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scZoUnD [109]
3 years ago
13

Tom's lawn service specializes in mowing lawns and trimming bushes Tom has 4 hours to devote to lawn services. In 1 hour, he can

mow 3 lawns or trim 5 bushes Use the line drawing fool to graph Tom's production possibilities frontier given he has 4 hours to devote to lawn services. Properly label this line Carefully follow the instructions above, and only draw the required objects Tom's opportunity cost of mowing lawns in terms of trimming bushes is immed bushes per mowed awn 24 Enter your response rounded to two decimal places) 20 Quanbity of lawns mowed

Business
1 answer:
Alex Ar [27]3 years ago
8 0

Answer:

attached answer

Explanation:

To draw the FPP we have to calculate either the formula or calcualte two points in the curve to draw the line.

Mowed Land                    Trimmed bushed

0(0 hours x 3 per hour)   20 (4 hours x 5 per hour)

3(1 hours x 3 per hour)      15   (3 hours x 5 per hour)

6(2 hours x 3 per hour)     10   (2 hours x 5 per hour)

9(3 hours x 3 per hour)     5   (1 hours x 5 per hour)

12(4 hours x 3 per hour)    0   (0 hours x 5 per hour)

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On March 1, 2018, Lewis Services issued a 6% long-term notes payable for $18,000. It is payableover a 3-year term in $6000 princ
GaryK [48]

Answer:

B) Cash A/c Dr $18,000

          To Long-Term Notes Payable $18,000

Explanation:

Since we have to pass the journal entry for the beginning year, so we have to record the issued amount also,

The journal entry is shown below:

Cash A/c Dr             $18,000

    To Long-Term Notes Payable     $18,000

(Being long term notes payable)

The principal installment amount should not be considered in the recording of the journal entry. Hence, it is ignored.

3 0
3 years ago
Why is research and development an integral part of the designing and producing process of an aerospace product? Select the best
allsm [11]
The answer to the given question above would be option C. The reason why research <span>and development is an integral part of the designing and producing process of an aerospace product is that, the </span><span>aerospace industry is constantly pushing the limits of technology. Hope this answers your question.</span>
5 0
3 years ago
Read 2 more answers
Gilbert City had the following transactions involving resource inflows into its general fund for the year ended June 30, 20X8:
Advocard [28]

Answer:

$2,289,500

Explanation:

Preparation of the schedule to show the amount of revenue that should be reported by Gilbert’s general fund on the statement of revenues, expenditures, and changes in fund balance for the year ended June 30, 20X8

Gilbert City

REVENUE REPORTED by the General Fund

For the Year Ended June 30, 20X8

Property tax revenue $1,862,000

[$2,000,000-$100,000-($2,000,000-$100,000)*2%)]

Interest revenue on advance $1,500

Grant revenue used to acquire computer equipment $235,000

Sales tax revenue $125,000

Liquor license revenue $66,000

Total revenue reported $2,289,500

Therefore the amount of revenue that should be reported by Gilbert’s general fund on the statement of revenues, expenditures, and changes in fund balance for the year ended June 30, 20X8 is $2,289,500

3 0
2 years ago
What are the three choices that profit-maximizing firms have to make?
Aliun [14]
The right answer for the question that is being asked and shown above is that: "b. how much to supply, how to produce output, and how much of each input to demand." the three choices that profit-maximizing firms have to make are <span>b. how much to supply, how to produce output, and how much of each input to demand</span>
3 0
3 years ago
tAn employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm's:
kap26 [50]

Complete Question:

An employee has a claim on the cash flows of Martin's Machines. This claim is defined as a claim by one of the firm's:

Group of answer choices

A. residual owners.

B. shareholders.

C. financiers.

D. provisional partners.

E. stakeholders.

Answer:

E. stakeholders.

Explanation:

An employee has a claim on the cash flows of Martin's Machines. This claim is defined as a claim by one of the firm's stakeholders.

A stakeholder can be defined as an individual or group of people that has an interest or concern in a business firm and usually either affect or be affected by the business.

Generally, the key stakeholders of business firm are its employees, public groups, suppliers, investors, creditors, consumers or customers. The employees working in an organization are key internal stakeholders because they play a significant role, function and have both financial and time-based investments in the operations of the business.

6 0
3 years ago
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