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Anton [14]
2 years ago
10

Edison's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Edison's very tiny kitchen has barely

enough room for the three ovens in which his workers bake the pizzas. Edison signed a lease obligating him to pay the rent for the three ovens for the next year. Because of this, and because Edison's kitchen cannot fit more than three ovens, Edison cannot change the number of ovens he uses in his production of pizzas in the short run.
Business
1 answer:
Dahasolnce [82]2 years ago
6 0
Idk sorry fhifdsdgijkko
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A company’s retained earnings increased $375,000 last year and its assets increased $973,000. The company declared a $79,000 cas
Alex Ar [27]

Answer:

C. $454,000.

Explanation:

We know that

The ending balance of retained earnings = Opening balance of retained earnings + net income - dividend paid

$375,000 = $0 + net income - $79,000

So, the net income would be

= $375,000 + $79,000

= $454,000

The ending balance of retained earnings - Opening balance of retained earnings is also known as increase in retained earning

6 0
3 years ago
Ives Corp. has an inventory period of 22.4 days, an accounts payable period of 36.5 days, and an accounts receivable period of 3
leva [86]

Answer:

The Company's cash cycle is 17.3 days

Explanation:

The cash cycle is computed by the following formula:

Receivable No of days+ Inventory No of days- Payables No of days

31.4 days + 22.4 days  - 36.5 days = 17.3 days

In the above question, Ives Corp is making an efficient operation of its cash resources. The payables are more than inventory, so the payables are financing the inventory as well as partly the receivables.  

4 0
3 years ago
Your uncle has $375,000 and wants to retire. He expects to live for another 25 years and to earn 7.5% on his invested funds. How
Alex777 [14]

Answer:

d. $33,641.50

Explanation:

In this question, we use the PMT formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $375,000

Future value = $0

Rate of interest = 7.5%

NPER = 25 years

The formula is shown below:

= -PMT(Rate;NPER;PV;FV;type)

So, after solving this, the answer would be $33,641.50

5 0
3 years ago
Inflation can decrease _____, which reduces the amount of goods and services a person can afford
PtichkaEL [24]
Inflation is the situation in which the same amount of money is worth less- meaning that it will have less purchasing power (so one can buy less for 100 dollars now than 10 years ago) - the correct answer is "purchasing power". Lower purchasing power reduces the number of goods that people can afford.
7 0
2 years ago
Read 2 more answers
The market segmentation process:a. creates products for several markets that have independent needs. b. offers one version of th
aleksley [76]

Answer:

The correct answer is the option E: divides a market into distinct groups that have heterogeneous needs.

Explanation:

To begin with, the concept known as <em>''segmentation''</em>, in the field of marketing and in the business world, comprehends the process of dividing a market into different groups that have similar needs inside those groups but heterogenous needs among the groups and therefore the process focus in letting the company knows who its target audience actually is and so it can focus only in producing a good that will satisfy that group entirely. Moreover, there are different types of segmentation, such as demographic, geographic, etc.

3 0
3 years ago
Read 2 more answers
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