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Alik [6]
3 years ago
14

Suppose Janet earns $700 per week working as a jewelry appraiser for Classy's Jewelry Store. She uses $10 to buy a box of aspiri

n at Pillmart Pharmacy. Pillmart Pharmacy pays Felix $450 per week to work the cash register. Felix uses $100 to purchase a necklace from Classy's Jewelry Store.
Identify whether each of the following events in this scenario occurs in the factor market or the product market.
a. Felix earns $450 per week working for Pillmart Pharmacy.
b. Janet earns $875 per week working for Classy's Jewelry Store.
c. Felix spends $325 to purchase necklace from Classy's Jewelry Store.
Business
1 answer:
bixtya [17]3 years ago
7 0

Answer:

A) Felix earns $450 per week working for Pillmart Pharmacy.  Resource market: Felix sells his resources (labor) to the Pillmart Pharmacy in exchange for a salary.

B) Janet earns $875 per week working for Classy's Jewelry Store.  Resource market: Janet sells her resources (labor) to the Classy's Jewelry Store in exchange for a salary.

C) Felix spends $325 to purchase necklace from Classy's Jewelry Store. Product market: the Classy's Jewelry Store sells its products to Felix.

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Security P is a preferred stock and Security Z is a zero coupon bond that has 11 years remaining until maturity. Both securities
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The duration of Security P based on the info given will be 11 years.

<h3>How to calculate the time?</h3>

From the information given, Security P is a preferred stock and Security Z is a zero coupon bond that has 11 years remaining until maturity.

Therefore, the duration will be:

= (1 + y)/y

= (1 + 0.1)/0.1

= 1.1/0.1

= 11 years

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2 years ago
__________ buy raw materials and parts that they reprocess into the finished goods they sell. Retailers Wholesalers Manufacturer
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Adepression is aperiod of slow economic activity n busineses decrease production
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3 years ago
A partnership liquidation occurs when a.a new partner is admitted b.the ownership interest of one partner is sold to a new partn
Sloan [31]

Answer:

Correct answer is d, the assets are sold, liabilities paid and business operations terminated

Explanation:

The partnership liquidation occurs when the day-to-day operation is closed for good. Part of liquidation's process is to sold the partnership's assets and paid all creditors (outside and partners) and divide the excess to the partners based on the profit and loss ratio or if there is still existing obligation to the creditors, the partners will pay it using their personal assets (applicable to general partner only). This stage, the life of the partnership ceased to exist.

4 0
3 years ago
If a company increases its fixed costs for product​ b, then the contribution margin per unit will.
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If a company increases its fixed costs for product​ b, then the contribution margin per unit will remain the same.

<h3>What is fixed cost?</h3>
  • Fixed costs, sometimes referred to as indirect costs or overhead costs in accounting and economics, are costs incurred by a corporation that are independent of the volume of goods or services the company produces.
  • They frequently occur again and again, like monthly rent or interest payments.
  • These expenses are often capital expenses as well.
  • Contrast this with variable costs, which depend on volume (and are based on the quantity produced) and are unknowable at the start of the accounting year.
  • Some variable costs are affected by the type of fixed costs.
<h3>What is company?</h3>
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6 0
2 years ago
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of
ludmilkaskok [199]

Answer:

Decrease by $132,100

Explanation:

Computation of the given data are as follow:-

We can calculate the  Operating Income by using following formula:-

Fixed Cost = Fixed Cost * Dropped Rate

= $193,000 * 30/100

= $57,900

So, Operating Income = Sales - Variable Cost - Fixed Cost  

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= $132,100

According to the Analysis, the operating income will be decrease by $132,100 if the business segment is eliminated.

8 0
3 years ago
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