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2 years ago

Which statment best summerizes the role of supply and demand in setting prices for goods

Business

2 answers:

erica [24]2 years ago

7 0

Answer:

if there is more and more of something, it has less demand

Explanation:

nadezda [96]2 years ago

6 0

Answer:

if there is more and more of something, it has less demand

Explanation: hope this helps!

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A finance company agrees to loan money to a buyer for a new washer and dryer. What is this an example of?

kirill115 [55]

The correct answer is: B. The finance company is extending credit to a buyer.By agreeing to loan money to a buyer, the finance company is extending credit to a buyer. Once credit is extended to the buyer and if the buyer uses the credit to buy the washer and dryer, the money borrowed then becomes a debt. The finance company may be saving the buyer money, but that cannot be determined from the example. I got this right in U.S.A Test Prep hope this helps! :) <u>[plz reward brainlyiest <3]</u>

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2 years ago

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If the contribution margin is not sufficient to cover fixed expenses: a. total profit equals total expenses. b. a net operating

erik [133]

Answer:

Option b. a net operating loss occurs.

Explanation:

contribution margin is simply known to be that portion of sales revenue that is yet to be consumed by variable costs and so is an addition to covering the fixed costs. The higher the contribution margin ratio, the more smaller or fewer the units that will need to be manufactured to become profitable. In short, it is sales revenue minus fixed expenses.

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3 years ago

Which resource management activity identifies and verifies that personnel are qualified.

Naddika [18.5K]

Credentialing resource management activity identifies and verifies that personnel is qualified.

<h3>What is management?</h3>

Management (or managing) is the process of overseeing the operations of a company, nonprofit, or governmental entity.
It is both the science and the art of managing a company's resources.
Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals through the use of available resources, such as financial, natural, technological, and human resources, are included in management.

<h3>What roles does management play?</h3>

Planning, organizing, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level.
These five responsibilities are a part of a corpus of guidelines and management-related beliefs.

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2 years ago

Retail Division $155,800 $550,000 Commercial Division 134,000 330,000 Internet Division 146,400 540,000 Assume that management h

Karolina [17]

The Residual Income for each division:

Retail Division = $4,95,000

Commercial Division = $2,97,000

Internet Division = $4,86,000

<u> Retail Division</u> <u>Commercial Division</u> <u>Internet Division</u>

A. Operating Income $155,800 $134,000 $146,400

B. Minimum acceptable operating income as a % of invested assets:

<u> Retail Division</u> <u>Commercial Division</u> <u>Internet Division</u>

Invested assets $550,000 $330,000 $540,000

(Invested assets x 10%) = <u>$55,000 $33,000 $54,000</u>

C = A - B Residual Income =<u>$4,95,000 $2,97,000 $4,86,000 </u>

<u />

<h3>What is Residual Income?</h3>

Residual Income refers to a calculation that provides the amount of money leftover that a company or individual has after all expenses have been paid. The amount of money that is left over after all expenses are covered is typically referred to as residual income, profit, net income, or earnings.

One specific type of meaning for residual income is similar to the terms passive income or residual pay—in that it can represent income earned on a continual basis, not tied to specific amounts of time, and not requiring active work to generate.

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7 0

2 years ago

Agee Storage issued 40 million shares of its $1 par common stock at $15 per share several years ago. Last year, for the first ti

zysi [14]

Answer:

Agee’s total paid-in capital will decline by $17 million.

Explanation:

Stock Repurchase is a method to reduce the outstanding shares and equity value of the company in the market, company pays the stockholder and purchases own shares, which can be reissued or cancelled later on.

Common stock value = 40 million shares x $1 per share = $40 million

Additional Paid-in-Capital = 40 million shares x ( $15-$1)per share = $560 million

Stock was repurchased and recorded as follow

Dr. Treasury Shares $18 million

Cr. Cash $18 million

Retirement of Shares will reduce the values as follow

Common stock value = 1 million shares x $1 per share = $1 million

Additional Paid-in-Capital = 1 million shares x ( $18-$1)per share = $17 million

Journal Entry on retirement of shares

Dr. Common stock $1 million

Dr. Paid-In-Capital $17 million

Cr. Treasury Shares $18 million

The paid in capital will reduce by $17 million

7 0

2 years ago

Which statment best summerizes the role of supply and demand in setting prices for goods​

Which statment best summerizes the role of supply and demand in setting prices for goods