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3 years ago

What are private property rights? Private property rights are:

Business

1 answer:

Lerok [7]3 years ago

7 0

Answer:

The correct answer is option C.

The correct answer is option E.

Explanation:

Property can be defined as the theoretical and legal rights of firms and individuals to own tangible, physical and intellectual property. Property rights make the basis of how economic goods can be used and owned.

The four components of property rights are:

The right to use property
The right to earn from the property
The right to transfer or destroy property
The right to enforce property rights

These components of property rights encourage people to spend money on their property. A large number of people are encouraged to invest in the business.

Firms will spend money on research and development as they have property rights and they can use their research to earn a profit.

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Royal Lawncare Company produces and sells two packaged products—Weedban and Greengrow. Revenue and cost information relating to

slega [8]

Answer:

Contribution is sales revenue less variable cost. In multiple products environment, it is important that the producer have information about the performance of each product. This is useful for decision making purpose. See income statement below

Explanation:

An income statement showing contribution would suffice:

Royal Lawrence Company

Income statement

Weedban Greengrow Total

$ $ $

Sales (sp/unit × unit) 315,000 900,000 1,215,000

Variable cost (Vc/unit × units) (98,000) (325,000) (423,000)

Contribution 217,000 575,000 792,000

Specific fixed cost (132,000) (37,000) (169,000)

Product profit 85,000 538,000 623,000

Common Fixed cost (100,000)

Total profit 523,000 

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3 years ago

Read 2 more answers

Google has implemented employment policies like increasing the use of women interviewers for female job applicants and expanding

Sholpan [36]

Specialization. The characteristic of bureaucracy that Google is attempting to address this changes is the formal rules since it is stated on the first part that Google has "implemented employment policies" with regards to hiring women and the maternity benefits. These are the standard operating procedure that everyone in the hierarchy formally follows and plays a big role in the decision-making process.

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3 years ago

siniylev [52]

"D. job-specific training" I believe...

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3 years ago

Identify the two independent clauses in the following compound-complex sentence.

krek1111 [17]

The two independent clauses in the following compound-complex sentence are.

The production manager supported the changes.
He expected the process to work smoothly.

Explanation:

Compound sentence and complex sentence together makes a compound- complex sentence. A Clause is a sentence which has one subject or one verb.

The independent clause is a sentence which does not need a supportive sentence to explain it's situation and it makes a statement or asks a question.

And dependent clause is a sentence which begins with when, because, if etc. Therefore, the independent caluses will be the above given two sentences as they are statements and do not need a supportive statement.

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3 years ago

Kingbird Windows manufactures and sells custom storm windows for three-season porches. Kingbird also provides installation servi

Umnica [9.8K]

Answer:

Kingbird Windows

July 1, 2017:

Debit Cash Account $1,940

Credit Unearned Sales Revenue $1,940

To record the receipt of cash from customer.

Sept. 1, 2017:

Debit Unearned Sales Revenue $1,940

Credit Sales Revenue $1,940

To record the sale of windows.

Debit Inventory $1,050

Credit Cost of Goods Sold $1,050

To record the cost of goods sold.

Oct. 15, 2017:

Debit Cash Account $530

Credit Service Revenue $530

To record the service revenue earned for installation of windows.

Explanation:

The data state that Kingbird Window's selling price is equal to $1,940, which its customer pays in advance of performance. Therefore, this amount is taken as the sales revenue. The stand-alone price of installation is estimated to be $580, but only $530 is recorded as revenue for the installation since the difference had been captured under the actual costs.

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3 years ago

What are private property​ rights? Private property rights​ are:

What are private property rights? Private property rights are: