What are environmental trends?

How is the value of a product determined?

svetoff [14.1K]

Answer:

One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.

5 0

3 years ago

Northeast Auto Parts, afamily-owned auto parts store, began January with $10,600 cash. Management forecasts that collections

coldgirl [10]

Answer:

Part 1. $500 required

Part 2. $1,500 required

Explanation:

Part 1.

Northern Auto Parts

Cash Budget

Cash Receipts:

January February

Beginning cash balance 10600 10500

Cash receipts from customers 11300 14700

Cash receipt on note receivable 6500 0

Cash available 28400 25200

Cash payments:

Purchases of inventory 14400 12200

Selling and administrative expenses 3500 3500

Total cash payments 17900 15700

Now

$ $

Cash Receipts: 28400 25200

Cash payments: 17900 15700

Ending cash balance before financing 10500 9500

Less: Ending cash balance Required 10000 10000

Projected cash excess 500 -500

Total effects of financing 0 500

Ending cash balance 10500 10,000

Part 2.

Cash Receipts:

January February

Beginning cash balance 10600 10500

Cash receipts from customers 11300 13700

Cash receipt on note receivable 6500 0

Cash available 28400 24200

Cash payments:

Purchases of inventory 14400 12200

Selling and administrative expenses 3500 3500

Total cash payments 17900 15700

Now

$ $

Cash Receipts: 28400 24200

Cash payments: 17900 15700

Ending cash balance before financing 10500 8500

Less: Ending cash balance Required 10000 10000

Projected cash excess 500 -1500

Total effects of financing 0 1500

Ending cash balance 10500 10,000

The company will have to borrow $1,500 in the month February.

6 0

3 years ago

What is economics, and how are the three sectors of the economy linked?

marysya [2.9K]

Answer:

This is a part of my Economic Resources doc and I'm not sure about the second part of the question but I hope it helps!

Explanation:

ＥｃｏｎｏｍｉｃＲｅｓｏｕｒｃｅｓ

For a firm (producer) to make any product, it needs to use ECONOMIC RESOURCES. These are INPUTS to be used together or combined efficiently to produce goods/services.

Ｗｈａｔｙｏｕｎｅｅｄｔｏｋｎｏｗ：

What is a PRODUCER?

a person, franchise, brand or country etc. that makes, grows, or produces goods and services for sale to customers or consumers.

What is a RESOURCE?

a stock or supply of goods, materials, and products that can be bought by a person or organization in order to function effectively.

What is an ECONOMIC resource?

Natural supplies that can be used to make a product. It is important for the success of the company.

ＣｌａｓｓｉｆｉｃａｔｉｏｎｏｆＥｃｏｎｏｍｉｃＲｅｓｏｕｒｃｅｓ：

Natural resources (LAND)

Natural resources are ones who are not man made and are there naturally. This could be land, light, water, electricity, etc.

Human resources (LABOUR)

Capital resources (CAPITAL)

Entrepreneurship (ENTERPRISE)

3 0

3 years ago

Are yall doing anything for summer vacation?

musickatia [10]

Answer: Nah just hanging out at home

Doing literally nothing.....sigh.......bored

4 0

3 years ago

"According to the law of demand, with everything else being equal, the quantity demanded for a good or service will ____________

m_a_m_a [10]

Answer: Decrease

Explanation:

According to the Law of Demand, The quantity demanded for purchase of a commodity inversely varies with the price.

That is to say that "ceteris paribus" ( with everything being equal),When the prices of a particular good go higher, people will buy less of such commodity but will buy more, if the prices of the goods reduces.

We can say demand is elastic if quantity demanded for a commodity decreases with increase in price which will make people choose another lower substitute good eg, detergent, ice cream

Also if quantity demanded does not change much with increase in price , then it is referred to as Inelastic Demand for example necessity commodity such as gasoline.

5 0

3 years ago