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3 years ago

Competition affects prices, but does not have any other effects. True False

Business

2 answers:

Nataly_w [17]3 years ago

7 0

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Deffense [45]3 years ago

7 0

The answer would be false.

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Durable goods $3,000

mixer [17]

Answer:

c. $11,450

Explanation:

GDP = Consumption (C) + Investment (I) + Government Expenditure (G) + Net Export (NX)

GDP = [Non durable goods+Durable goods+Services] + [Fixed investment+Inventory investment] + Government purchase + [Export-Import]

GDP = [$700+$3000+$6000] + [$850+$200] + $900 + [$600-$800]

GDP = $9700 + $1050 + $900 - $200

GDP = $11,450

6 0

3 years ago

Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of

goldenfox [79]

Answer:

a) Ponzi Products

Income statement

For quarters 1, 2, 3 and 4 of year 202x

Q1 Q2 Q3 Q4

Sales revenue $0 $550 $600 $0

COGS $0 $500 $500 $0

Operating income $0 $50 $100 $0

Since no products are sold during the first and fourth quarter, their respective revenues, COGS and operating income is $0.

b) Ponzi Products

Schedule of Expected Cash Receipts

For quarters 1, 2, 3 and 4 of year 202x

Q1 Q2 Q3 Q4

Sales revenue $0 $0 $550 $600

Cost of goods man. ($1,000) $0 $0 $0

Net cash receipts ($1,000) $0 $550 $600

c) This question is incomplete, it should say what is Ponzi's net working capital for each quarter?

NWC = current assets - current liabilities

NWC Q1 = $1,000 (Merchandise inventory account, no liabilities)

NWC Q2 = $500 (Merchandise inventory account, no liabilities)

NWC Q3 = $550 (Cash account, no liabilities)

NWC Q4 = $1,150 (Cash account, no liabilities)

6 0

3 years ago

Lavallee Self Storage purchased land, paying $ 160 comma 000 cash as a down payment and signing a $ 145 comma 000 note payable

Andrews [41]

Answer:

Land 373,500

Building 1,100,000

land improvements 67,000

Fence 55,000

Sign 12,000

Explanation:

Land cost:

cash 160,000

note payable 145,000

delinquent property tax 4,000

insurance costing 1,500

level the land 3,000

soil 60,000

Total land: 373,500

The land will be recorded for all the cost necessary to get it ready for use.

The soil, once added can't be differentiate from the original land. It is added to the land is not an improvement.

The office building will be for 1,100,000

land improvements will be the fence and signs:

fence 55,000

sign 12,000

total 67,000

3 0

3 years ago

7. Which situation indicates a mixed economy?

STatiana [176]

Answer:

C Services are provided by both private and public sectors.

Explanation:

In a mixed economy, the private sector has the freedom to participate in economic activities, although the government has a role to play. A mixed economy allows the private sector to own the factors of production hence are free to decide what business they wish to run. Consumers have the liberty to select their suppliers. There is competition in the market place as profits motivate entrepreneurs.

The government is involved in the provision of public goods such as roads, hospitals, and schools. It provides regulatory services to the private sector to ensure fairness in the economy.

5 0

3 years ago

If the interest earned by a CD is compounded annually, which rule is most accurate when calculating how long it will take the mo

Gennadij [26K]

B.) Rule of 72; just had this question on Apex and was trying to find the answer but guessed since I couldn’t find it. Posting to save a life!

5 0

3 years ago

Read 2 more answers