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3 years ago

Theory of production

Business

1 answer:

Helen [10]3 years ago

3 0

Answer:

Theory of production, in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw material, fixed capital good, etc., that it employs (its “inputs” or “factors of .

Explanation:

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2 years ago

Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9

jasenka [17]

Answer:

Accounts receivable for 2019 = $590,000

Accounts receivable for 2018 = $570,000

Explanation:

The computation of accounts receivable for both years is shown below:-

2019 2018

Sales $7,906,000 $6,726,000

Accounts receivable

Beginning balance $600,000 $540,000

Ending balance $580,000 $600,000

Accounts receivable $590,000 $570,000

Working note:-

Average Accounts receivable for 2019 = ($600,000 + $580,000) ÷ 2

= $590,000

Average Accounts receivable for 2018 = ($540,000 + $600,000) ÷ 2

= $570,000

7 0

3 years ago

Based on the lesson and your reasearch, how would you find a four year college degree? In two to three sentences explain your ch

Alexus [3.1K]

You can fund a four-year college degree by either of the following:

1. Loans

Loans can be acquired through federal aid or private means. They must be paid back with interest when the student has graduated. They are guaranteed by the federal government.

2. Scholarships

Scholarships depends on criterias from who will sponsor it. These criterias may include financial need, merits, field of study, etc. There are those who can help students look for a scholarship that fit them like counselors, the government or its agency, community organizations, etc.

3. Work-study programs

They operate with the financial aid office of the school. However, they require the student's determination and financial needs.

6 0

3 years ago

Read 2 more answers

The income statement for the Carolina Service Company for the year ended December 31, 2017, appears below. Includes $25,000 of i

KATRIN_1 [288]

Answer:

Earning per share = 2.166

Price earning = 10.15

Times interest earned = 5.4

Explanation:

Common stock outstanding at end = Shares outstanding (open) +Shares issued.

= 50000+10000= 60000 outstanding shares (at end)

a.)we know that earning per share = net income - preference dividend

Common shares outstanding at end

= ( N#1) 135000 - 5000

60000

= 2.166 earning per share

(N#1):To calculate net income we will need statement of changes in equity,Suppose par value of shares = $10,

we have Beginning equity + net income - Dividend = Equity (end)

Net Income = 600000+35000-500000

Net income = 135000

b.) Price earning = Market value per share = 22 = 10.15

Earning per share 2.166

c.) Times interest earned = Income before interest and taxes or EBIT

Interest expense

EBIT = 135000

= 135000 / 25000 = 5.4 times

6 0

3 years ago

At a time when demand for ready-to-eat cereal was stagnant, a spokesperson for the cereal maker Kellogg’s was quoted as saying,

larisa86 [58]

Answer:

for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising

Explanation:

Using the below expression to determine the range of interest rates could these firms use trigger strategies to support the collusive level of advertising; we have:

$\frac{current \ period's \ profit \ of \ the \ cheating \ firm \ - \ firm's \ profit \ in \ each \ period \ under \ collision }{ firm's \ profit \ in \ each \ period \ under \ collision \ - \ profit \ in \ each \ subsequent \ period \ of \ cheating \ firm } \leq \frac{1}{i}$