The right answer for the question that is being asked and shown above is that: "d. Grocery store receipt." an example of a document that needs to be saved for financial planning is that of a Grocery store receipt.<span>
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Answer:
$664,000
Explanation:
The computation of the budgeted total manufacturing cost is shown below:
Budgeted total manufacturing costs is
= Fixed cost + Variable cost
= $24,000 + ($16 × 40,000 linear feet of block)
= $24,000 + $640,000
= $664,000
We simply added the fixed cost and the variable cost so that the total budgeted manufacturing cost could come
The correct answer for the question that is being presented above is this one: "a) $11." The costs of production of a perfectly competitive soybean farmer are given in the table. The shut-down price for this firm is $11.
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The correct answer for the question that is being presented above is this one: "</span>a) establishing control over diamond mines." De Beers became a monopoly by <span>establishing control over diamond mines</span>
Options:
0.98
1.03
9.28
9.06
Answer:
<u>Correct answer is A 0.98</u>
Explanation:
Total asset turnover = Sales / Average total assets.
Sales = $ 1390000 (Given in the question)
Average total assets = (1446000 + 1404000) / 2
= $ 1425000.
Accordingly, Total asset turnover of company for the Year 2
= 1390000 / 1425000
= 0.98 (Option A)
Answer:
Corporation
Explanation:
A corporation is the type of business ownership where the owners and the business are regarded as separate and distinct entities. In their formation, corporations have limited liability feature. Limited liabilities distinguishes the assets of the corporations from those of the owners.
When duly registered, a corporation acquires the right to own property, enter into commercial contracts, sue or be sued. In other words, a corporation becomes a legal business person. There various types of a corporation such as S corporation and C corporation. Limited liability companies may also be regarded as corporations as they have the limited liability feature.