Ask question

Ask question

All categories

3 years ago

8

A small neighborhood barber shop that is operated by its owner would likely be organized as a partnership. corporation. propriet

orship. joint venture.

2 answers:

svlad2 [7]3 years ago

8 0

PROPRIETOSHIP AND JOINT VENTURE

irga5000 [103]3 years ago

6 0

<span>A small neighborhood barber shop that is operated by its owner would likely be organized as a PROPRIETORSHIP. </span>

You might be interested in

Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. the amount of interest that jasper will collect on the loan is:

scZoUnD [109]

This a simple interest question with the principal = $25,000 time = 90 days and rate = 7%.
The simple interest in an investment after t days is given by PRT / (100 x 360). where P = $25,000 R = 7% and T = 90

S.I = (25000 x 7 x 90) / (360 x 100) = 15750000 / 36000 = 437.5

Therefore, the amount of interest Jasper will collect is $437.50

5 0

3 years ago

A factory costs $400,000. It will produce an inflow after operating costs of $100 000 in year 1. $ 200,000 in year 2, and $ 300,

Delvig [45]

Answer:

NPV = $62,258.56

Explanation:

initial outlay year 0 = $400,000

cash inflow year 1 = $100,000

cash inflow year 2 = $200,000

cash inflow year 3 = $300,000

discount rate = 12%

using a financial calculator, NPV = $62,258.56

if you do it by hand:

NPV = -$400,000 + $100,000/1.12 + $200,000/1.12² + $300,000/1.12³ = -$400,000 + $89,285.71 + $159,438.78 + $213,534.07 = $62,258.56

3 0

3 years ago

Suppose you are a manager of a firm that operates in a duopoly. Recently, the state attorney general fined you and your competit

postnew [5]

Answer and Explanation:

When there is price fixing between two competitors, if one competitor chooses to fix the price it should not exceed competutors marginal cost and should be above his marginal cost.

Since the price fixing of $10 will be fined then the ideal price to maximize the profit would be below the competitors price $ and above his marginal cost $.

The ideak price to maximize profits would be (competitors price $ + his marginal cost $)/2, This price would be above his marginal cost and below competitors price.

3 0

3 years ago

Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction fo

Soloha48 [4]

Answer:

the numbers are missing, so I looked for a similar question:

Investment in the business $17,010
Borrow cash $7,620
Purchase equipment $8,300
Revenues earned $298,600
Expenses incurred $210,900
Dividends $15,000

since there is not enough room here, I used an excel spreadsheet. I assumed all sales were on cash and all expenses were also paid using cash.

8 0

3 years ago

if variable cost increases by $1/unit, advertising cost increases by $1,500, and units sales increase by 250, what would be the

stira [4]

Revised Sales revenue (1,000 + 150 units = 1,150 * $35) $40,250

Less: Reised Variable costs ($21 + $1 = $22 * 1,150) ($25,300)

Revised Contribution Margin $14,950

Less: Revised Fixed costs ($8,400 + $1,250) ($9,650)

Net operating income $5,300

Fixed costs remain the same for a period of time. Variable costs increase or decrease depending on the performance of the company. Examples of fixed costs are rent, taxes, and insurance premiums.

Variable costs are costs that change with changes in quantity. Examples of variable costs include raw materials, parts labor, production materials, handling charges, shipping charges, packaging materials, and credit card fees. In some fiscal documents, the variable cost of production is called the "cost of goods sold."

Learn more about Variable costs at

brainly.com/question/5965421

#SPJ4

4 0

1 year ago