Answer: $
Retained earnings beginning balance 142,000
Net loss for the year <u>(14,000)</u>
128,000
Retained earnings ending balance <u> (122,000)</u>
Amount of dividend declared <u> 6,000</u>
Explanation: In order to calculate the amount of dividend declared, there is need to deduct the net loss for the year from retained retained earnings beginning balance. Thereafter, we also need to deduct retained earnings ending balance.
Based on the graph that shows the change in the market for bicycles, the statement that explains the graph is The demand for bicycles increased due to news about the health benefits of exercise. The market price & quantity increased.
<h3>Which statement explains the supply and demand graph?</h3>
The question is not complete as the graph is not given. However, an answer can be formulated based on the laws of demand and supply.
The most likely option to be true is that the demand for bicycles increased due to news about its health benefits and then this led to the market price and quantity increasing.
This is because the increased demand for the bicycles would have drove the prices up. This would then have inspired suppliers to produce more bicycles thereby increasing bicycle quantity as well.
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Answer:
(1) $30,000 + $12x
(2) $50x
(3) $38x - $30,000
(4) 790 CD's to break even
Explanation:
Given that,
Variable cost = $12 per CD
Fixed cost = $30,000
Selling price = $50 each
Let x be the number of CD's produced,
(1) Total cost function:
C(x) = Fixed cost + Variable cost
= $30,000 + $12x
(2) Total revenue:
R(x) = Units produced × selling price of each unit
= $50x
(3) Total profit:
P(x) = R(x) - C(x)
= $50x - ($30,000 + $12x)
= $50x - $30,000 - $12x
= $38x - $30,000
(4) Number of CD's which must be produced to break even:
Total profit = 0
$38x - $30,000 = 0
x = $30,000 ÷ $38
= 789.47 or 790 CD's to break even.
The rate of increase for these automobiles between the two time periods is 10%
<h3>What is automobiles?</h3>
Automobile is the wheeled vehicle usually having four wheels and generally used for the transportation purposes. For example :- car, buses, trucks, bike etc.
In the above case, the average cost of the automobile is $12000 in 2009 but now it has increased to $ 13200. For the calculation of the increased rate of the auto mobile following formula is used as follows:-
Increased rate = (current value -Initial value )/current value * 100
=( $13,200 - $12,000)/ $12,000 *100
=$1200/ 12000 *100
= 10%
Therefore, the rate of the increase for these automobile between 2 periods is 10%.
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Answer:
cultural Business blunder
Explanation:
from the question, we are informed about instance of Branley Before going on his first business trip to China, Bradley asked his Chinese American friend to advise him on customs and values common among the Chinese businesspeople he will likely encounter. In this case Bradley is trying to avoid cultural business blunder.
cultural blunders can be regarded as blunders that occured as a result of
inappropriate use of language among businesses when international professional are communicating or relying with each other, the misunderstanding can result in business failures and other lost. The blunder could be from the business ad as well as product names
