All categories

2 years ago

According to central place theory, the threshold is defined as the:.

1 answer:

5 0

Threshold is defined as the smallest market area necessary for the goods and services to be economically viable.

<h3>What is Central place theory?</h3>

This is defined as an urban geographical theory that explains the number, size and range of market services in a commercial system or human settlements in a residential system.

For goods and services to be sold, the region or market has to be viable which is best explained as the threshold.

Read more about Threshold here brainly.com/question/1251654

You might be interested in

Most new workers in the labor force are men. True or The following factors affect the labor market EXCEPT:

saveliy_v [14]

Answer:

population shift

Explanation:

immigration, population growth: As the population grows or shrinks, the labor supply will tend to shift to the right or to the left. In a competitive labor market, the wage has two properties:

1. It adjusts to make supply and demand for labor equal.

2. It equals the value of the marginal product of labor.

3 0

4 years ago

Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms,

kotykmax [81]

Answer:

Cost of Goods Manufactured 356,700

Net Profit before Income Tax= 566,350

Explanation:

Waterways Corporation

Cost of Goods Manufactured Schedule

Raw materials Inventory - October 31 41,000

Add Raw Materials Purchases 186,500

Less Raw Materials Inventory - November 30 53,000

Raw Materials Used = 174,500

Direct labor 44,000

Factory Overhead: 145,200

Indirect labor 45,000

Factory Utilities 10,500

Factory Supplies Used 16,300

Depreciation-Factory Equipment 17,500

Property Tax on Factory 5,500

Rent - Factory Equipment 45,000

Repairs - Factory Equipment 5,400

Total Manufacturing Costs 363,700

Add Work in Process Inventory - November 30 44,000

Cost of Goods Available for Manufacture 407,700

Less Work in Process Inventory - October 31 51,000

Cost of Goods Manufactured 356,700

Waterways Corporation

Cost of Goods Sold Schedule

Cost of Goods Manufactured 356,700

Add Finished Goods Inventory - November 30 71,800

Cost of Goods Available for Sale 428,500

Less Finished Goods Inventory - October 31 73,500

Cost Of Goods Sold 355,000

Waterways Corporation

Income Statement for the month of November

Sales 1,425,000

Less Cost of Goods Sold 355,000

Gross Profit 1070,000

Less Operating expenses : 503650

Office Supplies Expenses 71,000

Advertising Expense 52,000

Salaries 335,000

Depreciation-Office Equipment 2,900

Sales Commissions 42,750

Net Profit before Income Tax= 566350

( here the salaries are treated as office salaries not factory salaries)

Waterways Corporation

Balance Sheet for the month of November

Assets

Cash 255,000

Accounts Receivable $290,000

Prepaid Expenses 42,500

3 0

3 years ago

Your landlord has held one month's rent of $875 as a security deposit from which any damage repair will be deducted. You have le

Norma-Jean [14]

Answer: $455

Explanation:

Security deposit with the landlord =$875

Calculation of painting cost

Given

Painting charges= $5.25

Size = 8ft x 10ft = 80 Sq.ft

Total painting charges= 80 Sq.ft x $5.25

=$420

Calculation of security deposit to be returned

= Total security deposit - painting charges

=875-420

=$455

So from the above calculations it is clear that $455 would be returned to me by the landlord.

8 0

3 years ago

Identify the importance of accounting by select statement(s) that is (are) correct below

anygoal [31]

Answer:

A,B,C are correct

Explanation:

Accounting involves collection and reporting of financial information of a firm. This includes information on financial position, profitability, , and cash flows of the business. This helps to make decisions on how to invest in the business, manage the business, or lend money to it and tracks business income and expenses. Among the choices, these three are correct;

accounting information helps users make business and financial decisions .
Accounting is a system that identifies, records, and communicates financial informationRevenues – Expenses = Net Income
Accounting information is used throughout the year (NOT only at the end of a year when tax returns and financial statements are prepared) by businesses and individuals to help make financial decisions

8 0

3 years ago

Create a scenario that includes at least 3 needs and 3 wants. HELP ME WITH THIS IS FOR A Business class

shusha [124]

A family has bought a new, luxurious house with a swimming pool and have constructed a basketball court in their huge backyard. They have filled their fridge with food like fruits, vegetables, bread and milk. They have also bought enough water bottles to last a whole week. They have arranged their clothes into the cupboards of their new rooms and have bought some pet toys and beds for their cats.

4 0

4 years ago