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
STALIN [3.7K]
4 years ago
5

Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few d

ays after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $560,000. This fourth parcel__1__ be sold because __2__ will purchase it from the seller for at least the minimum price.1) A. WillB. Will not2) A. No oneB. Ravi ($690,000)C. Maria ($720,000)D. Simone ($680,000)
Business
1 answer:
PIT_PIT [208]4 years ago
7 0

Answer:

The correct answer is; This fourth parcel will not be sold because all buyers will purchase it from the seller for at least the minimum price.

Explanation:

All buyers are willing to buy although all are willing to pay more than the minimum price. the seller might need to increase price  

You might be interested in
Economics: Which items make up the marketing mix?
Degger [83]

Answer: Price, Product, Promotion and Place.

Explanation:

7 0
3 years ago
Read 2 more answers
Grieg Landscaping began construction of a new plant on December 1, 2017. On this date, the company purchased a parcel of land fo
ziro4ka [17]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
3 years ago
Presented below is information available for Crane Company.
JulsSmile [24]

Answer:

the acid-test ratio is 1.5 times

Explanation:

The computation of the acid-test ratio is as follows:

Acid test Ratio = Quick assets ÷ current liabilities

where,

Quick Assets is

= Cash + short tern investments + Account receivable

= $3,500 + $50,000 + $56,000

= $109,500

And, the current liabilities is $73,000

So, the acid-test ratio is

= $109,500 ÷ $73,000

= 1.5 times

Hence, the acid-test ratio is 1.5 times

3 0
3 years ago
Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company
Monica [59]

Answer:

$91

Explanation:

Given the following information,

Direct materials per unit = $54

Direct labor per unit = $20

Variable overhead per unit = $6

Fixed overhead for the year = $462,000

For Absorption costing method, it includes all costs associated with production, including fixed and variable cost. The unit product cost is calculated using direct material, direct labor and total unitary manufacturing overhead.

Unitary cost = (Fixed overhead for the year / Units produced) + Direct materials per unit + Direct labor per unit + Variable overhead per unit

Unitary cost = ($462,000 / 42,000) + $54 + $20 + $6

Unitary cost = $11 + $54 + $20 + $6

Unitary cost = $91

Therefore, the product cost per unit is $91

5 0
3 years ago
Which environment is not an important dimension of a business organization's external environment?
timofeeve [1]

Answer: d. the corporate culture envrionment

Explanation:

5 0
3 years ago
Other questions:
  • Barlow Company manufactures three products—A, B, and C. The selling price, variable costs, and contribution margin for one unit
    11·1 answer
  • The cost to manufacture one unit of Killian Audio Products' best-selling hearing aid, the Zone, is $67.50. The CFO of the compan
    7·1 answer
  • During periods of economic growth, consumers buy more goods and services. This causes businesses to produce _____ goods and serv
    5·2 answers
  • During April, the production department of a process manufacturing system completed a number of units of a product and transferr
    15·1 answer
  • Your total liabilities excluding mortgage debt should not exceed what percentage of your net worth excluding the value of your h
    8·1 answer
  • Morin company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. the mark
    14·1 answer
  • Which economic goal is encroached upon when the government taxes your wages in order to provide unemployment
    15·1 answer
  • Low inflation is a sign of?
    8·1 answer
  • How are cost and material estimations used by engineers?.
    7·1 answer
  • Explain briefly the purpose<br> of the Computer Management Console in Microsoft Windows.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!