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3 years ago

How do consumers take part in the resource market?

Business

1 answer:

Andrew [12]3 years ago

7 0

Simple answer....too break it down if there was no consumers there would be Stores open.

Definition of consumer is a person who purchases goods and services for personal use.

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Walden Industries is considering investing in productionminusmanagement software that costs $ 630 comma 000, has $ 60 comma 000

nadya68 [22]

Answer:

345,000

Explanation:

accounting rate of return:

$\frac{net \:profit}{average \: investment}$

The average investment will be the average between the ending and beginning book value of the investment:

In this case, the acquisition of the software and his salvage value at the end of the useful life.

( 630,000 + 60,000 ) / 2 = 345,000

4 0

2 years ago

If a firm's goal is to maximize its earnings per share, this is the best way to maximize the price of the common stock and thus

ozzi

Answer:

False is the answer

6 0

2 years ago

When Eleanor went to Letty's department store, she noticed that the price that rang up when she was billing was much higher than

Sunny_sXe [5.5K]

Answer: stability

Explanation: In simple words ,The probability that the origin of the attribution would change over a duration of time is called attribution. For instance, if a person decides to get such a big promotion, they might equate it to a lack of skill.

This suggests uncertainty, as the person must improve their skills and obtain an education in order to ultimately influence the outcome. It is not a sustainable situation, but one that can be modified by behavioral change.

Thus, from the above we can conclude that the correct option is D.

5 0

3 years ago

In Mordica Company, total materials costs are $35,500, and total conversion costs are $54,000. Equivalent units of production ar

MrMuchimi

Explanation:

The computation is shown below:

Material Cost per unit = Total Material Cost ÷ Equivalent units of production

= $35,500 ÷ 10,000 units

= $3.55

Conversion Cost per unit = Total conversion cost ÷ Equivalent units of production

= $54,000 ÷ 12,000 units

= $4.5

Total Manufacturing cost per unit = Material cost per unit + conversion cost per unit

= 3.55 + 4.5

= $8.05

6 0

2 years ago

Prepare the journal entry (if any) to record the sale on January 2, 2017. (Credit account titles are automatically indented when

Troyanec [42]

Answer:

JOURNAL ENTRY

a) 2 Mar Debit Accounts receivable $946000, Credit Revenue $946000

Debit Cost of Sale $538100, Credit Inventory $538100

b) 5 Mar Debit Sales return $ 113000, Credit Account receivables $113000

Debit inventory $63100, credit Cost of Sales $63100

c) 12 Mar Debit bank $816340 , Debit discount allowed $16660 , Credit Accounts receivable $833000

The balance due is $946000-$113000=$833000*98%=$816340 net of discount.

Revenue to be recognized = $833000 net of returns

cost of sales = $538100-$63100 = $475000

gross profit = $358000

Explanation:

COMPLETE QUESTION ( I will use the dates in the complete question)

Question:

Prepare the journal entries to record the following transactions on Sheridan Company's books using a perpetual Inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

(a) On March 2, Crane Company sold $946,00D of merchandise to Sheridan Company, terms 2/10, n/30. The cost of the merchandise sold was $538,100

(b) On March 5, Sheridan Company returned $113,000 of the merchandise purchased on March 2. The cost of the merchandise returned was $63,100.

8 0

3 years ago