1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nlexa [21]
4 years ago
8

suppose your club is selling candles to raise money. It costs $100 to rent a booth from which to sell the candles.If the candles

cost your club $1 each and are sold $5, how many candles must be sold to equal to your expenses?
Business
1 answer:
Viefleur [7K]4 years ago
6 0

Answer:

Number pf candles is equal to 25

Explanation:

We have given cost of rent = $100

Cost price of one candle = $1

And selling price of one candle = $5

Let the number of candles = x

So total expense =100+x\times 1=100+x

Total earning =5\times x=5x

According to question expense is equal to earning

So 100+x=5x

4x=100

x = 25

So number pf candles is equal to 25

You might be interested in
A small creek has flooded, requiring the rescue of one person from a stranded automobile. Electrical service was interrupted for
bagirrra123 [75]

Answer:

1

Explanation:

According to my research on the different levels of disaster, I can say that based on the information provided within the question this situation would be classified as a level 1 disaster. This is the case because level 1 disasters are events that pose an immediate threat to an individual's health, life, or surroundings and usually affect a small number of people. Which seems to be the case in this situation since only one person was stranded and at risk because of the flooding.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
The following data were taken from the balance sheet accounts of Masefield Corporation on December 31, 2019.
viktelen [127]

Answer:

Please see below

Explanation:

a. A 5% stock dividend is declared and distributed when the market per share was $39.

Common stock par value($10) 500,000

Retained earning = 50,000 × 5% × 39

= $97,500

Common stock dividend distributed

50,000 × 5% × $10

= $25,000

See attached further explanations.

7 0
4 years ago
A falling price level is called ________ and a fall in the rate of inflation is called ________.
Ivanshal [37]

A falling price level is called <u>deflation </u>and a fall in the rate of inflation is called <u>disinflation</u>.

Inflation is the fee of built-in integrated costs over a given period of time. Inflation is generally an extensive measure, built-ing of the general built-in boom built-in fees or the built-increase integrated built-inside the integrated value of built-inlivbuiltintegrated integrated a country.There are 3 built-in causes of integrated nation: call for-pull built-inflation, fee-push integrated nation, and 7fd5144c552f19a3546408d3b9cfb251 built-inflation.

Inflation is a degree of the fee of built-integrated expenses of goods and offerbuiltintegrated integrated economic system. Inflation can occur when charges rise because of built-integrated integrated built-in integrated prices, together with raw materials and wages. A surge in built-in demand for products and services can cause built inflation as customers are integrated to pay more for the product.

Learn more about Inflation here: brainly.com/question/8149429

#SPJ4

3 0
2 years ago
In Chapter 7 bankruptcy a debtor
nalin [4]

Answer: A. is required to draw up a petition listing all assets and liabilities.

Explanation:

Bankruptcy simply refers to the legal whereby an economic entity is unable to repay their outstanding debts. In this case, the individual or business will need to sell its remaining assets in order to pay the liabilities.

Due to the above reason, then the debtor will be required by the government to list all of their assets and the liabilities that it owns and this will be used in determining whether the obligation has been fulfilled or not.

3 0
3 years ago
Green Caterpillar Garden Supplies Inc. is a hypothetical company. Suppose it has the following balance sheet items reported at t
Zolol [24]

Answer:

the question is incomplete, so I looked for a similar one:

Statement #1: Green Caterpillar’s pool of relatively liquid assets, which are available to support the company’s current and future sales, decreased from Year 1 to Year 2.

This statement is <u>FALSE</u>, because:

  • Green Caterpillar’s total current asset balance actually increased from $15,750 million to $19,687 million between Year 1 and Year 2

 

Statement #2: On December 31 of Year 2, Green Caterpillar Garden Supplies Inc. had $8,072 million of actual money that it could have spent immediately.

 This statement is <u>TRUE</u>, because:

  • The funds recorded in Green Caterpillar’s cash and equivalents account represents funds that are either cash or can be converted into cash almost immediately

 

Statement #3: If Green Caterpillar ever goes bankrupt, its common stockholders will be paid off first, then its debtholders and preferred stockholders.

This statement is <u>INCORRECT</u>, because:

  • Common shareholders are treated as residual investors

 

 

Based on your understanding of the different items reported on the balance sheet and the information they provide, if everything else remains the same, then the cash and equivalents item on the current balance sheet is likely to <u>INCREASE</u> if the firm issues $3 million of new common stock.

If common stocks are issued, then the journal entry should be:

Dr Cash 3,000,000

    Cr Common stock 3,000,000

4 0
3 years ago
Other questions:
  • What term describes work done by non professionals?
    11·1 answer
  • With the _____ approach, an organization chooses an outsourcing company in a neighboring country, such as when a U.S. organizati
    8·1 answer
  • At December 31, Tremble Music had account balances in Accounts Receivable of $300,000 and in Allowance for Uncollectible Account
    10·1 answer
  • Notifies the materials manager to send materials to a production department. 2. Holds indirect costs until assigned to productio
    10·1 answer
  • Don James purchased a new automobile for $19,000. Don made a cash down payment of $4,750 and agreed to pay the remaining balance
    12·1 answer
  • Crane Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear
    10·1 answer
  • Eve shops at Mrs. G's Grocery because it is located right near her place of work. Although Mrs. G's prices are higher than Walma
    6·1 answer
  • Scenario II:
    12·1 answer
  • Aesha works for a moderately priced running shoe manufacturer and while their products are lower in cost, there is a high degree
    9·1 answer
  • According to ethical guidelines, at the end of a study participants must be fully informed as to the purpose of the study and gi
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!