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3 years ago

If overstock.com earns a rate of return exactly equal to what is necessary for it to continue operations, then its

1 answer:

3 0

If overstock.com earns a rate of return that is exactly equal to being able to just keep the doors open and running, then their rate of return is 0%. This is called break-even for a business when they are not generating any profit, but also not losing any money.

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This selection implies that the author believes sales of the Nestlé chocolate bar soared because __________.

velikii [3]

The best and most correct answer among the choices provided by your question is the third choice or letter C.

Nestlé chocolate bar soared because people loved making cookies with Nestlé chocolate bars.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

7 0

3 years ago

Assume that Denis Savard Inc. has the following accounts at the end of the current year. 1.Common Stock14.Accumulated Depreciati

boyakko [2]

Answer:

Denis Savard Inc

Classified Balance sheet

Amount$ Amount$ Amount$

Assets

Current Assets

Cash xxx

Less Cash Restricted for Plant xxx xxx

Expansion

Accounts Receivable xxx

Less Allowance for Doubtful debt xxx xxx

Notes Receivable xxx

Receivables-Officers xxx

Inventory

Finished goods xxx

Work in Process. xxx

Raw Materials xxx xxx

Total Current Assets xxx

Stockholders Equity

Common Stock xxx

Add Paid-in Capital in Excess of xxx

Par-Common Stock.

Total paid in capital xxx

Add Retained Earnings. xxx

Total paid in capital and retained earnings xxx

Less Treasury Stock (at cost) xxx

Total Stockholders Equity xxx

Total Liability and Stockholders Equity xxx

Liability and Stockholders Equity

Current Liability

Salaries and Wages Payable. xxx

Unearned Subscriptions Revenue. xxx

Unearned Rent Revenue. xxx

Total Current Liability. xxx

Long term liabilities

Bonds Payable (due in 4 years) xxx

Less Discount on Bonds Payable xxx xxx

Total Long term liabilities. . xxx

Long term Investment

Preferred Stock (Equity) Investments. xxx

Land Held for Future Plant Site.. xxx

Cash Restricted for Plant Expansion. xxx

Total Long term Investment. xxx

Property, Plants and Equipment

Building. xxx

Less Accumulated Depreciation xxx xxx

- Buildings

Total Property, Plants and . xxx

Equipment

Intangible Assets

Copyrights. . xxx

Total Intangible Assets. . xxx

Total Assets. . xxx

3 0

3 years ago

Shawna wins the lottery and her income increases by 60 percent. she used to buy 10 pints of cottage cheese per month and now she

Dmitriy789 [7]

Answer: Her income elasticity of demand for cottage cheese is 0.3333 making it a normal and necessary good.

The income elasticity of demand is given by :

$\mathbf{YED = \frac{percentage change in demand}{percentage change in income}}$

The percentage change in income is given as 60%. We calculate the percentage change in quantity demanded as follows:

$\mathbf{percentage change in quantity demanded = \frac{Q_{1}-Q_{0}}{Q_{0}}}$

$\mathbf{percentage change in quantity demanded = \frac{12-10}{10}}$

$\mathbf{percentage change in quantity demanded = 0.2}\\$

Substituting the value above in the income elasticity demand formula we get,

$\mathbf{YED = \frac{0.20}{0.60}}$

YED = 0.33333

Since the income elasticity is positive, and since Shawna buys more cottage cheese after an increase in income, we can classify this good as a normal good.

Since the income elasticity is between 0 and 1 we can also conclude that cottage cheese is also a essential good or a necessity.

7 0

3 years ago

Morgan Manufacturing recently sold goods that cost $35,000 for $45,000 cash. The journal entries to record this transaction woul

Alex777 [14]

Answer:

The journal entries to record this transaction would include: E. a credit to Sales Revenue for $45,000.

Explanation:

When Morgan Manufacturing sold goods, the company should make two journal entry to record Cost of goods sold and Sales revenue.

The entries:

1. Debit Cost of goods sold $35,000

Credit Finished-Goods Inventory $35,000

2. Debit Cash $45,000

Credit Sales revenue $45,000

The journal entries to record this transaction would include: E. a credit to Sales Revenue for $45,000.

4 0

2 years ago

Assume the following information from a schedule of cost of goods manufactured:

Evgesh-ka [11]

Answer:

The manufacturing overhead applied to work in process is:

D. $79,000

Explanation:

a) Data and Calculations:

Beginning work in process inventory 30,000

Direct materials used in production 50,000

Direct labor 60,000

Total manufacturing costs to account for 219,000

Manufacturing overhead applied to WIP 79,000 (219,000 - 140,000)

Ending work in process inventory 72,000

b) The manufacturing overhead applied to Work in Process is the difference between the total manufacturing costs to account for and the costs of beginning work in process, direct materials, and direct labor for the period. When the ending work in process is deducted from the total manufacturing costs, the resulting figure represents the cost of goods transferred to finished goods inventory.

3 0

3 years ago

If overstock.com earns a rate of return exactly equal to what is necessary for it to continue​ operations, then its

If overstock.com earns a rate of return exactly equal to what is necessary for it to continue operations, then its