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RideAnS [48]
3 years ago
12

Classify each item as an asset, liability, common stock, revenue, or expense.

Business
1 answer:
kari74 [83]3 years ago
6 0

Answer: The answer is as follows:

Explanation:

Each item is classified as follows:

(a) Issuance of ownership shares - Common Stock

(b) Land purchased - Assets

(c) Amounts owed to suppliers - Liabilities (Accounts Payable)

(d) Bonds payable - Liabilities

(e) Amount earned from selling a product - Revenue

(f) Cost of advertising - Expense

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In a command economy, Individuals fellow thir self-interest without government intervention True or False
GarryVolchara [31]

Answer:

false

Explanation:

command economy is the same as a planned economy where the prices and incomes are decided and fixed by the central government

5 0
3 years ago
Read 2 more answers
The market demand curve
Sidana [21]

Answer:

The answer is: A) is the sum of all individual demand curves.

Explanation:

By definition the market curve is the sum of all individual demand curves in a market. It shows the total quantity of goods that consumers demand (are willing and able to purchase) at varying price points. Usually the curve shows a downward slope since consumer demand decreases as the price of a good increases.

5 0
3 years ago
During the rainy season, people look to buy raincoats and umbrellas. Elements, an apparels manufacturer, caters to this need. Wh
FromTheMoon [43]

Answer:

The definition of the problem is listed in the Clarification column elsewhere here.

Explanation:

  • By implementing a collection talking things-through umbrellas that illuminate throughout the night, Raindrop will turn the said requirement into something like a desire.
  • Needs represent situations of poverty as perceived.
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3 0
3 years ago
What leads to an increase in specialization of labors?
alexandr1967 [171]
Labor Specialization and Productivity. Having workers perform specialized labor tasks is one of the factors that can lead to increased productivity. Division of labor can lead to a large increase in efficiency for two key reasons.
6 0
3 years ago
Widgeon Co. manufactures three products: Bales, Tales, and Wales. The selling prices are $55, $78, and $32, respectively. The va
bonufazy [111]

Answer:

b. $34,000.

Explanation:

The computation of contribution margin is shown below:-

Particulars          Bales      Tales     Wales

Seeling price     $55          $78          $32

Variable cost     $20           $50         $15

Contribution

margin                $35          $28          $17

Required hour to

process                5             7              1

Contribution margin

per hour             7                4              17

Maximum contribution margin is

= Contribution margin per hour × number of machine hours

= 17 × 2,000

= $34,000

8 0
3 years ago
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