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3 years ago

What is the amount of money you still owe to their credit card company called?

Business

1 answer:

Sophie [7]3 years ago

5 0

A credit card balance is the amount of money owed to the credit card company.

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Write the journal entries for the following transaction of Amy's publishing company in September 2020:

Gnesinka [82]

Answer:

Date Account Details Debit Credit

Sept. 30, 2020 Accounts Receivable $5,000

Sales $5,000

Date Account Details Debit Credit

Sept. 30, 2020 Cost of Goods Sold $2,000

Inventory $2,000

7 0

3 years ago

What is the license to form a corporation issued by the state government called?

notka56 [123]

A certificate of incorporation.

8 0

3 years ago

Read 2 more answers

he Wood Valley Dairy makes cheese to supply to stores in its area. The dairy can make 485 pounds of cheese per day (358 days per

Kaylis [27]

Answer :

Minimum total annual cost = $3,321.26

Explanation :

The computation of the minimum total annual cost is shown below:

As per the data given in the question,

Annual demand (D) = 67 × 358 days = 23,986

Setup cost (C) = $290

Production rate (R) = 358 days × 485 = 173,630

Holding cost(H) = $0.92

Economic production quantity(Q) = sqrt((2 × D × C) ÷ H × (1-(D ÷ R)))

= sqrt(((2 × 23,986 × $290) ÷ $0.92 × (1 -(23,986 ÷ 173,630)))

= 4,188.7

= 4,189

Minimum total annual cost is

= (Q ÷ 2) × (1 - D ÷ R) × H + (D ÷ Q) × C

=4,189 ÷ 2 × (1 - (23,986 ÷ 173,630) × $0.92+ (23,986 ÷ 4,189) × 290

= $3,321.26

6 0

3 years ago

Both firms in a Cournot duopoly would enjoy lower profits if:

daser333 [38]

Answer:

each firm simultaneously increased output above the Nash equilibrium level.

Explanation:

A French mathematician, Antoine Augustine Cournot developed the Cournot duopoly in his economic model “Researches into the mathematical principles of the theory of wealth”, of 1838.

Cournot duopoly also known as the Cournot competition, is an economic model where two (2) business firms having identical cost functions compete in a oligopolistic market of imperfect competition with homogeneous products.

Under the Cournot duopoly, the competing firms offer identical products and thus, choose an amount or quantity to produce independently and at the same time because they cannot collude.

Both firms in a Cournot duopoly would enjoy lower profits if each firm simultaneously increased output above the Nash equilibrium level.

Hence, the advantage of the Cournot duopoly is that, it inhibits competing firms from deviating unilaterally.

4 0

4 years ago

Many businesses today are abandoning traditional business attire and allowing their employees to come to work in business casual

fredd [130]

Answer:

Derived

Explanation:

Today's employers are foregoing traditional business clothing in favour of allowing their staff to dress in business casual, which generally excludes ties, cufflinks. As a consequence of this cultural tendency, there has been a decline in the selling of silk ties. Because the market for silk is driven from consumer spending for silk ties, a reduction in consumer spending for silk has resulted in a decrease in desire for silk.

5 0

3 years ago