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2 years ago

Upon what specific assumptions is this production possibilities curve based?

Business

1 answer:

mihalych1998 [28]2 years ago

3 0

Answer:

C. Full employment, fixed supplies of resources, fixed technology, and two goods

Explanation:

Production Possibility curve: It is a curve that shows all possible combinations to the amounts of the two goods that can be produced with the available resources and technology.

In simple words, all resources which are used to produce the possible combinations are called full employment. Thus, these specific assumptions plays vital role in production possibilities curve.

So, A, B, and the D are incorrect options.

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antiseptic1488 [7]

This is true you want to minimize risk by marketing

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2 years ago

Cougar Corporation bought inventory on account on August 23rd. Cougar paid its supplier for the inventory on August 28th. Cougar

Aloiza [94]

Answer:

"B"

Explanation:

Expenses are recognized under the accrual accounting principle.

Before expenses can be recognized under accrual method , it must be matched to a particular revenue.This means that expenses are recognized in the period that the expense was able to generate a revenue. In other words , it in recorded in the period in which it was sold and not the period it was bought.

This is done to improve the quality , accuracy of financial statement to give a true representation of an organization.

4 0

2 years ago

2019 2018 2017 2016 2015 Sales $ 672,736 $ 439,697 $ 356,030 $ 248,972 $ 185,800 Cost of goods sold 352,273 230,192 188,636 130,

drek231 [11]

Answer:

2019 2018 2017 2016 2015

Sales 362 237 192 134 100

Cost of goods sold 365 238 195 135 100

Accounts receivable 254 202 191 114 100

Explanation:

Note: See the attached excel file for the table showing how the trend percents are calculated.

Trend percents, often known as index numbers, can be described as percents that are used for comparing financial data across time to a based year or period. This can be calculated using the following formula:

Trend percents = (Analysis year amount / Base year amount) * 100 ........ (1)

Using equation (1), the following table shows the trend percents computed as follows:

2019 2018 2017 2016 2015

Sales 362 237 192 134 100

Cost of goods sold 365 238 195 135 100

Accounts receivable 254 202 191 114 100

Download xlsx

4 0

2 years ago

A company's common stock is selling in the market at a "multiple of 15". If the market price of the common stock is currently $1

Angelina_Jolie [31]

Answer:

earnings per share = $0.67

Explanation:

the earnings per share = stock price / multiple value = $10 / 15 = $0.67

When you read that a stock is selling at a multiple of X, it means that the stock price is currently X times the current earnings per share. In this case, since the stock price is $10, to calculate the EPS you must divide 10 by the multiple value.

4 0

2 years ago

Setterstrom Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1

topjm [15]

Answer:

Following are the journal entries for Setterstrom Company;

May 01

Debit: Petty cash = $100.00

Credit: Cash = $100.00

Jun 01

Debit: Delivery Expense = $31.25

Debit: Postage Expense = $39.00

Debit: Miscellaneous Expense = $25.00

Debit: Cash over/short (Balance amount) = $3.00

Credit: Petty Cash ($100 - $1.75) = $98.25

Jul 01

Debit: Delivery expense = $21.00

Debit: Entertainment expense = $51.00

Debit: Miscellaneous expense = $24.75

Credit: Petty Cash ($100 - $3.25) = $96.75

Jul 10

Debit: Petty cash = $30.00

Credit: Cash = $30.00

8 0

3 years ago