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wariber [46]
3 years ago
10

What is the answer to 2/3x8

Business
1 answer:
Juliette [100K]3 years ago
4 0
5.3333333333333333333333333333333333333333333333333333333333333333333333333333333ect
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Becky Shelton, a teacher at Kemp Middle School, is in charge of ordering the T-shirts to be sold for the school’s annual fund-ra
Masteriza [31]

Answer:

a. $2,870, $1,330

b. $5,530, $70

Explanation:

The amount of profit earned is the difference between the total sales and the total cost. The total sales is the product of the selling price per shirt and the number of shirts sold while the total cost is the product of the number of shirts ordered and the cost per shirt.

Opportunity cost is the cost or worth of the alternative foregone.

Profit earned

= 600 * $14 - 790 * $7

= $2,870

Cost of waste due to excess inventory

= $7(790 - 600)

= $1,330

If the school receives actual sales orders for 800 shirts, the amount of profit the school will earn

= 790 ($14 - $7)

= $5,530 ( the number of units sold cannot be more than the number ordered).

The opportunity cost

= $7(800 - 790)

= $70

6 0
3 years ago
Debbie and Chris are a married couple in California. When they purchase their first home together, they want to make sure that i
blsea [12.9K]

The ownership on the deed has to be recorded as  a community property with right of survivorship.

<h3>What is a community property?</h3>

This is a property that is used to show that a married individuals assets. It is also referred to as a marital property regime.

Such are assets that were owned during the course of the marriage. Inheritance cannot be regarded as such.

Read more on community property here: brainly.com/question/13139218

8 0
2 years ago
On October 1, 20X6, Susan Thompson opened Thompson Decorating Services, a sole proprietorship. Susan began operations with $50,0
galben [10]

Answer: income statement: Net income $5,100, Statement of owners Equity :Total $35,100, Balance sheet : Total Liabilities $53,200, Total Asset $53,200

Explanation:

Thompson Decoration Services

Income Statement for the month ended 31 st October 20X6

$

Revenue. 18,300

Less Expenses

Salaries. 8,700

Advertising 2,500

Less: outstanding 700

-------

1,800

Taxes. 150

Postage. 1,800

Utilities. 100

Interest. 450

Miscellaneous. 200

------------

13,200

--------------

Net income. 5,100

-----------------

Statement of owners Equity for the month ended 31st October 20X6

Common Stock. Paid in capital. Retained Earnings Treasury stock Total

Balance Oct 1. 30,000. 30,000

Issued share for cash. - - - - -

Purchase of treasury stock - - - - -

Net income. - - 5,100. 5,100

Cash dividend. - - - - -

Stock dividend. - - - - -

------ ------ --------- ---------- -------------

Balance on Oct 31. - - 5,100 - 35,100

---------- -------- -------- ---------- --------------

Thompson Decoration Service

Balance sheet for the month ended 31st October 20X6

$

Current Asset

Debtors. 4,100

Account Receivable 14,200

-----------

Total Current Asset. 18,300

Fixed Asset

Van. 16,000

Office Equipment. 4,000

Furnishing. 14,900

-----------

Total Fixed Asset. 34,900

--------------

Total Asset. 53,200

---------------

Long term Liabilities

Capital. 30,000

Add: Net income 5,100

----------

35,100

Less: Drawing. 5,500

-----------

29,600

Loan. 20,000

-----------

Total Long term Liabilities 49,600

Current Liabilities

Outstanding 2,800

Interest. 450

Taxes. 150

Miscellaneous 200

--------------

Total Current Liabilities 3,600

--------------

Total Liabilities. 53,200

----------------

4 0
3 years ago
Read 2 more answers
As little as _______ percent of privately owned 4es ever move from the start-up stage to the success stage.
Vinil7 [7]
<span>As little as (C) 2 percent of privately owned 4es ever move from the start-up stage to the success stage. Owning a start-up company is a tedious and challenging job. It takes a lot of responsibility towards making it a stable one and easily attack conflicts. It is a big risk, but the success of the risk will bring you to a higher level.</span>
6 0
3 years ago
Question 25
telo118 [61]

Answer:

False

Explanation:

6 0
3 years ago
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