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Darya [45]
4 years ago
14

DeVonda owns a music store. One night, vandals broke her store's front window. DeVonda called the police, and the police investi

gated the crime. The police services that DeVonda used are BEST described as a(n):
Business
1 answer:
kykrilka [37]4 years ago
4 0

Answer: Public Goods

Explanation:

Here, in this particular scenario the police service used by DeVonda is referred to as the<em> public good</em>. Under the discipline of economics, the public good is referred to as the good which is non-excludable and non-rivalrous. This means that any individual will not be excluded from the utilization of the commodity and under which the usage does not tend to decrease it's availability to the other individuals. Therefore the commodity can further be adequately utilized by more than just one individual.

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Schedule of Cash Collections of Accounts Receivable OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeM
Travka [436]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales:

30% on cash

70% on account

Sales on account:

25% in the month of the sale

75% in the following month

October $133,000

November 166,000

December 243,000

The Accounts Receivable balance on September 30 was $89,000.

<u>Cash collection October:</u>

Sales on cash= 133,000*0.30= 39,900

Sales on account from October= (133,000*0.7)*0.25= 23,275

Sales on account September= 89,000

Total cash collection= $152,175

<u>Cash collection November:</u>

Sales on cash= 166,000*0.30= 49,800

Sales on account from October= (166,000*0.7)*0.25= 29,050

Sales on account October= (133,000*0.7)*0.75= 69,825

Total cash collection= $148,675

<u>Cash collection December:</u>

Sales on cash= 243,000*0.30= 72,900

Sales on account from October= (243,000*0.7)*0.25= 42,525

Sales on account October= (166,000*0.7)*0.75= 87,150

Total cash collection= $202,575

4 0
3 years ago
What are the six stages of business
BartSMP [9]

Answer:

In all, there are six distinct stages: Planning, Presence, Engagement, Formalized, Strategic, and Converged. With Planning, companies set out to create a strong foundation for strategy development, organizational alignment, resource development, and execution.

7 0
3 years ago
Under which type of economic system do workers typically work fewer hours and have access to more social benefits provided by th
Reptile [31]
Socialism is the answer you are looking for I believe.
8 0
4 years ago
An operations manager is most likely to be responsible for ________.
zysi [14]

<span>An operations manager is most likely responsible for logistics in which this is involved with the incoming flows of materials and how it goes out with the use of coordination and these materials that are evaluated are from finished products.</span>

4 0
3 years ago
Jones Manufacturing incurred fixed overhead costs of $8,000 and variable overhead costs of $4,600 to produce 1,000 gallons of li
anygoal [31]

Answer:

Jone Manufacturing

Total Overhead Variance = $2,000U.

Explanation:

Variance is the difference between budgeted and actual expense.  It is favorable when the actual is less than the budgeted amount.  It is unfavorable when the actual is more than the budgeted amount.  It is neither favorable nor unfavorable when the actual equals the budgeted amount.

Variance analysis as a budgeting tool is used to evaluate the performance of management in managing costs, relative to the activity levels.  

In Jones Manufacturing, actual and budgeted costs are calculated as follows:

Actual costs:

Fixed overhead = $8,000

Variable overhead = $4,600

Total = $12,600

Budget costs:

Fixed overhead = $10,000 (2,000 hours x $5)

Variable overhead = $4,600

Total = $14,600

Variance = budgeted overhead minus actual overhead

= $14,600 - $12,600 = $2,000U

6 0
3 years ago
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