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
irakobra [83]
3 years ago
12

Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $

0.50 per banana. The implicit costs per week are $200,000. Which of the following statements is true? Group of answer choices Chiquita makes an accounting profit of $50,000. More than one answer is correct. Chiquita makes an economic profit of $250,000. Chiquita makes an economic profit of $450,000. Chiquita makes an accounting profit of $250,000.
Business
1 answer:
VLD [36.1K]3 years ago
5 0

Answer:

Chiquita makes an economic profit of $250,000.

You might be interested in
Which of the following is not a form of business combination?: (A) Acquisition. (B) S Corporation. (C) Conglomerate. (D) Merger.
diamong [38]

Answer:

<h2>b.corporation is answer </h2>
8 0
3 years ago
Stallman Company took a physical inventory on December 31 and determined that goods costing $275,260 were on hand. Not included
Tpy6a [65]

Answer:

Inventory at year-end: 344,000

Explanation:

The inventory should add the purchased goods from Pelzer as the possesion is transfer at shipping point.

The sales units to Alvarez should also be included as teh transfer is not complete yet. The term on this transaction are at destination.

Total inventory in transit: 28,940 + 39,800 = 68,740‬

on hand:   $   275,260

in-transit:  $<u>     68, 740  </u>

Total:         $  344,000

5 0
3 years ago
True or false?columbus's return voyage took longer than his outward voyage
zaharov [31]
That is false, he took a lot more time trying to find India and instead found America
7 0
3 years ago
Read 2 more answers
9.To what part of an industry does a worker's education contribute?
laiz [17]

Answer:

human capital

Explanation:

Human capital is the economic value brought by workers' experience and skills. It is the attributes, abilities, and quality of labor to influence a firm's productivity. Human capital is enhanced through education, training, and work experiences.

Human capital is an intangible asset to a business. Human capital is a critical element if a business is to achieve its goals. Due to this reason, companies are always investing in improving the quality of their human capital.

4 0
3 years ago
On December 31, 2020, Ayayai Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Ayay
Fiesta28 [93]

Answer:

Ed Abbey Co. (Ayayai Co.)

Journal Entries:

1. December 31, 2020:

Debit Accounts receivable $296,600

Credit Consulting revenue $296,600

To record consulting services performed on account.

December 31, 2020:

Debit Notes receivable $296,600

Credit Accounts receivable $296,600

To record the acceptance of notes.

December 31, 2021:

Debit Interest receivable $35,592

Credit Interest revenue $35,592

To accrue interest on notes receivable.

December 31, 2022:

Debit Interest receivable $35,592

Credit  Interest revenue $35,592

To accrue interest on notes receivable.

Debit Cash $367,784

Credit Notes receivable $296,600

Credit Interest receivable $35,592

To record the full settlement of principal and interests.

Explanation:

a) Data and Analysis:

December 31, 2020: Accounts receivable $296,600 Consulting revenue $296,600

December 31, 2020: Notes receivable $296,600 Accounts receivable $296,600

December 31, 2021:

Interest receivable $35,592 Interest revenue $35,592

December 31, 2022:

Interest receivable $35,592 Interest revenue $35,592

Cash $332,192 Notes receivable $296,600 Interest receivable $35,592

8 0
3 years ago
Other questions:
  • Your company's HR director is a believer in trait theories of leadership. He believes that he can differentiate leaders from non
    9·1 answer
  • _____ is high when customers have many choices and low when they have few choices.
    14·2 answers
  • A production possibilities frontier with a bowed-outward shape indicates a. increasing opportunity costs as more and more of one
    9·1 answer
  • Which sentence makes a logical comparison? bob's stocks are worth more than leslie's. bob's stocks are worth more than leslie. l
    13·2 answers
  • Mary exchanged an office building used in her business for some land. Mary originally purchased the building for $45,000, and it
    9·1 answer
  • Wright Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of busines
    5·1 answer
  • Market segmentation involves aggregating prospective buyers into groups that have common needs and will
    9·1 answer
  • Do the following functions exhibit increasing, con- stant, or decreasing returns to scale? What happens to the marginal product
    12·1 answer
  • Conservatives and liberals have very different views on healthcare reform. A news station places a story featuring the conservat
    11·1 answer
  • what is the name for goods and services produced in one country that are then sold in other countries?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!