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3 years ago

Question 1 of 10

Business

2 answers:

Feliz [49]3 years ago

8 0

Answer:

B. Banks can have collection agencies seize part of the borrower's income.

Explanation:

Hope it helps

madreJ [45]3 years ago

5 0

Answer:

B. Thanks can have collection agencies seize part of the borrowers income

Explanation: I just got it right for a p e x

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Let us suppose that a hospital wants to set their fees for an overnight stay such that the contribution margin on a hospital roo

Rainbow [258]

Answer: $756

Explanation:

Based on the information given in the question, the fee that should be charged to obtain a contribution margin of 18% will be:

Target fee = Variable cost/(1-Contribution Margin)

= $620/(1 - 18%)

= $620/(82%)

= $620/0.82

= $756

They should charge $756

3 0

3 years ago

Yekutia has the resources to manufacture 320 motorcycles or 570 lawn-mowers per year. The country of Bezanitia, has the capabili

kodGreya [7K]

Answer:

Bezanitia,

1.782609

Explanation:

Opportunity cost is the cost of the next best option forgone hen one alternative is chosen over another alternative.

By choosing to produce one more motorcycle, the countries would be giving up the opportunity to produce one more unit of lawn mowers

Yekutia's opportunity cost in the production of motor cycle = 570 / 320 = 1.781250

Bezanitia's opportunity cost in the production of motor cycle = 410 / 230 = 1.782609

8 0

3 years ago

Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the followin

ANEK [815]

Answer:

Budgeted Income Statement for the year

Sales (820 units × $ 2,130) $1,746,600

Less Cost of Sales (820 units × $ 1,500) ($1,230,000)

Gross Profit $516,000

Less Operating Expenses :

Selling and administrative expense

Variable (820 units × $ 75) ($61,500)

Fixed ($400,000)

Operating Profit $54,500

Less Non - Operating Expenses :

Interest ( $29,000)

Net Income / (Loss) $25,500

Explanation:

Income Statement shows the company`s performance from its operations.

Income / (Loss) = Sales - Expenses.

4 0

3 years ago

Assume Maine Line Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge

Keith_Richards [23]

Answer:

$214,000

Explanation:

The total reservation cost per month is given by the following expression:

$R = \$14,000+\$1*n$

Where 'n' is the number of monthly reservations.

If there are 200,000 reservations for passengers taking a trip next month, the reservation cost is:

$R = \$14,000+\$1*200,000\\R=\$214,000$

Total reservation cost is $214,000.

8 0

3 years ago

Read 2 more answers

Advantages of price mechanism

Akimi4 [234]

Answer:

The price mechanism allows the consumer to gain sovereignty in the market. They have 'spending votes' in the market, which enables them to choose what is bought and sold. Generally, the free market allows for an efficient allocation of resources.

Explanation:

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2 years ago