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liubo4ka [24]
4 years ago
6

Mr. and Mrs. Atoll are planning a party for 10 people and want to make sure they have enough soda for everyone to have two bottl

es. Which of the following makes the most economic sense?1. 20 bottles of soda at $1.50 each2. 4 six-packs of soda at $5.00 each3. one case of 24 sodas at $18.504. two cases of 24 sodas at $18.50 each
Business
1 answer:
Rama09 [41]4 years ago
8 0

Answer:

3. one case of 24 sodas @ $ 18.50

Explanation:

The question requires that the hosts need to have enough to have two sodas each. The number of guests being 10, the requirement is to have 20 sodas.

Now comparing the various pack sizes available:

1. 20 sodas $ 1.50 per bottle, Total cost $ 30, per serving cost $1.50

2. 4 6 packs @ $ 5 each. Total cost $20, Per serving cost $0.83

3. 24 soda case @ $18.5. Total cost $ 18.50, Per Serving costs $ 0.77

4, 2 x 24 soda cases @ 18.50. Total Cost $ 37.00 Per serving costs $ 0.77

The per serving costs are the same in 3 & 4 above, however, since the requirement is to have 20 sodas and the overall costs as well as the per serving costs is the best in option 3, this is the preferred option.

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boyakko [2]

Answer:

The actual return on investment was 16.67%

Explanation:

the Return on Investment, will be the net income copared with the own funds (equity). So, we will compare the 50,000 net income with the owner's equity 300,000

50,000/300,000 = 0.1667 = 16.67%

The return on investment is 16.67% This means for every dollar of equity the comany earn 16.67 cent

It also means the company will return their entire investment in:

1/ROI = 1/0.166666 = 6 years

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3 years ago
The presence of pollution in the dry cleaning industry leads in the long run to dynamic inefficiencies because:
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Answer:

D) firms whose average private cost is less than price will stay in (or enter) the dry cleaning

industry even though their average social cost exceeds price.

Explanation:

When there is pollution as a result of the daily business, then it involves a huge social cost, as you cause harm to public.

But company's do not consider it in making the decision for business, as it generally do not impact the business in financial matters.

As even if the average cost is less then revenue the profit will be there to run the business.

But till the moment the financial impact is not strong of the social cost the pollution will not affect.

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3 years ago
What company strategy correlates to returning the highest profit margins and return on assets?
makkiz [27]

Corporate strategy correlates with achieving the highest profit margins, and ROI attracts more customers.

Strategy is the long-term plan that a business creates to achieve its desired future state. Your strategy includes your company goals, the type of product/service you want to develop, the customers you want to sell to, and the markets you want to serve profitably.

His three examples of these corporate strategies are applicable at certain times in the life of a company. Grow: Expand your business and increase your profits. Stability: To maintain continuous business operations. Renewal: To revive a declining business.

According to Porter's general strategy model, an organization has his three basic strategic options for achieving competitive advantage. These are cost leadership, differentiation and focus.

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3 0
2 years ago
On January 1, 2020, Oriole Company had Accounts Receivable $137,400, Notes Receivable $24,000, and Allowance for Doubtful Accoun
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Answer:

Oriole Company

Journal entries:

Jan. 5

Debit Accounts Receivable (Sheldon Company) $20,000

Credit Sales Revenue $20,000

To record sale of merchandise, terms n/15.

Jan. 20

Debit Notes Receivable (Sheldon Company)  $20,000

Credit Accounts Receivable (Sheldon Company) $20,000

To record acceptance of 3-month, 8% note

Feb 18

Debit Notes Receivable (Patwary Company) $9,000

Credit Sales Revenue $9,000

To record sale of merchandise for a 6-month, 9% note

April 20

Debit Cash Account $20,400

Credit Notes Receivable (Sheldon Company)  $20,000

Credit Interest on Notes Receivable $400

To record full settlement on account

April 30

Debit Cash Account $24,720

Credit Notes Receivable (Willingham Company) $24,000

Credit Interest on Notes Receivable $720

To record full settlement on account.

May 25

Debit Notes Receivable (Potter Inc.) $5,200

Credit Accounts Receivable (Potter Inc.) $5,200

To record acceptance of a 3-mont, 7% note.

Aug 18

Debit Cash Account $9,405

Credit Notes Receivable (Patwary Company) $9,000

Interest on Notes Receivable $405

To record full settlement on account.

Aug 25

Debit Accounts Receivable $5,291

Credit Notes Receivable (Potter Inc.) $5,200

Credit Interest on Notes Receivable $91

Sept. 1

Debit Notes Receivable (Stanbrough Company) $13,100

Credit Sales Revenue $13,100

To record sale of merchandise with a 6-month 10% notes receivable.

Dec. 31

Debit Depreciation Expense - Building $

Credit Accumulated Depreciation - Building $

To record depreciation expense for the year.

Debit Depreciation Expense - Equipment $

Credit Accumulated Depreciation - Equipment $

To record depreciation expense for the year.

Explanation:

Journal entries are prepared to record business transactions in the accounting books.  They show which account is to be debited and which is to be credited in the ledger.

Note that the book values of building and equipment were not included in this question, hence no figures were added to the adjusting journal entries for depreciation expenses.

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