Mark recently started a small consulting firm. He is drafting a detailed written statement that describes the nature of the business, the target market, the advantages the business will have over competition, and the resources and qualifications of the owner(s). Mark is writing a(n)

Price is constant to the individual firm selling in a purely competitive market because each seller supplies a negligible fraction of the total supply.

A hypothetical market system is referred to as perfect competition. There are no monopolies under a scenario of perfect competition. A few essential traits of this type of structure include:

Hence, the price is constant to the individual firm selling in a purely competitive market because each seller supplies a negligible fraction of the total supply.

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Price is constant or given to the individual firm selling in a purely competitive market because : each seller supplies a negligible fraction of the total supply.

A competitive person is eager to be more successful than other people. He has always been ambitious and fiercely competitive. Synonyms: ambitious, pushing, opposing, etc.

Competitive people are usually the ones that have found something they care about deeply. They are good at finding a reason to care about what they're doing. They realize that they might not start out good at something, but they find a reason to practice and become better.

An example of competitive is the process in which major league baseball teams play against each other. An example of a competitive is a student who wants to be number one in her class.

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Trade credit

Small firms may be able to get finance in the form of trade credit from their suppliers. Suppliers enable the company to obtain the products and services it requires and pay for them later or in installments.

A business-to-business (B2B) agreement known as trade credit allows customers to make purchases of goods without paying in cash upfront and to make payments to suppliers at a later date. Businesses that use trade credits typically give customers 30, 60, or 90 days to make payment, with the transaction being documented by an invoice.

Trade credit can be compared to a form of 0% financing because it increases an organization's assets while deferring payment for a certain amount of products or services to the future and requires no interest payments throughout the repayment period.

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The firm's sustainable growth rate is  18.75%

Calculation of SGR :-

1) Calculate the retention ratio

2) Calculate the return on equity (ROE)

3) Calculate the sustainable growth rate (SGR)

Hence, by using the above formula the sustainable growth rate  of the firm is 18.75%

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Correct Question - A firm projects net income to be $500,000, intends to pay out $125,000 in dividends, and had $2 million of equity at the beginning of the year. The firm's sustainable growth rate is:

a. 5%

b. 18.75%

c. 6.25%

d. 4.69%

Not a payroll tax deduction is B. Sales tax. Sales tax is the Tax imposed by the government body during the sale of the goods and services at a retail level.

While payroll tax is the tax which is charged on the salary of the employees and this tax is charged by the employer. payroll taxes are directly subtracted from the salaries of the workers and directly paid to the interior revenue services by the employer.

There are four primary types of payroll taxes: federal income, Social Security, Medicare, and federal unemployment. Workers must pay Social Security and Medicare taxes through payroll deductions, and most employers also remove federal income tax payments.

All salaries – including superannuation, allowances and fringe usefulness – paid to apprentices and trainees are liable for payroll tax and must be included in your recoveries. You can claim a payroll tax refund on wages paid to approved trainees and new entrant learners who are recognised by Training Services NSW.

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The number of stores will be 3 and the opportunity cost of building 3 more stores will be 6 apartment buildings.

The Vertical Line represents the number of Stores. The horizontal line represents the number of Apartments.

Take a look at point E. When the apartment is 9, the stores that they could build is 3.

In point C, the company produces 6 Apartments and 7 Stores. If the company wants to build 3 more stores it would become 10 stores. Take a look at point A. Where the stores are 10, the company cannot build any apartments, which means that they had to sacrifice all 6 from point C.

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Jose's monthly parking fee for April was $150; for many, it was $10 more than April and for June $40 more than May. His average monthly parking fee was $166 for these 3 months

The month is the unit of time used in the calendar and is approximately the length of the month's natural orbital period. The words moon and moon are related. The traditional concept was born from the cycle of the phases of the moon. Such a lunar month (“Lunar month”) is a lunar month and lasts about 29.53 days.

From the excavated counting rods, researchers conclude that humans are already counting days in relation to the phases of the Paleolithic moon. Based on the lunar orbital period associated with the Earth and Sun lines, the lunar month is still the basis of many calendars today and is used to divide the year.

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The three purposes for which individuals or groups can use products in order for it to be considered a business market are:

This is further explained below.

Generally, A market is a location where individuals, often buyers and sellers, may congregate to assist the buying and selling of various commodities and services.

In conclusion, It is necessary for people or organizations to utilize items for at least one of the following three objectives for there to be a market for commercial goods and services:

On resale; for use in day-to-day activities; as a direct input into the production of other goods.

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 According to the theory of comparative advantage, countries and the world gain from trade because Exports give a country a political advantage over other countries that export less.

Trade is the voluntary exchange of goods or services between economic agents. Transactions are generally assumed to benefit both parties, as they are consensual. In finance, trading refers to the buying and selling of stocks and other assets.

Trade is central to ending global poverty. Countries open to international trade tend to grow faster, innovate, be more productive, and provide higher incomes and more opportunities for their people. Open trade also benefits low-income households by providing consumers with more affordable goods and services.

The question is incomplete. Please read below to find the missing content.

According to the theory of comparative advantage, which of the following is not a reason why countries trade?

a. Comparative advantage.

b. Costs are higher in one country than in another.

c. Prices are lower in one country than in another.

d. The productivity of labor differs across countries and industries.

e. Exports give a country a political advantage over other countries that export less.

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The storage of funds for future use is a purpose of time deposits, which include savings accounts and certificates of deposit.

You can buy a time deposit, like a CD, at almost any bank, credit union, or other financial organization. Other terms as well as the interest rates paid vary. One bank can, for instance, provide a better return but demand a larger down payment. Shopping around pays off. The majority clearly display and heavily promote their rates.

In essence, a CD is a savings account that is formed with the agreement that the owner won't touch the funds for a predetermined amount of time. This may take a few weeks to several years. Short-term time deposits have terms of one year or less. Any sum in excess of that is a long-term deposit.

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The term which is used to describe the day to day actions & capabilities that help a person to be productive and well rounded is called life skills. Life skills are refered to as a series of social competencies and interpersonal skills that assist people make quality decisions, solve problems, and think critically and creatively, converse in speech function effectively, behave well, relate with others, and manage their lives.

The basic life skills include the following:

Therefore, the correct answer is as given above

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Your success will invite others to open competing restaurants and ultimately your profits will be driven to zero.

When trade or business is brisk, a lot of money is being made and goods are being sold extremely quickly. Souvenir vendors were doing good business. Since, the restaurant is doing a brisk business, this success will invite others to open competing restaurants and ultimately your profits will be driven to zero.

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When curt’s catering first opened, the owner decided to target only events at resorts in its geographic region. curt’s catering was using a(n) concentrated targeting strategy.

Concentrated marketing is a marketing strategy in which a company focuses on a specific audience for most or all of its marketing initiatives. Companies that use focused marketing emphasize how their products meet the unique needs of a niche audience.

A marketing segmentation strategy in which we focus all our efforts and resources on services to market segments. Also known as niche marketing.

There are typically four different types of market targeting strategies.

Mass Marketing (Undifferentiated Marketing)

Segmented Marketing (Differentiated Marketing)

Centralized Marketing (Nitch Marketing)

Micro Marketing.

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The business tactic described in the text that the Bissell brothers used to become business owners is, they are the bosses, which means that they make their own decisions.

Bissell Brothers was founded in 2013 by two brothers, Peter and Noah Bissell which is based in Portland. These two Bissell brothers started their own small business, and they ran their own company, took their own decisions, and did not depend on partners, higher authorities or investors for any ideas.

Hence, they are the bosses of their business. Only when their business grows big, they have managers to help them in their business.

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Monetary policy is the best way to influence economic growth.

Appeared as a leader of the Chicago school of financial economics, Friedman burdened the importance of the quantity of cash as a device of government coverage and a determinant of enterprise cycles and inflation. His monetarism principle proposed that cash delivery modifications have immediate and long-term effects.

Milton Friedman became a U.S. economist and Nobel laureate known as the most influential propose of loose-marketplace capitalism and monetarism in the 20th century.

The monetarist principle is an monetary concept that contends that changes in cash deliver are the maximum good sized determinants of the charge of monetary increase and the behavior of the commercial enterprise cycle.

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No, she is not liable for paying an excise tax on her short-term rental because it only applies to short-term rentals of fewer than eight consecutive days.

A statute governing and taxing short-term house and condo rentals was approved by the governor on December 28 and became law on January 1, 2019. A rental with a duration of 31 days or less is considered short-term. Exemptions from this tax include annual and long-term leases (32 days or more). 2019 January 1 marked the start of the tax. The rental tax must be included in any lease that is signed on or after this date for a rental period that starts on July 1, 2019, or later.

All rentals beginning before July 1st, 2019 were therefore exempt from taxation. Like any tax paid at a hotel or motel, the lodging tax is the responsibility of the tenants. Vacationers are growing more accustomed to paying one since private rental lodging taxes are widespread around the nation, including in every other New England state. Renters must pay this tax regardless of the type of residence they choose because no one is exempt.

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If you believe your supervisor in your work setting is forcing you to act in what you consider to be an unethical manner, you should try to work with your supervisor to resolve the problem.

If you have a moral query and you are having a problem you make a decision, you should talk over it with colleagues. in case you believe some other counselor is behaving in an unethical way, the primary stuff you should do is discuss the matter with the counselor and attempt to get him or her to change their conduct.

Whilst a counselor who is running beneath supervision shares exclusive facts about customers along with her or his manager: that is suitable conduct due to the fact the supervisor desires the data so that it will supervise effectively.

Whilst counseling a customer from a racial, ethnic, or cultural group one-of-a-kind from the counselor's, it's far essential for the counselor to understand that: despite the fact that positive corporations percentage comparable trends or ideals, every person is unique and may not be like maximum others from his or her organization.

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Gas, Insurance, Registration are the financial responsibility that comes with vehicle ownership.

Financial responsibility laws, which are frequently related to automobiles, call on an individual or organisation to demonstrate that it is financially capable of covering accident-related expenses. The party is not expressly required under financial responsibility legislation to carry insurance. Instead, even if they are not at fault, the law demands that they be able to prove they have the resources to cover the entire cost of the losses.

For a number of different reasons, authorities may request proof of adherence to financial responsibility regulations. Police officers may demand proof after an accident has happened during routine traffic stops unrelated to accidents, while registering a car, and when applying to have a revoked or suspended driver's licence reinstated.

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The SAFE act assures the payment of otherwise non-collectable court judgments against licensees who have committed fraud, misrepresentation, deceit, or conversion of trust funds in a transaction.

This was the act in the United States that made it mandatory for houses to be registered and licensed.

The act is based on houses that are used as residences. The full meaning of the act is the  Secure and Fair Enforcement for Mortgage Licensing Act.

The main purpose of the SAFE act is to try to ensure that consumers are protected and also help in the reduction of fraud. This would be done by setting a standard for licensing and the originators of mortgage loans.

Hence the correct answer to the question is the SAFE act.

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Based on the law of supply and demand if orchards go out of business and income decreases, the  equilibrium price of apples to increase and the equilibrium quantity of apples in the market to decrease.

Due to scarcity, the prices of apple would increase in the market. People would have to pay more to get the product which is now scarce.

When goods are few in the market they become more expensive than they were before.

The law of supply states that as the price of a good rise, the quantity supplied also rise and as the price of a good go down or fall, the quantity supplied also go down or fall.

The law of demand states that that as the price of a good rise, the quantity demanded go down or fall and as the price of a good go down or fall, the quantity demanded also rise.

Therefore, we can conclude that the correct option is E. The law of supply and demand if orchards go out of business and income decreases, the  equilibrium price of apples to increase and the equilibrium quantity of apples in the market to decrease.

Your question is incomplete, but most probably your full question was:

According to a supply and demand model for apples, if the average household income decreases at the same time ten apple orchards go out of business, one would expect the:

a. equilibrium quantity of apples in the market to be indeterminate and the equilibrium price of apples to increase.

b. equilibrium price of apples to be indeterminate and the equilibrium quantity of apples in the market to increase.

c. equilibrium quantity of apples in the market to decrease and the equilibrium price of apples to be indeterminate.

d. equilibrium quantity of apples in the market to decrease and the equilibrium price of apples to stay the same.

e. equilibrium price of apples to increase and the equilibrium quantity of apples in the market to decrease.

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Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.

The cash flow statement reveals how much money is made or spent on operating, investing, and financing activities during a certain time period, bridging the gap between the income statement and the balance sheet.

The cash generated or spent in relation to investment activities is shown in the cash flow from investing activities portion of the cash flow statement.

Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity.

If management is investing in the long-term health of the company, negative cash flow from investing operations could not be a bad indicator.

Hence, Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.

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Planning and organizing is how a project manager makes use of productivity tools and creates processes. The project manager may need to use certain tools and processes to do tasks like create a schedule and share information.

Planning and organizing serves as the managerial function that portray how  how a project manager makes use of productivity tools and creates processes.

In this case, The project manager may need to use certain tools and processes to do tasks like create a schedule and share information.

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The first requirement for accounting for a promised good or the service as a separate performance obligation is that the promised good or the service is "capable of being distinct."

Promised products or services are those that are transferred to the entity's client in line with the contract (i.e., those that result in the customer gaining possession of an asset).

A performance obligation is a promise to supply a good or service (or a series of distinct goods or services that are substantially the same and that have the same pattern of the transfer to the customer). It can be both implicit and explicit.

Therefore, answer is capable of being distinct.

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Interest is capitalized when incurred in connection with the construction of plant assets because, during construction, the asset is not generating revenue

This refers to the amount or rate that is added to a principal amount and this is usually done when a loan is collected.

Hence, we can see that when plant assets are being constructed, interest is capitalized and the main reason why this happens is that the asset is not generating revenue.

Furthermore, actual interest is the only thing that should be capitalized and this is because, during construction, the asset is not generating revenue and therefore companies should defer (capitalize) interest cost.

Thus, Interest is capitalized when incurred in connection with the construction of plant assets because, during construction, the asset is not generating revenue.

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Considering the situation described above, Pittsburgh-based Consol Energy's coal business largely depends on "Derived demand."

Derived demand is a type of demand that arises from the demand for something related.

In other words, derived demand is a demand for goods and services like raw materials due to demand for its final products.

Hence, in this case, since the Pittsburgh-based Consol Energy's business is dependent on demand from particular consumers, whose business needs are also dependent on demands from specific consumers, this is then an example of Derived demand.

Therefore, in this case, it is concluded that the correct answer is option C, "Derived demand."

Your question is incomplete, but most probably your full question was:

Pittsburgh-based Consol Energy's coal business largely depends on orders from utilities and steel companies which, in turn, depend on broader economic demand from consumers for electricity and steel-based products like automobiles and appliances because of ________.

a. multiple sales calls professional purchasing

b. multiple buying influences

c. derived demand

d. fluctuating demand

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Arguing that globalization is ultimately driven by joint gains from mutually beneficial trade is an argument from the liberal perspective.

Liberal beliefs regarding the nature and purpose of law are centered on defending individual freedom. Liberals, following John Stuart Mill, argue against enforcing morality on the grounds that the use of coercion or control is not justified by society's conception of what is ethically appropriate. According to the liberal perspective, acts that damage or wrong people but to which they consent—often referred to as victimless crimes—are not properly criminalized. Thus, for a liberal, the border between the sex that ought to be criminalized and sex that shouldn't is the line between uninvited sex and sex that ought to be allowed.

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The interest holds that a rise in price level will make domestic goods relatively more expensive, rate exports and effect imports.

domestic goods  are goods that are being produced locally in a particular country which can as well be exported out.

In this case, The interest holds that a rise in price level will make domestic goods relatively more expensive, rate exports and effect imports.

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There is no industry which can not relay on estimation, all industries needs estimation.

The two primary categories of this profession are construction and manufacturing, according to the Bureau of Labor Statistics. It states that more than half of all cost estimators work in the construction industry, where they may further specialize in projects for homes, businesses, industries, or the government.

Cost estimation aids in setting the project budget, planning the required work, and managing new resources. Cost estimates are also of the utmost importance when trying to win over new clients. Before starting actual building, property owners also utilize cost estimates to evaluate the viability of their projects.

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For a bond issue which sells for less than its face amount, the market rate of interest is higher than the rate stated on the bond.

Bonds can be sold for more and less than their par values because their interest rates change depending upon the market conditions. Like most fixed-income securities, bonds are highly correlated to interest rates. Thus, when interest rates go up, a bond's market price will fall and vice versa.

The actual market value of a bond may not be reliably as indicated by its face value because there are many other influencing forces at play, such as supply and demand in the market.

Hence, when the price of a bond goes above its face value, it is said to be a premium bond, and when the price is below its face value, it is known as a discount bond.

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To Maximize the Profit the Firm should Decrease its production.

The three primary characteristics of perfect competition are

Therefore, to uphold its position in the market the firm should decrease

its production.

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