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3 years ago

Why is bad weather sometimes good news for farmers?

1 answer:

7 0

<span>(D) is the most correct answer. When the weather is bad, this will shift the supply curve of (mostly inelastic) farm goods to the left. This will, in turn, raise the equilibrium price that farmers will be able to receive for the products. All else equal, this will raise the overall profit that the farmers will receive, even in times of bad weather.</span>

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If a company has advance ticket sales totaling 2,000,000 for the uncomping football season. the reciept of cash would be journal

Andru [333]

If a company has advance ticket sales totaling 2,000,000 for the uncomping football season. the receipt of cash would be journalized as Debit Cash, credit Unearned Revenue.

A receipt is documentation that something was purchased and paid for. If you plan to return something you purchased, you usually need it. On business trips, people keep track of their receipts so that their employers can reimburse them for any expenses they incurred. A less common usage of the word receipt is as a verb, as in "The clerk receipted my purchases," which means that the clerk provided written evidence that the things were paid for. Receipts are given out in business-to-business transactions as well as stock market transactions, in addition to the receipts that customers normally obtain from vendors and service providers. Both transactions on the stock market and business-to-business exchanges issue receipts. Furthermore, receipts are required as verification of some expenses for tax purposes.

Learn more about receipt here

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7 0

1 year ago

A local business woman borrows $14,000.00 at $299.70 per month for 62 months, how much total

eduard

If you multiply $299.70x 62- 14,000months you get = 4,581.4 so yeah

4 0

3 years ago

Three years ago, Charles purchased a health policy from the QRS Company; he has purchased two additional contracts from the same

ikadub [295]

Answer: a. Only one policy will pay, the premiums for the other contracts will be returned.

Explanation:

When there are multiple insurance contracts from the same insurer and these contracts have a ''Other Insurance With This Insurer'' provision, it means that in cases where the insured wants to claim, they can choose whichever of the policies they want and that one will pay out but they cannot pick them all.

The premiums paid on the other contracts/s will be returned to the insured because it represents excess coverage.

5 0

3 years ago

Your cousin is currently 10 years old. She will be going to college in 8 years. Your aunt and uncle would like to have $ 105 com

telo118 [61]

Answer:

$76,134.84

Explanation:

Data provided in the given question

Future value = $105,000

Fixed interest rate = 4.1%

Number of years = 8

The calculation of present value is given below:-

= Future value ÷ (1 + rate of return)^number of years

= $105,000 ÷ (1 + 4.1%)^8

= $105,000 ÷ 1.379132002

= $76,134.84

Therefore, we simply applied the present value formula.

6 0

3 years ago

Feeney Furniture prepared the following sales budget: Month March April May June Cash Sales Credit Sales $11,000 0 $11,000 0 37,

Leviafan [203]

Answer:

Option (B) is correct.

Explanation:

Total cash collections in June:

= Cash sales + (62 percent of June credit sales) + (30 percent of May credit sales) + (5 percent of April credit sales)

= $60,000 + ($51,000 × 0.62) + ($37,000 × 0.30) + ($11,000 × 0.05)

= $103,270

Therefore, the total cash collections in June at Feeney Furniture is $103,270.

8 0

3 years ago