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Yakvenalex [24]
3 years ago
6

Explain the four basic elements of all economic systems.

Business
1 answer:
Alekssandra [29.7K]3 years ago
6 0

Answer: They are personal consumption, business investment, government spending, and net exports.

Explanation:

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Camino’s cost of goods sold and operating expenses are 80 percent variable and 20 percent fixed. Camino has received an offer fr
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Answer: -$140000

Explanation:

Total operating expenses, = fixed costs + variable cost

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Variable cost is 80%

Therefore Total Operating expenses is $300000

When we subtract the total operating expenses (300000) from the total revenue (160000) , we get -140000.

Camino's is having a net operating loss of $140000. To make profit, they need to sell above 37500 cups

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The ___ can transfer the right to cash a check to another party by endorsing
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8 0
2 years ago
Wizard Co. purchased two machines for $250,000 each on January 2, 2005.
Vikki [24]

Answer:

B. $275,000

Explanation:

The second machine will be depreciate over time as it can later be used for operational purposes or another research projects. The first, as can only be used for a  research project It should be considered expenses for the entire amount regardless of the useful life.

Machine B useful life 10 years

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machine A 250,000 + 25,000 depreciation for machine B = 275,000 total

7 0
3 years ago
The Sit-N-Spin Corporation manufactures and assembles office chairs. Sit-N-Spin uses an activity-based costing system to allocat
Dahasolnce [82]

Answer:

Materials handling Allocation= $27.5

Explanation:

Giving the following information:

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Material Handling allocation base is: Number of parts.

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4 0
3 years ago
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