Answer: The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable.
Answer:
The company's net sales for this period equal to $76,592
Explanation:
First we need to calculate the total sales using the following formula
Total Sales = Cash Sales + Credit sales
Where
Cash Sales = $49,527
Credit sales = $38,540
Placing values in the formula
Total Sales = $49,527 + $38,540
Total Sales = $88,067
Now use the following formula to calculate the net sales
Net Sales = Total Sales - Sales returns and allowances - Sales discount
Where
Total Sales = $88,067
Sales returns and allowances = $7,100
Sales discount = $4,375
Placing values in the formula
Net Sales = $88,067 - $7,100 - $4,375
Net Sales = $76,592
Answer:
disequilibrium
Explanation:
Disequilibrium is the state of the market when the external and internal forces are stopping from achieving the market balance, so the market is excessively falling out this balance. It can be short-term, or long-term
Disequilibrium happens when the supply is not equal to the demand, when the market is inequal, it can lead to excess supply and excess demand.
Answer:
Return on common stockholders' equity = Net income/Shareholders equity x 100
Return on common stockholders' equity = $100,000/$210,000 x 100
= 47.62%
Explanation: Return on common stockholders' equity is the ratio of net income to average common stockholders' equity. Net income is $100,000 while average common stockholders' equity is $210,000. The ratio of the two gives return on common stockholders' equity.
Answer:
C. Credits Checking account, Debits Undeposited Funds.
Explanation: QuickBooks is a small business accounting software program businesses use to manage income and expenses and keep track of the financial health of their business. You can use it to invoice customers, pay bills, generate reports, and prepare for taxes.
