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3 years ago

How would a manufacturer benefit by using fewer scarce resources

Business

1 answer:

Dima020 [189]3 years ago

4 0

A manufacturer tries to benefit by using scarce resources in the following ways -

Scarce resources will reduce the cost of production leading to maximum profits.

Lesser cost of production will make it more budget friendly and popular among the customers.

Because of better margins, business can invest in research and development to offer better quality products to its customers.

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The American Heart Association has just issued a report warning consumers about the negative health effects of eating beef. Whic

Lina20 [59]

Answer:

A. The demand curve will shift to the left, decreasing the price of beef.

Explanation:

As due to the changes in the tastes and preferences of the consumers the change in the demands of the beef and prices will also decrease and the curve will shift to the left and so does the price of the good.

<u>The reports showing the negative effects of the beef on the health of the consumer is likely to make the changes in the market price of the products.</u>

6 0

3 years ago

Santiago Systems Income Statement For the Year Ended December 31, 20X2 Amount Percent Net sales $5,345,000 100.0% Less: Cost of

solmaris [256]

Answer:

1)Dividend per share = 1

2)Dividend yield = 5%

3)Dividend payout ratio = 0.39

Explanation:

As per the data given in the question,

Net sale = $5,345,000

Cost of goods sold = $3,474,250

Gross margin = $5,345,000 - $3,474,250 = $1,870,750

Operating expenses = $1,140,300

Operating income = $1,870,750 - $1,140,300 = $730,450

Interest expenses = $27,000

Income before taxes = $730,450 - $27,000 = $703,450

Income tax(40%) = $281,380

Net in come = $422,070

Preference of dividend = $40,000

Earnings available to common stockholders = $422,070 - $40,000 =$382,070

Common stock = $150,000

Earning per share = $382,070÷$150,000 = 2.55

Dividend to common stockholders = $150,000

Dividend per share = $150,000÷$150,000 = 1

Market price of common share = $20

Dividend yield = (Dividend per share×100÷market price of common share) = 5%

Dividend payout ratio = Dividend per share÷earning per share =1÷2.55 = 0.39

3 0

3 years ago

Western Wear Clothing issues 3,000 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming t

Komok [63]

Answer:

The journal entry for the issuance of the common stock is shown below:

Explanation:

Cash A/c.............................................Dr $33,000

Common Stock A/c........................Cr $30

Paid in Capital A/c...........................Cr $32,970

Working Notes:

Cash = Number of shares × Issue Price

= 3,000 × $11

= $33,000

Common Stock = Number of Shares × Par Value

= 3,000 × $0.01

= $30

Paid in Capital = Cash - Common stock

= $33,000 - 30

= $32,970

3 0

3 years ago

What does non current assets mean

coldgirl [10]

Answer:

assets whose value is not realized in the current year

Explanation:

A <em>noncurrent asset</em> is generally a long-term investment whose value will not be fully realized in the current accounting year. The cost of the asset is allocated over the period the asset is in use, rather than being expensed in the year it is acquired.

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3 years ago

A major problem with the implementation of an annually balanced budget is that it?

djyliett [7]

Answer:

A major problem with the implementation of an annually balanced budget is that it magnifies the fluctuations in the business cycle.

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2 years ago