Which type of rubric contains a rating scale?

Usually a company is classified as a single business firm when revenues generated by the dominant business are greater than ____

hammer [34]

Answer: A company is classified as simple business when revenues generated by the dominant business are greater than 95%.

Explanation: The advantage of having a company where its profits come from a single type of activity, is that they concentrate all their forces and can have a better competitive advantage than in the opposite case, activities are diversified. Example: A company dedicated to the manufacture of private vehicles would be simple if it only executes the manufacture of vehicles and diversified when it sells in addition to private vehicles, trucks and motorcycles.

4 0

3 years ago

The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this

mylen [45]

Answer:

A) The price of a donut is $2.00 in 2009.

B) Rina's wage is $14.00 per hour in 2009.

Explanation:

The nominal value of a variable is its monetary amount, in this case, in dollars which is susceptible to currency fluctuations and inflation. Therefore, statements A and B present the nominal value of a variable.

When valuing a variable as an exchange for another good, that is assigning a real value to that variable since monetary changes won't affect the relationship between two goods.

The answers are A) and B)

7 0

3 years ago

Compton Company expects the following total sales: Month Sales March $ 37,000 April $ 27,000 May $ 21,000 June $ 32,000 The comp

Rina8888 [55]

Answer:

$11,025

Explanation:

From May sales, Total Credit sales = $21,000*70% = $14,700

Cash Collected in May (for sales) = Total Credit sales * 25%

Cash Collected in May = $14,700*25%

Cash Collected in May = $3,675

Accounts Receivables Balance = Total Credit sales (May) - Cash Collected in May

Accounts Receivables Balance = $14,700 - $3,675

Accounts Receivables Balance = $11,025

So, the budgeted accounts receivable balance on May 31 is $11,025.

5 0

3 years ago

Taylor bank lends guarantee company $150,000 on january 1. guarantee company signs a $150,000, 8%, 9-month note. the entry made

Murljashka [212]

We are given
P = $15,000
i = 8% per year
n = 9 months

First we convert the interest to per month
i = 8%/12 = 0.67%

And we solve for the future worth of the note
F = P ( 1 + i)^n
F = 15000 ( 1 + 0.0067)^9
F = $15929.12

The value of the note is $15929.12<span />

6 0

2 years ago

Read 2 more answers

Millburn Corporation has acquired a property that included both land and a building for $ 510 comma 000. The corporation hired a

Sav [38]

Answer:

cost of land record = $206550

Explanation:

given data

market value of the land = $320000

market value of the building = $470000

acquired both land and building = $510000

to find out

amount should the corporation record the cost of land

solution

first we find market value to total assets that is

market value to total assets = market value of the land + market value of the building ......................1

put here value

market value to total assets = $320000 + $470000

market value to total assets = $790000

and

share of land in the total market that is

share of land in the total market = $\frac{market\ value\ of \ land}{total\ assets \ value}$ .......................2

put here value

share of land in the total market = $\frac{320000}{790000}$

share of land in the total market = 40.50 %

and

cost of land record = share of land in the total market × acquired both land and building .......................3

put here value

cost of land record = $510000 × 40.50%

cost of land record = $206550

8 0

2 years ago