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MissTica
3 years ago
6

Rock Solid Concrete Company does not offer customers a cash discount for early payment of their accounts receivable. As a result

, most customers wait to pay their bills on the last day before late penalties are charged. These customers apparently understand the
a. government's regulations of the chemical industry.

b. financial community's perception of equity financing.

c. benefits of tax-deductible expenses.

d. time value of money.
Business
1 answer:
Alex73 [517]3 years ago
7 0

Answer:

The correct answer is the option D: Time value of money.

Explanation:

To begin with, due to the fact that Rock Solid Concrete Company does not offer customers a cash discount for early payment then it is quite obvious that their customers will try to wait to pay their bills on the last day because in that way they will be able of having that money availabe for any issues or inconveniences that could occur during those first days, therefore that those customers apparently <u>understand the importance of time value of the money because if the pay early they will lose that cash and would not have it for any urgencies</u>.

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A new factory manager was hired for a company that was experiencing slow production rates and lower production volumes than dema
rodikova [14]

Answer:

C. unfavorable direct labor cost variance

Explanation:

The payment of cash bonuses would result in an unfavorable direct labor cost variance

. The Direct labor cost variance is unfavorable if the actual cost per hour is higher than the standard cost which in this question is as a result of bonuses charged to the direct labor budget. In other word, the factory paid more per hour of labor than what it has estimated

4 0
4 years ago
Answer the question on the basis of the demand and cost data for a pure monopolist. The profit-maximizing price for the monopoli
RSB [31]

From the information provided, the profit-maximizing level of output will be 5 units (Option C)

<h3>What is a pure monopolist?</h3>

A market structure known as a pure monopoly occurs when there is only one supplier of a product, and there are no reasonably priced alternatives. Pure monopolies are not common.

<h3>What is the explanation for the above?</h3>

When marginal cost and marginal revenue are equal, a monopolist produces that level of output (MC=MR). This is the output that maximizes profit.

If MC > MR, then the monopolist creates an output level where the most recent output costs less than it generates income.

To put it another way, the monopolist creates the final output when marginal revenue exceeds marginal cost.

Because it will cut into the monopolist's profits, the company won't produce a good where the marginal cost is higher than the marginal revenue.

Learn more about pure monopolist:
brainly.com/question/24175438
#SPJ1

Full Question:

Answer the question on the basis of the provided demand and cost data for a pure monopolist.

The profit-maximizing level of output will be

A) 4 units.

B) 7 units.

C) 5 units.

D) 6 units.

Download xlsx
7 0
2 years ago
Causes of low economic growth
Olenka [21]

Answer:

Effect on living standards. ...

Pressure on public services and government borrowing.

increase in aggregate demand (AD).

7 0
3 years ago
Read 2 more answers
A florist wishes to make bouquets of mixed spring flowers. part of each bouquet is to be tulips at $5 a bunch and part is to be
garri49 [273]
To solve the problem we are going to take into account a system of equations:
 Let:
 x = number of tulips
 y = amount of daffodils
 We have then:
 x + y = 15
 5x + 2y = 45
 Resolving we have:
 Step 1:
 Multiply equation 1 by 2
 2x + 2y = 30
 5x + 2y = 45
 Step 2: 
 subtract equation two from one:
 3x = 15
 x = 15/3 = 5
 Step 3: 
 Clear y:
 x + y = 15
 y = 15-x
 y = 15-5
 y = 10
 answer:
 she should use 5 tulips and 10 daffodils
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3 years ago
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John is a young entrepreneur. He wants to insure his business. Why does he prefer an online insurance application facility?
alexdok [17]
My choice is B) registration process is easier! <span />
5 0
3 years ago
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