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Stolb23 [73]
3 years ago
15

Which one of the following statements is true? Select one: a. If the materials price variance is unfavorable, then the materials

quantity variance must also be unfavorable. b. If the materials price variance is unfavorable, then the materials quantity variance must be favorable. c. Price and quantity variances move in the same direction. If one is favorable, the others will be as well. d. There is no correlation of favorable or unfavorable for price and quantity variances. Check
Business
1 answer:
Amanda [17]3 years ago
3 0

Answer:

C

Explanation:

Price and quantity variances move in the same direction. If one is favorable, the others will be as well. This is because there is a direct relationship between price and quantity. If one is favourable the other is likely to be favourable and if one is adverse the other is likely to be adverse.

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Laws designed to promote competition and prevent the information of monopolies are known as _____ laws
Soloha48 [4]
The answer is B. antitrust laws.

Antitrust laws are designed to keep competition fair between corporations to protect consumers. These laws promote such competition and discourage monopolies from operating as such.
6 0
3 years ago
Read 2 more answers
At the beginning of the year, the balance in Allowance for Doubtful Accounts is a credit of $760. During the year, previously wr
Tom [10]

Answer:

Given:

Allowance for Doubtful Accounts is a credit of $760

Written off accounts = $120

Accounts totaling = $740

The end-of-year balance (before adjustment) in Allowance for Doubtful Accounts will be computed as:

<em>Allowance for Doubtful Accounts - Accounts totaling + Written off accounts</em>

<em>⇒ $760 - $740 + $120</em>

<em>⇒ $140</em>

<u><em /></u>

<u><em>therefore, the correct option is (c).</em></u>

5 0
3 years ago
Kenneth is a stock trader whose main duty is to advise companies on what stock to buy or sell. What task my Kenneth perform as a
solniwko [45]

The task that Kenneth may perform as a part of his job is: B . research stock price histories.

<h3>Who is a stock trader?</h3>
  • A stock trader is a person who trades equities and securities with the intention of making profits from them. For a person to be successful in this job he has to keep abreast with the current prices of stock and equities.

  • So, Kenneth needs to research price histories in his role as a stock trader. This will help him to advise clients on the most profitable.

Learn more about stock trading here:

brainly.com/question/25818989

8 0
2 years ago
Assume that you manage a risky portfolio with an expected rate of return of 12% and a standard deviation of 39%. The T-bill rate
Shtirlitz [24]

Answer:

y = 50 %

Explanation:

As per the data given in the question,  computation are as follows:

Expected return = y × expected rate of return for portfolio + (1 - y) × rate of T-bills

By putting the value from the given data in the above formula, we get

0.09 = y×0.12 + (1 - y)×0.06

0.09 = 0.12y + 0.06 - 0.06y

0.03 = 0.06 y  

y = 0.50

= 50%

4 0
3 years ago
Suppose the price of a substitute to lcd televisions rises. what effect will this have on the market equilibrium for lcd​ tvs? t
STatiana [176]

Answer:

a. increase and the equilibrium quantity will increase. 

Explanation:

If the price of a substitute to lcd televisions rises, the demand for lcd tvs increase. This would lead to an increase in price and equilibrium quantity.

I hope my answer helps you.

4 0
3 years ago
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