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3 years ago

(20 points)

Business

2 answers:

neonofarm [45]3 years ago

7 0

false

true

valentinak56 [21]3 years ago

7 0

Answer:

1) C

2) D

3) False

4) D

5) True

6) True

7) True

Explanation:

1) The product stays in the same price range as the competition if it is not necessarily new or unique.

So, option C. is correct.

2) Option d. is correct i.e., someone needs to find a business to invest in.

3) False, it is not easier for a brand-new business to get a loan than an existing business as a brand-new business may shut down at any time.

4) Option D.is correct as besides price, factors A, B, C are also important.

5) True, almost half the private-sector jobs in this country come from small businesses.

6) True, a small business can thrive, even in a bad economy as it does not need much investment.

7) True, the stock market represents small businesses.

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if you go to the concert, you spent $45 dollars but lose the opportunity to sell the ticket

if you sell the ticket illegally, you get $75 at the cost of not seeing the concert

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the opportunity cost is 120 dollars

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Which of the following is included in the balance sheet? A. Revenue B. Salaries expense C. Utilities expense D. Accounts payable

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3 years ago

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As mario is filling out his income tax forms, he makes the decision not to report all of his income. he figures that it is okay

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Mario is exhibiting the defense mechanism: rationalization. Mario justifies his controversial decision and behavior (his decision not to report all of his income) in rational or logical manner. This defense mechanism has two steps. The first step is the <span>decision itself with no reason, and the second step is when the <span>rationalization is performed</span></span> .

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3 years ago

Kieso Company borrowed $740,000 for three months. The annual interest rate on the loan was 9%. Kieso's fiscal year ends on Decem

Lunna [17]

Answer:

Last Fiscal Year:

Interest Expense = $5550

Current Fiscal Year:

Interest Expense = $11100

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This means that the interest expense on loan relating to last December will be charged to the last fiscal year and the interest expense relating to January and February will be charged to the current fiscal year. The interest expense amount will be calculated as follows,

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3 years ago

Jack Spratt is the production manager for a manufacturing firm that produces wizzy-gadgets and other items. The annual demand fo

Assoli18 [71]

Answer:

200 units

Explanation:

For computing the number of units produced each time we need to applied the economic order quantity formula which is shown below:

$= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

where,

Annual demand is 1,600 units

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And, the carrying cost or holding cost per unit per year is $2

Now placing these values to the above formula

So, the economic order quantity is

$= \sqrt{\frac{2\times \text{1,600}\times \text{\$25}}{\text{\$2}}}$

= 200 units

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