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krok68 [10]
3 years ago
7

Can someone plz answer I got a bunch of work to do and if I don't finish I'll fail my freshman yr

Business
1 answer:
Assoli18 [71]3 years ago
3 0
Wow, That's tough..... I'll help. 1, A. Income.  2, D. Soil.  3, D. Resources. I hope this helped. :)
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The best mechanisms known today for efficiently providing goods and services are:
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The cant Understand It sorry
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4 0
3 years ago
Deere is a global manufacturer and distributor of agricultural, construction, and forestry equipment. Suppose it reported the fo
Sveta_85 [38]

Answer:

5.95

Explanation:

Deere inventory turnover for 2017 ratio is:

Formula for Inventory Turnover Ratio= Cost of Goods sold / Average Inventory

Where Average Inventory = (Previous Inventory + Current Inventory) / 2

= ($2,267 + $2,999) / 2

=$5,266 / 2

=$2,633

Average Inventory = $2,633

Therefore, Inventory Turnover Ratio =  $15,661 / $2,633 = 5.9479 = 5.95

Deere Inventory Turnover for 2017 Ratio is  5.95.

7 0
3 years ago
CC’s is analyzing a proposed project with anticipated sales of 3,620 units, give or take 5 percent at a sales price of $24, plus
eimsori [14]

Answer:

The total variable cost will be $ 16 * 3620= $ 57920

Explanation:

CC

Analyzing Proposed Project

<u>                                           Given                1                     2                3</u>

Variable Increase            ----                   10%                 9.125%      9.125%

<u>Fixed Decreased                                                                                6.97%   </u>            

Sales price per unit        $24           $24                    $24             $24

Variable price per unit    $ 14.6       $16.06               $ 16             $ 16

Fixed Costs                    $ 12900      12900               $ 12900      $ 12000

Sales Volume               3620            3620                   3620          3620

We have taken the sale prices constant and changed the variable costs and fixed costs.

CC

Sensitivity Analysis Report

                              Given              1                       2                   3

Sales                   86880             86880         86880        86880    

Variable Costs    52852            58137.2      57920          57920

Contribution Margin 34028      28742.8      28960          28960

<u>Fixed Costs              12900        12900         12900            12000   </u>

<u>Operating Profit       21128          15482.8      16060          16960</u>

Dollar Change in

<u>Variable Expenses                        5645.2       5068         5068     </u>

<u />

<u>The total variable cost will be $ 16 * 3620= $ 57920</u>

5 0
3 years ago
Patton has acquired several other companies. Assume that Patton purchased Kate for $ 6 comma 000 comma 000 cash. The book value
ruslelena [56]

Answer:

1. $2,000,000

2. <u>Accounting Entry</u>

<em>Assets $17,000,000 (debit)</em>

<em>Goodwill $2,000,000 (debit)</em>

<em>Liabilities $13,000,000 (credit)</em>

<em>Investment in Kate $6,000,000 (credit)</em>

Explanation:

The Acquisition of Kate must be done at the fair value of Assets and Liabilities at the acquisition date instead of book values.

Goodwill is the excess of the Purchases Price over the Net Identifiable assets acquired.

<u>Calculation of Goodwill :</u>

Purchase Price                                                     $6,000,000

Less Net Identifiable Assets

Assets at Fair Value                  $17,000,000

Less Liabilities at Fair Value    ($13,000,000)   ($4,000,000)

Goodwill                                                                $2,000,000

<u>Accounting Entry</u>

Assets $17,000,000 (debit)

Goodwill $2,000,000 (debit)

Liabilities $13,000,000 (credit)

Investment in Kate $6,000,000 (credit)

4 0
3 years ago
Suppose a person's utility is only a function of their consumption of diet soda and they do not care which brand, diet coke (dc)
Lera25 [3.4K]

Answer: b). falls from a positive amount to another positive amount

Explanation: Given that diet coke and diet pepsi give the consumer equal level of satisfaction. Diet coke and diet pepsi are substitutes, since, the consumer does not care about consuming diet pepsi and diet coke.  For substitute goods the consumer will buy the cheapest of the two. When pdc (price of diet coke) rises but it remains less than pdp(price of diet pepsi) then the consumption of dc will decrease but it will still be above the consumption of dp. Since it is still relatively less expensive than diet pepsi. So the consumer will buy diet coke than diet pepsi, which means consumption of diet coke, dc falls from one positive amount to another positive amount.

8 0
3 years ago
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