Answer:
Downward sloping
Explanation:
According to the law of demand, this law states that there is a inverse relationship between the price of a commodity and the quantity demanded for a commodity. This indicates that as the price of the commodity increases then as a result the quantity demanded for that commodity decreases and as the price of the commodity decreases then as a result the quantity demanded for that commodity increases.
Monopoly refers to the market conditions in which there is only a single firm operating in a whole market.
Hence, due to this inverse relationship between the price and the quantity demanded, the demand curve for a monopoly firm is downward sloping.
Answer: $8600
Explanation:
Joint cost allocation:
Product :
Loin chops
Pounds - 3000
Price per pound - $5
ground
Pounds - 10,000
Price per pound - 2.00
ribs
Pounds - 4,000
Price per pound - 4.75
bacon
Pounds - 6,000
Price per pound - 3.50
total joint cost - $43000
Sales cost per product :
Loin chops - 3000 × 5 = $15,000
Ground = 10000 × $2 = $20,000
Ribs - 4000 × $4.75 = $19,000
Bacon - 6000 × $3.50 = $21,000
Loin cost allocation is given by :
Total joint cost × (sales value of Loin chops ÷ Total sales value of all products)
$43,000 × ($15,000 ÷ $(15,000 + 20,000 + 19,000 + 21,000))
$43,000 × ( $15000 ÷ $75000)
$43,000 × 0.2 = $8600
Answer:
c. public accountant
Explanation:
Kimberly would be classified as public accountant. Since it has been mentioned that kimberly has been helping Jonah in setting up accounting system, facilitating with tax forms she would be classified as public accountant as they give advice facilitate on financial information to different clients and individuals. Public accountant serves businesses on their fee as mentioned in the text kimberly is doing that. Other duties of public accountant will be providing services like accounting expertise, auditing, and tax services to their clients.
Answer:
Two structures that the company can use:
Functional structure: this is the most common type of organizational structure, and it might be the one that company XYY already uses.
In this structure, the firm is divided among departments that have a specific role, or function.
The most basic division would include a production department, a marketing department, a finance or accounting department, and a marketing department.
Flatarchy: a term that is a combination of the word "flat", and the word "hierarchy", it simply means "flat hierarchy".
This innovative organizational structure does not really promote a specific hiearchy or division, and instead, all employees work closely together for a common goal, in a attempt at building a more colaborative and holistic approach.
Based on the sales revenue and the net accounts receivable, the receivables turnover ratio is 12 times .
<h3>What is the receivables turnover ratio?</h3>
This can be found as:
= Net sales revenue / Average accounts receivable
Solving give:
= 720,000 / (62,000 + 58,000) / 2
= 720,000 / 60,000
= 12 times
Find out more on receivables turnover ratio at brainly.com/question/27523896.
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