1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dexar [7]
3 years ago
10

Suppose your favorite sports team is losing by an insurmountable score. What does the shutdown condition suggest the team should

do
Business
1 answer:
alex41 [277]3 years ago
7 0

Answer and explanation:

In Economics, the shutdown conditions refer to the situation in which a company is not able to produce profits to at least cover the variable costs of production in the short term. According to this approach, only when those costs can be covered the company should continue to operate. Otherwise, the firm must shutdown.

In that case, if a team is losing by a score that cannot be surmountable, according to the shutdown condition the team must stop playing the game.

You might be interested in
Mellon Corporation The data presented below is Mellon Corporation for the year ended December 31, 2015: Sales (100% on credit) $
kaheart [24]

Answer:

The bad debts expense for 2015 would be $ 28,000

Explanation:

The balance of the allowance for doubtful account should be equal to the amount estimated to be uncollectible based on the ageing analysis

Estimated uncollectible account                                                 $ 31,000

Allowance for doubtful accounts prior to adjustment               <u>$   3,000</u>

Bad debts expense for the year to be recorded                    <u> $ 28,000</u>

The accounting entry to record this is as follows:

Bad debts expense                                          Debit               $ 28,000

Allowance for uncollectible accounts            Credit                               $ 28,000

4 0
3 years ago
In the tiered architecture, the erp application is stored on the ________ tier
MissTica

The erp application is stored on the business logic tier in tiered architecture.

<h3>What is an erp application?</h3>

Also called a Enterprise resource planning software, involves the use of software, technologies and systems  to manage and integrate their core business processes.

As the tiered architecture is concerned, the erp application is stored on the business logic tier.

Read more about erp application

<em>brainly.com/question/14635097</em>

#SPJ12

6 0
2 years ago
Concord Corporation has gathered the following information concerning one model of shoe: Variable manufacturing costs $30000 Var
avanturin [10]

Answer:

Option (c) is correct.

Explanation:

Variable manufacturing costs = $30000

Variable selling and administrative costs = $14000

Fixed manufacturing costs = $160000

Fixed selling and administrative costs = $120000

Investment = $1700000

ROI = 50%

Planned production and sales = 5000 pairs

ROI = Investment Value × ROI Rate

       = $1,700,000 × 50%

       = $850,000

Desired ROI per Pair of Shoes :-

= ROI ÷ Planned production and sales

= $850,000 ÷ 5000  pairs

= $170

3 0
3 years ago
Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports G
BigorU [14]

Answer:

b. $19500000.

Explanation:

Break-even point is the level of sales on which business has no profit no loss situation. The business only covers the variable and fixed cost at this point.

Total Contribution can be determined by calculating adding estimated contribution of each division.

Total Contribution ratio = (65% x 30%) + (35% x 50%) = 19.5% + 17.5% = 37%

Fixed cost = $7,215,000

Break-even point = Fixed cost / Contribution margin ratio = $7,215,000 / 37% = $19,500,000

7 0
3 years ago
Read 2 more answers
All of the following actions by a custodian in an account opened under the Uniform Gifts to Minors Act are permitted except:____
love history [14]

Answer: B. withdrawing funds from the account for the custodian's use

Explanation:

Under the Uniform Gifts to Minors Act, the Custodian's duty is to manage the account for the minor and allocate the assets within in such a way that it will bring about the best returns for the minor.

Custodians should not abuse this power for their own benefit or gain which is why the custodian withdrawing funds from the account for their own use is a violation of the act.

4 0
3 years ago
Other questions:
  • The net income reported on the income statement for the current year was $275,000. Depreciation recorded on fixed assets and amo
    7·1 answer
  • Andrew is the prom committee chairman. He is on-site at the prom to make sure all vendors show up at the event and all vendors'
    12·1 answer
  • Mcmurtry Corporation sells a product for $280 per unit. The product's current sales are 13,900 units and its break-even sales ar
    12·1 answer
  • JKL Insurance Company estimates that 14 out of every 100 homeowners it insures will file a claim each year. Last year, JKL insur
    8·1 answer
  • Which statement defines externality?
    15·1 answer
  • Sue and Andrew form SA general partnership. Each person receives an equal interest in the newly created partnership. Sue contrib
    11·1 answer
  • Explain why it would not be unusual to observe an individual who earns more than​ $100,000, but it would be highly unusual to ob
    9·1 answer
  • Jane learned that, although she and June were both hired as part-time salesclerks at the same time and have similar backgrounds,
    6·1 answer
  • Types of Financial Assets Match the description of the security to the type of financial asset. A security that provides a payof
    14·1 answer
  • Specify which fundamental security design principle applies to the control recommendations?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!