1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Darya [45]
3 years ago
13

HIGH SCHOOL

Business
1 answer:
sattari [20]3 years ago
7 0
C. Your charging less for the same thing as your component they’re spending less money but your making more because more people will come to your location
You might be interested in
Concord Company purchased a new machine on October 1, 2020, at a cost of $115,900. The company estimated that the machine will h
Kazeer [188]

Answer:

$4,870.5

Explanation:

Annual Depreciation Expense:

= [(Cost - Salvage Value) × Machine Usage in 2020] ÷ Total Estimated Working Hours

Depreciation Expense for 2020 (for 3 months only - October to December):

= [($115,900 - $13,900) × 1,910] ÷ (10,000) × (3/12)

= ($102,000 × 1,910) ÷ (10,000) × (1/4)

= $19,482 × (1/4)

= $4,870.5

Notes:

Depreciation will be calculated for only 3 months since the asset has been acquired on 1st October 2020.

7 0
3 years ago
Where must all laws dealing with money originate why?
Mama L [17]
I am sorry I dont know.
8 0
3 years ago
Which investment option has the highest risk ?
Flauer [41]
Buying is the highest risk investment because the outcome is unknown and you have to take a gamble.
8 0
2 years ago
What effect might the government have on​ oligopolies? In​ oligopolies, the government might A. promote competition with a paten
fenix001 [56]

Answer:

C. impose barriers to entry with a​ copyright, which allows only the government to supply a good or service.

Explanation:

  • The oligopolies is a market or industry where there exist small but large sellers and hence form an market competition and hence lead to higher prices to the consumers. As they have their market structures. Entry barriers include high investment and strong consumer liabilities.'
  • Thus governments can set barriers to entry of these firm as to market only those goods and services that the government recommend fit for the sales
3 0
3 years ago
Use the following information for exercises 15 to 18 LO P2 The following information applies to the questions displayed below] O
Mrrafil [7]

Answer:

            Ernst Consulting

             Balance Sheet

For the Month Ended October 31, 202x

Assets:

Cash $12,650

Accounts receivable $12,800

Office supplies $2,850

Office equipment $17,530

Land $45,940

Total assets $91,770

Liabilities and stockholders' equity:

Accounts payable $8,110

Common Stock $83,540

Retained earnings $120

Total liabilities and stockholders' equity $91,770

Explanation:

I ordered the accounts and included a couple that were missing:

  • Cash 12,650
  • Accounts receivable 12,800
  • Consulting revenue 12,800
  • office supplies 2,850
  • Land 45,940
  • office equipment 17,530
  • Accounts payable 8,110
  • Cash dividends 1,570  
  • Common Stock 83,540
  • Rent expense 3,110
  • Salaries expense 6,490
  • Telephone expense 850
  • Miscellaneous expenses 660

First we need to determine net profit for the month:

Consulting revenue 12,800

Salaries expense -6,490

Rent expense -3,110

Telephone expense -850

Miscellaneous expenses -660

net profit = $1,690

retained earnings = net profit - dividends distributed = $1,690 - $1,570 = $120

7 0
3 years ago
Other questions:
  • The equal credit opportunity act (ecoa) makes it illegal for lenders to refuse credit to or otherwise discriminate against which
    10·1 answer
  • On October 31, Year 1, A company general ledger shows a checking account balance of $8,415. The company’s cash receipts for the
    12·1 answer
  • What are the disadvantages of journal entry​
    12·1 answer
  • Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000. Paid $89,000 cash for a n
    13·1 answer
  • The company's adjusted trial balance includes the following account balances cash is 15000 equipment is 85000 accumulated deprec
    12·1 answer
  • According to the chart, the three fastest growing career areas include
    12·1 answer
  • If Joey joins the military, he can learn different skills that could be useful in his later career.
    14·2 answers
  • In a period of steep increases in interest rates, which issuer is most likely to be negatively affected
    15·1 answer
  • Good Work Week at Allstate helps employees prepare for future challenges and responsibilities both at work and in their personal
    5·1 answer
  • leadership has many facets, but the central feature of leadership is the ability to command and control others.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!