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agasfer [191]
1 year ago
7

An account is defined as a record of the business activities related to a particular item. True or false?.

Business
1 answer:
Natalka [10]1 year ago
3 0

An account is defined as a record of the business activities related to a particular item. The given statement is true.

Business activities can be divided into three categories: operating, investing, and financing. The cash flow statement includes a list of the cash flows that were generated and used by each of these operations. Net income on an accrual basis is supposed to be reconciled to cash flow in the cash flow statement.

Manufacturing, storage, accounting, sales, mergers and acquisitions, the issue of securities, etc. are some examples of business activities. The prompt completion of these tasks enables the businesses to survive and compete in the market.

Learn more about business activities here

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Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can
mezya [45]

Answer:

The answer is B) 340 bushels of corn and 500 bushels of oats.

Explanation:

Cornland´s workers have a comparative advantage in the production of corn, each worker can grow 40 bushels per year. Since Cornland has 20 workers in total, its maximum possible output of corn bushels would be 800 (20x40=800).

Oatland´s workers have a comparative advantage in the production or oats, each worker can grow 50 bushels per year. Since Oatland has 20 workers in total, its maximum possible output of oats bushels would be 1,000 (20x50=1,000).

Currently both countries combined are producing 460 bushels of corn (400+60=460) and 500 bushels of oats (100+400=500). If each country specializes in the production of the good in which they have a comparative advantage, then their total combined output would increase by  340 bushels of corn and 500 bushels of oats.

  • Corn: specialized production - current production = 800-460 = 340 bushels
  • Oats: specialized production - current production = 1,000-500 = 500 bushels
3 0
4 years ago
Arrange six departments into a 2 x 3 grid so that these conditions are satisfied: 1 close to 2, 5 close to 2 and 6, 2 close to 5
drek231 [11]

Answer:

1?3

256

Explanation:

If one is close to 2, then but so is five, and 6 is near five then they all have to be on there own row. Seeing as 3 is close not close to 1, or 2, it has to be the furthest away from them as it can be, and the questionmark is there because you only have five numbers, (1,2,3,5,6) so there isn't enough info for the question mark to have an answer.

5 0
3 years ago
Job order costing and process costing are a.cost flow systems b.inventory tracking systems c.cost accounting systems d.pricing s
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Answer:

The answer is  c.cost accounting systems

Explanation:

3 0
4 years ago
Michael's, Inc., just paid $1.85 to its shareholders as the annual dividend. Simultaneously, the company announced that future d
LiRa [457]

Answer:

$45.85

Explanation:

Price today = Next year dividend / (Rate of return - Dividend growth rate)

Next year dividend = $1.85 * 1.041% = $1.92585

Therefore, we have:

Price today = $1.92585 / (8.3% - 4.1%) = $45.85

Therefore, you will be willing to pay $45.85 today to purchase one share of the company's stock.

4 0
3 years ago
if the Supply schedule for a taco truck shows at $200 per day at $2.00 per Taco are being produced how many tacos per day does t
arsen [322]

Answer:

100

Explanation:

$2 times 100 tacos is equal to $200.

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