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3 years ago

The following information is available for Birch Company at December 31:

Business

1 answer:

KIM [24]3 years ago

8 0

Answer:

the cash and cash equivalent is $29,420

Explanation:

The computation of cash and cash equivalent is given below:

Money market fund balance $2790

Cash in Bank Account $21,430

Cash in Petty cash funds $200

U.S Treasury bill purchased on Dec.15 $5,000

cash and cash equivalent $29420

Hence, the cash and cash equivalent is $29,420

The same is to be considered and relevant too

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Answer:

Demographic Segmentation

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In this case AA is segmentating based on gender or location (zip Code)

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3 years ago

Suppose the U.S. House of Representatives is debating a bill to fund construction and maintenance for the nation's highway syste

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Answer: The authorization of funds for the museum is an example of an earmark.

Explanation:

Earmarking is the act of setting aside particular fund for a specific purpose.

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For example, one can say the prime minister has earmarked three billion dollars for the construction of new hospitals. The expenditure on the funding of the public art museum is an earmark.

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3 years ago

g Based on a predicted level of production and sales of 22,000 units, a company anticipates total variable costs of $99,000, fix

lbvjy [14]

Answer:

Total contribution margin= $60,000

Explanation:

First, we need to calculate the actual contribution margin:

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Contribution margin= 36,000 + 30,000= $66,000

Now, the unitary contribution margin:

Unitary contribution margin= 66,000/22,000= $3

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3 years ago

Bob sells tires. He knows that his weekly sales drop if he increases the unit price p (in dollars). The weekly sales are given b

spin [16.1K]

Answer:

Increase in weakly revenue = $9.8

Explanation:

Price (P) = 100, Demand or Sales N (P) = 120.

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New price (P') = 110 , New Demand or sales N' (P) = 118

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So, change in total revenue due to one unit price rise = 980/ 10 = 9.8

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3 years ago

Suppose that: (1) the United States has a comparative advantage in producing chemicals; (2) Costa Rica has a comparative advanta

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3 years ago