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Tomtit [17]
3 years ago
12

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

Business
1 answer:
malfutka [58]3 years ago
3 0
<span>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.</span>
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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            <u>xxx</u>               xxx

Expansion

Accounts Receivable                           xxx

Less Allowance for Doubtful debt      <u>xxx</u>                xxx

Notes Receivable                                                      xxx

Receivables-Officers                                                 xxx

<u>Inventory</u>

Finished goods                                     xxx

Work in Process.                                   xxx

Raw Materials                                        <u>xxx               xxx</u>

Total Current Assets                                                                    xxx

Stockholders Equity

Common Stock                                      xxx

Add Paid-in Capital in Excess of           <u>xxx</u>

Par-Common Stock.

Total paid in capital                                                   xxx

Add Retained Earnings.                                            <u>xxx</u>

Total paid in capital and retained earnings             xxx

Less Treasury Stock (at cost)                                    <u>xxx</u>

Total Stockholders Equity                                                            <u>xxx</u>

Total Liability and Stockholders Equity                                       xxx

Liability and Stockholders Equity

<u>Current Liability</u>

Salaries and Wages Payable.                                    xxx

Unearned Subscriptions Revenue.                           xxx

Unearned Rent Revenue.                                          <u>xxx</u>

Total Current Liability.                                                                  xxx

<u>Long term liabilities</u>

Bonds Payable (due in 4 years)               xxx

Less Discount on Bonds Payable            <u>xxx             xxx</u>

Total Long term liabilities.                                    .                       xxx

<u>Long term Investment</u>

Preferred Stock (Equity) Investments.                         xxx

Land Held for Future Plant Site..                                  xxx

Cash Restricted for Plant Expansion.                           <u>xxx</u>

Total Long term Investment.                                                        xxx

Property, Plants and Equipment

Building.                                                     xxx

Less Accumulated Depreciation              <u>xxx               xxx</u>

- Buildings

Total Property, Plants and                         .                                   xxx

Equipment

Intangible Assets

Copyrights.                                    .                                xxx

Total Intangible Assets.                                    .                             <u>xxx</u>

Total Assets.                                    .                                              <u>xxx</u>

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 <em><u>0.3333</u></em> making it a <em><u>normal and necessary</u></em> 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}}

<u>YED = 0.33333</u>

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
2 years ago
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