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sweet-ann [11.9K]
3 years ago
13

Check your Understanding

Business
1 answer:
8090 [49]3 years ago
4 0

Answer:

1. B

Because we all need to improve on areas involving management

2. A

3. Business plan

4. A

5.B

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On April 1, 2021, the Electronic Superstore borrows $23 million of which $7 million is due in 2022. Show how the company would r
Serggg [28]

Answer:

Long term liabilities is $23,000,000

Explanation:

                 Electronic Superstore

        Balance Sheet (Not Full) at December 31, 2021

Details                                                Amount ($)

Current liabilities                                     NA

Long-term liabilities                         <u>  23,000,000 </u>    

Total liabilities                                   <u> 23,000,000 </u>                  

Note that the $7 million will due in 2022  not in 2021. Therefore, this does not effect on the 2021 balance sheet entries.      

4 0
3 years ago
Oliver's Company (OC) produces batches of chicken and beef organic dog food. Each time OC switches production from chicken to be
Vlad1618 [11]

Answer:

$3,600

Explanation:

Calculation to determine what amount of set-up costs should be allocated to the chicken dog food

Using this formula

Set-up costs = Cost per each set up * Totals ups

Let plug in the formula

Set-up costs=$20 * 180

Set-up costs=$3,600

Therefore the amount of set-up costs that should be allocated to the chicken dog food is $3,600

6 0
3 years ago
When Kelsey decreases her price of lipstick from $7 to $5, she finds that her sales increase from 6 to 7. She faces ________ dem
yuradex [85]

Answer:

elastic; rise

Explanation:

6 0
3 years ago
If you buy something on credit, you must pay back the amount you borrowed
tangare [24]
Yes this is true but you dont have to pay it back right after but it's best you pay it off before you buy something else so you dont go in debt
6 0
3 years ago
Read 2 more answers
Inferential statistics is the branch of statistics that involves using a subset of available data to make _______________ about
Anton [14]

The answer to the blank space is conclusions.

Inferential statistics differ from descriptive statistics not just in the level of complexity of statistical methods, but also their use. Inferential statistics are commonly used to draw inferences from the dataset – relationships and comparisons between the datasets are often the goal in using inferential statistics. Descriptive statistics, just like how the name implies, describes the dataset – what’s the average, the midpoint, the highest number.

8 0
3 years ago
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