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4 years ago

Most resources have only one possible use. True or False?

Business

2 answers:

Fittoniya [83]4 years ago

7 0

False. Many resources can be refined to do multiple things, not just one singular use.

Pachacha [2.7K]4 years ago

5 0

I myself think false

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A company purchased $400 of office supplies on account during May. All the supplies were used in May, and the account was paid d

rusak2 [61]

Answer:

What would the impact of these transactions be during May on

(1) the balance of cash NO EFFECT, the account balance was not paid in May

(2) cash-basis net income: NO EFFECT, the account balance was not paid in May

(3) accrual-basis net income: DECREASE, even though the debt was not paid, the expense had already been recognized, therefore, the accrual-basis net income decreases

5 0

3 years ago

What is the relationship between gold standard and the concept of representative money?

ANTONII [103]

<span>It is the value of the gold that backs the value of representative money.</span>

5 0

3 years ago

The economic interdependence among nations is often measured by their ___________.

Andrew [12]

The economic interdependence among nations is often measured by their openness.

What is economic interdependence?

The term "economic interdependence" refers to a measurement of the value of economic exchanges between two nations or between a nation and the rest of the globe, sometimes scaled to total national production or some other indicator of total financial assets. Globalization is one of the effects of economic interconnectedness. Each country's economy is at this point reliant on the supply of goods from other countries. For instance, China is currently a major supplier of goods to the United States.

Therefore,

The economic interdependence among nations is often measured by their openness.
To learn more about economic interdependence from the given link:

brainly.com/question/27693450

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7 0

1 year ago

Byrd Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under

Ann [662]

Answer:

A. EPS for plan 1 is $1.29 and EPS for plan 2 is $1.15

B. EPS for plan 1 is $2.90 and EPS for plan 2 is $3.53

C. Break even EBIT is $247,380 and EPS = $1.60

Explanation:

EPS = Earnings per share = Earnings before tax (EBT) divided by outstanding common stock.

Plan 1

EPS = 200,000 divided by 155,000 = $1.29 per share.

Plan 2

EPS = (EBIT - interest ) all divided by common stock

EPS = ($200,000 - ($1,330,000 x 6%)) / 105,000

= $1.15 per share

Plan 1

EPS = 450,000 divided by 155,000 = $2.90 per share.

Plan 2

EPS = (EBIT - interest ) all divided by common stock

EPS = ($450,000 - ($1,330,000 x 6%)) / 105,000

= $3.53 per share

Break even EBIT is when

EPS (plan 1) = EPS (plan 2)

If we represent the EBIT with ?

? / 155,000 = (? - ($1,330,000 x 6%)) / 105,000

? = $247,380

EPS = $1.60

3 0

3 years ago

If a monopolistically competitive firm's marginal cost increases, then in order to maximize profits, the firm will:

Serjik [45]

Answer:

A. reduce output and increase price.

Explanation:

In the case of monopolistic firm at the time of profit maximization, the marginal revenue should be equivalent to the marginal cost i.e.

Marginal revenue = Marginal cost

When the marginal cost rises, the cost of generating an additional unit is also rise to equate MR and MC and at the same time the output would be decreased and the price is increased also the price is more than its marginal cos

Therefore the option A is correct

7 0

3 years ago