Answer:
$10,500
Explanation:
Bee Inc.
Cash Budget for March
Budgeted Receipts $116,000
Les Budgeted Expenses ($110,000)
Net Cash $6,000
Add Budgeted Beginning Balance $35,000
Balance $41,000
Loan ($51,500 - $41,000) $10,500
therefore,
To attain its desired ending cash balance for March, the company needs to borrow $10,500
Answer:I would say the answer is B.
Explanation:
Answer: False
Explanation: Due to the fact that customers are making the videos themselves, they are likely to change their behavior which would make the information false and not accurate. Other people are not necessarily using situational observation.
Hope this helps! :)
Answer:
Total contribution margin= $210,100
Explanation:
Giving the following information:
Sales $ 413,000
Cost of goods sold (all variable) $ 169,100
Total variable selling expense $ 20,700
Total variable administrative expense $ 13,100
<u>The contribution margin is the result of deducting from sales, all variable expenses:</u>
Total contribution margin= 413,000 - 169,100 - 20,700 - 13,100
Total contribution margin= $210,100
Answer:
If this is the first time that a good is being introduced into the market or the good in question has been developed such that it is better than variants in the perfectly competitive market, it will only be sold by few firms in that market.
This shortage of supply will ensure that the price is higher than the cost of production which means that the company will be making short run positive economic profit.
With an absence of Barriers to entry in a perfectly competitive market, more companies will now be free to enter the market to sell these new goods in the long run so that they may take advantage of the positive economic profit.
This would increase the number of suppliers in the market which would reduce the price of the good till economic profits become zero.
If there were barriers to entry, the prices would remain at a point higher than costs but because other companies were able to come in, the prices reduced in the long run.
