All categories

3 years ago

Which individual is a producer?

Business

2 answers:

Ghella [55]3 years ago

8 0

Answer:

A farmer who grows what his family needs to survive.

Ronch [10]3 years ago

7 0

Answer:

To be considered as a producer, we need to create some sorts of goods or services and exchange it with the customers in order to obtain some sort of financial gain. I believe that a host who seats customers in a busy restaurant would be considered a producer because he is providing a service to consumers.

Hope this helps!

You might be interested in

ren Pork Company uses the value basis of allocating joint costs in its production of pork products. Relevant information for the

Alex

Answer:

Allocated costs Loin Chop= $5,590

Explanation:

Giving the following information:

Product - Pounds - Price/lb.

Loin chops 3,000lb $ 5.00/lb

Ground 10,000lb $2.00/lb

Ribs 4,000lb $4.75/lb

Bacon 6,000lb $3.50/lb

The total joint cost for the current period was $43,000

First, we need to calculate the weighted average lb participation of Loin Chops:

Total lb= 23,000

Weighted average lb= 3,000/23,000= 0.13

Now, we can allocate the joint costs:

Loin Chop= $43,000*0.13= $5,590

7 0

3 years ago

johanna is responsible for setting goals and planning at a medium sized company her job title is director of communications what

natita [175]

The level of job that require Johanna to be responsible for setting goals and planning in the company would be : Top-Level Manager
Top level manager consist of Board of directors, president, vice president, General Managers, and senior managers. These people have the credibility to create a planning/decision for the company

3 0

3 years ago

Taxes differ from tariffs because taxes are what?

vlada-n [284]

Answer:

Collected on domestic economic activity

Explanation:

apex

8 0

3 years ago

Read 2 more answers

6. Farmerlands, Inc. has budgeted sales for the months of September and October at $303,000 and $289,000, respectively. Monthly

QveST [7]

Answer:

$294,600

Explanation:

Given that,

September sales = $303,000

October sales = $289,000

Monthly sales are 80% credit and 20% cash.

Of the credit sales, 50% are collected in the month of sale, and 50% are collected in the following month.

Cash collections for the month of October:

= 20% of October sales + 50% of the credit sales in October + 50% of the credit sales in September

= (0.2 × $289,0000 + (0.5 × 0.8 × $289,000) + (0.5 × 0.8 × $303,000)

= $57,800 + $115,600 + $121,200

= $294,600

5 0

3 years ago

Debt ratios measure the proportion of total assets financed by a firm’s creditors. Sunny Co. has a debt-to-equity ratio of 4.00,

Varvara68 [4.7K]

Answer:

Carter Co. has greater financial risk as compared to Sunny Co. and to the average financial risk in the industry.

Explanation:

Since the industry average is 3.20

Provided Debt to Equity is

Sunny Co. 4.00

Carter Co. 6.00

Since debt to equity represents the financial risk associated with the product.

It is clear that both the companies are on a higher financial risk than that of the industry.

Further the company is still in a better position than that of the competitor, as the later has higher debt to equity ratio.

Therefore, the first statement concluding that the financial risk of Carter Co. is highest of all including the competitor and the industry average is True.

3 0

3 years ago