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Within the Discussion Board area, write 300-400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. Closing Entries What are the reasons for closing entries? What accounts are closed? How are closing entries done? What is the result of the closing entry? Merchandising What is the difference between a service and a merchandising business? Provide an example of each. What are three new types of merchandising accounts?
The market demand curve for this product is estimated to be: Q = 6009 – 25P where Q is the number of plate covers per year and P is in dollars. Cost estimation processes have determined that the firm’s cost function is represented by TC = 120 + ..
You are the Benefits Manager for ABC Corporation. The company has grown considerably from a small family-owned business. It has never had a paid vacation policy in the past, and you need to establish one.
Compute a 99% confidence interval rather than a 90% confidence interval. The increase in confidence indicates that we have a better interval.
WSJ's Justin Lahars reports that counties throughout the U.S. have seen employment declines that can be attributed to the importing of inexpensive goods from China.
find out the annual prices of oil for the past 5 years. By what percentage is the current price higher or lower than 5 years ago.
Bleacher tickets for the game were sold out and many fans would have attended if tickets were available? What is the main rationing mechanism to allocate tickets for the game?
Discuss the concepts of marginal product and marginal cost. Also discuss the importance of trends in these and other economic measures and how time-series analysis (trend analysis) can be used or misused to make important management decisions
Explicate Illustrate what will happen to output and the cost level play in this adjustment.
Calculate the present value (PV) of profits for Abe's business at each of the following discount rates: 8%, 9%, 10%, and 12%.
Illustrate what is strategic portfolio management. What is the relationship between strategic portfolio management and project management.
Are the dual goals of economic development and the reduction of population pressure on the envrionment compatible or conflicting objectives?
Describe how the economic theories and principles you have studied in this course have deepened your thinking about economic behavior.
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