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Natasha2012 [34]
3 years ago
6

PLEASE HELP! HURRY!

Business
1 answer:
Marizza181 [45]3 years ago
6 0

Capital gain is a rise in the value of a capital asset that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short-term or long-term and must be claimed on income taxes.

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Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $350 and has a unit cont
grandymaker [24]

Answer:

Break-even point in composite units = 811 units

Explanation:

Number of modal;

5 Youth models

9 Adult models

6 Recreational models

Annual fixed costs total = $6,550,000

Find:

Break-even point in composite units

Computation:

Mixed contribution margin = 5[130] + 9[475] + 6[525]

Mixed contribution margin = 650 + 4275 + 3150

Mixed contribution margin = $8075

Break-even point in composite units = Annual fixed costs total / Mixed contribution margin

Break-even point in composite units = 6,550,000 / 8075

Break-even point in composite units = 811 units

3 0
3 years ago
Alphabet Company, which uses the periodic inventory method, purchases different letters for resale. Alphabet had no beginning in
Slav-nsk [51]

Answer: $51

Explanation:

A, B, C, D, E, F, G were purchased for $2.50 per letter which means they cost;

= 7 * 2.50

= $17.50

H to L were purchased at $4.50 per letter which means they cost;

= 5 * 4.5

= $22.50

M to R were purchased at $5.50;

= 6 * 5.5

= $33

Total inventory cost = 17.50 + 22.50 + 33 = $73

Inventory sold = 2.5 + 2.5 + 2.5 + 4.5 + 4.5 + 5.5

= $22

Ending Inventory = Total inventory - inventory sold

= 73 - 22

= $51

8 0
3 years ago
You are a manager for a monopolistically competitive firm. From experience, the profit-maximizing level of output of your firm i
Paraphin [41]

Answer:

hi your question lacks the required options here is the complete question and options

You are a manager for a monopolistically competitive firm. From experience, the profit-maximizing level of output of your firm is 100 units. However, it is expected that prices of other close substitutes will fall in the near future. How should you adjust your level of production in response to this change

a. Produce less than 100 units

b. Insufficient information to decide

c. Produce 100 units

d. Produce more than 100 units

Answer : Produce less than 100 units

Explanation:

A monopolistic firm is a firm that has the sole responsibility or sole ownership of the right of production of certain goods and services. and such products are profit maximizing products because the demand for the products determines the price in the market and also the products are produced at marginal cost equaling its marginal revenue.

From experience when the prices of the close substitutes of the product fall the demand for the product will decrease hence its market price will fall therefore it is wise to produce less than the usual 100 units to still maximize profit.

5 0
4 years ago
"he company’s beginning cash balance was $90 and its ending balance was $85. Required: 1. Use the indirect method to determine t
Nimfa-mama [501]

Answer:

1. Net cash provided by operating activities for the year = $130

2. Ending cash balance = $85

Explanation:

Note: This question is not complete. A complete question is therefore provided before answering the question. See the attached pdf file for the complete question.

The explanation to the answer is now provided as follows:

1. Use the indirect method to determine the net cash provided by operating activities for the year.

Note: See the part 1 of the attached excel file for the calculation of the net cash provided by operating activities for the year.

Note: See the part 1 of the attached excel file for the calculation of the net cash provided by operating activities for the year.

Cash flows from operating activities refers to the section of the cash flow statement that shows the cash generated and provided by the ongoing regular business activities of a company in a particular period. Cash flows from operating activities normally comprise of net income from the income statement, adjustments to net income as well as changes in working capital.

2. Prepare a statement of cash flows for the year.

Note: See the part 1 of the attached excel file for the statement of cash flows for the year.

Statement of cash flow refers to the financial statement that presents the effect of changes in balance sheet accounts and income on cash and cash equivalents by breaking it down to operating, investing, and financing activities.

Download xlsx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
4 0
4 years ago
In its 2019 budget, a city authorized expenditures of $40,000 for replacing police patrolmen's uniforms with more modern, functi
Shtirlitz [24]

Answer:

Fund: General Fund,

Function/Program: Public Safety,

Organizational Unit: Police Department,

Activity: Patrol services,

Object: Uniforms

Explanation:

Fund: General Fund,

Function/Program: Public Safety,

Organizational Unit: Police Department,

Activity: Patrol services,

Object: Uniforms

5 0
4 years ago
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