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borishaifa [10]
3 years ago
5

4. If your checking account's balance is

Business
1 answer:
levacccp [35]3 years ago
6 0
A. $2164.89
Basically just subtract, 3,678.89-1514 = 2,164.89
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Explain the concept of delegation of authority​
Archy [21]

Explanation:

Delegation of authority is a process that enables a person to assign a task to others. As a manager or leader, you're expected to perform several tasks and meet multiple deadlines. To ensure that you achieve your objectives on time, you delegate responsibility to your team members

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3 years ago
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In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence: (1) 300 units at
Annette [7]

Answer:

(1) $2,720

(2) $2,220

Explanation:

Given the following sequence:

300 units at $6, 400 units at $7 and 200 units at $8

(1) FIFO method

Ending inventory = 360 units

Cost of ending Inventory:

= 200 units at $8 + 160 units at $7

= 200 × $8 + 160 × $7

= 1,600 + 1,120

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(2) LIFO method

Cost of ending Inventory:

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= 300 × $6 + 60 × $7

= 1,800 + 420

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4 0
3 years ago
Calculating the price elasticity of supply.
alekssr [168]

Answer:

Explanation:

W1= 30             W2 =50

Q1 = 6              Q2 = 16

Elasticity of supply = (16-6) / (50-30) * (50+30) / (6+16)

 = (10/20) * (80/22) =80/44= 1.82

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3 years ago
Which of the following represents the components of the income statement for a merchandising business?
Slav-nsk [51]

Answer:

Sales Revenue – Cost of Goods Sold = gross profit

Explanation:

A merchandising business is one that is involved in selling goods to customers. The firm may purchase or produce the goods it sells. Merchandising firms report an expense named the cost of goods sold COGS. This cost represents the total cost of all goods sold to customers during a period.

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7 0
3 years ago
Points Giveaway. <br><br> Define the concept of Opportunity Cost.
Julli [10]
The loss of potential gain from other alternatives when one alternative is chosen.

example: "idle cash balances represent an opportunity cost in terms of lost interest"
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3 years ago
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