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3 years ago

Which Of the following examples below, which is not an example of scarcity?

1 answer:

4 0

The puppy mill that was shut down is not an example of scarcity. Scarcity means "lacking" whether of time, money, or resources. The puppy mill doesn't create scarcity, in fact it created a surplus of dogs available for adoption. So the answer is B.

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Stryker Industries received an offer from an exporter for 27,000 units of product at $17 per unit. The acceptance of the offer w

Aloiza [94]

Answer:

$162,000

Explanation:

Income Statement - New Offer

Sales (27,000 x $17) $459,000

Less Variable Costs of the offer :

Variable manufacturing costs (27,000 x $11) ($297,000)

Net Income (Loss) $162,000

therefore,

the amount of income from the acceptance of the offer is $162,000

7 0

3 years ago

Lorene is a director of a preschool. She would like to communicate to parents about upcoming events. She should send a _____.

zimovet [89]

An email to parents with the upcoming events or handout of papers to the kids to give to their parents

6 0

3 years ago

Read 2 more answers

Macroprudential supervision policies try to prevent a leverage cycle by changing capital requirements so that they ________ duri

kramer

Answer:

so correct option is A) increase; decrease

Explanation:

solution

Macroeconomic policies or rules primarily target the overall financial risk management of the company. It seeks to control risk through various steps and actions.

Even in the given case,

Increasing capital requirements during expansion is great in performance expansion and performance is not good because capital requirements are not reduced during the period.

so correct option is A) increase; decrease

0 0

3 years ago

Martin Clothing Company is a retail company that sells hiking and other outdoor gear specially made for the desert heat. It sell

taurus [48]

Answer:

Martin Clothing company

July August

1. Budgeted cash collections $130,480 $128,260

2. Budgeted cash payments $137,000 $125,850

Explanation:

a) Data and Calculations:

Month Sales Purchases Cash Expenses Paid

May $96,000 $70,000 $19,000

June 121,000 87,000 24,000

July 133,000 117,000 33,500

August 127,000 72,000 33,600

May June July August

Sales $96,000 $121,000 $133,000 $127,000

Purchases 70,000 87,000 117,000 72,000

Expense 19,000 24,000 33,500 33,600

Cash Collections:

May June July August

Sales $96,000 $121,000 $133,000 $127,000

Collections:

65% cash $62,400 $78,650 $86,450 $82,550

14% month 13,440 16,940 18,620 17,780

21% following 20,160 25,410 27,930

Total collections for July and August $130,480 $128,260

Cash payments:

May June July August

Purchases 70,000 87,000 117,000 72,000

55% $38,500 $47,850 $64,350 $39,600

45% 31,500 39,150 52,650

Expense 19,000 24,000 33,500 33,600

Payments for July and August $137,000 $125,850

8 0

4 years ago

"Listed as follows are eight events or transactions of Lone Star Corporation. a. Made an adjusting entry to record interest on a

Darina [25.2K]

Answer:

The reasons for each of the given transactions are mentioned below.

Part a.

Interest accrued on notes payable increase the current liabilities as well as interest expense for the period whereas net income and owner's equity are decreased with the same. However, revenue and assets are not affected.

Part b.

The current liabilities for the interest-bearing installment note payable and cash as asset decreased as well as net income and owner's equity also decreased. However, interest expense for the period is increased whereas revenue not affected.

Part c.

The payroll expense for the period as an expense and payroll tax payable including employees amount withheld as current liability increased. Net income for the period and cash as asset decreased. However, revenue and long-term liabilities are not affected.

Part d.

In the given case, the notes payable which were originally issued for 24 months such as long-term liabilities came within the 12 months of the maturity date. Therefore. the long-term liabilities decreased and current liabilities increased. All other items are unaffected.

7 0

4 years ago

Read 2 more answers