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3 years ago

You have been given $100 to go school shopping. Identify how you would spend the money based on “needs” and “wants”.

2 answers:

6 0

Well, if I only had $100 to spend in school shopping, I would first buy my needs which would include school supplies. If I had any remaining money left over I would use it towards buying clothing and accessories. (not that $100 is a lot of room to work with)

zhuklara [117]3 years ago

4 0

Always buy what you need first groceries,things for school,ect. Then focus on your wants after that. Save alot too.

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The ____________________ prescribes that an accounting information system have internal controls, meaning, it employs methods an

Mrac [35]

Answer:

Compatibility principle

Explanation:

The compatibility principle prescribes that an accounting information system has internal controls, meaning, it employs methods and procedures that allow managers to control and monitor. The compatibility principle is a concept of an information system that suggests the accounting system of any type of organization should adapt to its employees or managers, operations and business structure.

For example, if goods are sold so fast but the orders may not be processed fast enough, here we will apply compatibility principle and we will add new technology to the system to solve this issue.

4 0

3 years ago

Read 2 more answers

For a monopolistically competitive firm, at the profit-maximizing quantity of output, a. price exceeds marginal cost. b. margina

Damm [24]

Answer:

<h2>The answer in this case would be option a. or price exceeds marginal cost.</h2>

Explanation:

Monopolistic competition is a particular type of market structure where multiple or many firms or companies are producing and selling differentiated or heterogeneous products or services.
A monopolisticially competitive firm maximizes its profit by producing the output level at which the marginal revenue or the additional or incremental revenue obtained from selling one more unit of output is equal to the marginal cost or the additional or incremental cost or expense incurred by the firm or company to produce that one more unit of the output.
The monopolistically competitive firm charges per unit price of the output which is equal to the demand for any particular product or service in the market and higher than both marginal revenue and marginal cost or above the point where both are equal.Hence,the price charged by the monopolistically competitive firm is higher than both marginal cost and marginal revenue of production.

3 0

3 years ago

Paul White, the CFO of Crane Automotive, Inc., is putting together this year's financial statements. He has gathered the followi

IrinaVladis [17]

Answer: $170,421

Explanation:

Using the Accounting equation;

Assets = Liabilities + Equity

Assets = Cash + Inventory + Goodwill and other assets + Net plant and equipment + Accounts receivable + Other current assets

= 23,015 + 212,300 + 78,656 + 713,500 + 141,258 + 11,223

= $1,179,952

Equity

= Common stock + Retained earnings

= 313,000 + 512,159

= $‭825,159‬

Liabilities = Assets - Equity

Current Liabilities + Long term debt = Assets - Equity

Long term debt = Assets - Equity - Current Liabilities

= 1,179,952 - ‭825,159‬ - (163,257 + 21,115)

= $170,421

6 0

3 years ago

Pls help me I need ASAP !

Rufina [12.5K]

Rejected. As the damaged packaging, and lack of label, show it may have been opened and contaminated.

6 0

4 years ago

Read 2 more answers

In early economic history money was not always available and transactions occurred through ____________ which was often very dif

Yuri [45]

Trade
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7 0

3 years ago