A budget that is based on the actual activity of a period is known as a:_________

In 1992, the Enron Development Corporation, a subsidiary of the Houston-based energy company, signed a contract to build the lar

AfilCa [17]

Answer:

Option E is correct.

All of the above

Explanation:

This is an example of political risk since The current political party in Maharashtra-Shiv sena intervened and used Enron for its selfish interests. When US department of energy issued a statement that cancelling Enron could endanger other private FDI from USA, the same was again used to further its selfish interests. Finally Maharashtra renegotiated its contract with Enron.

3 0

3 years ago

Bill currently uses his entire budget to purchase 5 cans of Pepsi and 3 hamburgers per week. The price of Pepsi is $1 per can, t

Tamiku [17]

Answer:

INCREASE the consumption of Pepsi and REDUCE the consumption of Hamburger

Explanation:

Based on the information given we were told that Bill uses his whole budget to purchase the following :

5 cans of Pepsi

3 Hamburgers per week

And the following were the price:

Pepsi costs $1 per can

Hamburger cost $2

Bill marginal utility:

Pepsi 4

Hamburgers 6

Based on the above details this means that Bill could increase his utility by INCREASING Pepsi consumption and REDUCING hamburger consumption reason been that 5 cans of Pepsi costs $1 per can which will gives us income of $5 ($5×1) while 3 Hamburgers per week cost $2 which will give us income of $6 ($3×2) which typically means that the Hamburgers has more income that Pepsi.

Secondly since the marginal utility for Pepsi is 4 while that of Hamburgers is 6 which means that Hamburgers has higher MARGINAL UTILITY than that of Pepsi because the consumption of Hamburgers is higher than the consumption of Pepsi.

Therefore the best thing that Bill could do in order to increase his Pepsi utility is for Bill to increase Pepsi consumption and reduce hamburger consumption.

8 0

3 years ago

Tracy Company, a manufacturer of air conditioners, sold 200 units to Thomas Company on November 17, 2021. The units have a list

svetoff [14.1K]

Answer:

1. November 17

Accounts receivable 77,000

Sales revenue 77,000

November 26

Dr Cash 74,690

Dr Sales Discounts 2,310

Cr Accounts receivable 77,000

2. November 17

Dr Accounts receivable 77,000

Cr Sales revenue 77,000

December 15

Dr Cash 77,000

Cr Accounts receivable 77,000

Explanation:

1. Preparation of the journal entries to record the sale on November 17 and collection on November 26, 2021

November 17

Accounts receivable 77,000

Sales revenue 77,000

[Price = 200 units * $550 *(100%-30%) = 77,000]

November 26

Dr Cash 74,690

(77,000-2,310)

Dr Sales Discounts 2,310

(77,000*3%)

Cr Accounts receivable 77,000

2.Preparation of the journal entries to record the sale on November 17 and collection on December 15, 2021,

November 17

Dr Accounts receivable 77,000

Cr Sales revenue 77,000

[Price = 200 units * $550 *(100%-30%) = 77,000]

December 15

Dr Cash 77,000

Cr Accounts receivable 77,000

4 0

3 years ago

Can someone help me please

horsena [70]

true because the corporation has more money to spend

4 0

3 years ago

Part 1 : Food Cost Ratio= Food Cost/Food Sales Labor Cost Ratio = Labor Cost/Food Sales Contribution Margin (profit) = Total Sal

Crank

Answer:

Food cost ratio=0,275

Labor cost ratio= 0,25

Total Cost ratio=0,525

Contribution Margin (profit) for the food cost= 9500

Range for a good overall food cost for a restaurant operation=28% - 35%

Part 2:

beverage cost ratio=0.23

range for a good overall liquor cost= 18%-23%

Explanation:

Food cost ratio=Food Cost/Food Sales

=$5500.00/$20000.00=0,275

Labor Cost Ratio = Labor Cost/Food Sales

$5000.00/$20000.00=0,25

Total Cost ratio= ($5500.00+$5000.00)/$20000.00= 0,525

Contribution Margin (profit) for the food cost? Total Sales--Total Costs

=$20000-($5500.00+$5000.00)=9500

What is the range for a good overall food cost for a restaurant operation?

28 % to 35% range

Part 2:

Beverage cost ratio? Beverage Cost/Bar Sales = $1500.00/$6500.00

=0.23

Range for a good overall liquor cost? 18% to 23% range

5 0

3 years ago

A budget that is based on the actual activity of a period is known as a:__________.