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3 years ago

1. What is another name for opportunity cost

Business

2 answers:

blsea [12.9K]3 years ago

5 0

Answer: Opputtinity cost - cost fixed

Explanation:

Nonamiya [84]3 years ago

3 0

1. Another name for opportunity cost is FORGONE ALTERNATIVE

2. Unlike the capitalist economy that the market determines the prices of a commodity, the central planning authority determines prices in a socialist economy

3. Money cost the the cost of acquiring an item with available cash, while Real cost is the overall actual expense(money, time, labour) involved in acquiring an item.

4. Capitalist economy

5. Arrange the numbers from lowest to highest: 5 6 8 9 10.
The median is 8.

6. When a company’s securities can be traded on a stock exchange and can be bought or sold, then the business outfit is said to be a public limited liability company.

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Below are the transactions for Ute Sewing Shop for March, the first month of operations.

balandron [24]

Answer:

Explanation:

March 1

Cash 1700

Share Capital 1700

To record the issuance of shares

March 3

Equipment 1400

Cash 1400

To record the purchase of equipment on cash

March 5

Rent Expense 470

Cash 470

To record the rent expense

March 7

No entry neither cash nor serves are provided.

March 12

Purchase 117

Cash 117

To record the purchases

March 15

Cash 670

Income 670

To record the services Income.

March 19

Advance 570

Payable 570

To record the advance cash receipt for services not yet provided thus advance is our liability.

March 25

Payable 228 570/25*10

Income 228

To record the services income against advance given.

March 30

Utilities Expense 82

Cash 82

To record the monthly utilities expense

March 31

Dividend Pay 85

Cash 85

To record the payment of dividend.

Share Capital Account

Opening = 0

Cash 1700

Closing=1700

Cash Account

Opening = 0

share capital 1700 Equipment 1400

Rent 470

Purchase 117

Income 670

Adv. Pay 570

Utilities 82

Dividend 85

Closing balance- 786

Equipment

Opening = 0

Cash 1400

Closing-1400

Rent Expense

Opening = 0

Cash 470

Closing-470

Purchase Expense

Opening = 0

Cash 117

Closing-117

Income Account

Opening = 0

Cash 670

Payable 228

Closing- 898

Payable Account

Opening = 0

Cash 570

Income 282

Closing-342

Utilities Expense

Opening = 0

Cash 82

Closing-82

Dividend

Opening = 0

Cash 85

Closing-85

3) Trail Balance

Head Of Account Debit Credir

Cash 786

Share Capital 1700

Equipment 1400

Rent Expense 470

Purchases 117

Income 898

Payable 342

Utilities 82

Dividend 85

Total 2940 2940

7 0

3 years ago

Which sentence makes a logical comparison? bob's stocks are worth more than leslie's. bob's stocks are worth more than leslie. l

Naddika [18.5K]

The first one!
Bob's stocks are worth more than leslie's.

3 0

3 years ago

Read 2 more answers

PLEASE ANSWER SOON!!!!

Gwar [14]

Currency I think. It's given in exchange for an item.

4 0

3 years ago

Read 2 more answers

An employee at falcon security is studying an analysis of data regarding the occurrence of problems and failures with its drones

alexandr402 [8]

falcon security is using the analysis for decision making. Knowing when and why the problems and failures of the drones and cameras occurred will help the employees in future to make decision (better and faster detect the problem and better maintain the equipment).

6 0

3 years ago

What should an adjustment letter focus on?a. Explaining the resolution to the problem b. Preventing a recurrence of the problem

ivanzaharov [21]

Answer:

The correct answers are letters "A", "B", and "C": Explaining the resolution to the problem; Preventing a recurrence of the problem; Communicating compliance.

Explanation:

Adjustment letters are communications with legal nature from companies to customers who filed a claim. The main purpose of the letter is to politely inform the client that the claim was received, what steps were taken to analyze the situation, what is the final resolution after the study and what will be done as a result. The ultimate goal of the adjustment letter is to keep a good relationship with the customer so they can continue doing business.

8 0

3 years ago