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Ber [7]
3 years ago
14

Allison's Auto Art is a company that applios pinstripes to vehicles. Allison's cost for a basic 1 -color pinstriping job is $35,

and she charges $95 for this service. For a total price of $175, Allison will apply a fancier 3-color pinstripe ap Should Allison continue to offer the 3-color pinstripe application? A. no, her marginal benefit is less than her marginal cost B. yes, but only if she lowers the price of the 1-color application C. yes, she stil makes a profit by selling the 3-color application D. More information is needed for Alison to make this decision.
Business
1 answer:
valkas [14]3 years ago
3 0

Answer:

C. yes, she still makes a profit by selling the 3-color application.

Explanation:

As for the information provided,

Cost for 1 color pin striping job = $35

Cost for three color pin striping job accordingly = $35 \times 3 = $105

Price charged for pin striping is as follows:

For 1 color = $95

For 3 colors = $175

Even on 3 color striping there is a profit of $70, thus, it should be sold.

As there is no loss, although the profit margin is decreased as a percentage of cost when compare to margin on 1 color pin striping.

Thus, correct option is Statement C.  

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Assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans becaus
seropon [69]

Answer: Cyclical asymmetry

Explanation:

In economics, Cyclical asymmetry is defined as

A value that represents a large imbalance in economic factors due to genuine cyclical reactions by a country or market.

It includes employment rates,  interest rates, debt retention, bond strengths, or stock market imbalances.

If we assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans because economic conditions are bad.

Since this happens due to the cyclical reaction of the government.

This means that,

This situation is a problem of <u>cyclical asymmetry</u>.

8 0
3 years ago
Suppose your company sells services of $170 in exchange for $130 cash and $40 on account. Depreciation of $60 relating to equipm
mario62 [17]

Answer and Explanation:

Q2) Calculate the amount that should be reported as net cash flow from operating activities:

Account Receivables = $40

Depreciation = $ 60

Since there is an in Account Receivables therefore it will be negative

Since depreciation is a non cash expense, therefore, it will be added

$60 - $40 = $20 (Net Cash flow from operating activities)

Q3) Amount as net income:

Revenue = $170

Depreciation ($60)

Net Income = $110

Q4)

Net inome = $170

Depreciation = $60

Increase in Accounts Receivables = ($40)

Net Cash flow from operating activities = $190

5 0
3 years ago
What is a misdemeanor?
nasty-shy [4]

Answer:

D

Explanation:

In fact a misdemeanor is less bad than a felony

6 0
3 years ago
It is necessary to retain information for two significant reasons: legal obligation and business needs. Data that occupies the c
baherus [9]

Answer:

The correct answer is letter "B": business.

Explanation:

Business data represents the information of the transactions a company carries out as a result of its operations. Information about suppliers and customers is recorded for control purposes and, mainly, to cover the legal obligation to report the accounting analysis of the firm in the Financial Statements.

Besides, the accounting information of a firm allows managers to compare budget expectations with the current performance of the company to take decisions on what course the entity should follow to reach its objectives.

6 0
3 years ago
When actual revenue ______ what the revenue should have been, the variance is labeled favorable.
xeze [42]

When actual revenue <u>exceeds</u> what the revenue should have been, the variance is labelled favourable.

Hope that helps!

6 0
2 years ago
Read 2 more answers
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