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3 years ago

Which statement provides the correct information regarding the parts

Business

1 answer:

Alborosie3 years ago

3 0

Answer:

I don't know but good luck finding the answer

Explanation:

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You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery

Eduardwww [97]

Answer: The expected loss is $2.3

Explanation:

Total number of tickets to be sold = 100 tickets

one $450 prize, the expected gain = 450 x (1/100) = $4.5

two $110 prizes, the expected gain = 110 x (2/100) = $2.2

four $25 prizes. the expected gain = 25 x (4/100) = $1

Expected gain (loss) = Total expected gain - Cost of the ticket

= (4.5 + 2.2 + 1 ) - 10

= (2.3)

The expected loss is $2.3

5 0

3 years ago

Read 2 more answers

Nile Corp. has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:

True [87]

Answer:

Overheads cost allocated to Mossman Job = $449

Explanation:

We have been provided the cost of each activity and their respective drivers.

There are three activities

Supervision of Direct Labor = $304,000 for 760,000 labor hours

Machine Maintenance = $153,600 for 960,000 hours

Facility rent = $165,000 for 110,000 square feet

Activities of Mossman Job and respective costs will be as follows:

Supervision of Direct Labor = $304,000/760,000 X 260 labor hours = $104

Machine Maintenance = $153,600/960,000 X 1,500 = $240

Facility Rent = $165,000/110,000 X 70 = $105

Net Overheads cost allocated to Mossman Job = $104 + $240 + $105 = $449

6 0

3 years ago

The resources that contribute to the creation of wealth are known as ______.

vodka [1.7K]

<span>production coefficients.

factors of production.

production technologies.

production aggregates.</span>

7 0

3 years ago

Read 2 more answers

What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet? (c

vredina [299]

A liability (such as salaries payable) will be increased. Expenses are increased. Net income is reduced.

<h3>What is liability?</h3>

What a person or business owes is known as a liability, and the amount owed is typically monetary. The transmission of economic rewards, such as money, products, or services, settles liabilities over time. Having to pay anything to someone else under the law is known as having a liability. To pay for a business's continuous operations, liabilities are incurred. Accounts payable, accumulated costs, owed wages, and owed taxes are a few examples of liabilities.

What your business has that has the potential to generate future financial benefits are its assets.

What you owe other people is your liability. To put it simply, assets increase your financial security while liabilities decrease it.

Obligations aren't always a terrible thing. Some loans are taken out to buy new equipment, such as machinery or automobiles, which aids small businesses in running and expanding.

To learn more about liability visit:

brainly.com/question/18484315

#SPJ4

7 0

1 year ago

Economic analysis indicates minimum wage legislation has a. made it possible for any teenager who wants to work to earn almost 8

ivann1987 [24]

Answer:

d. is correct

Explanation:

made it easier for teenagers to find jobs that offer the opportunity for training.

Everyone starts a career , step by step, from the minimum salary to the top of income.

5 0

3 years ago