Answer:
True
Explanation:
Firm A is operating at full capacity, if its sales keep increasing, then t will need to invest to expand its production capacity. Since firm B is operating below full capacity level, if its sales keep increasing it will have some spare production capacity it can use before operating at full capacity.
Therefore firm A will need to invest in an expansion of its production capacity while firm B can keep operating without new investments.
Answer:
c. 0.25
Explanation:
Cross-price elasticity = [(Q2-Q1/)((Q1-Q2)/2) * 100] / [(P2-P1/)((P1-P2)/2) * 100]
Cross-price elasticity = [(65-55)/((65+55)/2)*100] / [(2-1)/((1+2)/2)*100]
Cross-price elasticity = 16.6667/66.6667
Cross-price elasticity = 0.25000037
Cross-price elasticity = 0.25
You have to do some adding and multiplying. first 99.55 times 4 tires
C. Accounts Payable
Income tax expense is the amount that your company calculates for taxes, whereas income tax payable is the actual amount calculated by the IRS that the company owes which is recorded as a liability in accounts payable until the tax bill is paid off.
Answer:
Hie, on the choice of answers provided by your question there is no correct answer.
The correct answer for budgeted production units for July are 4,375 units
Please see below explanation and calculation i have prepared for the answer.
Prepare a Production Schedule for July as follows :
<u>July</u>
Budgeted Sales 4,200
Add Budgeted Closing Inventory (4,900 × 25%) 1,225
Total Production Needed 5,425
Less Budgeted Opening Inventory (1,050)
Budgeted Production 4,375
