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3 years ago

Choose the correct statement.

Business

1 answer:

AfilCa [17]3 years ago

4 0

Answer:

D. The outlet substitution bias injects an upward bias into the CPI

Explanation:

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You decide that the best way to get hats and mittens to children is to start a business that sells hats and mittens. For every h

Marina CMI [18]

The main reason why a person would set up this business as a benefit corporation is to help school children.

<h3>What is a Business?</h3>

This refers to the buying and selling of goods or services with the main aim of making a profit.

Hence, we can see that based on the given scenario, there is the business of selling mittens and hats and also giving out a number for free to students, and the main reason why a person would set up this business as a benefit corporation is to help school children.

Read more about benefit corporations here:

brainly.com/question/13648699

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4 0

2 years ago

Universal Travel, Inc. borrowed $500,000 on November 1, 2021, and signed a twelve-month note bearing interest at 6%. Principal a

Marrrta [24]

Answer:

The interest payable on the loan is $5,000,option C

Explanation:

The interest is the cost incurred by the company for borrowing the $500,000 since no one is willing to part with their cash in loan agreement except that they have something in return.

The company has taken custody amount for 2 months (from November 1 2021 to 31 December 2021),hence it should recognized an interest payable for 2 months,which is computed thus:

interest payable=$500,000*6%*2/12=$5,000

7 0

3 years ago

A company sold PP&E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $24

madam [21]

Answer:

The operating cash flow in this transaction is zero

Explanation:

Please see attachment.

6 0

4 years ago

As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3. Cash $5,

Veseljchak [2.6K]

Answer:

$10,500

Explanation:

Calculation for Stanford Company's Working Capital

Using this formula

Working capital =Current Assets- Current Liabilities

Where,

Current Assets = Cash + Accounts Receivable + Inventory + Prepaid Insurance

Current Assets = ($5,000 + $15,000 + $40,000 + $3,000) = $63,000

Current Liabilities = Accounts Payable + Notes Payable in 5 Months + Salary Payable

Current Liabilities = ($15,000 + $12,500 + $25,000) = $52,500

Let plug in the formula

Working capital =$63,000-$52,500

Working capital =$10,500

Therefore the Working Capital for Stanford Company will be $10,500

5 0

3 years ago

Skyline Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets

alekssr [168]

Answer:

$7.15

Explanation:

Calculation for Other The cost of wages and salaries and other overhead that would be charged to each bouquet made is:

Wages and salaries charged to each bouquet produced = (60%*$180,000)+(50%*$70,000)/20,000 bouquet

Wages and salaries charged to each bouquet produced = $108,000+$35,000/20,000 bouquet

Wages and salaries charged to each bouquet produced = $143,000/20,000 bouquet

Wages and salaries charged to each bouquet produced = $7.15

Therefore The cost of wages and salaries and other overhead that would be charged to each bouquet made is:$7.15

7 0

3 years ago