at the end of the current period oriole had a projected benefit obligation of and pension plan assets of what are the accounts and amounts that will be reported on the company's balance sheet as pension assets

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Answer 1

The accounts and amounts that will be reported on the company's balance sheet as pension assets are:

1. Pension Plan Assets: The amount reported will be equal to the projected benefit obligation of the company.

2. Accrued Pension Benefit Liability: The amount reported will be equal to the difference between the projected benefit obligation and the pension plan assets.

The Pension Plan Assets account will be reported as the current market value of the pension plan assets.

The Accumulated Benefit Obligation account will be reported as the projected benefit obligation, which is the current value of the benefits that will be owed to employees in the future.

The difference between these two amounts is the company's net pension assets or liabilities.

For example, if the projected benefit obligation is $3 million and the pension plan assets are $2.5 million, the net pension assets would be reported as a liability of $0.5 million.

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Related Questions

Double-Dip makes ice cream. The only advantage Double-Dip has over its competitors is taste. Double-Dip costs more and has more calories per unit weight. Promotions for Double-Dip should emphasize the experiential hierarchy of the ABC model of attitudes.TrueFalse

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The given statement, promotions for Double-Dip should emphasize the experiential hierarchy of the ABC model of attitudes, is true.

What is explained by the ABC model?

Antecedents, Behavior, and Consequences is also referred to as ABC. The ABC Model is a method for identifying and analyzing problematic behaviour. When doctors, clients, or caregivers seek to comprehend the "active components" for a problem behavior, it might be helpful.

What are the ABC's four levels of activity?

When using activity-based costing, often known as ABC, businesses classify the cost source into one of four categories: unit-based, batch-based, product-based, and facility-based costs.

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initially serenityhealth was a dropship company. what is the dropship model? group of answer choices merchandise is sold on an ecommerce website and that company then ships the merchandise to the customer integrating web operations with physical store operations merchandise is sold on an ecommerce website and the order is sent to another company to ship the merchandise to the customer merchants or manufacturers sell their inventory directly to amazon at wholesale rates, which is then sold directly on amazon

Answers

The supplier is merely contacted after a consumer places an order, and the products are subsequently delivered right to the customer's door.

What type of business model is dropshipping?

You advertise products and offer an online storefront in a dropshipping business Model. You transmit the order to the dropshipper when a customer puts an order, then you let the customer know the things are on their way. You have no control over the remaining steps in the physical fulfillment procedure.

What sort of product would you dropship?

Imagine you run a website where you sell dog supplies. You don't have to acquire tens of thousands of collars or leashes in advance and keep them in your garage (or a rented warehouse) until you make a sale if you're a dropshipper.

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what is one way that cash flows from investing activities are the opposite of cash flows from financing activities?

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Cash loaned and borrowed is one way that cash flows from investing activities are the opposite of cash flows from financing activities.

While cash flows from financing activities typically reflect cash flows relating to money the firm borrowed from others, cash flows from investing activities frequently reflect money the company loaned to others.

The cash flow from investing activities section of the cash flow statement displays the cash generated or spent in relation to investment operations. Investing activities include purchasing physical assets, purchasing and holding securities, and selling securities and/or assets.

The net cash flows used to fund the business are shown in the cash flow from financing activities (CFF) section of a company's cash flow statement. Financing activities include deals involving debt, equity, and dividends.

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a stock has an expected return of 12.37 percent and its reward-to-risk ratio is 7.5 percent. if the risk-free rate is 3.15 percent, what is the stock's beta? multiple choice 1.11 1.44 1.65 1.38 1.23

Answers

Beta=(Expected return - Risk free return)/ Market risk premium

=12.37/ 7.5* 3.15=5.195

The standard deviation of returns for the asset could be divided by the standard deviation of returns for the benchmark to determine beta. The correlation between the security's returns and the benchmark's returns is compounded to arrive at the final figure. The term "beta" describes how a stock is predicted to change in proportion to market movements. A stock with a beta larger than 1.0 is thought to be more volatile than the overall market, whereas one with a beta below 1.0 is thought to be less volatile.

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which pricing policy would probably be best for a profit-oriented producer introducing a really new product with a very inelastic demand curve?

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Introductory price dealing is the policy that would probably be best for a profit-oriented producer introducing a really new product with a very inelastic demand curve.

What is demand curve?A demand curve refers to a graphical representation of the relation between the cost of a good and service and the quantity demanded over a  period of time. In a typical representation,  price is displayed on the left vertical axis and quantity demanded is displayed on the horizontal axis. In economics, a demand curve is a graph that shows the relationship between the price of a particular commodity and the quantity of that commodity  demanded at that price. A  can be used  for the  relationship between price and quantity for an individual consumer or for all consumers in a given market. There are two types of demand curves: individual demand curves and market demand curves. It may be created by making the requested price and quantity on the chart. The demand curve plots price on the Y-axis and quantity demanded on  the X-axis of the chart.

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The key that a marketer researches and thinks through all the elements in the marketing plan, _____ the market plan for each individual product.- Circumventing- Ordering- Applying- Customizing

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The key that a marketer researches and thinks through all the elements in the marketing plan,  customizing the market plan for each individual product.

What does market planning mean?

Market planning is the process of creating a strategy for marketing and selling a product or service. It entails researching the target market, establishing objectives, analyzing competitors, determining the budget, designing strategies and tactics, and developing an implementation timeline. Market planning's goal is to ensure that a company can reach its target audience with effective messaging and product or service offerings.

What does Service mean?

A service is an activity or action that is performed to meet a need or assist someone. It can refer to anything from assisting someone in need to performing a specific job or task for a customer or client. It is frequently used to refer to activities carried out by a company or organization in order to provide a service to its customers.

Therfore the correct option is Customizing.

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which business cycle would be represented by an increase in ad in the classical range of the as curve.

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where a rise in ad in the traditional range of the as curve would be used to symbolize demand equal to supply in a business cycle.

Business cycles, or more precisely recessions and expansions, signal a slowing, dropping, or accelerating of the economy. The AD-AS model has provided us with a method to understand business cycles. When supply or demand shocks are negative, real GDP falls below potential GDP at equilibrium, as it did at equilibrium point E1. This is when a recession occurs. Recessions can be brought on by negative shocks to aggregate supply or demand. If business or consumer confidence declines, AD may go from AD0 to AD1, to the left. As AD shifts to the left, the new equilibrium will be less productive and have a lower price level than the initial equilibrium (E0). 

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strategic planning focuses on multiple choice short-range decisions. intermediate-range decisions. sales targets. long-range decisions.

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Strategic planning focuses on long-range decisions. You may monitor your progress toward targets by putting a strategic plan in place.

An organization's direction is outlined through the process of strategic planning. It outlines how a company will deploy its resources to reach a desired future state while putting itself in a competitive position within the industry.

Strategic thinking, long-term planning, and operational planning are the three distinct but equally significant parts of an effective strategic planning process.

Well-executed strategic planning provides the organization with its vision, direction, and goals; however, operational planning converts that strategy into the day-to-day business execution methods that will ultimately lead to the outcomes the strategy is intended to achieve. No firm wants to admit it, but the majority lack the expertise, competencies (skills, knowledge, experience), and discipline needed to execute strategic goals precisely.

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a stock with a beta of 1.4 has an expected rate of return of 20%. if the market return this year turns out to be 10 percentage points below expectations, what is your best guess as to the rate of return on the stock?

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Our best guess as to the rate of return on the stock with beta of 1.4 has an expected rate of return of 20% is 0.06 i.e 6%

Let us consider the following terms

Risk free return ---> Rf

Expected return on stock --> Rs

Market return ---> Rm

We have given that,

expected rate of return , Rs = 20% = 0.20

Market return this year, Rm is 10% below the exceptions

beta = 1.4

we have to calculate excepted the rate of return on the stock.

Now, Using the formula

Rs = Rf + Beta(Rm - Rf)

=> 0.20 = Rf + 1.4(Rm - Rf) --(1)

Now new markert return Rm* = Rm - 0.1

Rs = Rf + 1.4( Rm - 0.1 - Rf) --(2)

Substracts (2) from (1)

=> 0.20 - Rs = 1.4 [ Rm - Rf - Rm + 0.1 + Rf]

=> 0.20 - Rs = 1.4 [ .1] = .14

=> Rs = 0.20 - 0.14 = 0.06 = 6%

Hence the required rate of return is 6%

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Can you get alcoholic beverages to go in Texas?

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Texas law now allows customers and businesses to safely enjoy to-go alcoholic beverage options. Temporary exemptions to provide relief to businesses during the COVID-19 pandemic have been updated and made permanent, thanks to recent action by the Governor of Texas.

Mainly, because Texas is one of the strictest states when it comes to the sale of alcohol. Governor Greg Abbott signed House Bill 1024 into law allowing these sales to continue permanently.This allows beer, wine, and mixed drinks to be included in takeout and delivery orders.I want to operate a mobile food truck.Under current law, alcohol permits are only issued to a permanent physical address that has been certified by local authorities. For example, a food truck moving through a city does not have a permanent physical address.In Texas, there are no state laws to bring your own drink (BYOB). Check with your city or county for the relevant local ordinances. State law makes it illegal to bring alcoholic beverages onto the premises of the holder of a Mixed Beverage Permit (MB) or Private Club Registration Permit (N).

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an economics graduate student in the united states earns an $18,000 stipend per year. the u.s. sees significant inflation. how might the student react?

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According to the situation given in the question, the student might ask for a raise in the stipend.

How do you define a stipend?

An stipend is a type of payment made to specific people to assist in covering their living expenses while pursuing a job. It is possible to receive stipends in place of or in additional to pay. Stipends are frequently given to clergy, fellows, apprentices, and interns.

Are stipends considered income?

Stipends are not subject to Medicare and Social Security taxes since they are considered awards rather than pay for services. However, stipends are still regarded as taxable income. It's vital to remember that stipend recipients are not self-employed, so they are not responsible for self-employment taxes.

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What are three benefits of providing the responsible service of alcohol?

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By providing training on the responsible service of alcohol beverages to servers and bartenders a business owner can potentially lower liability insurance rates.

Responsible service of alcohol, known as RSA is tied in with giving principles and procedures to a wide range of organizations and associations that offer liquor with the expect to:

limit liquor related issues, including hostile to social way of behaving and savageryexecute best practice in the deal and supply of liquor and the activity of authorized premises, andforestall nearby neighborhood aggravation that can be related with liquor utilization.

RSA is an essential rule safeguarded by the laws of NSW. RSA guides licensees and their staff to guarantee they sell liquor capably and conform to the alcohol regulations. It incorporates adaptable and proactive drives that suit industry areas and individual authorized premises. It assists with diminishing the gamble of liquor related issues emerging in and around authorized premises.

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an enterprise in which two or more firms or investors (including governments) share ownership of a business and its property rights is called a(n):

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A(n) enterprise is defined as one in which two or more businesses, investors, or governments (including governments) jointly own a business and its property rights: joint venture

A joint venture (JV) is a company formed by two or more people that is typically distinguished by shared ownership, returns and risks, and governance. In general, businesses enter into joint ventures for one of four reasons: to obtain access to a new market, especially an emerging one; to increase scale efficiency by integrating assets and operations; to share risk for significant expenditures or projects; or to gain access to talents and capabilities. Reuer and Leiblein's research contested the notion that joint ventures reduce downside risk. Joint ventures have received a lot of bad reputation, but objective data suggests they might possibly outperform fully owned and controlled affiliates, claims Gerard Baynham of Water Street Partners. According to his review of data from more than 20,000 businesses obtained by the U.S. Department of Commerce (DOC), "A new narrative developed," he writes. The DOC data shows that the average return on assets (ROA) for international joint ventures of U.S. corporations was 5.5 percent, compared to 5.2 percent for their totally owned and controlled affiliates (of which the vast majority are wholly owned). The same is true for foreign corporations investing in the United States, although the distinction is more obvious. Joint ventures with U.S. headquarters had an average ROA of 2.2 percent, whereas totally owned and controlled affiliates in the country only generated a ROA of 0.7 percent.

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consider a 35-year coupon bond that pays $80 annual coupons (beginning one year from today). what is the future value of the coupons at maturity if you can invest them at 8%? a. $14,100.34 b. $13,785.34 c. $8,496.24 d. $16,214.36

Answers

The correct answer to the given question of future value of 8% investment is option b) $13785.34

In order to calculate, we need to use the given formula:

Future value = Present value (1 + interest rate) ^Time

Future value is the value of an asset now based on an anticipated rate of increase in the future (FV). It is essential for financial planners and investors because they use it to estimate how much an investment will be worth in the future.

By being aware of the future value, investors can choose wisely depending on their anticipated needs. The value of the asset, however, may be adversely affected by external economic factors that reduce its value, such as inflation. Future value and present value can be compared (PV).                  

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metlock company ltd. publishes a monthly sports magazine, fishing preview. subscriptions to the magazine cost $26 per year. during november 2022, metlock sells 6,060 subscriptions for cash, beginning with the december issue. metlock prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. the company uses the accounts unearned subscription revenue and subscription revenue. the company has a december 31 year-end. (a) prepare the entry in november for the receipt of the subscriptions.

Answers

The entry in November for the receipt of the subscriptions will include the cash and Unearned subs Rev.

What is revenue?

Revenue is the entire amount of money made through the sale of products and services that are essential to the firm's business functions. Revenue or churn are other terms used to describe commercial revenue. Some businesses make money from rights, tax, or other payments.

The definition that is provided regarding the stock and the companies revenue is given as:

The annual cost of a magazine membership is $26.

6,060 subscriptions are sold by Matlock for cash.

Cash (6060*26) 157560

Unearned subs Rev 157560

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which appraisal method is generally not used by a certified real estate appraisal group of answer choices direct capitalization of net income method comparative market analysis cost replacement method comparative sales method

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Option a is correct. Direct capitalization of net income method is generally not used by a certified real estate appraisal.

The appraisal approach explains how to determine an asset's value based on its cost, the income it produces, and its fair market value (FMW) in comparison to other assets of a similar nature. The value that results from the appraisal is essentially an educated guess that tries to predict the price that an asset would probably get on the open market. Although they are frequently done in conjunction with a sale of an object, appraisals can also be done for insurance or taxes reasons.

The appraisal approach is a method for calculating an asset's worth that relies on an appraisal as opposed to market transaction pricing.

Normally, it takes place in conjunction with the sale of an asset, or for insurance or taxes reasons.

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even though an open innovation model enables the firm to take advantage of external innovation conducted by other firms, it does not mean that the firm can decrease its r&d own effort. t or f

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Note that it is TRUE to state that even though an open innovation model enables the firm to take advantage of external innovation conducted by other firms, it does not mean that the firm can decrease its own R&D effort.

What is an open innovation model?

An Open innovation Model entails purposeful, managed information exchanges with players outside of an organization's borders, with the goal of incorporating their resources and knowledge into the organization's own inventive process.

Building an Open Innovation network enables you to explore ideas or initiatives created inside that do not match your primary business model externally. This has the ability to generate additional money without jeopardizing your primary business.

It is to be noted that R&D is crucial for organizations because it gives valuable information and insights, which leads to changes to existing processes where efficiency and costs may be raised. It also enables firms to create new goods and services in order to prosper and survive in competitive marketplaces.

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Which accounting concept applies when expenses are reported in the same fiscal period that they are used to produce revenue?

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Matching principle applies when expenses are reported in the same fiscal period that they are used to produce revenue.

According to the matching principle, which is a concept in accounting, businesses must record expenses at the same time as the revenues to which they are related. For a while, the income statement's revenues and costs match (e.g., a year, quarter, or month).

The accrual accounting method's matching concept contributes to a more accurate depiction of a company's operations on the income statement. Investors often prefer a normalised income statement that is smooth and continuous rather than a lumpy one that is disjointed. Investors have a better understanding of the real economics of the company by combining them.

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what are three examples of intangible property that might be covered by a licensing agreement? (check all that apply.) multiple select question. copyrights patents designs shoes machinery purses

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Trademarks, copyrights, patents, performance events, and other intangible property are just a few examples of tangible property that may be protected by a licensing agreement.

A non-physical asset with a useful life longer than a year is referred to as an intangible asset. Typically, these assets are recorded as a result of an acquisition, and the acquirer is permitted to allocate a portion of the purchase price to acquired intangible assets. There aren't many internally created intangible assets that may be recorded on a company's balance sheet. Below are some examples of intangible assets.

Trademarks Marketing-Related Intangible Assetsmagazine mastheadsnames of internet domainsNon-competition contractsIntangible assets relating to customers' lists of clientsBacklog of orderscustomer interactionsPerformance activities with a creative bentwritten worksmusical piecesPictures both movies and television shows

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Natasha selects standard shipping for her purchase and the company bills her credit card $91. 08 for the total of the online purchase. Determine if natasha has been billed correctly for her purchase. A. Natasha has been billed correctly. B. Natasha has not been charged enough for her purchase. C. Natasha has been over charged by $1. 85 for her purchase. D. Natasha has been over charged by $8. 20 for her purchase.

Answers

A. Natasha has been billed correctly for her purchase of standard shipping.

To determine if Natasha has been billed correctly for her purchase, you need to review the details of the purchase.

First, you need to confirm the cost of the items purchased. This can be done by looking at the itemized list of purchases on the receipt.

Next, you need to confirm the cost of shipping. If Natasha selected standard shipping, then the cost will be listed on the receipt.

Finally, you need to compare the cost of the items purchased and the cost of shipping to the total amount billed to Natasha's credit card. If the total cost of items and shipping matches the total amount billed to Natasha's credit card, then Natasha has been billed correctly.

In this case, since the total cost of items and shipping matches the total amount billed to Natasha's credit card ($91.08), Natasha has been billed correctly. Therefore, the answer is A. Natasha has been billed correctly.

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Answer:

ITS C!!!!!!!!!!

Explanation:

i just took the test trust me <3

What is the first activity in test preparation?

Answers

The first activity in exam preparation is to determine what the exam will be about.Reviewing old tests and quizzes won't help you determine what's on a test because teachers don't like to give students clues.

In general,there are four main stages of testing that can be performed on any build.They are the Unit Tests, Integration Tests,System Tests,and Acceptance Tests preparation ensures that you complete the test to the best of your ability.You can prepare by reviewing the topics and materials through the resources that are available to you. It's also important to set yourself up for success through healthy habits more on that soon! There are four main stages of testing that must be completed before a program can be licensed for use unit testing,integration testing,system testing, and acceptance tests.

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Jimmy choo shoes sells 100,000 pairs of shoes to boutiques across the country: the following cost information pertains to the shoes leather and metals: $25/pair shoe boxes: $1/pair shoemaker wages: $10/pair advertising & promotion: $200,000 executive salaries $300,000 selling price to boutique: $100. 00 what is the per unit gross marketing contribution?.

Answers

The per unit gross marketing contribution is 3200%.

What is gross contribution?

Gross contribution means the total contributions received by the organization from all sources, regardless of geographic location, excluding government grants. The contribution margin is calculated by subtracting variable costs from revenue, then dividing the result by revenue, or (revenue - variable costs) / revenue.

In this case, given data says:

Advertising & promotion: $200,000

Units of shoes: 100,000 pairs

Contribution = $64/pair

So, per unit gross marketing contribution can be explained calculated by:

Marketing cost per unit = $200,000 / 100,000 units = $2.

Thus, gross marketing contribution = ($64 / $2) x 100% = 3200%

Hence, the per unit gross marketing contribution is 3200%.

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in order to assess the performance of their firms and their supply chains, what do managers need to do to determine the needs of those customers?

Answers

Companies may reduce unnecessary expenditures and deliver goods to customers more quickly and effectively by handling the supply chain.

Who or what is a consumer?

Consumers are those who buy products for their own needs and utilize or consume them. Although a customer never resell the good, product, or service, he or she may use it to support himself or herself and engage in self-employment. Describe a consumer. The person who uses any good and services on a daily basis is the consumer.

What is an easy way to define a consumer?

A consumer is a person who purchases products or services for personal use or ownership as opposed to resell or utilization in production or manufacture. A heterotrophic creature in a food chain that consumes other species or organic substances.

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it governance in the it context is a method for software development that uses new approaches, focusing on close collaboration between programming teams and business experts. group of answer choices true false

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Agile software development is a method for software development that uses new approaches, focusing on close collaboration between programming teams and business experts.

Agile software development is more than frameworks like Scrum, Extreme Programming, or Feature-Driven Development (FDD).

Agile software development is more than practices, for example, pair programming, test-driven development, stand-ups, planning meetings, and runs.

Agile software development is an umbrella term for a bunch of frameworks and practices based on the values and standards communicated in the Manifesto for Agile Software Development and the 12 Standards behind it. At the point when you approach software development in a particular manner, it's generally great to live by these values and standards and use them to assist with sorting out the right activities given your particular setting.

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1. structural unemployment: a. is unemployment that occurs as a result of a downturn in the economy. b. is short-term unemployment associated with individuals who are not working while seeking their first job or changing jobs. c. occurs when the jobs that are available require skills that do not match the skills possessed by those seeking jobs. d. is the only type of unemployment that makes a person eligible for unemployment benefits.

Answers

Structural unemployment occurs when the jobs that are available require skills that do not match the skills possessed by those seeking jobs.

What is Structural Unemployment

Structural unemployment is a type of unemployment that occurs as a result of changes in the shape of the economy of a region or country.

Structural type unemployment can also occur in certain parts of the economic sector. For example, industrial relocation, changes in the composition of the workforce, recession, and others.

Therefore, the notion of structural type unemployment is unemployment that occurs as a result of changes in goods or services that the customer wants cannot be fulfilled by members of the workforce.

Several reasons behind why this phenomenon can occur include skills, industry, occupation, to the geographical location of the workforce that does not meet the criteria desired by the company, thus changing the economic structure.

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With a tax, the tax rate decreases as income increases. Individuals bear a greater burden with this type of tax.

Answers

With a tax, the tax rate decreases as income increases. Individuals bear a greater burden with this type of tax.

Each person or household must pay a set amount of money annually under a regressive tax. Regressive taxes have a percentage rate that decreases as the amount being taxed increases.

What is a regressive tax example?

Low-income earners are more negatively impacted by regressive taxation. They take more money from the less fortunate than from the wealthy. Regressive taxes include those on the majority of consumer items, sales, gas, and Social Security payroll. Regressive taxes include the sin tax and the Pigovian tax.

What is progressive and regressive tax?

A progressive tax is one that collects a higher percentage of revenue from high-income groups than from low-income groups. A tax that subtracts the same amount from each income group is said to be proportional. Regressive taxes are ones that deprive low-income groups of a larger percentage of their income than they do high-income groups.

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Answer: 1st box: regressive 2nd box: Lower-income

What is one of the most important responsibilities of the dental office business assistant?

Answers

You should zealously adhere to the rules of the dental office as a dental assistant. You'll need to organize the dentist's office and give patients friendly direct or indirect care.

To join our healthcare department, we are searching for a capable dental assistant. You should zealously adhere to the rules of the dental office as a dental assistant. You'll need to organize the dentist's office and give patients friendly direct or indirect care.

On a full-time basis, you will be accountable for performing fundamental dental operations and office work. You should maintain a welcoming workplace for patient care while delivering outstanding customer service. You will see to it that everything the dental assistants do goes off without a hitch.

Apply for this opportunity right now if you have a thorough understanding of dental procedures and oral health. We look forward to meeting you.

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why did many middle-income governments send students and government commissions abroad to look at the most efficient industrial operations elsewhere?

Answers

The problem in many developing countries is that governments A lack of funding for education,having no teacher or a poorly qualified one,not a classroom.

What issues must be taken into account when educating people in various nations?The Middle Income Countries (MICs) of the world are a heterogeneous group in terms of size, population, and income.Upper middle-income economies are those with a GNI per capita between $4,046 and $12,535 whereas lower middle-income economies are those with a GNI per capita between $1,036 and $4,045. (2021).People are unsure if education will result in increased incomes.A higher rate of saving results in growth that is permanently higher.Long term, a higher saving rate will result in a higher stock of capital.Economic growth and greater pay: In many underdeveloped nations, wages increase by 10% for every year of further education.

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when the price ceiling applies in this market and the supply curve for gasoline shifts from s1 to s2,

Answers

when the price ceiling applies in this market and the supply curve for gasoline shifts from s1 to s2, A shortage will occur at the new market price of P2

A price ceiling is a limit placed by the government or another party on the most that can be paid for a thing, commodity, or service. Price caps are reportedly implemented by governments to protect consumers from scenarios where commodities can become costly.

In addition to those who are unable to purchase the product at all, those who are able to do so at the lower price established by the price ceiling will also suffer.

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the bargaining power of a union may be exercised by: a. legal injunction b. lockout or relocation c. striking, picketing, or boycotting d. union merger

Answers

The bargaining power of a union may be exercised by striking, picketing, or boycotting.

Hence, Option C is correct.

What do you mean by Bargaining power?

The ability of parties to exert influence over one another during an argument is referred to as bargaining power. In a discussion where both sides are on an equal footing, they will have the same amount of bargaining power, as would occur in a market with perfect competition or between two equally powerful monopolies.The key buying criteria of buyers (such as price, quality/reliability, service, convenience, or any mix of these), price sensitivity or elasticity, switching costs, and their number and size in relation to the number and size of suppliers, all affect their relative bargaining power.

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