Answer:
$44,300
Explanation:
The account payable had a beginning balance of $11,400
The company purchased $52,000 worth of supplies
The ending balance is $19,100
Therefore the amount in which the company paid to the creditors can be calculated as follows
= $11,400+$52,000-$19,100
= $6,400-$19,100
= $44,300
Answer:
D. -$1,116
Explanation:
Total amount of purchase = number of shares * price per share
= 300 * $8.62
= $2,586
Total dividends received = number of shares * dividend per share
= 300* $0.10
= $30
Total proceeds from sale of shares = number of shares sold * price per share
= 300* $4.80
= $1,440
Total dollar return = (Total proceeds from sale of shares + Total dividends received - amount of purchase)
= $1,440 + $30 - $2,586
= -1,116
Answer:
option. C. $50
Explanation:
Your loss is limited to $50 if you notify your financial institution within two business days after learning of the theft.
Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrates the idea of<u> the law of diminishing marginal utility.</u>
The introductory economics textbook Principles of Economics was written by N. Gregory Mankiw, a professor of economics at Harvard.
As of 2020, there have been nine editions since its initial release in 1997. Prior to the book's publication, there was debate over the substantial advance author Greg Mankiw received from publisher Harcourt.
More than a million copies have now been sold, bringing in at least $42 million for Mankiw.
Mankiw made the decision to donate the textbook royalties he had been collecting from his students to charity after hearing their concerns about the cost.
Principles of Economics is the required text for introductory courses in American economics departments.
It is the "most commonly used economics textbook," according to its current publisher Cengage.
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The Garden company sells a product for $50 per unit. Variable costs are $40 per unit. 50 % of the contribution margin per unit, in total, and as a ratio.
Selling price per unit - Variable cost per unit = Contribution margin per unit
50 - 25 = $ 25
Sales - Variable cost = Contribution margin
( 610 * 50 ) - ( 610 * 25 ) = $ 15250
Contribution margin / Sales = Contribution margin ratio
15250 / 30500 = 50%.
Variable costs are directly related to the cost of producing goods and services, whereas fixed costs do not change with the level of production. Variable costs are commonly referred to as COGS, but fixed costs are not usually included in COGS. Fluctuations in sales and production levels can affect variable costs when factors such as sales commissions are included in the unit price of production. On the other hand, fixed costs still have to be paid, even if production slows down significantly.
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