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2 years ago

What is a downside of receiving a tax refund?

Business

1 answer:

Dmitry [639]2 years ago

4 0

Answer:

It's a free loan to the government.

Explanation:

you're essentially giving the government a free loan with no interest.

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A firm sells peanuts in a perfectly competitive market. Upon increasing production output from 60 packages to 75 packages, the t

I am Lyosha [343]

Answer:

$75

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

The price per unit = $300 / 60 = $5

The marginal revenue for one unit is $5

Production increased by 15 units, so marginal revenue increased by $5 × 15 = $75

I hope my answer helps you

3 0

2 years ago

Which of the following is not considered a special journal?

zmey [24]

Answer:b

Explanation:

3 0

2 years ago

Sales total 50,000 units a year. The statues are finished either rough or polished, with an average demand of 60% rough and 40%

Tanya [424]

Answer:

It is more profitable to not engrave the statues.

Explanation:

Giving the following information:

Sales= 50,000 units

Polished= 40% of sales

Direct material= $5 per pound

Processing= $300 to convert 30 pounds in 60 statues

Polish= $19 per unit

Engraved= $5 per unit

New selling price= $23,5

We need to determine whether it is more convenient to sell the units engraved or not.

First, we need to calculate the unitary cost of a polished unit.

The total cost of 60 units= 5*30 + 300= $450

Unitary cost (normal)= 450/60= $7.5

Unitary cost (engraved)= 7.5+5= $12.5

Total sales= 50,000*0.4= 20,000 units

Now, we can determine the total contribution margin of both options:

Sell as-is:

Total contribution margin= 20,000*(19-7.5)= $230,000

Engrave:

Total contribtuion margin= 20,000*(23.5 - 12.5)= $220,000

<u>It is more profitable to not engrave the statues.</u>

5 0

3 years ago

A team integrates and tests the Stories on the last day of the Iteration. This has become a pattern for the last three Iteration

fenix001 [56]

Answer: Because the team is waterfalling the iteration

Explanation:

The options to the question are:

a. Because the team consistently meets their commitments, and the Product Owner accepts the stories

b. Because the team is waterfalling the iteration

c. Because the team demonstrates the full stories to the product owner during the iteration review.

d. Because it is difficult to manage dependencies with other teams.

An anti-pattern is a pattern that show that a particular idea will be ineffective, risky and can create further havoc.

Therefore, based on the scenario that a team integrates and tests the stories on the last day of the Iteration which has become a pattern for the last three Iterations.

This is an anti pattern because the team is waterfalling the iteration since the stories are tested on the last day therefore it'll be hard for any adjustments to be made.

7 0

2 years ago

The following account balances appear in the 2021 adjusted trial balance of Beavers Corporation: Service Revenue, $245,000; Sala

Radda [10]

Answer:

Explanation:

In the income statement, the total revenues and the total expenses are recorded.

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.

Before preparing the income statement, we have to compute the net income or net loss for the given period which is shown below:

Net income = Service revenue - Salaries Expense - Supplies Expense - Rent Expense - Depreciation Expense - Delivery Expense

= $245,000 - $104,000 - $17,000 - $23,000 - $38,000 - $15,000

= $48,000

The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

7 0

2 years ago