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3 years ago

The two main characteristics of a public good are

Business

1 answer:

solniwko [45]3 years ago

7 0

Answer:

Explanation:

Nonrivalry:

This simply means that when a good is produced and consumed by the consumers, it does not lower the quantity available for other consumers. It's supply is not affected by other people's consumption.

Nonexcludability:

This means that when a good is produced, it is not possible to stop others from using or benefiting from it. The good is always available to all.

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At December 31, 2020, the following information was available from Pharoah Co.'s accounting records:

Liono4ka [1.6K]

Answer:

Pharoah's inventory at December 31, 2020 was $81,120. The right answer is a.

Explanation:

In order to calculate Pharoah's inventory at December 31, 2020 we would have to calculate the following formula:

Ending inventory at cost=Ending inventory at retail*Cost to Retail ratio

Cost to Retail ratio=$772,000 ÷ $1,184,000

Cost to Retail ratio= 0.65

Ending inventory at retail=($1,184,000 – $9,200 – $1,050,000)

Ending inventory at retail=$124,800

Therefore, Ending inventory at cost=$124,800× 0.65

Ending inventory at cost=$81,120

Pharoah's inventory at December 31, 2020 was $81,120

3 0

4 years ago

eborah, a lawyer for a minor-league hockey team, is negotiating a contract between the team and its new practice stadium. The co

Marizza181 [45]

Answer:

Add an integration clause to the contract.

Explanation:

7 0

3 years ago

Jasmine Smith owns a condo worth $240,000, a car valued at $25,000, and miscellaneous assets worth $7,500. She owes $185,000 on

Amanda [17]

Answer:

The net worth is $100,000

Explanation:

The computation of net worth is shown below:

Net worth = Total assets - total liabilities

where,

Total assets = Condo + car + miscellaneous assets + mutual funds

= $240,000 + $25,000 + $7,500 + $27,500

= $300,000

And, the total liabilities equal to

= Owning a condo + car owned

= $185,000 + $15,000

= $200,000

Now put these values to the above formula

So, the answer would be equal to

= $300,000 - $200,000

= $100,000

The term life insurance policy is neither an asset nor a liability, so it would be not be considered in the computation part.

7 0

4 years ago

Suppose that a small company that makes a standardized product is experiencing an increase in sales even though it has a small g

elena-s [515]

Answer: b. a centralized functional structure

Explanation:

Cost Leadership refers to a situation where a company is better at cost management that other companies in the industry. If a company can produce at a lower cost, they can capture more market share and be more profitable.

When a company wants to engage in cost Leadership one of the best structures to adopt is the Centralised functional structure. This is when decisions are usually made at a top management level in a company that is divided by functions such as Information Technology, Sales, Marketing etc.

By making the structure centralised, the company can make Standardised products on a company wide basis which is very effective in cost saving as the company is able to plan better and spend less because they will be <em>buying resources and producing in bulk</em>. That advantage from Economies of Scale will keep their costs low.

8 0

3 years ago

Omicore Softworks, a software development firm, undertook a project that involved developing a bespoke accounting software for a

kupik [55]

Answer:

J-shaped curve

Explanation:

Project life cycle is the cycle or the phase, where the project goes or dealt with the initiation to its closure. In short, it can be defined and modified as per the aspects and the needs or requirements of the company.

J- shaped curve, is the curve which has the life cycle curve, that is convex to the baseline at the finish or end of the life of the project. And the curves runs or move parallel to the y axis.

Under this situation, the scenario of the project is J-shaped curve.

6 0

3 years ago