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4 years ago

Is CNC a type of machine?

Business

1 answer:

Dominik [7]4 years ago

6 0

Answer:

Yes, CNC machinery.

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Suppliers will supply more of a good when the price of that good rises because the opportunity cost of producing that good has r

Taya2010 [7]

Answer:

B. False

Explanation:

Opportunity cost of producing a good for the supplier are the profits that they could make from other goods that they are not producing, for example if a supplier is producing cars the opportunity cost are the profits that the supplier can make by producing other products instead of cars. This statement is wrong because when the price of a good increases the opportunity cost of producing the good does not change because the opportunity cost of producing the good depends on the price and profits of other goods. In this case when the price increases the suppliers will supply more of this good because the opportunity cost of not producing the good increases because they can make higher profits now.

8 0

3 years ago

Bankruptcy is a process when a lender tries to obtain money from an individual's employer to pay an unpaid debt.

ololo11 [35]

The answer to this question would be false because when you file for bankruptcy you are not asking to get help to pay your debt you are asking to have it expunged.

6 0

3 years ago

Read 2 more answers

A side benefit of international trade is that it links national interests and increases the opportunity costs of war.

White raven [17]

Answer:

A side benefit of international trade is that it links national interests and increases the opportunity costs of war.

True

7 0

3 years ago

assuming that prices rise over time, which inventory cost flow assumption will result in the lowest cost of goods sold?

12345 [234]

Answer: FIFO

Explanation:

3 0

3 years ago

Elite Trailer Parks has an operating profit of $200,000. Interest expense for the year was $10,000; preferred dividends paid wer

11Alexandr11 [23.1K]

Answer:

a. Earnings per share = (Operating profit - Interest expense - Tax - Preferred dividends) / Common stock outstanding

Earnings per share = ($200,000 - $10,000 - $61,250 - $18,750) / $20,000

Earnings per share = $110,000 / 20,000 Shares

Earnings per share = $5.5 per share

Common dividends per share = Dividend paid / Common stock outstanding

Common dividends per share = $30,000 / 20,000 Shares

Common dividends per share = $1.50 per share

b. What was the increase in retained earnings for the year?

Increase in retained earnings = $110,000 - Common dividend paid

Increase in retained earnings = $110,000 - $30,000

Increase in retained earnings = $80,000

So, the increase in retained earnings for the year is $80,000.

3 0

3 years ago