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2 years ago

Inexperienced employees may include as , resulting in an overstatement of assets.

Business

1 answer:

Leokris [45]2 years ago

8 0

Inexperienced employees may include consigned goods as inventory resulting in an overstatement of assets.

<h3>What is inventory ?</h3>

Inventory, also known as stock, refers to the goods and materials that a company keeps for the purpose of resale, production, or use. Inventory management is primarily concerned with specifying the shape and placement of stocked goods.

There are four types of inventory: raw materials/components, work in progress (WIP), finished goods, and maintenance and repair (MRO).

Inventory valuation methods include FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost).

In accounting, inventory is classified as a 'current asset' that a company or business keeps for less than a year. Expenses, accounts receivable, and insurance plans are also examples of current assets.

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What schedule would any gains or losses from virtual currency carry to?

astraxan [27]

The schedule that any gains or losses from virtual currency would carry to is schedule D.

According to the question we are to discuss the type of schedule needed in case of any gains or losses from virtual currency .

As a result of this we can see that schedule D which is useful in reporting a capital gains and losses on taxes as well as loss in cryptocurrency by buying and selling is the best schedule.

Therefore, schedule D serves as schedule that any gains or losses from virtual currency would carry to.

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2 years ago

Privately owned businesses are common in which type of economy?

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Privately owned businesses are commonly found in capitalist economies.

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3 years ago

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Jerry's Phone Service is a monopoly. To find the amount of phone service that this company will provide, Jerry finds the point a

Vadim26 [7]

Jerry will find the point of equilibrium. This is the point where marginal cost equals marginal revenue. This is the point that is Jerry produces anymore, it will start to cost him more than he makes. Thus, Jerry will stop providing new service at this point.

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3 years ago

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Until recently, hamburgers at the city sports arena cost $ 2.50 each. The food concessionaire sold an average of 1750 hamburgers

Artyom0805 [142]

Answer:

(A) p = -0.002x +6; 0 ≤ x ≤ 3000

(B) R(x) = x(6 -0.002x); 0 ≤ x ≤ 3000

(D) (550, 2695), (1730, 4394.20)

(E) P(x) = -0.002x^2 +4.56x -1903

(F) increasing at $2.16 per hamburger

Explanation:

(A) The two-point form of the equation for a line can be used.

y = (y2 -y1)/(x2 -x1)(x -x1) +y1

The two points we have are ...

(x, p) = {(1750, 2.50), (1450, 3.10)}

so the equation is ...

p = (3.10 -2.50)/(1450 -1750)/(x -1750) +2.50

p = 0.6/-300(x -1750) +2.50

p = -0.002x +6

The domain of this function is where x and p are greater than 0. That will be for ...

0 ≤ x ≤ 3000

(B) Revenue is the product of burgers sold (x) and their price (p).

R(x) = xp

R(x) = x(6 -0.002x)

The domain of R(x) is 0 ≤ x ≤ 3000. This is the same as the domain of p(x).

___

(C) The cost function is the sum of fixed costs and variable costs:

C(x) = 1.44x +1903

(D) See the attachment for a graph of cost and revenue. The break-even points are (x, revenue) = (550, 2695), (1730, 4394.20).

(E) Profit is the difference between revenue and cost.

P(x) = R(x) - C(x) = x(6 -0.002x) -(1.44x +1903)

P(x) = -0.002x^2 +4.56x -1903

(F) The marginal profit is the derivative of the profit function:

P'(x) = -0.004x +4.56

P'(600) = -0.004(600) +4.56 = -2.40 +4.56 = 2.16

At a production level of 600, the profit is increasing at a rate of $2.16 per hamburger.

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3 years ago

A planned unit development (PUD) is an example of A) multiple-use zoning. B) aesthetic zoning. C) directive zoning. D) bulk zoni

Shalnov [3]

A planned unit development (PUD) is an example of multiple-use zoning. option A

Planned unit development zone focuses on developing neighborhood, sub-divisions.

They are in charge of developing various buildings and structures within sub-division. PUD is under the multiple-use zoning that houses all houses project.

Therefore, A planned unit development (PUD) is an example of multiple-use zoning. option A

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2 years ago

Inexperienced employees may include ________ as ________, resulting in an overstatement of assets.

Inexperienced employees may include as , resulting in an overstatement of assets.