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Elodia [21]
3 years ago
15

Suppose you own a profitable tailoring company that hires two workers. the combined production of the two workers is ten shirts

per day. you decide to double the amount of capital and labor and see that the total number of shirts produced each day has increased to 22. this implies that your company is exhibiting ________.
Business
1 answer:
Sergio039 [100]3 years ago
5 0

The changes made in the company is a way of describing that the company is exhibiting the increase returns in scale in which the company doubles the amount of capital and labor in hopes or having to return the double number of products that is produced.

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The balance in Jahapp Inc.’s Cash account was $6,320 at April 30, 2019 before reconciliation. The April 30, 2019 balance shown i
Citrus2011 [14]

Answer:

$6,240.

Explanation:

                                     Reconciliation Statement

Bank balance before reconciliation                                $4,590

Add: Deposits in transit                                                      2,600

Less: Outstanding Checks                                                  (950)

Reconciled Bank Balance at April 30, 2019                $6,240

Cash balance before reconciliation                               $6,320

Add: Interest Revenue                                                           60

Less: Bank service charges                                                (140)

Reconciled Cash Balance at April 30, 2019               $6,240

<u>Notes</u>

- Deposit in transit and Outstanding checks are already recorded in company's books but not yet recorded with the bank because these checks might have reached bank after working hours. So, we have to update the bank's record.

- We have to update the cash balance with the information that is with the bank and has been provided to us at the period end. This include the interest revenue, already updated in the bank balance, and bank service charges.

7 0
4 years ago
Assume that the amount that you have to actually borrow for your ski and bike rental business mentioned in the previous question
s344n2d4d5 [400]

Answer:

4.65%

Explanation:

Data provided in the question:

Amount borrowed = $18,000

Discount Interest rate = 4%  = 0.04

Required compensating balance = 10%

Now,

Effective loan rate on Discount Loan with compensating balance is given as

⇒ [ ( Interest rate ) ÷ (1- interest %-Compensating balance%) ] × 100%

⇒ [ 4% ÷ ( 1 - 4% - 10%) ] × 100%

⇒ [ 0.04 ÷ ( 1 - 0.04 - 0.10 ) ] × 100%

⇒ [ 0.04 ÷ 0.86 ] × 100%

⇒ 4.65%

3 0
3 years ago
If I want a structure and it has to much weight.How do I make it were it can hold more weight?
AVprozaik [17]
Support the structure​ from the bottom by adding more of the stuff you made it out of or put things around the base of the structure
3 0
3 years ago
The Victoria Fund, a child welfare fund, received $50,000 in cash in 2018. The donor requires the gift be held in perpetuity and
maw [93]

Answer:

The $50,000 must be reported as assets with donor restrictions.

Explanation:

Donor imposed restrictions can be temporary or perpetual; the $50,000 are perpetually restricted since they must be invested and the income received should be used for its program of promoting adoption of young girls.

3 0
3 years ago
Which of the following statements is FALSE?
Vlada [557]

Answer:

Total return equals earnings multiplied by the dividend payout rate.

Explanation:

Total return is calculated as appreciation of price plus dividend paid, divided by the original price of the stock.

The income gained on a stock is the increase in its value along with dividend that is paid out. This is compared to the original price (denominator) to determine how much returns is realised on the stock.

Mathematically

Returns= {(New price- Old price) + Dividend} ÷ Old price

So the statement total return equals earnings multiplied by the dividend payout rate is false

5 0
3 years ago
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