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3 years ago

In your opinion, what is the most important factor affecting the demand for sports and entertainment commodities?

Business

1 answer:

il63 [147K]3 years ago

7 0

Answer:

Explanation:price of the commodity

price of related goods

income if the consumer

taste and preference

exceptation of change of price

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What is the SWOT(strength,weakness,opportunity, threats) for empty malls in malaysia?

Levart [38]

......................

6 0

3 years ago

Chamonix Chateau Rentals. You are planning a ski vacation to Mt. Blanc in Chamonix, France, one year from now. You are negotiati

nata0808 [166]

Answer:

The budgeted $ amount is $13,680.88

Explanation:

The purchasing power parity formula gives us an idea what an exchange spot rate would be in future period using the below formula:

Future spot rate=current spot rate*(1+US inflation)/(1+French inflation)

current spot rate=$1.3620

US inflation rate is 2.50%

French inflation is 3.50%

Future spot rate=$1.3620*(1+2.5%)/(1+3.5%)

future spot rate=$1.3488

The weekly cost of vacation would also be adjusted for inflation rate in France as follows:

Adjusted price=9800*(1+3.5%)=10143

Hence the cost of the one week rental would be 10143 multiplied by the future spot exchange rate of 1.3488 i.e $ 13,680.88 (10143*1.3488)

7 0

3 years ago

Beckronski Company has the following information available for the month of March: Units Transferred- in Costs Direct Material

storchak [24]

Answer:

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Units Cost for Direct Materials= $52,000 /230= $ 226.086

Explanation:

Beckronski Company

Units Transferred- in Costs

Direct Mat Conversion Costs WIP inventory

March 1 240 $33,600 0 $18,000

Percent complete 100% 0% 62.5%

Equivalent Units 240 - 150

Transferred in

March 400

Equivalent Units 400 400 400

Mar 31 WIP inventory, 200

*Percent complete 100% 0% 80%

Equivalent Units 400 - 320

Weighted Average Cost Method = Beg. Inv Equiv. Units + Units Transferred in Less Ending Inventory Equivalent Units

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Conversion Costs Equivalent Unit Weighted Average Cost Method=

0+ 400-0= 400

Work In Process Equivalent Unit Weighted Average Cost Method=

150+ 400-320= 230

Costs added in March $52,000 $13,200 $48,600

Units Cost for Direct Materials= $52,000 /230= $ 226.086

4 0

3 years ago

At January 1, 2017, Benny Enterprises reported a balance in the Equipment account of $45,000. During the year the company purcha

zhannawk [14.2K]

Answer:

$4,000

Explanation:

The operating activities records daily activities of a business entity transactions such as depreciation expense, loss or profit on sale of long term assets, change in working capital etc.

With regards to the above scenario, there is a loss of $4,000 on the sale of equipment whilst same was recorded under the operating activity section as positive.

It is to be noted that the sale and equipment of an equipment falls under investing activity section hence shod be recorded therein as such, reason it was not considered here.

6 0

3 years ago

The revenue recognition principle says Question 2 options: A) divide time into annual periods to measure revenue properly. B) re

lisov135 [29]

Answer:

The correct answer is letter "B": record revenue only after you have earned it.

Explanation:

Revenue Recognition is an accounting term that describes how and when a company reports revenue in its ledger. It is also part of the Generally Accepted Accounting Principles (GAAP). Using the accrual accounting method, revenue must be recorded when it is earned not when the company collects the cash proceeding.

7 0

3 years ago