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spin [16.1K]
3 years ago
13

Please answer this question.

Business
1 answer:
Alex73 [517]3 years ago
4 0

Answer:

Rs 38640

Explanation:

Closing capital is the summary of transaction including current assets and long term prepaid less total liabilities as of close of business on the closing date

                           Cash        Stock     Adv.     Salary out.  creditor Capital

Opening capital    36,000                                                              36,000        

Advanced rent      (300)                     300                                    

Purchase for cash (18000)   18000

Credit purchase                    20000                               20000

Goods sold               18000    (12000)                                              6000

Salary                         (300)                                       60                    (360)

Drawings                   (3000)                                                              (3000)

                                  32400      26000     300        60    20000    38640      

Closing capital = Rs 38640

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Avia Company sells a product for $150 per unit. Variable costs are $70 per unit, and fixed costs are $1200 per month. The compan
Leya [2.2K]

Answer:

$80 per unit

Explanation:

Data provided in the question:

Per unit selling cost of the product = $150

Per unit variable cost of the product = $70

Total fixed cost per month = $1200

Now,

The unit contribution margin is calculated as:

unit contribution margin = Selling price per unit - Variable cost per unit

Thus,

unit contribution margin = $150 - $70

or

unit contribution margin = $80 per unit

Hence,

The correct answer is option $80 per unit

4 0
3 years ago
An example of a loan that tends to have a lower interest rate is a(n) __________ loan.
Setler79 [48]
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Home loan only have about 4 -5 % interest rate. Compared to other options :

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6 0
3 years ago
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What is speculative risk?
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Answer:

A speculative risk is uncertain degree of gain or loss.                                                            Every speculative risk are made as conscious choices and are not just a result of uncontrollable circumstances.

Explanation:

It's basically a conscious choice you made!

3 0
3 years ago
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The correct answers for the following questions are:

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2 years ago
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Answer:

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Explanation:

Remember what economics is when you are asked this question. Economics basically are along the lines of distribution and consumption of goods could mean internationally or it could just mean in your state. If you have a favorite snack that you like to buy from stores whenever you go to them, you buying and taking that snack is basic economics, you have a demand for that product because you like it so much, and they (owners of the snack) have a supply of that demand so you then spend money (currency) in order to get that demand or snack which is basic economics. A problem in this scenario would be you spending too much money on your favorite snack, or the supplier of that snack is having a shortage and you can't buy your favorite snack as much as you want.

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7 0
3 years ago
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