When a job is completed in a service organization, the job costs are transferred to the?

"Between 2000 and 2008, the price of oil increased from $30 per barrel to $140 per barrel, and the price of gasoline in the Unit

KiRa [710]

Answer:

C) There was no price control on gasoline at the time.

Explanation:

During the 1970s the US government established a price ceiling on gasoline, but as all price ceilings set below the equilibrium price, it results in both a deadweight loss and a supply shortage.

Since the price is "too cheap", then the quantity demanded will be more than the quantity supplied. Rising costs in gasoline production made things worst, since suppliers were constantly reducing their supply of gasoline, while consumer demand was constantly increasing.

3 0

3 years ago

Jefferson Handyman Services has total assets for the year of $ 15 comma 400 and total liabilities of $ 8 comma 680. Requirements

Novay_Z [31]

Answer:

1. $6,720

2. $17,530

Explanation:

In this question, we use the accounting equation which is shown below:

Total assets = Total liabilities + Stockholder's equity

1. The equity value is computed by

$15,400 - $8,680 = Stockholder's equity

So, stockholder equity is $6,720

2. Since assets is assets is increased by $5,000 and the equity is decreased by $3,850

So, updated assets = $15,400 + $5,000 = $20,400

And, the updated equity is $6,720 - $3,850 = $2,870

So, the total liabilities equal to

= $20,400 - $2,870

= $17,530

3 0

2 years ago

The Whistling Straits Corporation needs to raise $72 million to finance its expansion into new markets. The company will sell ne

Alisiya [41]

Answer:

1,390,718 shares

Explanation:

Amount to be raise = $72 million

Underwriters charges = 5%

Filling Fee = $700,000

After deducting the underwriters charges the amount remains 95% of the total value. The company needs to raise exact $72 million after all charges deducted so, will take this amount as 95% of the total and gross up this value to 100%.

Total Amount to be raised = Amount including the underwrites charge + Filling charge = ( $72,000,000 / 100% - 5% ) + $700,000 = $76,489,474

Share price = $55

Numbers of share = $76,489,474 / $55 = 1,390,718 shares

8 0

3 years ago

A researcher who is conducting observations to test her own hypothesis may see or pay more attention to behavior that tends to s

siniylev [52]

Answer:

The answer is option C) Sampling Bias

Explanation:

A researcher who is conducting observations to test her own hypothesis may see or pay more attention to behavior that tends to support that hypothesis, so she must guard against observer bias

Observer bias is the tendency to allow how we feel or what we expect influence what we see.

As a researcher conducting observations to test her own hypothesis, it is possible that she may feel or think a certain way that will influence her observation.

knowledge of observation bias and how to guard against it will help her eliminate such error.

8 0

3 years ago

Which of the following is true about certified public accountants (CPAs)?

Artist 52 [7]

Answer:

A. CPAs work for government agencies and corporations.

Explanation:

Certified public accountant (CPA) is the title for skilled, competent, and professionally trained accounts. Accountants play a significant role in any organization's success, be it a business-oriented, government institution, or not-for-profit organization. Employers seek and employ qualified and certified accountants to work in their organizations.

Both the public and private sector engage the services of certified account to take charge of accounting and financial management. The objective is to ensure that financial transactions are recorded correctly, and the financial statement reflects the true picture of the organization as per the generally accepted accounting principles.

3 0

3 years ago