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Bezzdna [24]
3 years ago
5

Miracle Mobile Devices, Inc., is a private, for-profit corporation that

Business
1 answer:
photoshop1234 [79]3 years ago
8 0

Answer:

B. A close corporation

Explanation:

Based on the information provided within the question it can be said that Miracle Mobile Devices Inc. is a closed corporation. This term refers to company that is not a public corporation and does not surpass a predefined number of shareholders or stakeholders. Which both statements 2 and 4 defend this declaration.

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Which of the following items should be included in a company's inventory at the balance sheet date? A) Goods sold to a customer
Nikitich [7]

Answer:

The correct answer is C.

Explanation:

In the inventory of a company, when it is on the balance sheet date, goods in transit purchased at an f.o.b. shipping point must be included.

Goods in transit are goods that are not physically in the warehouse but have already been paid for by the company. This already acquired merchandise is property of the company, only that its arrival is only waited for to the deposit.

Have a nice day!

8 0
3 years ago
Read 2 more answers
John spent $50.00 at a carnival on food and tickets. He purchased $15.50 in food and bought 25 tickets. How much did each ticket
ira [324]
50 - 15,5 = 34,5

34,5/25= $1,38 per ticket
8 0
3 years ago
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The major consideration of whether something can serve as money is that it must be
sashaice [31]
<span>Payments vary in forms from country to country and place to place. What can serve as money, basically, must be something that is considered an acceptable means of payment. It must be something that can be considered valuable in a barter or trade for the receiving party.</span>
7 0
3 years ago
The economic definition of money​ is:_________
SVEN [57.7K]

Answer:

The correct answer is option A.

Explanation:

Money can be defined as an object that is widely used as a medium of exchange in economic transactions. The primary function of money is to act as a medium of exchange for goods and services.

Other than that money also performs a number of secondary functions. It acts as a store of value, unit of account and standard of deferred payments.

Money can be of different types such as commodity money, bank money, and fiat money.

5 0
3 years ago
Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are pro
SCORPION-xisa [38]

Answer:

4,513 approx.

Explanation:

The computation of the minimum number of jars of silver polish is shown below:-

Sales revenue for one jar of silver polish    $5.60

Sales revenue for 1/4 pound of Grit 337     0.85

($3.40 ×  1 ÷ 4)

Incremental revenue from

further processing                                        $4.75

($5.60 - 0.85)

Incremental costs of further processing:

Processing costs                      $2.40

Selling costs                              $0.40          $2.80

Incremental contribution

margin from further

processing into silver polish

per jar                                                            $1.95

($4.75 - $2.80)

Point of indifference denotes the point where all options are equally profitable. But after that we will see that more processing is profitable. This is due to the fixed costs involved in further production.

Thus Minimum number of jars needed to produce to justify the further processing = Avoidable Fixed cost ÷ Incremental contribution

= $8,800 ÷ $1.95

= 4,513 approx.

8 0
3 years ago
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