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3 years ago

15

Firms are organizations that A) take advantage of the public. B) transform resources into products. C) transform outputs into in

puts. D) demand consumer outputs

1 answer:

loris [4]3 years ago

7 0

Answer:

B

Explanation:

A firm is an organisation that is created to make profit. They transform resources into products

They include :

corporations
limited liabilities
partnerships

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The Baldwin company currently has the following balances on their balance sheet: Assets $244,260 Common Stock $54,527 Retained e

melisa1 [442]

Answer:

The aggregate liabilities amounts to $40,337 for the next year

Explanation:

In order to compute the total liabilities, using the formula as:

Assets = Liabilities + Shareholders equity

where

Shareholders equity = Contributed Capital + Retained Earnings

Retained Earnings = Old Retained Earnings + Net Income - Dividends

Liabilities = Assets - Common stock - Retained Earnings

= $151,000 - $54,527 - $46,136 - ($20,000 - $10,000)

= $151,000 - $54,527 - $46,136 - $10,000

= $40,337

4 0

3 years ago

Balance sheet and income statement data indicate the following: Bonds payable, 6% (due in 15 years) $1,200,000; preferred 8% sto

Sonbull [250]

Answer:

Number of times bond interest charges were earned = 5.44

Explanation:

Given data,

Bond Interest Rate = 6%

Bond Amount = $1200000

Net Income before Income Tax = $320000

Bond Interest charges Earned :

= Bond Value × Interest Rate

= $1,200,000 × 6%

= $72,000

Net Income before Interest :

= Net Income Income Before Interest + Interest

= $320,000 + $72,000

= $392,000

Number of times bond interest charges were earned :

= Net Income before Interest and taxes ÷ Interest charges

= (392,000 ÷ 72,000 )

= 5.4444

Number of times bond interest charges were earned = 5.44

8 0

3 years ago

Selling and administrative expenses include all of the following except:____________. a. shipping document preparation. b. post-

e-lub [12.9K]

Answer:

c. factory overhead.

Explanation:

Selling and administrative expenses can be defined as the operating expenses which comprises of all the costs incurred in the smooth running of a business.

Selling and administrative expenses include all of the following shipping document preparation, post-sale technical support, and customer return processing except factory overhead.

A factory overhead can be defined as the amount of money incurred by a company or business entity in the course of its manufacturing process.

This ultimately implies that, factory overhead refers to cost incurred in the manufacturing process of finished goods and cannot be linked directly to the goods.

The factory overhead costs include costs such as indirect labor, rent, depreciation, utility bills, property taxes etc.

5 0

3 years ago

A company manufacturing shirts for a discount department store decides to create a new style of cotton shirt. The company would

Art [367]

A firm that makes shirts for a budget department store decides to develop a new cotton shirt type. The company would most likely make shirts that are less expensive to produce.

<h3>What is the name of the business?</h3>

A corporation is a legal body that represents a group of people with a common goal, whether natural, legal, or a combination of both. A company can be run by the single person or a group of person decided to operate the company.

There are options in this question that are-

sell at a high price
be less costly to create
use a nonrenewable resource
satisfy the wants and needs of consumers

Thus, option B is correct.

For further details about the name of the business, click here:

brainly.com/question/27870344

#SPJ1

8 0

2 years ago

Upon acquiring a new computer operating system, management at Berryhill worried that computer virus might cripple the company's

IgorLugansk [536]

Answer:

Reduce

Explanation:

The answer is that Berryhill chose to reduce the risk of being crippled by computer virus. A risk refers to the potential of having a situation that can cause a negative effect or the loss of something important. In this case, Berryhill reduced the risk because the company was worried that a computer virus would affect the operation and they decided to minimize this danger by installing an anti-virus and building a firewall.

8 0

3 years ago