Since you provide no table, me nor anyone else would not be able to find out his total utility
But if he spends all his income on honey, the most he can buy is :
$16 / 4$ = 4 Jars
That leave either option 1 or option 4 as the answer
Answer:
Cash borrowed = $120,000
Interest on promissory note = 10%
The journal entry is as follows:
On December 31,
Interest expense A/c Dr. $3,000.00
To Interest payable $3,000.00
(To record interest accrued on note)
Working notes:
Interest expense:
= $120,000 × 10% × (3/12)
= $120,000 × 0.1 × (1/4)
= $3,000
Answer:
Break-even sales = $800,000.
Explanation:
<em>The beak-even point is the units of products to be sold or number of customers to be served to enable a business to cover exactly its total cost from the revenue. At the break-even point, the business makes no profit or no loss because the contribution from sales exactly equals the total fixed cost</em>
<em>Break-even in sales revenue = Total fixed cost/Contribution margin</em>
<em>Contribution margin (%) = Contribution/ sales × 100</em>
= 160,000/640,000
= 0.25 × 100
= 25%
<em>Fixed cost = Contribution - operating income</em>
= 160,000- -( 40,000)
= 160,000 + 40,000
= 200,000
<em>Break-even point sales = 200,000/25%</em>
= $800,000.
Answer:
I think that they MIGHT be A C and D
Explanation:
Answer:
A) the competitive strategy
Explanation:
According to my research on information technology and hardware used, I can say that based on the information provided within the question this factor being described is called the competitive strategy. This is a strategy that is a long term plan of a particular company in order to gain competitive advantage over its competitors in the industry. This includes forming the system and it's features in the best way to compete with other companies.
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