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3 years ago

Which one of the following statements correctly states a relationship?

Business

1 answer:

Anon25 [30]3 years ago

4 0

Answer:

Explanation:

i think

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After the civil war, what became the major form of business organization because of its ability to raise money through the sale

Illusion [34]

After the civil war, CORPORATION became the major form of business organization because of its ability to raise money through the sale of shares of stock. A corporation is a type of business that is owned by stockholders who share its profits but are not personally responsible for its debts.

7 0

3 years ago

Economic efficiency is

Marina CMI [18]

Answer:

The correct answer is option A.

Explanation:

A market outcome will be considered economically efficient if the marginal benefit earned from the last unit is equal to the marginal cost incurred in the production of the last unit while the economic surplus or the sum of consumer surplus and producer surplus is at maximum.

If the marginal cost and benefit are not equal then the outcome is said to inefficient. It means that either the resources are not being allocated efficiently or the production is not efficient.

6 0

3 years ago

Allowance for Doubtful Accounts has a debit balance of $2,300 at the end of the year (before adjustment). The company prepares a

Alina [70]

Answer:

d. Debit Bad Debt Expense, $34,200; credit Allowance for Doubtful Accounts, $34,200

Explanation:

allowance balance 2,300 debit

estimated uncollectible accounts 31,900 credit

adjustment needed 34,200 credit

We need to adjust the allowance to our estimated uncollectible account. Currently, it has 2,300 debit balance. We need to increase it to 31,900

If we think it in two steps:

We need to credit by 2,300 to have zero balance,

and then 31,900 to reach the expected uncollectible amount

in total a credit for 34,200 needs to be done

<u>The adjusting entry will be:</u>

bad debt expense 34,200 debit

allowance for doubtful accounts 34,200 credit

8 0

3 years ago

Select the correct answer. Parker is designing the compensation package for a candidate selected for the position of a software

zmey [24]

Answer:

C. candidate’s skill set

Explanation:

7 0

3 years ago

A shop that makes candles offers a blueberry scented candle which has daily demand of 10 boxes. Blueberry candles can be produce

Lostsunrise [7]

Answer:

E. 115 boxes.

Explanation:

d: 10 boxes/day

p: 36 boxes/day

n: 365 days

s: $60

H: $24 box/year

D: d*n

D= 10*365= 3650 boxes/year

EPQ = $\sqrt{2DS/H} *\sqrt{p/p-d}$

EPQ= $\sqrt{2*365*60/24} *\sqrt{36/36-10}$

EPQ= 158.96 = 159 units

I=Q/P * (p-d)

I=159/36 * (36-10)

I=114.83

115 boxes aproximately

7 0

3 years ago