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Liono4ka [1.6K]
2 years ago
9

$ 485,000 $ 432,000 $Enter a dollar amount Enter percentages rounded to 0 decimal places % Inventory $ 786,000 $ 617,000 $Enter

a dollar amount Enter percentages rounded to 0 decimal places % Total assets $3,111,000 $2,707,000 $Enter a dollar amount Enter percentages rounded to 0 decimal places %
Business
1 answer:
kari74 [83]2 years ago
7 0

Answer:

Accounts receivable

Dec 31, 2017 = $485,000

Dec 31, 2016 = $432,000

Amount = $53,000

Percentage = $53,000/$432,000

Percentage = 0.1226852

Percentage = 12%

Inventory

Dec 31, 2017 = $786,000

Dec 31, 2016 = $617,000

Amount = $169,000

Percentage = $169,000 / $617,000

Percentage = 0.2739060

Percentage = 27%

Total assets

Dec 31, 2017 = $3,111,000

Dec 31, 2016 = $2,707,000

Amount = $404,000

Percentage = $404,000/$2,707,000

Percentage = 0.1492427

Percentage = 15%

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"Because apples and oranges are substitutes, an increase in the price of or¬anges will cause the demand for apples to increase.
irinina [24]

Answer:

The correct answer is option a.

Explanation:

Apples and oranges are substitutes. An increase in the price of oranges will cause the demand for apples to increase. This is because people will prefer a cheaper substitute. This increase in the demand for apples will cause its demand curve to shift to the right.

The rightward shift in the demand curve will cause the equilibrium price to increase. But this change in price will not cause a change in demand. The change in price affects only the quantity demanded. Change in demand happens because of a change in other factors.

So, the given statement is not correct.

7 0
3 years ago
Which budget or budget type should be used to meet the following​ needs? a. Upper management is planning for the next five years
Simora [160]

Answer:

a. A Strategic budget will be used by the upper management in planning for the next five years.

b. A flexible budget will be used by a store manager who wants to plan for different levels of sales.

c. A Cash budget will be used by an accountant who wants to determine whether the company has sufficient funds to cover expenses.

a. A Master Budget will be used by a CEO who wants to make companywide plans for the next year.

Explanation:

  • Strategic budget, is finnancial planing to achieve the long term goals of the company.
  • flexible budget is used for different level of sales volume.
  • Cash budget usted for forescast the cash balance.
  • Master Budget uses a schedule to present financial statements.

4 0
3 years ago
Which of the following should be accounted for in an enterprise fund?Light poles to be paid for in installments by affected prop
Gennadij [26K]

Answer:

correct option is C. $1,250,000

Explanation:

given data

Light poles = $350,000

cost reimbursement = $65,000

electric power to residents = 1,250,000

to find out

which statement accounted for in an enterprise fund

solution

statement accounted for in an enterprise fund is here

    particular                                                amount

Equipment used for supplying                  $1250000

electric power to residents

enterprise fund                                          $1250000

so correct option is C. $1,250,000

8 0
2 years ago
Sheridan Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled
klemol [59]

Answer: $3.40

Explanation:

Based on the information given in the question, the materials cost per unit will be calculated thus:

First, we'll calculate the completed units which will be:

= 18500 - 1400

= 17100

Ending inventory = 1400 units

Equivalent Production Unit with respect to Material = (17100 x 100%) + (1400 x 100%)

= 18500 Units

Material Cost Per Unit will be:

= Total Material Cost / Equivalent Production Unit

= $62900 / 18500

= $3.40 per unit

The material cost per unit is $3.40

7 0
2 years ago
Rebecca Minkoff's integration of technology and fashion has resulted in innovate products and an enjoyable shopping experience t
fiasKO [112]

The question is incomplete. The complete question is:

Rebecca Minkoff's integration of technology and fashion has resulted in innovate products and an enjoyable shopping experience that stands out in the world of retail fashion. This illustrates _______.

a.multi-channel retailing

b.retail positioning

c.category management

d.atmospherics

e.store image

Answer:

Retail positioning

Explanation:

Retail positioning helps to differentiate a particular retailer from its competitors due to the various unique features possessed by the retailer.

This type of positioning helps to provide a high competitive advantage to the retailer by differentiating the business from the rest of it's competitors.

An effective positioning strategy can contribute immensely to a retailer's overall success in the market.

Rebecca Minkoff's integration of technology and fashion has positioned her in a top level in the retail market, it has made her business stand out among her competitors.

3 0
3 years ago
Read 2 more answers
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