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e-lub [12.9K]
3 years ago
14

PRODUCT POSSIBILITIES QUESTION 20 point

Business
2 answers:
Nina [5.8K]3 years ago
5 0
The answer is all but D. 
the company cannot produce a combination of x,y when the plot is outside the line 
RSB [31]3 years ago
5 0
It would be D, because it is completely off the x & y graph where there is no possible product output. Hope this helps
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Given the historical cost of product Dominoe is $22, the selling price of product Dominoe is $30, costs to sell product Dominoe
olga_2 [115]

Answer:

Amount to be used to value inventory = $22

Explanation:

Inventories are generally valued at lower of cost or market value.

In that, cost is considered:

Net Realizable Value = Selling price less any cost = $30 - $5 = $25

Cost = $22

Since the Net Realizable Value is more than cost, replacement cost will not be considered.

Where NRV is less than cost, then replacement value is considered.

Here, Therefore inventory will be recorded as $22 at cost.

6 0
3 years ago
Financial educators often recommend that individuals should:
Marina86 [1]

Answer: D

Explanation: it is advisable to use government benefits as an important source of income prior to retirement. Since income will no longer flow like before during the retirement period, government benefit and other allowance remain as the source of income for especially in a situation where there is no other private source of income.

3 0
3 years ago
An appraiser has assigned the following weights to three adjusted sale prices: Comparable 1: $329,500 45% weight Comparable 2: $
n200080 [17]

Answer:

$322,990

Explanation:

The reconciled estimated market value of the subject property will be calculated as follows:

($329,500 X 0.45) + ($320,900 X 0.35) + ($312,000 X 0.2) = $322,990

8 0
3 years ago
On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $236,300 an
Studentka2010 [4]

Answer:

Equipment, credit, $229,100

Explanation:

we record the entry when we purchase the equipment is

we debit the equipment, and credit the cash/accounts payable depending on whether we paid the cash or purchased the equipment on account.

We debit the equipment because equipment is our asset, and when asset goes up we debit them. We credit the cash because again cash is our asset and when asset goes down we credit them.

Now at the time of disposal, we want to remove the asset from our balance sheet. Equipment is disposed now. In other words, equipment is our asset, and disposing the equipment means asset goes down, and we show this effect by credit the equipment.

5 0
3 years ago
When creditors, managers, and investors look at expenses as a percentage of revenue, they are __________.
sineoko [7]

Answer:

Doing a financial statement analysis.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Financial statement analysis can be defined as the process of analyzing, estimating and reviewing the financial statements of a business firm or organization in order to make better economic decisions and profits in the future.

Hence, when creditors, managers, and investors look at expenses as a percentage of revenue, they are doing a financial statement analysis.

7 0
3 years ago
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