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ElenaW [278]
3 years ago
5

Ken purchases a box of cereal for $2.89, cheese for $5.04, lettuce for $1.93, and milk for $1.99. he has $15 with him. which est

imate is most reasonable?
Business
1 answer:
nirvana33 [79]3 years ago
3 0
It's an estimate of $13
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Dimitri has several apple trees in his yard, and apples are a perfectly competitive market with a price of $2 per pound. if dimi
Alinara [238K]
The total revenue and the marginal revenue when he sells the 100th pound of apples is 
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)

So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.
4 0
3 years ago
Many corporations allow CEOs to use their​ firm's corporate jet for personal travel. The Internal Revenue Service​ (IRS) require
Margaret [11]

Answer:

The explicit cost of flight includes cost of fuel, maintenance cost, payment to pilot.

Explanation:

The explicit costs are the direct costs incurred during the process of production or business. Here, the payments made to the pilot will be a variable cost, the cost of fuel, etc will be explicit cost.  

The marginal explicit cost is the increase in the explicit cost with an additional output. The incremental cost of flight correctly determines the marginal explicit cost.  

Opportunity cost is the cost of sacrificing the alternative. Here, the marginal opportunity cost will be the revenue that the firm would have earned by renting the flight to other firms or individuals.

3 0
3 years ago
________ is a set of activities and techniques firms employ to efficiently and effectively manage the flow of merchandise from t
xz_007 [3.2K]

<u>Supply Chain Management</u><u>  is a set of activities and techniques firms employ to efficiently and effectively manage the</u><u> flow of merchandise</u><u> from the vendors to the retailer's customers.</u>

  • The chance to boost sales by making sure the ideal product is available at the ideal moment. Integration of transportation middlemen, warehouses, stores, manufacturers, and suppliers into a seamless value chain.
  • reduction of system-wide costs while providing the level of service that customers demand. More variety, fewer stock outs, lower transport and inventory holding costs, and higher ROI.

Supply Chain Management What Is It?

The management of a product's creation and flow, from sourcing raw materials to production, logistics, and delivery to the final consumer, is known as supply chain management (SCM).

What are the four supply chain stages?

The four components of the supply chain—integration, operations, purchasing, and distribution—work together to create a route to competition that is efficient.

Learn more about Supply Chain Management

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8 0
2 years ago
The bank statement​ _________.A.may show service​ charges, EFT collections from​ customers, and EFT withdrawals B.does not inclu
kari74 [83]

Answer:

The correct answer is letter "A": may show service​ charges, EFT collections from​ customers, and EFT withdrawals.

Explanation:

A bank statement shows account holders' transactions during a certain period of time that tends to be one (1) month. This report shows the current balance in the customers' accounts including charges, Electronic Funds Transfers (EFT) collections, and withdrawals as well as payments representing inflows.

<em>Bank statements are useful for clients so they can have control of the expenditures of their accounts.</em>

5 0
3 years ago
Boron company has net sales of $60,000; beginning inventory of $7,000; purchases of $35,000 and ending inventory of $5,000. The
SCORPION-xisa [38]

Net sales for the Boron Company were $60,000, with $7,000 in beginning inventory, $35,000 in purchasing, and $5,000 in ending inventory. $37,000 is the cost of the sold goods.

Cost of Goods Sold is calculated as Beginning Inventory minus Purchases minus Ending Inventory.

$7000+$35000-$5000=$37000

The direct costs of producing the products that a business sells are referred to as its cost of goods sold (COGS). The cost of the labor and materials directly employed to make the good are also included in this sum. It doesn't include indirect expenditures like those associated with the sales staff and distribution. As a company's gross profit is calculated by subtracting COGS from its revenues, COGS is a crucial financial statement statistic.

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7 0
1 year ago
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