Which of the following is NOT a role increasing the government's complex relationship with business?

explain how the price consumers pay for a good is influenced by the price of the resources that go into making it

Reika [66]

Answer:

Here's an example

I sell bead bracelets for $5.00. The chord I use to make them is $2.50 for 5 feet. Each bracelet needs 1/4 of a foot of chord. That is $0.13 worth of chord per bracelet. The beads I use are 30 beads for $1.00. I use 5 beads in each bracelet. That is $0.17 worth of beads per bracelet. The total price of the materials per bracelet is 30 cents. Let's say It takes me 10 minutes to make a single bracelet. If I sell the bracelet at 30 cents, I would no have made a profit and would instead lose 10 minutes of my time. If I sell it for anything less, I would be losing money and time. If I want to make a profit, I need to add the money I want to make plus the cost of resources. Therefore, if I want to make a profit of $4.70, I must sell the bracelets for $5.00.

4 0

3 years ago

Bobbi and Stuart are partners. The partnership capital of Bobbi is $35,300 and that of Stuart is $77,700. Bobbi sells his intere

SCORPION-xisa [38]

Answer:

The correct answer is:

John's capital account for $35,300 (c.)

Explanation:

In the admission of a new partner, the purchase of ownership from an existing partner to a new partner is entirely a personal transaction between the existing partner and the new partner, and the extent of partner bonus (the interest sold on the original partnership amount) is acquired by the exiting partner, but this bonus is not reflected in the partnership agreement, hence the amount credited into the new partner's account is the same as that owned previously by the exiting partner, irrespective of how much the partnership ownership was sold for.

Hence, since Bobbi's partnership capital was $35,300, John's account would be credited with the same amount even if the ownership was sold for $55,900, as the bonus goes to Bobbi.

7 0

3 years ago

The following data (in millions) are taken from the financial statements of Target Corporation: Recent Year Prior Year Revenue $

Sliva [168]

Answer:

1.88% and $1,339

Explanation:

The computation of the amount of change revenue is shown below:-

Amount of change revenue = Recent year - prior year

= $72,618 - $71,279

= $1,339

Percentage of change revenue = (Recent year - prior year) ÷ Prior years

= ($72,618 - $71,279) ÷ $71,279

= $1,339 ÷ $71,279

= 1.88%

We simply applied the above formulas

8 0

3 years ago

Which of the following types of child care is most closely regulated by state and county government? A. Child care center B. Fam

Montano1993 [528]

I think this will be A ;)

6 0

3 years ago

Read 2 more answers

epper Department store allocates its service department expenses to its various operating (sales) departments. The following dat

ad-work [718]

Answer:

Pepper Department Store

The total advertising expense allocated to Department B is:

= $24,000.

Explanation:

a) Data and Calculations:

Expense Basis for allocation Amount

Rent Square feet of floor space $ 49,000

Advertising Amount of dollar sales $ 80,000

Administrative Number of employees $ 120,000

Department Square Feet Dollar Sales Number of employees

A 5,500 $ 355,000 31

B 5,900 $ 375,000 33

C 6,100 $ 520,000 35

Totals 17,500 $ 1,250,000 99

Advertising Expense Allocation:

Department A = $22,720 (355,000/$1,250,000 * $80,000)

Department B = $24,000 ($375,000/$1,250,000 * $80,000)

Department C = $33,280 ($520,000/$1,250,000 * $80,000)

6 0

3 years ago