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velikii [3]
3 years ago
5

At magnira corp., a company that manufactures fruit preserves, fruits of excellent quality are used to make jams, jellies, and m

armalades. in this scenario, the fruits are examples of _____.
Business
2 answers:
Juli2301 [7.4K]3 years ago
3 0
<span>In the example of the Magnira Corporation, the fruits are turned into jellies, jams, and marmalades an example of raw materials. Raw materials are basic, unprocessed materials that are used to manufacture goods. Raw materials are often referred to as commodities.</span>
cluponka [151]3 years ago
3 0

Answer:

The correct answer is:  raw materials.

Explanation:

Raw materials are the basic components of a finished product. They are called raw because often they are natural resources such as wood, iron or cotton. Raw materials are frequently sold in commodities exchanges. The price of raw material in the market changes as the supply and demand for that material varies.

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Consider two economic regions, region A and region B. If region A has strict union protection laws present, while region B lacks
Stolb23 [73]

Answer:

B. A higher unemployment rate

Explanation:

High union memership can increase unemployment in two ways:

  • Creating a barrier of entry because non-unionized workers can be barred from getting employed in industries with high union membership.
  • Pushing salaries above the marginal productivity of labor, especially the minimum wage, causing firms to hire less because hiring becomes more costly.

4 0
3 years ago
Based on the following data for the current year, what is the inventory turnover? Sales on account during year $700,000 Cost of
Elodia [21]

Answer:

2.7

Explanation:

The inventory turnover is defined as the ratio between the cost of merchandise sold during the year and the average inventory.

Average inventory can be defined as the mean between initial and ending inventory. The inventory turnover is:

IT=\frac{\$270,000}{\frac{\$110,000+\$90,000}{2} } \\IT=2.7

The inventory turnover ratio is 2.7.

3 0
3 years ago
Mantle Publications publishes a golf magazine for beginners interested in learning and playing golf. The magazine sells for $4.0
omeli [17]

Answer:

December:

Dr cash         $16,000

Cr subscription revenue   $16,000

Dr cash                         $216,000

Cr unearned revenue                     $216,000

January 2017:

Dr unearned revenue $18,000

Cr subscription revenue            $18,000

Explanation:

The sales of 4000 copies at the newstand means that revenue of $16,000($4*4000) has been earned in December,which means that cash would debited with $16,000 and sales revenue credited with the same amount.

In December,the subscriptions received in advance for 2017 of $216,000($36*6000) would be debited to cash and credited to unearned revenue account.

At the end of January,the unearned revenue would be debited with $18,000($216,000/12) in respect of subscription earned as a result of the Magazine been mailed to subscribers in the month,which now entitles the company to one month subscription as earned sales revenue.

3 0
3 years ago
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ValentinkaMS [17]
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3 years ago
Balance of trade summarizes
babunello [35]

Answer:

C. The flow of goods and services.

Explanation:

Balance of trade: In Economics, the balance of trade accounts for the inflow and outflow of the goods and services in in a country for a given period, it is also called the <em>balance of payment.</em>

8 0
3 years ago
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