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3 years ago

Directions: Identify the words being describe in the sentences. Choose your answer in the box.

Business

1 answer:

lozanna [386]3 years ago

5 0

Answer:

In the first quadrant you start at 2, 6 and move 2 units right and 3 units down what point will you end up on?

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Between 1870 and 1900, the number of children younger than 16 working for wages rose from 700,000 to

zalisa [80]

Not only hazard but child labor rise steeply. Between 1870 and 1900 the number of children – typically under 16 and paid a portion of what adults made – grow from 700,000 to over 1.7 million. But why industrial workplaces were so unsafe because there were insufficient laws that required welfare be measured in the workplace, so most bosses decided that it was needless to implement preemptive measures.

4 0

3 years ago

Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is

VikaD [51]

Answer:

The straight line depreciation for the first year is $24000

Explanation:

The straight line method of depreciation charges/allocates a constant amount of depreciation through out the useful life of the asset. The straight line depreciation expense for the year is calculated as follows,

Straight line depreciation = (Cost - Salvage Value) / Estimated useful life

Straight line depreciation = (135000 - 15000) / 5 = $24000 per year

Thus, the amount of depreciation for first year under straight line method is $24000

7 0

3 years ago

Victoria Enterprises has $1.6 million of accounts receivable. The company's DSO is 40, its current assets are $2.5 million, and

astraxan [27]

Answer:

1.26

Explanation:

Current ratio=1.5

DSO=40

DSO=Net sales/Average Accounts receivable

40=(Average Accounts receivable/Net sales)*365

1,600,000/(40/365)=Net sales

Net sales=$14,600,000

Revised DSO=30

(30/365)=Average Accounts Receivable-revised/$14,600,000

Average Accounts Receivable-revised=$1,200,000

Current Assets-Old Receivables+New Receivables= $2,500,000-1,600,000+1,200,000=$2,100,000

Current liabilities=2,500,000/1.5

Current liabilities=$1,666,667

Revised current ratio=$2,100,000/1,666,667

Revised Current ratio=1.26

8 0

4 years ago

_________________ is the method used to determine the number of units a firm must sell at a specific price to cover all costs.

user100 [1]

The correct answer for the question that is being presented above is this one: "Breakeven analysis."Breakeven analysis is the method used to determine the number of units a firm must sell at a specific price to cover all costs. It also refers to method that is <span>used to determine when your business will be able to cover all its expenses and begin to make a profit. </span>

6 0

3 years ago

The following information pertains to Nova Co.'s cost-volume-profit relationships:

vitfil [10]

Answer: $150

Explanation:

Breakeven point in units sold = 2,000

Variable expenses per unit = 500

Total fixed expenses = $150,000

The break even in units is calculated as:

= Fixed Cost / Contribution per Unit

Therefore,

1000 = 150000/ Contribution per unit

Contribution per Unit will now be:

= 150000 / 1000

= 150

It should be noted that after the break even point, every unit sold will lead to an increase in the contribution per unit to the net operating income. Therefore, the amount that'll be contributed to net operating income by the 2,001st unit sold is $150.

4 0

3 years ago