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Lilit [14]
3 years ago
5

When you purchase a new surfboard you do so in the Group of answer choices factor market. product market. input market. resource

market.
Business
2 answers:
SSSSS [86.1K]3 years ago
5 0

Answer:

input market

Explanation:

Zepler [3.9K]3 years ago
5 0

Answer: input market

Explanation:

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The following selected transactions apply to Topeca Supply for November and December Year 1. November was the first month of ope
vitfil [10]

Answer:

Note: See attached excel file for the record of the effect of the given transactions in a horizontal statements model.

In the attached excel file, we have:

Assets = Liabilities + Stockholders' Equity = $152,155

Explanation:

In the attached excel file, we have:

Sales tax payable on sales for November Year 1 = $65,500 * 9% = $5,895

Sales tax payable on sales for December Year 1 = $79,500 * 9% = $7,155

Assets = $152,155

Liabilities + Stockholders' Equity = $7,155 + $145,000 = $152,155

Therefore, the accounting equation is proved as follows:

Assets = Liabilities + Stockholders' Equity = $152,155

Download xlsx
6 0
3 years ago
Darcy climbed into the cramped front seat of the pickup truck for a ride home just as Hakeem sped by on a shiny silver motorbike
nexus9112 [7]

Answer:

.

Explanation:

4 0
2 years ago
Last year a business had fixed costs of £875,000 and revenue of 2.5 million. The business had total variable coats of 50,000 and
Tomtit [17]

Answer:

Total cost of the business = £925,000

Explanation:

Solution:

Data given:

Fixed cost = £875000

Revenue generated = 2.5 million

Total variable cost = 50,000

Units Sold = 100,000

What is the total cost of the business = ?

Formula for total cost of the business is:

Total Cost = Total Fixed Cost + (Average variable cost per unit x units produced)

Here we have, Total variable cost not the average variable cost per unit.

So,

Average variable cost per unit = Total variable cost/ units produced

Average variable cost per unit = 50,000/100,000

Average variable cost per unit = 1/2 = £0.5 per unit.

Now,

Total cost of the business = Total Fixed Cost + (Average variable cost per unit x units produced)

Let's plug in the values.

Total cost of the business = 875,000 + (0.5 x 100,000)

Total cost of the business = £925,000

6 0
3 years ago
Which of the following statements does not apply to a market economy? a. Firms decide whom to hire and what to produce. b. The "
Semenov [28]

Answer:

D. Government Policies are the primary forces that guide decisions of firms and households .

Explanation:

Market Economy has factors of production owned , controlled & opereated by private sector . There is entire private ownership , with profit maximisation goal . All production , consumption & distribution takes place on basis of pure market forces - (demand & supply) . It is also called Capitalist Economy .

As mentioned : a) Hiring , Production decisions taken by independent private firms b) The free market 'Invisible Hand' guides self & social welfare c) Households take labour supply & goods consumption decisions  - All these decisions taken independently by private producers & personal consumers , unintervened by government

D) Government policies guiding firms & households decision is not applicable to Market Economy , since there is no government intervention in this type of economy .

7 0
3 years ago
A company constructs a building for its own use. Construction began on January 1 and ended on December 30. The expenditures for
Alenkasestr [34]

Answer:

total capitalized interests = $118,300

Explanation:

Weighted average expenditures:

January 1 = $660,000 x 12/12 = $660,000

March 31 = $760,000 x 9/12 = $570,000

June 30 = $560,000 x 6/12 = $280,000

October 30 = $1,080,000 x 2/12 = $180,000

total weighted expenditures = $1,690,000

weighted interest rate:

$2,000,000 x 9% = $180,000

$4,000,000 x 6% = $240,000

total = $420,000 / $6,000,000 = 7%

capitalized interest:

$1,020,000 x 7% = $71,400

($1,690,000 - $1,020,000) x 8.8% = $46,900

total capitalized interests = $118,300

8 0
2 years ago
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