Answer:
Cash account reconciliation:
Cash account balance $27,700
subtract bank fees ($110)
subtract NSF check ($580)
Reconciled balance $27,010
Bank account reconciliation:
Bank account balance $26,000
subtract outstanding checks ($5,700)
add deposits in transit $6,300
add error with Smith Company check $410
Reconciled balance $27,010
B) A monopolistically competitive firm faces competition from firms producing close substitutes.
C) A monopolistically competitive firm is guaranteed to make more than normal profits in the long run.
D) A monopolistically competitive firm does not choose a level of output where marginal cost is equal to marginal revenue.
Answer:
Letter b is correct. A monopolistically competitive firm faces competition from firms producing close substitutes.
Explanation:
Monopolistic competition is an economic situation that occurs when companies exhibit imperfect competition, that is, companies market similar but not identical products, which characterize them as substitute but not perfect substitute products.
Products may have different variables, such as quality, price and reputation in the market. The greater the degree of product differentiation, the more price control the company will have.
the answer is:
c. excellent and poor credit ratings
Answer:
The correct answer is: intervention.
Explanation:
The organization development process involves spotting improvement areas of a company so new and existing strategies can be implemented to solve those issues. The organization development process involves five (8) stages: entry signals, purpose, assessment, action plan, intervention, evaluation, adoption, and separation.
In the intervention stage, after the action plan has been outlined, managers implement the series of steps that lead to solving the problematic situation once it has been identified and if new minor issues arise, they are in charge of adjusting the strategy not to affect or delay the plan implementation process.
2: rescind it.
3: order the parties to renegotiate it.
4: not enforce it.
Answer:
4: not enforce it.
Explanation:
It may be stated that the court does not exercise this additional agreement in this particular case based on the information provided in the question. This is due to the fact that it is not directly clear for payment. Because they make extra payments for the Genovey contract, they try to overcome the odds, and if these limitations are beyond their control they cannot do so.