Answer:
No, because they weren’t willing to risk their life to complete a task at the appliance plant. By law this is not safe working conditions and the people forcing employees to do this could be sued.
Explanation:
Answer:
The correct answer is letter "C": Cash, marketable securities, and receivables.
Explanation:
The quick assets of a company can easily be converted into cash. Quick assets include <em>cash, account receivables, </em>and<em> marketable securities</em>, which are equity and debt securities that can be converted into cash within one year. To calculate the company's quick assets add its cash, account receivables, and marketable securities and subtract its inventory from that result.
Answer and Explanation:
The journal entry to record issuance of the stock in exchange for the land and building is given below:
Land $237,000
Building $368,000
To Common stock, $8 par value $168,000
To Paid-in capital in excess of par value, common stock $437,000
(Being the issuance of the stock in exchange for the land and building is recorded)
Answer:
Apples and Banana
a) Profit maximizing prices:
i) For Apple = $100
ii) For Banana = $40
b) Profits equal revenue minus costs:
i) For Apple = $100Q - (20 + 10Q) = $60Q
ii) For Banana = $40 - (26.5 + 5Q) = $8.50Q
c) To maximize profit, the price to charge is $100 for Apples and $40 for Banana.
d) I would expect to earn a profit of $68.50 for a set of apple and banana.
Explanation:
To maximize profit, Apple and Banana will be sold separately.
But, selling them together, the best profit maximizing prices will be $100 for Apples and $10 for Banana.
At this combined price, the banana still makes a contribution of $5 per unit towards offsetting the fixed cost of $26.50
