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4 years ago

What is one downside to competition in a free-enterprise system?

2 answers:

6 0

You can make monopolies. You don't have to lower your prices because nobody is offering lower prices. You can sell bad stuff for high prices. But monopolies do tend to disappear.

sergejj [24]4 years ago

4 0

A) Consumers must be knowledgeable.

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Gladstone Co. has expected sales of $352,000 for the upcoming month and its monthly break even sales are $332,500. What is the m

dlinn [17]

Answer: 5.54%

Explanation:

The margin of safety as a percent of sales will be calculated as:

= (Expected sales - Break even sales) / Expected sales

= ($352000 - $332500) / $352000

= $19500 / $352000

= 0.0554

= 5.54%

3 0

3 years ago

W.C. Cycling had $55,000 in cash at the year-end 2011 and a $25,000 en cash at year end 2012. The firm invested in property, pla

alexgriva [62]

Answer:

1. c. Operating cash flow = 50,000

2. b. Net income=$115,000

Explanation:

1. The Cashflow for the year is calculated by adding the balances from the Financing, Investing and Operating Activities in the following manner;

Cash Flow for the year = Opening Balance + Operating Activities + Investing Activities + Financing Activities

Operating Activities = Cash Flow - Opening Balance - Investing Activities - Financing Activities

= 25,000 - 55,000 - (-250,000) - 170,000

= $50,000

2. Net Income is calculated from Operating Activities in the following manner;

Net Income = Operating Cashflow + Increase in Inventory - Increase in Accruals - Depreciation

= 50,000 + 100,000 - 25,000 - 10,000

= $115,000

8 0

4 years ago

Jericho’s Mediterranean Restaurant is preparing its budgeted balance sheet. The cash receipts budget indicates that net sales in

Rom4ik [11]

Answer:

$30,600

Explanation:

Accounts receivable should comprise the total amount of cash from sales during the quarter and the amount of credit sales collected during the quarter in question, so the 20% to be collected in the following quarter shouldn't be represented in this budgeted sheet. Assuming that cash and credit payments represent the totality of net sales, accounts receivable for the quarter can be represented as follows:

$AR= 36,000*0.25 + (36,000*0.75*.80)\\AR=30,600$

Jericho would report $30,600 on the budgeted balance sheet.

6 0

3 years ago

whats something i should buy from amazon maybe artsy or aesthetic stuff (like stickers or JOHNNY DEPP books ) budget: around 15-

Kryger [21]

Buy a book that teaches you more than school

5 0

3 years ago

Read 2 more answers

What's the estimated length of a wall that has 31 studs 16 inches on center?

devlian [24]

Answer:

480 inches (40 feet)

Explanation:

Studs are boards placed on walls so as to support the walls. Studs are used in framing the wall and they are vertical.

Studs are usually spaced on walls with wall framing at either 16 inches on center, 19 inches on center or 24 inches on centers.

Given that on center spacing = 16 inches, number of studs = 31

The length of the wall is given by the formula:

number of studs = (length of wall in inches / on center spacing in inches) + 1

Length of wall (inches) = (number of studs - 1) * on center spacing

hence:

Length of wall (inches) = (31 - 1) * 16 inches = 480 inches

Length of wall = 480 inches = 40 feet

8 0

3 years ago