A business plan should be rewritten every three to five years<br> true<br> false

If Jacques's Fire Engines were a competitive firm instead and $80,000 were the market price for an engine, decreasing its price

Anna35 [415]

Answer:

The correct answer is:

false (b)

Explanation:

Reduction in the price of a good or service in a competitive market leads to an increase in quantity demanded, which in turn leads to an increase in the production quantity, to cater for the increase in the volume of demand. Hence the reduction in the price of Jacques's fire engines will increase demand and in effect increase the production quantity. With respect to the total revenue, depending on the extent of demand increase, the total revenue might increase or even decrease. If the total demand exceeds the previous demand to make up for the reduction in price, the total revenue will increase, if not so, the total revenue will decrease.

3 0

3 years ago

Stephi owns a footwear store. She wants to create a graph of the number of sneakers sold, by brand. She copies the SneakerSales

sukhopar [10]

Answer:

the answer is a

Explanation:

pasting the query results into a spreadsheet :)

brainliest/crown please :)

6 0

3 years ago

Swan Corporation makes a property distribution on 12/31/13 to its sole shareholder, Matthew. The property distributed is a cotta

ra1l [238]

Answer:

What is Swan’s taxable gain on the distribution of the cottage?

Fair market value of property = 200000

Less: adjusted basis of property= 115000(150000-35000)

Taxable gain on distribution = 85000

What is Swan's current E&P after the distribution on 12/31/13?

Swans current E&P = 300000

Add: taxable gain on distribution = 85000

Less: distribution made = 165000(200000-35000)

After distribution E&P = 220000

What is the taxable dividend to the shareholder (if any)?

Taxable dividend to shareholders = 200000-35000 = 165000

What is the shareholder's basis in the cottage?

Shareholders basis is FMV of property i.e. 200000

3 0

3 years ago

40. The Battaglia Co. produces lounge chairs. At a budgeted amount of 10,000 lounge chairs the manufacturing overhead is $50,000

bija089 [108]

Answer:

C. $4,500 favorable

Explanation:

Spending Variance is the difference between the actual and estimated value of the expense. In this question we need to calculate the variance of total manufacturing overhead.

Variable

Actual Variable cost = $60,500

Manufacturing overhead application rate = Budgeted overhead / Budgeted units = $50,000 / 10,000 units = $5 per unit

Applied Overhead = Actual production x application rate = 11,000 units x $5 = $55,000

Variance = $60,500 - $55,000 = $5,500 unfavorable

Fixed

Actual fixed overhead = $125,000

Budgeted Fixed overhead = $135,000

Variance = $135,000 - $125,000 = $10,000 Favorable

Total Variance = Variance of variable manufacturing overhead cost + Variance of fixed manufacturing overhead cost

Total Variance = $10,000 Favorable - $5,500 unfavorable

Total Variance = $4,500 Favorable

4 0

3 years ago

The government of Diarmina recently passed a law that requires foreign companies to partner with Diarminian companies if they wa

Orlov [11]

Answer:

Policy uncertainty

Explanation:

Policy uncertainty is a class of economic risks associated with erratic economic policy of the government of a particular country. Policy uncertainty discourages investment and raises the investment risk factor of an economy.

It can come from unstable and unexpected monetary or fiscal policy of a regime or unpredictable regulatory framework.

5 0

3 years ago

A business plan should be rewritten every three to five years true false