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4 years ago

The best example of a good that is excludable in consumption is: a park. an ocean. a bicycle. national defense.

2 answers:

8 0

The best example of a good that is excludable in consumption is a bicycle.
If it is possible to prevent people (consumers) who have not paid for it from having access to it then the good is excludable.
So, according this the bicycle is an excludable good.

djyliett [7]4 years ago

7 0

Answer: A bicycle

Explanation: the best example for an excludable good is a bicycle. An excludable good is that one which, if used by one person is no longer available for others to use. Considering the above definition, the best good that will fit is a bicycle because if one person is using it the other person will have to wait before he or she can ride it hence it is an excludable good.

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Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability company

algol [13]

Answer:

b) Income is allocated on a pro rata basis

Explanation:

A partnership is an agreement between two or more people to oversee a business and share in the profit and losses made by the business.

In a partnership when income comes in it is shared.on a pro rata basis.

This means income is given based on the level of ownership of the business.

For example a partner that has 60% ownership of the partnership is expected to collect 60% of the business income.

Pro rata is also called proportional rate.

8 0

3 years ago

Sabrina Duncan had gross earnings for the pay period ending 10/15/16 of $5,835. Her total gross earnings as of 9/30/16 were $104

ivann1987 [24]

Answer:

option (A) $212.97

Explanation:

Data provided in the question:

Gross earnings for the pay period ending 10/15/16 = $5,835

Total gross earnings as of 9/30/16 = $104,400

Social Security tax rate = 6.2%

Now,

Total earnings

= Gross earnings for the pay period ending 10/15/16 + Total gross earnings as of 9/30/16

= $5,835 + $104,400

= $110,235

since,The Social Security taxes are on a maximum earnings of $106,800 per year

therefore,

Sabrina's Social Security withheld from her 10/15/16 paycheck will be

= ( Total earnings - $106,800 ) × Social Security tax rate

= ( $110,235 - $106,800 ) × 0.062

= $3,435 × 0.062

= $212.97

Hence,

The answer is option (A) $212.97

7 0

3 years ago

Germans have not been overly receptive to the use of credit cards such as visa or mastercard and installment debt to purchase pr

guapka [62]

Because of a difference in values from American consumers, Germans have not been overly receptive to installment debt to purchase products and services and the use of credit cards such as visa or Mastercard. The German Schuld which means debt also means guilt.

7 0

3 years ago

A major weakness of planning budgets is that A. They are feared only to a single level of activity. B. They cannot be used to as

Ksivusya [100]

Answer:

The correct answer is letter "D": All of the above.

Explanation:

Budgets are estimates of the expenses that may be incurred during the development of a project. Managers try to keep the expenditures as close as to the budget to make sure a reasonable amount of resources were used. Though, disadvantages of counting on budgets are, for instance, that they are set mostly to a single level of activity without considering adjustments that might be necessary as a result of external changes; also, budgets are a constraint for projects since the executive responsible must monitor how the resources are spent periodically to find out if they will be enough for the project completion.

4 0

4 years ago

Cartwright's, a home-improvement store chain, reported these summarized figures: (Click the icon to view the income statem

grandymaker [24]

Answer:

a. 4.91

b. 2.50 days

Explanation:

a. Inventory turnover

= Cost of goods sold / Average inventory

Average inventory =( Ending inventory + Opening inventory) / 2

= (4,676,000 + 4,190,000) / 2

= $4,433,000

Inventory turnover = 21,766,030 / $4,433,000

= 4.91

b. Days' sales in average receivables

= Average Account Receivables / Average daily sales

Average account receivables = (Ending receivables + Opening receivables) / 2

= (100,800 + 378,500) / 2

= $239,650

Average daily Sales = Sales / 365

= 34,988,900 / 365

= $95,860

Days' sales in average receivables = 239,650 / 95,860

= 2.50 days

3 0

3 years ago