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Oksana_A [137]
3 years ago
15

Which of the following is true of​ resources? A. Their availability is unlimited. B. They are inputs used to produce goods and s

ervices. C. When resource availability is​ increased, scarcity is eliminated. D. Both b and c.
Business
1 answer:
kvasek [131]3 years ago
8 0

Answer: D. Both b and c

Explanation: Resources are a set of elements available to solve a need, they are usually used as raw material to supply companies, however their availability may be limited, so there may be a shortage that is the lack of something in the market, given this situation should be increased the amount available for production to be continued.

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4. A company expects its September sales to be 15% higher than its August sales of $140,000. Purchases were $75,000 in August an
Gre4nikov [31]

Answer: C. $140,300

Explanation:

Cash balance on Sept 1 is $71,500

Sales: $140,000*15%+$140,000

Sales in sept = $21,000+ $140,000

= $161,000

Cash collected Sept =$161,000*30%

= $48,300

Cash collected in sept for August sales = $140,000*70%= $98,000

Purchases Sept = $85,000

Cash purchases = $85,000*25%

= $21,250

Cash purchases in August = $75,000*75%= $56,250

Ending cash bal in Sept = $71,500+ $48,300 + 98,000- $21,250 - 56,250 = $140,300

7 0
3 years ago
Read 2 more answers
Sabrina bought a new washing machine. She put $50 down and pays $50 per month for the next 10 months to be able to make the purc
MatroZZZ [7]

The credit she used is an installment sales credit.

Installments help you manage your liquidity and avoid unnecessary interest and fees. Installments are what you think of as a typical loan. Mortgages, car loans, or personal loans are examples of installment loans. These usually have a fixed payment and a specific end date.

Credit sales are a way for businesses to offer their customers short-term payment deferral options. The typical time frame for credit sales is 90 days or less. Credit sale discounts are often applied when the full amount is paid within a certain number of days.

Learn more about Credit sales here: brainly.com/question/25393740

#SPJ4

4 0
2 years ago
Jose wanted to make a graph to show his budget for the month. what type of graph would be the most appropriate to graph for jose
Andru [333]
D. Circle (Pie) graph
3 0
3 years ago
Read 2 more answers
What happens to each company’s net income if sales increase by 30%?
vodka [1.7K]
  <span>Increased Contribution Margin = $40,000 x 70%, or 28,000. 
New ad campaign costs $22,000, so the net Income increase will be the difference, $6,000</span>
5 0
3 years ago
After the posting of the accounts payable ledger and general ledger is completed, the total of the accounts payable ledger balan
ratelena [41]

Answer: Accounts Payable

Explanation:

The General Ledger has a record of all the financial transactions that take place in the company. It therefore has an Accounts Payable account that records payables that the company has incurred.

The firm will also have an Accounts Payable Ledger that will also record the payables that the firm has incurred. When the entries have been made in this ledger and also in the General Ledger, the balances should be equal to reflect proper record keeping.

If the balances are not equal then an accounting error has been made that needs to be found and rectified.

8 0
3 years ago
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