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3 years ago

Match each term with the correct definition.

Business

1 answer:

JulijaS [17]3 years ago

6 0

Answer:

1. Economics - The social science concerned with how individuals, institutions, and society make optimal (best) choices under conditions of scarcity.

2. Opportunity cost - The next-best thing that must be forgone in order to produce one more unit of a given product.

3. Marginal analysis - Making choices based on comparing marginal benefits with marginal costs.

4. Utility - The pleasure, happiness, or satisfaction obtained from consuming a good or service.

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1. Effective teamwork and high productivity are good indications of positive

Damm [24]

1. Effective teamwork and high productivity are good indications of positive B. productivity goals.

Because I think the best purpose of effective teamwork will be the productivity goals.

2. John is a new employee at International Widget. Having studied human relations, he's eager to understand the supervisory style employed by his immediate supervisor. Which of the following is not especially important to John's insight?

B. Whether his supervisor enjoys particular sports or hobbies

6 0

3 years ago

Valley Technology Balance Sheet As of March 11, 2020 (amounts in thousands) Cash 9,700 Accounts Payable 1,500 Accounts Receivabl

ollegr [7]

Answer:

total liabilities = accounts payable $11,500 + unearned revenue $7,500 + debt $65,900 + other liabilities $800 = $85,700

Explanation:

Cash 9,700 Accounts Payable 1,500 Accounts Receivable 4,500 Debt 2,900 Inventory 3,800 Other Liabilities 800 Property Plant & Equipment 16,400 Total Liabilities 5,200 Other Assets 1,700 Paid-In Capital 7,300 Retained Earnings 23,600 Total Equity 30,900 Total Assets 36,100 Total Liabilities & Equity 36,100

1. Buy $15,000 worth of manufacturing supplies on credit

Supplies Accounts payable

debit credit debit credit

15,000 1,500

15,000

16,500

2. Issue $85,000 in stock

Cash Paid-In Capital

debit credit debit credit

9,700 7,300

85,000 85,000

94,700 92,300

3. Borrow $63,000 from a bank

Cash Debt

debit credit debit credit

94,700 2,900

63,000 63,000

157,700 65,900

4. Pay $5,000 owed to a supplier

Cash Accounts payable

debit credit debit credit

157,700 16,500

5,000 5,000

152,700 11,500

5. Receive payment of $12,000 owed by a customer

Cash Accounts receivable

debit credit debit credit

152,700 4,500

12,000 12,000

164,700 7,500

Due to some strange reason, accounts receivable has a debit balance (= $4,500 - $12,000). Since that is not possible, the remaining part $7,500 must be included under unearned revenue:

Accounts receivable Unearned revenue

debit credit debit credit

7,500 0

7,500 7,500

0 0 7,500

7 0

3 years ago

The amount owed when credit is used is equal to the __________ plus __________. A. Balance. . . Tax B. Interest. . . Tax C. Prin

Marysya12 [62]

Answer:

A.Balance...Tax

Explanation:

the correct answer

8 0

2 years ago

Read 2 more answers

Exporting is the sale of goods and services to foreign markets. true or false?

Amiraneli [1.4K]

Answer:

true

Explanation:

while import is receiving goods from foreign country

4 0

3 years ago

bon chance inc has an odd dividend policy the company has just paid a dividend of $8.50 per share and has announced that it will

zysi [14]

Answer:

$\large\boxed{\large\boxed{\$65.90}}$

Explanation:

The value that you would be willing to pay for a share today should be the present value of all the dividends you will receive.

The present value of the dividends is equal to the sum of each dividend discounted at the required return rate.

The dividends will be:

First year: $8.50 + $6.50 = $15.00

Second year: $15.00 + $6.50 =$21.50

Third year: $21.50 + $6.50 = $28.00

Fourth year: $28.00 + $6.50 = $34.50

You must discount each divident at the rate of 16%: r = 0.16

Hence, the equation is:

$\frac{\$15.00}{(1+0.16)}+\frac{\$21.50}{(1+0.16)^2}+\frac{\$28.00}{(1+0.16)^3}+\frac{\$34.50}{(1+0.16)^4}$

Compute and you obtain $65.90

7 0

3 years ago