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Alina [70]
1 year ago
11

Venya and Kari own a flower shop that specializes in custom bouquets. Wanting to expand into selling potted plants, they create

a production possibility chart to assess whether the potted plants are a good idea. Study their chart:
Business
1 answer:
kicyunya [14]1 year ago
7 0

Venya and Kari would be able to produce 50 potted plants on Day 3.

<h3>What is a production possibility?</h3>

This curve is an economic tool that illustrates varying amounts of two products that can be produced when both depend on the same finite resource

Based on the given chart, Venya and Kari would be able to produce 50 potted plants on Day 3.

Read more about production possibility

brainly.com/question/2601596

#SPJ1

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Assessing Financial Statement Effects of Passive and Equity Method Investments On January 1, Ball Corporation purchased shares o
olga2289 [7]

Answer:

(a) See part a of the attached excel file.

(b) See part b of the attached excel file

Explanation:

(a) Assume that the stock acquired by Ball represents 15% of Leftwich's voting stock and that Ball has no influence over Leftwich's business decisions.

Note: See part a of the attached excel file for the Financial Statement Effects.

Under each transaction, the following calculations are made:

Transaction 1: Amount = Number of shares * Price per share = 10,000 * $17 = $170,000

Transaction 2: No calculation is needed as Ball has no influence over Leftwich's business decisions.

Transaction 3: Amount = Number of shares * Dividend per share = 10,000 * $1.20 = $12,000

Transaction 4: Amount = Number of shares * (Year-end market price per share - Acquisition price per share) = 10,000 * ($19 - $17) = $20,000

(b) Assume that the stock acquired by Ball represents 30% of Leftwich's voting stock and that Ball accounts for this investment using the equity method since it is able to exert significant influence.

Note: See part b of the attached excel file for the Financial Statement Effects.

Under each transaction, the following calculations are made:

Transaction 1: Amount = Number of shares * Price per share = 10,000 * $17 = $170,000

Transaction 2: Percentage of voting stock * Annual net income reported by Leftwich = 30% * $80,000 = $24,000

Transaction 3: Amount = Number of shares * Dividend per share = 10,000 * $1.20 = $12,000

Transaction 4: Amount = No calculation is needed as Ball has influence over Leftwich's business decisions.

Download xlsx
6 0
2 years ago
A monopoly A. ​doesn't lose any sales when it raises its price. B. is a price taker. C. produces the market output. D. must have
Sever21 [200]

Answer: Produces the market output

Explanation: In a monopoly market structure, there is one seller fulfilling the market demand, hence a monopolist is a price maker. However, the law of demand still operates in such a structure, restricting the monopolist to charge unreasonable prices.

Hence the monopolist maximizes his profit by supplying the output at the market level.

Thus, from the above we can conclude that the right option is C

6 0
3 years ago
The economic principle that helps ensure that scarce resources are allocated efficiently is
ycow [4]

Answer:the profit motive

Explanation:

8 0
3 years ago
1. define the forming stage and list four activities that happen in this stage
viva [34]

Answer:

  1. The forming stage involves a period of orientation and getting acquainted. Uncertainty is high during this stage, and people are looking for leadership and authority. A member who asserts authority or is knowledgeable may be looked to take control.
  2. It can be a petty clash of personality or an incompatibility in communication styles. Or it could be something more serious, such as a disagreement about the team's goals. It could even exhibit itself as one team member accusing another of not pulling their weight in the project.
  3. Tuckman (1965) identified four stages of team development including Forming, Storming, Norming, and Performing. This widely referenced early work continues to provide a useful model for understanding the dynamic nature of the evolution of teams.
  4. Stage 1: Forming. Feelings. ...
  5. Stage 2: Storming. Feelings. ...
  6. Stage 3: Norming. Feelings. ...
  7. Stage 4: Performing. Feelings. ...
  8. Stage 5: Termination/Ending. Some teams do come to an end, when their work is completed or when the organization's needs change.
4 0
3 years ago
What is the direct labor efficiency/quantity variance for november? group of answer choices $1,800 $1,900 $2,000 $2,090 $2,200
enot [183]

The direct labor efficiency/quantity variance for November of $1,800.

The labor efficiency variance focuses on the number of labor hours used in production. It is defined as the difference between the actual number of direct labor hours worked and budgeted direct labor hours that should have been worked based on the standards.

Labor efficiency variance equals the number of direct labor hours you budget for a period minus the actual hours your employees worked, times the standard hourly labor rate.

For example, assume your small business budgets 410 labor hours for a month and that your employees work 400 actual labor hours.

Learn more about Labor efficiency here: brainly.com/question/15418098

#SPJ4

5 0
11 months ago
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