Answer:
allocate resources.
Explanation:
Scarcity of resources makes producers make choices on how to use the few available resources. Like other people, producers will want to do many things but are restricted by a lack of resources. Time and money are examples of scarce resources. They have to allocate the available resources among different needs and wants.
Opportunity cost is measured by calculating the value of the next best alternative.
The answer to the blank space is stress. To be more specific, what Dionne is experiencing a form of stress known as distress, because it is causing her negative or adverse effects, since she is overwhelmed because of it.
There is also another type of stress called eustress which will give the person who is perceiving it a better performance or even a better feeling.
Answer:
Explanation:
(A) The preparation of the bank reconciliation statement on July 31, 2017 is presented in the spreadsheet. Kindly find the attachment below:
(B) The journal entries are shown below:
Cash A/c Dr $2,576
To Accounts receivable $,2576
(Being cash is collected)
Bank service charges expense A/c Dr $51
To Cash A/c $51
(Being bank service charges paid)
Answer:
$34,590,000
Explanation:
Kenny incorporation is looking at setting up a new manufacturing plant in South park
The company purchased some lands six years ago $8.4 million
The land will net $11.2 million if sold today
The plant will cost $22.4 million to build
The site requires $990,000 worth of grading before construction
Therefore the proper cash flow can be calculated as follows
= opportunity costs + costs + upgradation
= $11,200,000 + $22,400,000 + $990,000
= $34,590,000
Hence the proper cash flow is $34,590,000
Answer:
e) $4,651
Explanation:
The break-even point is the level of activity that a company must operate to have its total cost equal to its total revenue. At this level of activity, the business makes a zero profit, as the total contribution is exactly the same as the total fixed cost.
It is important for the business to have an idea of the number of customers or units of product to sell inorder for it to cover its total fixed cost. This is the information the break-point analysis seeks to provide.
Working it out
Break-point in sales = Total General fixed cost/ Contribution margin ratio
Contribution margin ratio (CMR): Contribution is sales less variable costs. And the contribution margin ratio is the proportion of sales that is earned as contribution. The higher the better.
CMR = contribution/sales
Fixed cost = Contribution + net loss
We can now apply all these relationships to the question given:
Fixed cost = 1720 + 280
= 4,000
Contribution margin ratio = 1720/400 = 43%
Break-even sales ($) = 4000/0.43
= $4,651
