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Vesna [10]
3 years ago
11

NeeeeeD HeeellllP !!!!!!!!!!!!!!!!

Business
1 answer:
IRINA_888 [86]3 years ago
6 0

Answer:

false

Explanation:

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Cool Beans is a locally owned coffeeshop that competes with two large coffee chains, PlanetEuro and Frothies. Alicia, the owner,
erma4kov [3.2K]

Answer:

0.9717 per unit sold (approx)

Explanation:

Here, we are assuming 52 weeks in a year.

Contribution margin:

= (Sales revenue - variable cost) ÷ sales revenue

= [(3.52 × 10 + 3.52 × 0.18 × 540 × 52) - (3.52 × 0.26 × 551)] ÷ (3.52 × 10 + 3.52 × 0.18 × 540 × 52)

=  [(35.2 + 17,791) - (504)] ÷ (35.2 + 17,791)

= [17,826.2 - 504] ÷ 17,826.2

= 17,322.2 ÷ 17,826.2

= $0.9717 per unit sold (approx)

5 0
3 years ago
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of ch
Virty [35]

Answer:

Year 1, Year 2 purchasing power = 8 , 9 (respectively). As price level fall, value of money<u> Increases </u>

Explanation:

Year one purchasing power = Money ($) / Price per basket = 72 / 9 = 8

Year two purchasing power = Money ($) / Price per basket = 72 / 8 = 9

This implies that, as price level falls (from 9 to 8 here) ,the value of money ie purchasing power increases (from 8 to 9)

8 0
3 years ago
Blossom Company began operations in 2020 and determined its ending inventory at cost and at LCNRV at December 31, 2020, and Dece
Nat2105 [25]

Explanation:

The journal entries are as follows

On December 31, 2020

Cost of goods sold $24,650

      To Allowance for reduction in inventory to NRV $24,650

(Being the cost of goods sold is recorded)

It is computed below:

= $379,880 - $355,230

= $24,650

On December 31, 2021

Allowance for reduction in inventory to NRV $3,640

             To Cost of goods sold $3,640

(Being the allowance for reduction is recorded)

It is computed below:

= $24,650 - ($445,440 - $424,430)

= $24,650 - $21,010

= $3,640

6 0
3 years ago
During the current year, Swallow Corporation, a calendar year C corporation, has the following transactions. Income from operati
Free_Kalibri [48]

Answer:

a. Taxable Income = $42,000

b. Taxable Income = $28,000

Explanation:

Given

Income from operations $660,000

Expenses from operations $760,000

Dividends received from Brown Corporation $240,000

a.

Taxable Income is calculated

Dividend received + Income from operations - Expenses from Operations

Taxable Income = $240,000 + $660,000 - $760,000

Taxable Income = $140,000

Swallow Corp owns 12% of Browns Corporation stock;

And 12% is not up to 20% owned by Browns Corporation.

So. The Dividend Received is 70% of $140,000

Dividend = $98,000

Taxable Income = $140,000 - $98,000

Taxable Income = $42,000

b.

Dividend Received + Taxable Income (ii) = Taxable Income (i)

Where Taxable Income (I) = $140,000

Calculating Dividend

Dividend = 80% of $140,000

Dividend = $112,000

Taxable Income = $140,000 - $112,000

Taxable Income = $28,000

.

8 0
3 years ago
Suppose a banking system has $120 million in deposits, a required reserve ratio of 20 percent, and total bank reserves for the w
Dmitry_Shevchenko [17]

Answer:

$380 million

Explanation:

Given that,

Deposits = $120 million

Required reserve ratio = 20 percent

Total bank reserves = $100 million

Required reserve ratio refers to the portion of deposits that is kept with the reserve bank.

Required reserves:

= Deposits × Required reserve ratio

= $120 million × 0.2

= $24 million

Excess reserves:

= Total reserves - Required reserves

= $100 - $24

= $76

So, there is a excess reserves in this economy.

Money multiplier = 1/Required reserve ratio

                            = 1/0.2

                            = 5

Therefore, the total money creation potential of this deposit is as follows:

= Excess reserves × Money multiplier

= $76 × 5

= $380 million

Hence, an increase in deposit creation by $380 million.

6 0
3 years ago
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