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Novay_Z [31]
4 years ago
10

John opens a furniture company and decides to specialize in custom furniture for medical professionals. Which economic question

does medical professionals answer?
Business
1 answer:
Inessa [10]4 years ago
6 0
It answers for whom the product will be made for. I'd love a thanks and brainliest answer!
You might be interested in
Ula purchased stock in Purple, Inc., six years ago for $150,000. Purple has assets with a value of $225,000 ($175,000 basis) and
elena55 [62]

Answer:

$15,000 gain

Explanation:

Assets with a value of $225,000

Remaining asset (cash) to Ula ($25,000)

Purple liabilities ($60,000)

Balance $140,000

Balance Brought forward $140,000

Remaining asset (cash) to Ula $25,000

Ula purchased stock ($150,000)

Balance $15,000 gain

Or

$225,000-$25,000-$60,000=$140,000+$25,000-$150,000=$15,000 gain

Therefore we have $15,000 gain.

3 0
3 years ago
Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Selected Year-End Balanc
NemiM [27]

Answer:

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net loss                                                                                   -$16,000

Adjustment made:

Add : Depreciation expense $14,600

Add: Decrease in accounts receivable $24,000  

Add: Increase in salaries payable $18,000

Less: Decrease in accrued liabilities -$8,000

Total of Adjustments $48,600

Net Cash flow from Operating activities                                $32,600

4 0
3 years ago
Which of the following statements regarding a firm’s optimal capital structure are true? Check all that apply. The optimal capit
Reptile [31]

Answer:

The optimal capital structure minimizes the firm's weighted average cost of capital.

Explanation:

The ideal capital structure of a company refers to the number of shares in the capital of the company itself and partners in the total capital invested so that that company could exist, thus leading to the minimum possible cost of capital, resulting in an allocation efficient capital. This term can be defined as a structure that is directly related to a degree of business risk and the existence of tax taxes on interest on debts.

In summary, the ideal capital structure minimizes the company's weighted average cost of capital.

7 0
3 years ago
Mary Willis is the advertising manager for Sheffield Shoe Store. She is currently working on a major promotional campaign. Her i
Setler [38]

Answer:

If Mary's idea is implemented the break-even point would increase from 16,000 units to 21,800 units

Explanation:

<em>The break-even point is the level of activity where a business makes no profit or loss. At this level of activity, the total contribution equals the total fixed costs. </em>

<em>To calculate the break even point in units, we use the formula below: </em>

<em>Break-even point = Fixed cost for the period / selling price - variable cost</em>

Current break-even point = 128,000/(20-12)

                                      = 16,000  units

With Mary's idea, the break-even point will be

New break-even point = ( 128,000+ 24600)/(19-12)

                                    = 21,800  units

If Mary's idea is implemented the break-even point would increase from 16,000 units to 21,800 units

8 0
3 years ago
The function of accounting includes analyzing, recording, classifying, summarizing, reporting, strategic management and environm
Arlecino [84]
I'm assuming you want to talk about accountants, that is a practitioner of accounting or accountancy. They do disclosure or provision of assurance about financial information. This in turn helps managers, investors, tax authorities and others make decisions about allocating resource.
In the US licensed accountants are Certified Public Accountants (CPAs), or Public Accountants (PAs), this varies from state to state.
6 0
3 years ago
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