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Anvisha [2.4K]
3 years ago
12

A term describing a firm's normal range of operating activities is: (a) Relevant range of operations. (b) Break-even level of op

erations. (c) Margin of safety of operations.
Business
1 answer:
OLga [1]3 years ago
7 0

Answer:

A firm's normal range of operating activities is relevant range of operations.

Explanation:

Relevant range of operations can be described simply as a firm or company's expected range of activities without any extreme economic conditions. It is the range where the firm operates in normal conditions. Within this range the firm's operations run smoothly. Outside this range revenue and expenditure may fluctuate from what was expected.

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An accountant has debited an asset account for $1,300 and credited a liability account for $500. Which of the following would be
Genrish500 [490]

Answer:

D. Debit a Stockholders' account for $800

Explanation:

In this question we use the accounting equation i.e shown below:

Total assets = Total liabilities + Total stockholder equity

where,

Debited Total assets = $1,300

Credited Total liabilities = $500

So, the total stockholder equity is

= $1,300 - $500

= $800

So, the incorrect way is to debit a stockholder equity for $800

6 0
4 years ago
Cost estimation, incremental unit-time learning model. Assume the same information for the Pacific Boat Company as in Problem 10
tiny-mole [99]

Answer:

Answer for the question :

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Explanation:

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5 0
4 years ago
World City: dominant city in terms of its role in the global political economy. Not the world's biggest city in terms of populat
trapecia [35]

World City: dominant city in terms of its role in the global political economy. Not the world's biggest city in terms of population or industrial output, but rather centers of strategic control of the world economy.

Explanation:

The financial centre, the stock market and large financial institutions can occur. Trade and economic dominance of a large area. Port city and container processing centres. There is tremendous everyday and strategic decision-making capacity.

The World Economic and business Master will give students in Liberal Arts an interdisciplinary guide to the effects of economic globalization as well as the changes it introduces to the global where the US performs its economic and political ties with another country.

5 0
3 years ago
Suppose that the price of a bottle of soda is $1 each. Larry is willingto pay $2 for the first bottle, Alan is willing to pay $1
gayaneshka [121]

Answer:

The answer is: D) $1.75

Explanation:

Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good and the actual price paid for the good.

Larry, Alan and Ryan were all willing to pay more for a bottle of soda than the actual price of the soda.

  • Larry's consumer surplus = $2 - $1 = $1
  • Alan's consumer surplus = $1.50 - $1 = $0.50
  • Ryan's consumer surplus = $1.25 - $1 = $0.25

The total consumer surplus is $1 + $0.50 + $0.25 = $1.75

4 0
3 years ago
The goals of a marker economy is to
solmaris [256]

Answer and Explanation:

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8 0
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