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Reil [10]
3 years ago
6

You need to buy some chicken for dinner tonight. you found an ad showing that the store across town has it on sale for $3.29 a p

ound, which is cheaper than your usual neighborhood store, which sells it for $3.49 a pound. is it worth the extra drive?
Business
2 answers:
Elena-2011 [213]3 years ago
8 0

Answer: The answer is probably not.

Explanation: The first thing that you need to do is identify how much chicken you will purchase for dinner. For this problem we are going to estimate that you will purchase five pounds of chicken. The chicken on the other side of town is on sale for .20/lb less than your normal store. In order to calculate the amount of savings you need to multiply 5 pounds x .20 savings = $1.00 savings for 5 pounds of chicken.

Now, knowing that you will save $1.00, you need to analyze the benefit to see if it is worth it for you to drive across town to purchase chicken. If you believe that the extra cost of transportation and your time to travel there is worth more than $1.00 then it is not worth the extra drive to save the 20 cents per pound.

xxTIMURxx [149]3 years ago
3 0
Yes, it's 20c cheaper than your neighborhood store.
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Cadets at West Point spend time during the summer learning about the branches of the Army like aviation, infantry, ordnance, fin
vovikov84 [41]

Answer:

b. rotation

Explanation:

  • correct answer is rotation because Job rotation is a management approach where employees are regularly moved between two or more tasks or jobs to expose them to all work areas of the company.
  • This is a pre-planned approach aimed at testing the skills and capabilities of employees so that they can be implemented. In addition, it reduces the change of job and gives them a broader experience and helps them gain more insight.
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8 0
3 years ago
Se the following account balances from the adjusted trial balance of Gees Catering:
S_A_V [24]

Answer:

The amount that Gees Consulting would report as the ending balance in the R. Gees, Capital account at the end of the year is $8,000

Explanation:

For computing the ending balance of capital account, first, we have to compute the net income or loss which is shown below:

Net income/loss = Fees revenue - salary expense - rent expense - supplies expense

= $10,000 - $7,000 - $6,000 - $6,000

= ($19,000)

Now the ending balance would be

= Opening capital - net loss -  drawings

= $18,000 - $9,000 - $1,000

= $8,000

8 0
3 years ago
Review each of the investment opportunities provided by Earll Investments and Pima Financial Trading. In at least two to three p
irga5000 [103]

Answer:

Investment Opportunity 1 has a few risks.Though it invests in stocks, it makes consistent profits. It lacks volatility because managers carefully select stocks with long-term earning potential. Investment Opportunity 2 risks are related to changing interest rates, which can cause bonds to make less money for bondholders. Also, it may be affected by inflation, and it carries the risk of default: if a city or county government fails to make its bond payments, then the bondholder loses money. Both companies tell you the risks, and they have the same level of it. Investment Opportunity 1 has three documents to illustrate the fund’s risks and returns over the past five years.The first graph lists how a hypothetical investment of $10,000 fared over those five years. The second graph lists an overall earnings percentage for four different earnings periods. The final graphic shows how the company rates the level of risk. Investment Opportunity 2 also provided three documents to illustrate the fund’s risks and returns over the past five years. The first graph lists how a hypothetical investment of $10,000 fared over those five years. The second graph lists an overall earnings percentage for four different earnings periods. The final graphic shows how the company rates the level of risk. Both say the potential returns of each investment, but investment opportunity 1 hypothetical investment of $10,000 fared over those five years is not as steady as investment opportunity 2. Investment Opportunity 2 is the fraudulent one because its percentage of return is better than investment opportunity 1. Both are with large companies that are almost just alike but investment opportunity 2 has a better rates of return. The first one serves thousands of customers and specializes in managing stocks and mutual funds. The second firm serves thousands of customers, and it specializes in managing mutual funds that invest in bonds.

Explanation: Hope this helps this is what I used for <u>Edge 2020</u> ^-^. Also I do not take credit for this answer, but I feel like this is a very well and detailed answer.

7 0
3 years ago
Airline Accessories has the following current assets: cash, $99 million; receivables, $91 million; inventory, $179 million; and
VikaD [51]

Answer:

3.10; 1.53

Explanation:

Total  Current Assets:

= Cash + Receivables + Inventory + Other Current Assets

= $99 + $91 + $179 + $15

= $384 million

Total Current Liabilities:

= Accounts Payable + current portion of long-term debt

= $92 + $32

= $124 million

Current Ratio:

= Total Current Assets ÷ Total Current Liabilities

= $ 384 ÷ $ 124

= 3.10

Acid Test Ratio:

= (Cash + Accounts Receivables ) ÷ Current Liabilities

= $(99 + 91) ÷ $124

= 1.53

7 0
3 years ago
The difference between the revenues taken in by a business and the costs of operating the business is called
pashok25 [27]
Profits & Losses (Profits are plus amounts and losses are negative amounts)
3 0
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