Answer: Cash for $180
Explanation:
The Petty Cash balance should be at a certain level necessary to cover petty cash expenses of the company. In this case that amount is $200. $20 is already in cash in the account and so will need to be topped up to get to $200.
= 200 - 20
= $180
$180 will take the balance back to $200. The Cash account would be credited of this $200 and the Petty Cash would be debited.
Answer: d. Gen Xers prize self-sufficiency and are pragmatic.
Explanation:
Gen Xers prize self-sufficiency and are pragmatic. Gen Xers prices are self sufficient that they need no external aid and they are realistic.
Relationship of the firm to other economic agents.
Explanation:
Economics is a branch of social science where it shows the relation between the firm as well as other economic agents. The economic agents can interact individually as well as in an aggregate way. An economic agent is referred to as decision maker that can effect the economy at the time of selling, producing, buying. The various examples of economic agents are firm, households, individuals as well as business.
In this context NYC is a firm and the rent guideline boards as well as the landlords are various economic agents. In this context a relationship is shown between the firm and the economic agents.
Answer:
The local city council passes a law that establishes a maximum rent for apartments in your city. Which of the following is likely to happen?
Demand for cheap apartments will increase
Explanation:
When there is maximum price set aside for a good or services, the demand for lower goods would be increased. From the analogy above, since the maximum rent as been set aside, then the demand for cheap apartments will increase as a result of the decision because people would prefer lower prices
Answer:
$11
Explanation:
Calculation for how much more profit (loss) that the company make.
Combined final sales value $148
($50+ $98)
Less: costs of producing the end products
Cost of sugar beets ($73)
Cost of crushing ($17)
Combined costs of further processing ($47)
($20+ $27)
Total costs of producing the end products ($137)
Profit (loss) $ 11
($148-$137)
Therefore how much more profit (loss) that the company make by processing one batch of sugar beets into the end products industrial fiber and refined sugar will be $11
