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3 years ago

Type the correct answer in the box. Spell all words correctly.

Business

2 answers:

Sonja [21]3 years ago

6 0

Answer:

Explanation:

Opens to the left

directrix: x = ½

focus: (-½, 0)

serg [7]3 years ago

4 0

Answer:

1.6

Explanation:

I added the total cost and divided it by the net sales

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Students will write a thorough explanation of the impact of price ceilings would have on the field of medicine in the United Sta

melisa1 [442]

Answer: Price ceilings are beneficial to society, and are often necessary, in that they make sure that essential goods are financially accessible to the average person, at least in the short run. By lowering costs, price ceilings also have the beneficial effect of helping to stimulate demand, which can contribute to the health of an economy.

However, there can also be downsides to price ceilings. While they stimulate demand, price ceilings can also cause shortages. Where the ceiling is set, there is more demand than at the equilibrium price. This means that the amount of the good or service supplied is less than the quantity demanded.

For example: in agriculture, medicine, and education, many governments set maximum prices to make the needed goods or services more affordable. Producers may respond to such an economic situation by rationing supplies, decreasing production levels or lowering the quality of production, making the consumer pay extra for otherwise free elements of the good (features, options, etc.), and more.

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3 years ago

Lake stevens marina has estimated that fixed costs per month are $350,000 and variable cost per dollar of sales is $0.30.

Leni [432]

$500,000

Break even =(fixed costs - contribution margin)

Contribution margin is Price of item- variable costs ($1- 30 cents/per item=.7)

$350,000/.7 = $500,000

4 0

3 years ago

Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5,900 shares of its own common st

Nikitich [7]

Answer: See explanation

Explanation:

The journal entry to record the transaction for Sherman systems will be:

Oct-11

Debit Treasury Stock (5,900 × $34) =

$200,600

Credit Cash = $200,600

(To record repurchase of 5900 own shares)

Nov-01

Debit Cash (1,225 × $40) = $49,000

Credit Treasury stock (1,225 × $34) = $41,650

Credit Paid in capital-Treasury Stock = $7,350

(To record sale 1225 shares from treasury stock)

Nov-25

Debit Cash (5,900-1,225) × $29) = $135,575

Debit Paid in capital-Treasury Stock = $7,350

Debit Retained earnings = $16,025

Credit Treasury stock (5,900-1,225) × $34) = $158,950

(To record sale balance from treasury stock)

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3 years ago

XYZ Company ended year 1 with accounts receivable of $100,000. On February 1, Year 2 XYZ provided services on account for $40,00

avanturin [10]

Answer:

Account at December 31th, Year 2: 210,000

Explanation:

We work this using the following reasoning

beginning accounts receivable

+ sales on accounts

Total amount to collect

- collection through the period

ending accounts receivable

year 2

beginning accounts receivable 100,000

+ February 1st sale on account 40,000

+ November 1st sale on account 70,000

total amount to collect 210,000

As we are not given with any data for collection we assume is zero.

Therefore ending AR balance:

210,000 - 0 = 210,000

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3 years ago

The lesson of __________ is to forget about the money that's irretrievably gone and instead to focus on the marginal costs and b

kotykmax [81]

The lesson of sunk costs is to forget about the money that's irretrievably gone and instead to focus on the marginal costs and benefits of future options. A sunk cost is a cost that happened during the manufacturing of something else and there is no way to recover that money back if the item or service fails. These costs will happen no matter the decision or outcome of a situation so most companies do not factor in sunk costs.

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3 years ago