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IgorC [24]
3 years ago
10

The jewels that a jewelry maker uses for his necklaces are becoming harder to find. Because of this he has to raise the price of

the necklaces. Which factor is this in determining price?
A. Related products
B. Strength of economy
C. Elasticity of the market
D. Production cost
Business
1 answer:
Alja [10]3 years ago
4 0
The answer is d is production cost 

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2 years ago
Use your knowledge of balance sheets, what are the total liabilities and retained earnings in the text below, respectively? ASSE
Vera_Pavlovna [14]

Answer:

B) 280,000; 200,000

Explanation:

Assets = Liabilities + Shareholder Equity

Assets:

Cash                              $50,000

Accounts receivable    $80,000

Inventory                     $100,000

Gross P&E                   $730,000

<u>depreciation               ($130,000)</u>

total                          = $830,000

Liabilities:

Accounts payable         $12,000

Notes payable              $50,000

<u>Long-term debt           $218,000 </u>

total                          = $280,000

Equity = $830,000 - $280,000 = $550,000

Common stock            $100,000

Add. paid-in capital    $250,000

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