Answer: A. Fewer new businesses were started in 2010 than in other years
Explanation:
Answer:
$32,550
Explanation:
LIFO means last in first out. It means that it is the last purchased inventories are the first to be sold.
Total inventory = 2,300 + 2,400 = 4,700
Ending inventory = 4700 - 2600 = 2,100
The ending inventory would be the first purchased inventory
Ending inventory = 2100 x $15.50 = $32,550
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Answer:
Dorsett's net operating loss for Year 8 is $41,800.
Explanation:
From the question, we have:
Amount by which deductions exceeding gross income = $56,800
Net operating loss deduction (carryover from Year 7) = $15,000
Dividends received deduction = $6,800
In order to calculate Dorsett's net operating loss for Year 8, the dividends received deduction of $6,800 has to be fully allowed but the net operating loss deduction (carryover from Year 7) of $15,000 wouldn't be not allowed.
Therefore, we have:
Dorsett's net operating loss for Year 8 = Amount by which deductions exceeding gross income - Net operating loss deduction (carryover from Year 7) = $56,800 - $15,000 = $41,800
Answer:
C) 4 bags of pretzels per day but no more.
Explanation:
Let x represent the amount of pretzels bought and let y represent the amount of seafood bought.
Since Quincy allows himself to spend no more than 14 dollars a day on food, hence:
x + 2y ≤ 14 (1)
He also restricts his consumption to 3,400 calories per day, hence:
600x + 200y ≤ 3400 (2)
Also, x, y > 0 (3)
Plotting the constraints of equation, 1, 2 and 3 using geogebra online graphing tool
From the graph, the point that satisfy this equation is (4, 5). That is 4 pretzels and 5 seafood.
This means that he can consume 4 bags of pretzels per day but no more.
In a free market system, decisions about what and how much is produced are made by the producer.
<h3 /><h3>What is a Market?</h3>
A market is a place where buyer and seller. They exchange goods and services, for a barter or for an agreed price.
Free market system is a type of market which is ideal for the seller, as there is less intervention by the government, also the property is private, the seller have the choice to make decisions. There is competition also which makes it an ideal market for the buyer too.
The autonomy is with the seller about setting the prices and other business matters which enables good interest and motivation for the seller/ the owner of the business/ the participant in the free market.
In a free market it is the choice of the producer to take decision about what and how much of the produced is to be made.
Learn more about Free Market at brainly.com/question/27153904
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