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4 years ago

How could gambling create unexpected expenses? At least 2 answers. Will give Brainliest!!

Business

1 answer:

Scorpion4ik [409]4 years ago

8 0

Answer:

Gambling can become an addiction but it can also make you rich if you are good at it

Explanation:

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Laredo manufactures Nuts and Bolts from a joint process (cost = $80,000). Five thousand pounds of Nuts can be sold at split-off

Zigmanuir [339]

Answer:

Cost for Nuts = $80,000 $\times$ 2/5 = $32,000

Cost for bolts = $80,000 $\times$ 3/5 = $48,000

Explanation:

Provided joint cost = $80,000

Total quantity of nuts and bolts at separation

Nuts = 5,000 pounds

Bolts = 10,000 pounds

Weights of cost will be based on value of goods.

Nuts = 5,000 $\times$ $20 = $100,000

Bolts = 10,000 $\times$ $15 = $150,000

Thus, weights will be 10:15 = 2:3

Cost for Nuts = $80,000 $\times$ 2/5 = $32,000

Cost for bolts = $80,000 $\times$ 3/5 = $48,000

4 0

3 years ago

The FDA banning a specific product that a company sells is an example of:_________

mario62 [17]

Answer: unsystematic risk that can be diversified away

Explanation:

The FDA banning a specific product that a company sells is an example of unsystematic risk that can be diversified away.

The above scenario is simply a company related risk and therefore an unsystematic risk but it can actually be diversified away by proper utilization and allocation of resources. Therefore, the correct option is E

6 0

3 years ago

Smith and Johnson are partners. Smith's capital balance in the partnership is $56,000, and Johnson's capital balance $42,000. Sm

Semenov [28]

Answer:The bonus that is granted to Smith and Johnson equals:$5,500

that is $2750 each for Smith and Johnson since they share equally.

Explanation:

Given that

Smith's capital balance = $56,000

Johnson's capital balance = $42,000

Since the partners agree to accept Benson with 25% interest

Benson invests $40,000

Now, After allowing Benson,

Total Partnership Equity =Smith's Capital + Johnson's Capital + Benson's Investment

=$56,000 + $42,000 +$40,000 = $138,000

The share of Benson in equity is given as,

$138,000 x 25% = $34,500

The Bonus that is present for Smith and Johnson is

Benson's investment - Benson share of equity

= $40,000 - $34,500

=$5,500

Thus,

When equally shared becomes $2750 each for both Smith and Johnson

6 0

3 years ago

A policy promoting cutbacks in the amount of federal regulations in specific areas of economic activity is

serious [3.7K]

The answer is deregulation. It removes restrictions from laws for to allow competition among the industries and set into the market. However, based on experience, industries, and investments suffered from this set-up. The government stopped it after the mortgage crisis last 2007.

It was also found out that is is difficult to apply because of existing monopolies that can control prices in the market.

8 0

4 years ago

When reviewing a Profit and Loss report in QuickBooks Online, which report option will quickly show a client income and expenses

Lemur [1.5K]

Answer: Compare another period > Previous year (PY)

Explanation:

QuickBooks Online is an accounting service provided to small and medium businesses to help them with their accounting needs even with the most rudimentary of knowledge.

Should you want to view a client's income and expenses over the past two years, use the compare another period and then the Previous year option. The income and expenses will be shown for the current year and the last one making it 2 years.

6 0

3 years ago