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lys-0071 [83]
3 years ago
7

Payments from customers received before performing services for the customers are recorded as

Business
1 answer:
Radda [10]3 years ago
7 0
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You and two partners start a company. However, your partners play no role in running the company. You spend all your time managi
GalinKa [24]

Answer:

The correct answer is letter "D": Opportunity cost.

Explanation:

Opportunity cost is described as the return of the choice selected over the potential return that could have been obtained from the choice left  behind. It represents the return of the option chosen compared to the choice forgone. Opportunity costs is also defined as the return of the best next available option.

4 0
3 years ago
A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month,
olga nikolaevna [1]

Answer:

Direct Material Price Variance = $300 Favorable

Explanation:

Direct Material Price Variance = (Standard Price - Actual Price) \times Actual Quantity

Standard Price = $4 per pound

Actual Price = \frac{Actual\ Cost}{Actual\ Units} = \frac{5,700}{1,500} = 3.8

Since the actual price is less than the standard price the variance will be favorable as the amount paid for actual use is less then the estimated standard cost.

Thus, direct material price variance = ($4 - $3.8) \times 1,500

= $300 Favorable

7 0
2 years ago
The Red Bud Co. pays a constant dividend of $2.00 a share. The company announced today that it will continue to do this for anot
kiruha [24]

Answer:

<u>Share of this stock worth today if the required rate of return is 7.6 percent is $3.59</u>

Explanation:

stock worth today = 2/1.076 + 2/1.076^2

stock worth today = $ 3.59

4 0
3 years ago
According to the u.s. census, the multigenerational household has increased more than a third between 1990 and 2000, and represe
mixas84 [53]
According to the u.s. census, the multi generational household has increased more than a third between 1990 and 2000, and represents 4.8% of all households in america. A multi generational household is a household that consist of more than two generation living in the same roof. For example, a household that consist of the householder, the child, and the grandparents or the householder parents<span>.</span>
3 0
3 years ago
Patricia is the owner of a floral shop. a successful global candle company approached her about selling its products in her shop
Tema [17]
What could mean above is that the events that is happening to Patricia's life is an opportunity. It is an opportunity for it enables a person to do the things he or she wants with the circumstances that has been given to him or her. It could be described in the scenario above as a global company approach her into selling her products to their shop in which it could make her reach the goal that she has always wanted.
5 0
2 years ago
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