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Aleks [24]
3 years ago
9

At nick's bakery, the cost to make homemade chocolate cake is $3 per cake. as a result of selling three cakes, nick experiences

a producer surplus in the amount of $19.50. nick must be selling his cakes for
Business
1 answer:
Kazeer [188]3 years ago
3 0
Producer surplus is the difference between the amount a producer of a good receives and the minimum amount the producer is willing to accept for the good.

Cost to make 1 cake= $3

FIND SURPLUS PER CAKE
Surplus divided by 3 cakes
$19.50 ÷ 3= $6.50 surplus per cake

SALE PRICE OF CAKES
$3 cost + $6.50 surplus= $9.50

ANSWER: He must be selling his cakes for $9.50.

Hope this helps! :)
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Patricia, a professional gambler, had the following income and expenses in her business: Gambling winnings$275,000Expenses Fees
Yuliya22 [10]

Answer:

C. $258,000.

Explanation:

The computation of the net income reported is shown below:

= Gambling winnings - Travel costs - Office expenses - Supplies - Business long-distance phone charges

= $275,000 - $8,000 - $5,000 - $3,000 - $1,000

= $258,000

For computing this we ignored the illegal cost related to the illegal parking and the illegal information

5 0
3 years ago
________ are certificates that save buyers money while they purchase specified products.
DedPeter [7]
Hey there,
The answer is coupons.

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8 0
3 years ago
Consider the metaphor used in the article differentiating managerial and leadership roles (average managers play checkers, great
Jobisdone [24]

Answer:

Following are the solution to this question:

Explanation:

The metaphor of gambling, chess, and rallying related only to the degree of growing complexity and significance of different roles. In typical management needs and allocates capital, so named players. A senior executive not just uses the resource and also serves as a key motivator for both the company's so-called chess-making goals. Its successful leaders, however, not just to lead to accomplishing organizational targets, and also motivate individuals to serve a better future, and people are advised to rally to the metaphor is therefore said to have been accurate and is focused on the various positions and levels performed by the organization, thus distinguishing roles.

5 0
3 years ago
Last year Ann Arbor Corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 3
mezya [45]

Answer:

13.42%

Explanation:

The computation of return on equity is shown below:-

Debt = Assets × ( Debt to assets ratio)

$155,000 × 37.5%

= $58,125

Equity = Total Assets - Debt

= $155,000 - $58,125

= $96,875

Old Return on equity = Old Net Income ÷ Equity

=$20,000 ÷ $96,875

= 20.64%

New Return on equity = New Net Income ÷ Equity

= $33,000 ÷ $96,875

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Increased in Return on equity = New Return on equity - Old Return on equity

= 34.06% - 20.64%

= 13.42%

8 0
3 years ago
Petty cash is disbursed by Manuela Luisina in the Cashier's Office. Manuela also maintains records of disbursements, places requ
zhenek [66]

Answer: Ineffective

Explanation:

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Manuela Luisina is handling so much at Petty cash which makes the segregation of duties ineffective

6 0
3 years ago
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