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Fiesta28 [93]
2 years ago
6

An earthquake destroys a major manufacturing plant that produces sneakers. the manufacturing plant for rubber, a complementary g

ood to sneakers, is unaffected by the earthquake. what is the result?
Business
1 answer:
serg [7]2 years ago
8 0
Well people would be sad but you should be able to get shoes though from other companies. It would cost more money though.
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Why would it be better to be in a partnership?
s2008m [1.1K]

Answer:

A partnership is easy and inexpensive to establish

the business benefits from pooled knowledge and skills of different partners

the workload is shared

more partners can be added,which could help increase capital

partnerships are not compelled by law to complete audits on financial statements

Explanation:

6 0
2 years ago
Read 2 more answers
On October 31, Year 1, A company general ledger shows a checking account balance of $8,445. The company’s cash receipts for the
slamgirl [31]

Answer:

Balance as per cash book                                                     $ 8,445

Adjustments to be recorded in cash book

Less: Bank Service Fees                                                        $ (  310)

Add: Note receivable                                                             $ 6,600                                                              

Add: Interest earned                                                              <u>$  1,120</u>

Adjusted cash balance                                                       <u>$ 15,855</u>

Balance as per bank statement                                           $ 12,895

Add: Deposits in transit ( $ 74,640 - $ 71,375)                    $  3,265        

Less: Unpresented cheques ( $ 72515- 71270)                   $ (1,245)

Add: Correction of error                                                        <u>$    940</u>

Adjusted bank balance                                                        $ 15,855

Explanation:

For cash book, the adjustments that have to be recorded are the bank service fees, collection of notes and interest.

For bank statements, the adjustments that have to be recorded are the deposits in transits ( collections not deposited). unpresented cheques ( cheques issued but not presented) and the correction of the wrong entry.

3 0
3 years ago
Sealed Bidding is appropriate when discussion/negotiations are required to determine price and delivery terms?
denpristay [2]

Answer:

B. False

Explanation:

In a sealed bidding, bidders have no opportunity to discuss/negotiate. They just present an offer adjusted to the terms of the requirer of the good or service that is submitted to bidding.

4 0
2 years ago
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p
adoni [48]

Answer:

Production 830,000

Explanation:

$$Beginning Inventory + Purchase = Ending Inventory + COGS

- FG(units)

Beginning 31,000

Ending 81,000

Sales 780,000

Production 830,000

<em>sales + ending - beginning = production</em>

<em />

We are asked for the finished good units to produce.

The raw materials are irrelevant in this question.

4 0
2 years ago
What would the new equilibrium price of tutoring services be if carlos decided to stop tutoring?
wariber [46]
Given the table below

\begin{tabular}&#10;{|p {1cm}|p {1.4cm}|p {1.4cm}|p {1.5cm}|p {1.4cm}|p {1.4cm}|}&#10;{Price per hour&Quantity Supplied by Ann&Quantity Supplied by Bob&Quantity Supplied by Carlos&Market Quantity Supplied&Market Quantity Demanded\\[1ex]&#10;\$50&94&35&19&148&5\\&#10;45&93&33&14&140&8\\&#10;40&90&30&10&130&11\\&#10;35&81&27&6&114&16\\&#10;30&68&20&2&90&22\\&#10;25&50&12&0&62&30\\&#10;20&32&7&0&39&39\\&#10;15&20&0&0&20&47\\&#10;10&10&0&0&10&57&#10;\end{tabular}

From the table it can be seen that at the price of $20, the quantity supplied is equal to the quantity demanded equal to 39.

Also notice that at that price, Carlos is not supplying any service.

Therefore, the equilibruim price <span>of tutoring services be if Carlos decided to stop tutoring is $20.</span>
4 0
2 years ago
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