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amid [387]
3 years ago
11

A question that can be answered by observing and analyzing the world as it is known:

Business
1 answer:
gizmo_the_mogwai [7]3 years ago
5 0
Empirical Question is a question that can be answered by observing and analyzing the world as it is known:
You might be interested in
A sole proprietorship that began business's May 1, 2018, incurred $9000 of startup expenses. If the business elects to report th
labwork [276]

Answer:

Option (C) $178

Explanation:

Data provided in the question:

Startup expense incurred by the business = $9,000

Now,

The start-up costs and organizational expenses are deducted over a time period of 180 months

also,

$5,000 can be deducted in the first year by the startup expense.

Therefore,

Amortization amount reported as a "other expense" on Schedule C per month

= [ Startup expense - $5,000 ] ÷ 180

= [ $9,000 - $5,000 ] ÷180 = $22.22

for the year = $22.22 × Number of months left in the year from May

= $22.22 × 8

= 177.78 ≈ $178

Hence,

Option (C) $178

3 0
3 years ago
Which of the following statements is true​?
stich3 [128]

Answer:

The correct answer is option C.

Explanation:

A monopolistic competitive firm has a downward sloping demand curve. Such a firm is a price maker. It decides price and output through the interaction of the marginal revenue and marginal cost.

The marginal revenue is the change in revenue because of selling an additional output. At high prices, the marginal revenue will be positive while at low prices it will be negative.

4 0
3 years ago
In this module, we say a "good" money burn means you have spent money wisely. A "bad" money burn means you have spent money you
LekaFEV [45]

Answer:

D. You shop around and buy a pair of the exact same designer jeans at a thrift shop, and they cost virtually nothing.

Explanation:

Good money burn refers to the effective use of money, rather than just spending it on some useless stuff.

Here in the given instance the following is the explanation for the given instance:

Option A states that the jeans is just bought for completing the desire, it does not have any difference in the product even if the product can be bought on sale after some days.

Option B is still better than the first day.

Further in option c buying the jeans without any label might not be a good decision as it might have poor quality.

Option D is the best as it is the same jeans but at the least possible cost.

6 0
3 years ago
The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals
vivado [14]

Answer:

False

Explanation:

The formula for equivalent units units as follows:

Opening Work in Process + Equivalent units on which the work is done - Closing Work in process = Units Transferred

Therefore, ideally,

Opening work in process - Closing work in process = Units transferred - Equivalent units on which work is done.

As adding all the cost incurred during the period to opening inventory of work in process, we get the total cost for the period, thereafter, deducting the cost allocated to closing work in process we get the value of goods produced and transferred.

<u>Therefore, above statement is false.</u>

8 0
3 years ago
Majestic Manufacturing sold Jordans Furniture a living room set for an $8,550 list price with 40% trade discount. The $125 freig
Ira Lisetskai [31]

Very last price of dwelling room set = net cost + Freight = ($8,560*80%*ninety nine%) + $a hundred thirty= $6,909.fifty two

"At a reduction" is a word used to describe the practice of promoting shares, or other securities, underneath their modern-day marketplace price, similar to a sale of products at a retail status quo.

A trade discount is a quantity by means of which a producer reduces the retail charge of a product whilst it sells to a reseller, in place of to the give-up consumer.

An exchange discount is a subtraction from the list rate of the goods, allowed through the dealer to the customer at an agreed price. On the opposite, a coins cut price is a discount allowed to the client, whilst he/she makes coins payment of the goods bought, within the stipulated time.

Learn more about trade discount here: brainly.com/question/26588985

#SPJ4

4 0
1 year ago
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