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3 years ago

It is assumed that the activities of Ford Motor Corporation can be distinguished from those of General Motors because of the

Business

1 answer:

Margarita [4]3 years ago

6 0

Answer:

It is assumed that the activities of Ford Motor Corporation can be distinguished from those of General Motors because of the

Economic entity assumption.

Explanation:

The reasons behind this answer are that in the first place ford motor company allows the professionals of accounting and finance to view the states of the proprietors business transactions in a different dimension than the owner's transactions. Even though when they are not completely two different businesses. But they can be separated for accounting purposes. Unlike general motors company, that can't allow the finance and accountancy professionals to do this, because they are not interdependent.

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4 0

1 year ago

Create a business decision based on the company where you work (can be any company), a small business you hope to own someday or

Naya [18.7K]

The correct answer to this open question is the following.

The business decision based on the company where you work would be this. To open a new small branch of the fast-food restaurant as a concession in the municipal stadium.

The incremental cost is the future costs as a result of this business decision. This means that we have to consider extra money on a monthly basis to pay for the rent of the concession booth at the Municipal stadium.

The opportunity cost is that instead of opening our branch in the new downtown mall, we decided to move with the stadium option. Having decided to be at the mall could have allowed us to have more clients on a daily basis, especially on weekends.

The sunk cost is a cost from the past, an historical cost that really is not important in the present time to make a decision. Maybe, just a reference to a case in the past. And that's it.

Here we can refer to a cost when we opened the first location of the restaurant, but it was five years ago. Those were different situations, necessities, and conditions.

8 0

2 years ago

When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici

Inga [223]

Answer:

d. 0; unrelated.

Explanation:

Cross elasticity of demand is the degree of responsiveness of demand for a particular product to a change in the price of another product.

A change in price of a product will lead to a change in demand for another product if the two goods are either goods of close substitutes or if they are complements. If two goods are not related, the change in price of one will not have any impact on the demand for the other good.

In this question, the cross elasticity is zero because biro and pencil are not related.

3 0

2 years ago

Khaling Company sold 26,850 units last year at $15.80 each. Variable cost was $11.70, and total fixed cost was $116,440. Require

MatroZZZ [7]

Answer:

1.Operating Income (loss) (2122)

2. Break even point in units = 28126

3. Required Sales in Units=30899

Explanation:

Khaling Company

Income Statement

Sales (26,850units* $ 15.84) $ 425304

Less

Variable Costs ( $11.70* 26580 units) $ 31,0986

Contribution Margin 114,318

Less Fixed Costs $116,440

Operating Income (loss) (2122)

2. Break even point in units = Fixed Costs/ Contribution Margin Per unit

= $116,440/$ 15.84-$11.70

=$116,440/ 4.14

= 28,125.6= 28126 units

<em>We find the Contribution Margin Per unit by subtracting variable cost per unit from sales price per unit.</em>

3. Required Sales in Units = Fixed Costs + Targeted Income/ Contribution Margin Per unit

=$116,440 +$11,480 /$ 15.84-$11.70

= 127920/4.14= 30898.5= 30899 units

6 0

2 years ago

Opinion: Based on marginal analysis that examines costs and benefits, why do some people choose NOT to eat organic food?

Katyanochek1 [597]

Non-organic food is cheaper, and often has brand names, which appeal to the consumer more than an organic brand does.

3 0

3 years ago

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