month, 10,000 units were started and 8,000 units were completed and transferred to Dept. 2. The ending work in process units in Dept. 1 are 100% complete as to materials and 70% complete as to conversion costs. Equivalent units of production for Dept. 1 using weighted-average costing equals ______.
a. 10,000 units for materials and 7,000 units for conversion costs
b. 10,000 units for materials and 8,000 units for conversion costs
c. 9,400 units for materials and conversion costs
d. 8,000 units for materials and conversion costs
e. 10,000 units for materials and 9,400 units for conversion costs
The correct answer is e. 10,000 units for materials and 9,400 units for conversion costs.
Equivalent units of production using weighted-average costing, we need to add the units completed and transferred out to the equivalent units in ending work in process. The equivalent units are calculated by multiplying the number of units by the percentage of completion for each cost element (materials and conversion costs).
For Dept. 1, the equivalent units of production for materials are:
8,000 units completed and transferred out
1,000 units in ending work in process (100% complete)
= 9,000 equivalent units for materials
The equivalent units of production for conversion costs are:
8,000 units completed and transferred out
(10,000 units started - 8,000 units completed) x 70% = 1,400 units in ending work in process (70% complete)
= 9,400 equivalent units for conversion costs
Therefore, the equivalent units of production for Dept. 1 using weighted-average costing are 10,000 units for materials and 9,400 units for conversion costs.
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explain why it is desirable to deny elizabeth mason access to processing cash receipt transactions, processing credit memos, and processing general journal transactions
Denying Elizabeth Mason access to processing cash receipt transactions, processing credit memos, and processing general journal transactions may be desirable ensure segregation of duties, internal controls with in an organization.
In the realm of finance and accounting, transactions refer to specific activities or events that involve the exchange or transfer of goods, services, or money between two or more parties. These events are recorded systematically to capture the financial impact they have on an organization. Transactions can include sales, purchases, payments, receipts, expenses, investments, loans, and other financial interactions. Accurate and timely recording of transactions is crucial for maintaining reliable financial records, tracking financial performance, complying with regulations, and facilitating decision-making processes within businesses and organizations.
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