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2 years ago

PLZ HELP ASAP !! Econ !!

Business

1 answer:

alexandr402 [8]2 years ago

7 0

I'm pretty sure B

Explanation:

I dont knowing I'm correct but give meh a rating if I'm right

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Sillytime Park competes with Splash World by providing a variety of rides. Sillytime sells tickets at $ 60 per person as aâ one-

horsena [70]

Answer:

BEP 378,000

Explanation:

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio$

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

60 - 24 = 36 contribution margin

every units contribution $36 dollars

36 / 60 = 0.6 CM ratio

each dollar of sale generate 60 cents of contribution

226,800 fixed cost / 0.6 CMR = 378,000 BEP in dollars

3 0

3 years ago

What term describes the short period of unemployment used for matching job seekers to jobs?

slamgirl [31]

The correct answer is letter C. Structural unemployment describes the short period of unemployment used for matching job seekers to jobs. This happens when there is no available job that the economy can offer that would match the employees general skills.

5 0

3 years ago

Corporation has found that % of its sales in any given month are credit sales, while the remainder are cash sales. Of the cred

Reika [66]

Answer:

Some information is missing, specifically the % of credit sales. Similar questions use 80%, so I will use that %. Also, November sales were $85,000 and December sales were $115,000.

<h2> <u>Cash collections budget</u></h2>

January February March

Cash sales $30,000 $26,000 $35,000

Collection from Nov. sales $16,320

Collection from Dec. sales $36,800 $22,080

Collection from Jan. sales $24,000 $48,000 $28,800

Collection from Feb. sales $20,800 $41,600

<u>Collection from March sales $28,000</u>

Total cash collections $107,120 $116,880 $133,400

3 0

3 years ago

On November 1 of year 0, Jaxon borrowed $38,000 from Bucksnort Savings and Loan for use in his business. In December, Jaxon paid

andreev551 [17]

Answer:

$570

Explanation:

The computation of the interest deduction is shown below:

= Interest paid × number of months ÷ (total number of months in a year)

= $3,420 × 2 months ÷ 12 months

= $570

The interest which is deducted in year 0 under the cash method of accounting is $570

And, the two months is calculated from the November 1 to December 31

We simply apply the interest paid formula.

4 0

3 years ago

How would a payment for rent paid in advance be classified? Multiple Choice Claims exchange transaction Asset use transaction As

kvv77 [185]

Answer:

Asset exchange transaction

Explanation:

Prepaid rent is an asset exchange transaction because cash (asset) is credited while prepaid rent (also an asset) is debited.

Rent paid in advance is recorded as follows:

Dr Prepaid rent

Cr Cash

As the months go by, the prepaid rent is credited and rent expenses is debited.

Dr Rent expense month 1

Cr Prepaid rent month 1

4 0

3 years ago