A ________ is a senior manager who oversees the use of it in the firm.

Trinity College sold season tickets for the 2019 football season for $400,000. A total of 8 games will be played during Septembe

Softa [21]

Answer:

Trinity College sold 8 Games of ticket in $400,000

Till October 31 the game sorted out = 5 for example (2+3)

Measure of unmerited income on October 31

Unearned ticket revenue = (Amount received in advance × remaining month) / total month

Unearned ticket revenue = ($400,000 × 3) / 8

Unearned ticket revenue = $150,000

Adjusting Journal entry on October 31:

Debit: Unearned revenue = $250,000

Credit: Revenue = $250,000

(To record transfer of unearned revenue, to revenue account)

3 0

2 years ago

Read 2 more answers

For a plaintiff to establish that he or she has standing to sue, the plaintiff must allege ________.

Bad White [126]

For a plaintiff to establish that he or she has the standing to sue, the plaintiff must allege a personal stake in the resolution of the controversy.

<h3>Who is a Plaintiff?</h3>

A plaintiff is an individual or group who initiates a lawsuit in a court of law. The plaintiff by doing so seeks justice and a legal remedy for that particular problem.

When a plaintiff seeks to establish that he or she has a legal standing to sue, he must allege a personal stake in the resolution of the controversy. That way, he would properly establish the fact.

Learn more about a Plaintiff here:

brainly.com/question/7315287

5 0

1 year ago

Dream Homes is an appliance store. It recently launched its own brand of freezers in order to build customer loyalty. The store

Alex787 [66]

The Pricing strategy which Dream Homes implemented is known as Price lining (Option A) which categorized the prices accordingly with the financial soundness of the customers.

Explanation:

The demand for more goods always plays a vital role in ensuring good sales. The likes of the customers towards particular products depend upon the nature of unique features and its fine quality. By capturing the pulse of the purchasing power of the customers, the business ventures fixed the prices according to the level of economical weaker sections, middle, and high-income groups.

In this case, Dream Homes fix the price of freezers by measuring the ability of customers' to buy them without compromising with the customers requirements. Dream Homes uses the price lining method to gain customers' reputation by selling the products accordingly with their status of income level.

8 0

2 years ago

Factors that cause the rivalry among competing sellers to be weak include: Group of answer choices slow growth in buyer demand a

Airida [17]

Answer:

slow growth in buyer demand, weakly differentiated products among rival sellers.

Explanation:

There a number of causes that relate to the firms rivalry among its competitors.

1. Barriers to entry.

2. Bargaining power of the buyers.

3. Bargaining power of the suppliers.

4. Threat of substitutes.

5. Slow industry growth.

6. Lack of differentiation and switching costs.

7. Diverse competitors.

8. High strategic stakes.

7 0

2 years ago

In the perfectly competitive gadget industry there are 10 firms with identical costs given by C = 500 + 20q + q2, none of which

IgorC [24]

Answer:

The explanation is below

Explanation:

A. Shutdown point is achieved when price equal AVC. when price lowers than the AVC, firm shutdown.

VC = q^2

AVC = q

So,

P = q is the shutdown point.

B. For profit maximizing level of output,

P = MR = MC

500 = 20 + 2q

q = 240 units

So, profit maximization level of output = 240 units

C. Firm level supply curve = MC curve above the shutdown point

Number of firms = 5

So,

Industry supply curve = 10*MC = 200+20Q

Industry supply curve = 200+20Q

It shows that MC curve above the shutdown point is supply curve.

4 0

2 years ago