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3 years ago

People who make goods and services are called _____ . consumers producers investors

Business

2 answers:

e-lub [12.9K]3 years ago

8 0

Answer:

these are called producers.

Explanation:

xz_007 [3.2K]3 years ago

6 0

PRODUCERS are the people who make goods and services.

Producers produce the products. Consumers consume the produce provided by the producers. Investors invest in a business that enables the producer to produce products that are consumed by consumers.

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Who is affected by our government’s fiscal policies?

Norma-Jean [14]

The answer is C- The entire economy

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3 years ago

Break Even Analysis 1. A USB thumb drive production line will have $240,000 fixed costs variable costs per unit of $1.97. Each u

melomori [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Fixed costs= $240,000

Unitary variable cost= $1.97

Selling price per unit= $4.97.

First, we need to calculate the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 240,000 / (4.97 - 1.97)

Break-even point in units= 80,000 units

The break-even point analysis provides information regarding the number of units to be sold to cover for the fixed and variable costs.

If the forecasted sales are 120,000, this means that the company will cover costs and make a profit. The margin of safety is 40,000 units.

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2 years ago

What are the functions of depository institutions? The functions of depository institutions include _______.

Yuri [45]

Answer: Creating liquidity

Explanation:

Depository institutions includes commercial banks, credit unions, savings and loans. Depository institutions receive money from the depositors and lend out to their borrowers.

The primary function of the depository institutions is to create liquidity by making credit available to borrowers in the form of loans. Depository institutions also receive deposits from their customers in exchange for interest and then use them to create loans for people.

3 0

3 years ago

The Lowery Co. uses the direct write-off method of accounting for uncollectible accounts receivable. Lowery has a customer whose

olchik [2.2K]

Answer:

Debit Bad Debt Expense; Credit Accounts Receivable

Explanation:

Bad debts expense is related to a company's current asset accounts receivable. Bad debts expense is also referred to as uncollectible accounts expense or doubtful accounts expense.

When a cash payment is received from the debtor, cash is increased and the accounts receivable is decreased. When recording the transaction, cash is debited, and accounts receivable are credited.

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2 years ago

Which of the following statements is NOT CORRECT? a. Sunk costs are the costs associated with "the road not taken". They represe

Ann [662]

Answer:

Explanation:

Sunk cost is cost that has already been incurred and cannot be recovered. It should not be considered in making future decisions.

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives. Opportunity costs are costs associated with "the road not taken".

An example of opportunity cost : you quit your job where you ern $50,000 to start your business. the opportunity cost of starting your business is $50,000 - your salary that you would be forgoing to start your business

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3 years ago