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3 years ago

A view of a spectacular sunset along a private beach is an example of_______.

Business

1 answer:

Digiron [165]3 years ago

5 0

Answer:

B. NON RIVAL but EXCLUDABLE good

Explanation:

A good is Excludable if it can be feasibly prevented to be used by people , by efficiently excluding non paying consumers from using it . Ex: Excludable - Private Property , Non Excludable - Air Pollution

A good is Rival , if it's consumption by a consumer doesn't reduce it's availability for consumption by other consumers . Ex : Rival - Food Item , Non Rival - Voice of a Radio

A view of spectacular sunset along a private beach is : Excludable ; because of it being 'Private' - so can prevented to be accessed by non paying consumers Non Rival ; because consumption of that view by a consumer doesn't reduce its potentiality to be viewed by other people [unless its exceptionally crowded]

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Strieby Corp. operates a business with three separate entities as subsidiaries that operate as a unitary business: Matty Corp.,

Zielflug [23.3K]

Answer:

Those that will be required to file a California return are; Matty,

Strieby, Kennedy and Jackson .

Explanation:

Those that will be required to file a California return are; Matty, Strieby, Kennedy and Jackson. From the question we are informed that all of the entities involved are operating unitary Business, which is the same concept followed by California. And we know that

Unitary business can be regarded as group of persons which are related and having interdependent business activities/operations. So in this case, single California return will be filled by the entities involved.

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3 years ago

Use the adjusted trial balance for stockton company below to answer the questions that follow. stockton company adjusted trial b

kotegsom [21]

Given:
stockton company adjusted trial balance december 31
cash 7,530
accounts receivable 2,100
prepaid expenses 700
equipment 13,700
accumulated depreciation 1,100
accounts payable 1,900
notes payable 4,300
common stock 1,000
retained earnings 12,940
dividends 790
fees earned 9,250
wages expense 2,500
rent expense 1,960
utilities expense 775
depreciation expense 250
miscellaneous expense 185

To determine the total assets, we only have to consider the following:
cash 7,530
accounts receivable 2,100
prepaid expenses 700
equipment 13,700
accumulated depreciation (1,100) 
Total assets: 22,930 CHOICE D.

NET INCOME:
fees earned 9,250
wages expense (2,500) 
rent expense (1,960) 
utilities expense (775) 
depreciation expense (250) 
miscellaneous expense (185)
Net Income 3,580

LIABILITIES AND S.H.E
accounts payable 1,900
notes payable 4,300 
common stock 1,000 
retained earnings 12,940 
dividends (790)
Net Income 3,580
TOTAL LIABILITIES & SHE 22,930

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2 years ago

Joplin Industries Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable J-Sports logo.

motikmotik

Answer:

a. Joplin Industries Inc.

Absorption Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Less: Beginning inventory $4,387,200

Cost of goods manufactured $45,756,000

Cost of goods sold $50,143,200

Gross Profit $30,856,800

Selling and Administrative Expenses $13,122,000

Operating Income $17,734,800

b. Joplin Industries Inc.

Variable Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Variable cost of goods sold $40,500,000

Manufacturing Margin $40,500,000

Selling and Administrative Expenses $12,150,000

Contribution Margin $28,350,000

Fixed cost

Manufacturing cost $8,856,000

Selling and Admin Expenses $972,000

Total Fixed cost $9,828,000

Operating Income $18,522,000

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3 years ago

Dean, the president of Billing & Credit Company, promises to pay his employee Ewing, who is dangerously obese, $10 for every

Aliun [14]

Answer:

See the explanation below.

Explanation:

The court likely to rule in favor of Ewing.

The reason is that the enough consideration that gives backing to a promise in this case is generally the waiver of a legal right to eat to obesity as requested by the other party.

The evidence that Ewing has lost 154 pounds in weight over the stipulated period is a consideration that sufficient enough under the law. The payment of $10 pound that Ewing has lost is a promise. The fact that Ewing also benefit from the weight loss does not matter.

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3 years ago

a. As far as the tax code is concerned, HeadBook will increase its expenses by $5,000 in either case. If it pays for the policy,

polet [3.4K]

Answer: $1,750

Explanation:

Incurring a health insurance cost of $5,000 or increasing salaries by $5,000 will have the same effect on the taxes because they will both be removed from the income before the taxes are calculated.

The reduction in tax in either case is:

= Expense * Tax rate

= 5,000 * 35%

= $1,750

8 0

2 years ago