Answer:
The total amount of assets is 15,750.
Explanation:
Reproducing the trial balance below for clarity:
Account Title Debit Credit
Cash 12,500
Accounts Receivable 3,250
Accounts Payable 2,800
Common Stock 6,600
Retained Earnings 4,500
Service Revenue 7,450
Operating Expenses 5,100
Dividends 500
Total 21,350 21,350
Calculation of Total Assets:
Total assets = Cash + Accounts Receivable
= 12,500 + 3,250
= 15,750
Note that among the given accounts, accounts cash and accounts receivable are assets; accounts payable is a liability; common stock and retained earnings are part of the capital; service revenue is a form of revenue; while operating expenses and dividends are expenses.
Answer: Buy more of both rice and beans
Explanation: Marginal benefit refers to the additional benefit that a customer get by consuming one additional unit of a commodity.
In the given case, the marginal benefit for the customer is positive for both of the goods. Also if he chooses to but one more unit of anything in place of other than he will not able to use his budget properly.
Thus, from the above we can conclude that the correct option is C.
Answer:
Designs by Candice
Her costs include:
Costs of materials, labor, overheads.
Then in charging her customers she would include the profit target of $7,623 (representing 11% of her capital investment).
Explanation:
As a graphic design studio, Design by Candice would buy stationery and design materials, including 3D printers and other software. Candice would also incur labor costs on those doing the design proper. There are also manufacturing overheads, including rent, utilities, etc. and not to forget other indirect costs like selling and marketing and administrative expenses.
Answer:
A) $24,602
Explanation:
We can solve this question by finding the periodic deposits needed by using the formula:
where:
FV= future value = $220,000
PMT = periodic deposits required = ???
i = effective interest rate per period = 0.0331
n= number of deposits = 8
However, since the interest is compounded monthly, let's also calculate the effective interest rate
Effective interest rate = 
where; r = 12.5% = 0.125
= 0.1324
Interest rate per period = 
= 0.0331
Then;
220,000 = PMT × 8.986
PMT = 
PMT = $ 24,482.5
Since A) $24,602 is closer to $ 24,482.5
Therefore, $ $24,602 must be deposited every three months
Based on movies and books I've read, I noticed that the culture in South America is big on familial love. Their family spreads not only immediately, but even to cousins after cousins. You can see them living in family compounds and they greet each other as families.
Therefore, this could be a reason for the company's choice of a mechanistic structure. This structure is about the working together of single parts to create an efficient mechanism. Thus. familial relationship is very important. They have to invest in close family ties through social events.
