1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataly [62]
3 years ago
5

Another name for economic resources is?

Business
2 answers:
AlladinOne [14]3 years ago
7 0

Answer:

As far is I know, the anwser is B

vitfil [10]3 years ago
7 0
A. Factors of production
You might be interested in
All of the following are examples of a business transaction except Select an answer and submit. For keyboard navigation, use the
Simora [160]

Answer:

a A. Thomas invests $2,000 in her business.

DOES NOT QUALIFY AS A BUSINESS TRANSACTION, THIS QUALIFIES AS AN INVESTMENT TRANSACTION

Explanation:

Business transactions must involve two distinct parties, and must result in the exchange of goods or services. Thomas invested on he business, and that is considered an investment transaction, not a business transaction.

b A. Thomas purchases a computer system on account to be used in her business. QUALIFIES AS BUSINESS TRANSACTION, INCREASES ASSETS AND LIABILITIES

c A. Thomas gives an $800 quote to a potential client for services requested.

QUALIFIES AS BUSINESS TRANSACTION, INCREASES REVENUE AND INCOME

d A. Thomas writes check 1002 out of the business checking account to pay the first month's rent on the space her business is leasing. QUALIFIES AS BUSINESS TRANSACTION, INCREASES EXPENSES AND REDUCES INCOME

8 0
3 years ago
Read 2 more answers
On July 1, 2019, Pharoah Company purchased new equipment for $80,000. Its estimated useful life was 8 years with a $16,000 salva
Fantom [35]

Answer:

journal entry to record depreciation on December 31, 2019 is

Debit Depreciation $8,000

Credit Accumulated Depreciation $8,000

journal entry to record depreciation on December 31, 2022.

Debit Depreciation $5,000

Credit Accumulated Depreciation $5,000

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.

It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset

Mathematically,  

Depreciation = (Cost - Salvage value)/Estimated useful life

Annual depreciation = (80000 - 16000)/8

= $8,000

Between July 1, 2019 and January 1 , 2022 is 2.5 years

Carrying amount of asset = $80,000 - 2.5($8,000)

= $60,000

If the company estimated the remaining useful life to be 10 years beyond December 31, 2022 and the salvage value is estimated to be $5,000, then

Depreciation = ($60,000 - $5,000)/11

= $5,000

8 0
3 years ago
Read 2 more answers
Consider a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the b
Eduardwww [97]

Answer:

Explanation:

a.) Inventory turnover = Cost of goods sold / Inventory

Cost of goods sold= $25mill.

Inventory = $2mill.

Therefore, Inventory turnover= 25/2 = 50

b.) Weeks of supply held =( Inventory / Cost of goods sold) *52

**It's multiplied by 52 since there are 52 weeks in a year.

Weeks of supply held = (2 / 25) *52 = 4.16 weeks

8 0
3 years ago
There are 2 different methods for obtaining data in field research, asking questions and:
alexdok [17]
The field research is type of research that collects  <span>data outside of an experimental setting (in natural settings) and </span>tends to ensure the observations are more valid. <span>
There are 2 different methods for obtaining data in field research, asking questions and </span>making direct observation. The direct observation are made in natural settings or environment. 
3 0
3 years ago
Macy Corporation's relevant range of activity is 8,100 units to 16,500 units. When it produces and sells 12,300 units, its avera
Bingel [31]

Answer:

Contribution margin per unit = $18.55

Explanation:

Contribution margin = Net sales value - Variable cost per unit.

Variable cost per unit will be same as that of average variable cost, as is completely proportional to number of units.

Variable cost is 100% avoidable for the units not produced.

Thus,

Total Variable cost per unit shall be:

Direct material = $5.50

Direct Labor = $3.95

Variable manufacturing overhead = $1.95

Sales Commission = $1.20

Variable administrative expense = $0.85

Total variable cost = $13.45

Selling price per unit = $32.00

Therefore, contribution margin per unit = $32 - $13.45 = $18.55

6 0
3 years ago
Other questions:
  • The two most common compensation methods for teams are:
    6·1 answer
  • Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual i
    13·1 answer
  • [30 PTS + BRAINLIEST]
    9·2 answers
  • Betty's job entails detecting problems such as embezzlement, waste, mismanagement, and employee theft at her organization. in th
    10·1 answer
  • he following information was drawn from the accounting records of Chapin Company. On January 1, Year 1, Chapin paid $56,000 cash
    6·1 answer
  • When a partnership is liquidated, the journal entry to pay the claims of creditors would include a debit to
    6·1 answer
  • 4. Which profession helps to make certain the workplace is safe? What do people in this profession do?
    12·2 answers
  • Why Estonia is so highly technologically advanced country?​
    9·1 answer
  • If the quantity demanded of a good does not change much when the price change, the good is relatively
    7·1 answer
  • This is homework form me a teacher have you drawn a cool awesome drawling
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!