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eduard
3 years ago
5

What was the opening price of Coca-Cola on Jan 1, 1962?

Business
2 answers:
Helen [10]3 years ago
8 0

Answer:

6.5 oz glass

Explanation:

a pharmacist and former confederate soldier produced the first Coca cola syrup on May 1886. Although most soda fountain drinks cost seven or eight cents at the time(for a 6.5 oz glass)

agasfer [191]3 years ago
3 0

Answer:

I'm not 100 %sure but but I think 49 cents

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What would best explain why the equilibrium price of pink salmon decreased and the equilibrium quantity increased?
11Alexandr11 [23.1K]

The boom in delivery was greater than the lower in demand.

Each growth in supply and reduction in demand effects in price fall. but, when the delivery will increase plenty greater than lower in demand the equilibrium amount is certain to boom as well.

Here is the way to locate the equilibrium rate of a product:

1. Use the supply function for quantity. you operate the delivery system, Qs = x + YP, to find the supply line algebraically or on a graph. ...

2. Use the call for characteristic for quantity. ...

3. Set the 2 quantities identical in terms of rate. ...

remedy for the equilibrium price.

Learn more about Equilibrium quantity here

brainly.com/question/22569960

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5 0
1 year ago
Mike started a calendar year business on September 1st of this year by paying 12 months rent on his shop at $1,000 per month. Wh
solong [7]

Answer:

C. $12,000 under the cash method and $4,000 under the accrual method

Explanation:

Under the cash basis of accounting, whenever an amount is received or paid, it is recognized in the books of accounts

Whereas, on the accrual basis of accounting, the cash received / payment or not it is recognized in the books of accounts. It is recorded when it is earned not when it is received or paid.  

So, by this above information

The cash method would recognize $12,000 ($1,000 × 12 months)

Whereas

The accrual method would recognize $4,000 ($1,000 × 4 months)

We assume the books are closed on December, 31

8 0
3 years ago
A company purchased $6,500 of merchandise on May 1 with terms of 2/10, net 30. On May 6, it returned $500 of that merchandise. O
viktelen [127]

Answer:

The cash paid on May 8 is: $5,880

Explanation:

Credit terms of 2/10, net 30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

The company purchased $6,500 of merchandise on May 1. On May 6, it returned $500 of that merchandise.

The balance owed for merchandise = $6,500 - $500 = $6,000

On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to.

The company took the appropriate discount:

2% x $6,000 = $120

The cash paid = $6,000 - $120 = $5,880

5 0
3 years ago
The Food and Drug Administration (FDA) announced yesterday that they would approve a new cancer-fighting drug from Pharma Compan
Julli [10]

Answer:

the approval was already anticipated by the market

Explanation:

This abnormal return of 0% suggests that the approval was already anticipated by the market. Meaning that the price of the Pharma company's stock had already been affected by the speculation previously and when the FDA made the announcement investors had already made their move in the market with regards to Pharma's stock. Thus causing no further move and a return of 0% to occur.

5 0
3 years ago
Pasadena Candle Inc. budgeted production of 730,000 candles for the January. Wax is required to produce a candle. Assume 11 ounc
Temka [501]

Answer:

696,325 Pounds

Explanation:

The computation of the direct material purchase budget is given below:

Here we assume that

one pound = 16 ounces

Now total wax needed is

= Production of Finished Goods × Pounds of wax needed for production

= 730,000 candles × 11 ÷ 16

= 501,875 pounds

Now

Total direct material purchased  = (Total Wax needed +  Ending Inventory, Jan.31 - opening inventory) × unit price

= (490,625 Pounds + 12,900 pounds - 17,400 pounds) × $1.40 per pound

= 696,325 Pounds

4 0
3 years ago
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