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3 years ago

(01.02 MC)

Business

1 answer:

mart [117]3 years ago

8 0

Answer:Ob

---ways people obtain their wants with limited resources

Explanation:

Economics as defined by Lionel Robbins is the science that studies human behavior as a relationship between ends and scarce means which have alternative uses.

The economy generally is filled with people having unlimited wants but the resources( land, labour, capital and enterpreneur) to satisfying these wants are Limited and scarce . Economics studies how the society (government and businesses)use these scarce resources to satisfy or meet its unlimited wants by providing variety of goods and services from the scarce resources so that people can have choices to choose from in satisfying their limitless wants in order of preferences.

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A firm uses its weighted average cost of capital to evaluate the proposed projects for all of its varying divisions. By doing so

aliina [53]

Answer:

The answer is letter A.

Explanation:

Automatically gives preferential treatment in the allocation of funds to its riskiest division

5 0

3 years ago

Preliminary reading of _______ can help you understand the scope of an assigned topic, as well as discover a range of manageable

Daniel [21]

c. trade journals

hope this helped

5 0

3 years ago

Tamarisk Inc. had a beginning inventory of $11,700 at cost and $18,200 at retail. Net purchases were $132,188 at cost and $183,7

Agata [3.3K]

Answer: $47,736

Explanation:

GIVEN THE FOLLOWING ;

beginning inventory = $11,700 at cost

Beginning inventory =$18,200 at retail.

Net purchases= $132,188 at cost

Net purchases =$183,700 at retail

Net markups = $9,700

Net markdowns = $6,600

Sales revenue = $134,800.

Ending inventory at cost using conventional retail method ;

Cost total = beginning inventory at cost + net purchases at cost

Cost total = $(11,700 + 132,188) = $143,888

Retail total (after net markups) = beginning inventory at retail + net purchases at retail + net markups

$(18,200+183,700+9700) = $211,600

Cost-to-retail ratio ;

$(143,888 ÷ 211,600) = 0.68 = 68%

Ending inventory at retail :

$211,600-(net markdowns + sales revenue)

$211,600 - $(6600+134800)

$211,600 - $141,400 = $70,200

Ending inventory at cost = 0.68 × $70,200 = $47,736

7 0

3 years ago

Several months ago, Ayers Industries Inc. experienced a hazardous materials spill at one of its plants. As a result, the Environ

Bess [88]

Answer:

contingent liabilities are journalized when they are both probable and estimable.

EPA's fine, states it is probable it will stand.

Damage awards and fines DR $248,000

Contingent Liability-fines CR $248,000

Out of court settlement for $130,000. Although since the settlement was just reached, we would just use a payable account.

Damage awards and finesDR $130,000

Awards payable CR $130,000

The homeowner lawsuit is not thought to be a strong case, plus the amount of any actual damages is unforeseeable, therefore a journal entry would not normally be needed at all. Although those would still be disclosed to shareholders on financial statements.

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3 years ago

________________ software analyzes vast stores of historical business data that have been prepared for analysis in corporate dat

GrogVix [38]

Answer:

Data mining

Explanation:

Data mining software are programs that are used by companies to be able to process and analyze big amounts of information to find tendencies, make predictions and develop more effective strategies. According to this, the answer is that data mining software analyzes vast stores of historical business data that have been prepared for analysis in corporate data warehouses and tries to discover patterns, trends and correlations hidden in the data.

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3 years ago