Answer:
$15,000
Explanation:
In leo company books, the gain recognized would be $75,000 - $60,000 = $15,000 as they are selling the land $15,000 more than it initially cost them
Answer:
Two weaknesses as consultant can be identify: The economy experiences economic fluctuations, and people with no resources to sell could starve
Explanation:
In a pure market economy, the allocation of resources is based on purely the dynamics between supply and demand. If our economy is closed (there is no imports nor exports) and there is not different actors (such as government) and all trade goods are perfect (they are not public or semi-public goods), then the market will efficiently allocate all the resources. Nevertheless, this is not the case, and with an open economy and the existence of imperfections, any external impact will cause economic fluctuations, and those workers with no demandable offer will not be hired, and potentially will be out of the market.
Jeffries Corporation's Operating Income from the two products is <em>A. $35,000.</em>
The operating income is the difference between the revenue and operating costs (variable and fixed costs).
Data and Calculations:
Product A Product B Total
Revenue $18.00 $21.00
Variable cost 14.00 13.00
Contribution $4.00 $8.00
Fixed costs $143,000
Total sales units 35,600
Sales mix 3 1 4
Sales units 26,700 8,900 35,600
Total contribution$106,800 $71,200 $178,000
Total fixed costs 143,000
Operating income $35,000
Thus, the operating income is $35,000.
Read more: brainly.com/question/14815746
Answer:
The correct answer is letter "B": define the organization's purpose in society.
Explanation:
A company's mission reflects what is the purpose of the firms in regards to the impact with its surrounding society. It describes what product is going to be offered, what are the association's potential consumers, and in what sector of the society the firm will focus.
