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IRINA_888 [86]
3 years ago
14

Explain the use of NBT​

Business
2 answers:
solmaris [256]3 years ago
6 0
National butt time lilllll bend de. ending f f f f. f t r e. s s gmtkend
Natalija [7]3 years ago
3 0
The National Benchmark Tests (NBTs) are assessments for first-year applicants into higher education institutions. The NBTs were designed to measure a writer's ability to transfer understanding of Academic Literacy, Quantitative Literacy and Mathematics to the demands of tertiary coursework
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Which group of players uses the goods and services produced in the game of economics?
KatRina [158]

Answer:

Question 1

Which group of players uses the goods and services produced in the game of economics?

The group of players that uses goods and services produced in the game of economics are the CONSUMERS

Question 2

Which does NOT describe the role that workers play in the economy?

The role that does not describe the role of workers in the economy is act as both consumers and producers. They were never consumers and producers in the economy, they only help in production and make decisions based on business model

Question 3

In economics, businesses do all EXCEPT which of the following?

Businesses does not guide the economy In economics rather they hire workers that helps to carryout production activities among others and organize production and either purchase resources or produce the resources

Question 4

Which of the following statements best describes the results provided by market research?

Market research helps producers understand market forces better, the market forces has to do with the law of demand and supply which helps to acquire the market skills and plan for future occurrence.

Question 5

Which consumer purchase is the result of peer pressure?

mirrored sunglasses because all your friends have them

Question 6

Consumers play an important economic role because they decide on what goods and services to use and buy, how much to buy, and what prices they are willing to pay for it.

True

Question 7

Producers try to satisfy the needs and wants of consumers for goods and services. They have to understand what consumers need or want and how much they are willing to pay for those goods and services.

True

Question 8

Culture, peer pressure, price, and environmental changes influence the decisions made by producers and consumers.

True

Question 9

Which of the following activities shows the government playing the role of producer?

The government buys materials to build a bridge.

Question 10

Which of the following activities shows the government playing the role of consumer?

The government uses electricity to run its offices.

Explanation:

3 0
3 years ago
Which organization provides leadership for the federal reserve system? board of governors congress department of the treasury fe
Setler79 [48]
<span>It is the organization, the Board of Governors, a federal government agency, which provides to the Federal Reserve System its leadership. The Board of Governors is made up of seven members which have been U.S.President-appointed as well as confirmed by the United States Senate.</span>
4 0
3 years ago
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $24.50 per share. On March 1, a dividend of
Naddik [55]

Answer:

$2,435

Explanation:

Data provided in the question:

Number of shares sold = 100

Price of Lowe's stock  = $24.50 per share

Dividend paid = $3.20

Price of buying stock = $20.00 per share

Commission paid = 15 cents per share = $0.15 per share

Now,

Total cost of selling the shares = $24.50 × 100

= $2,450

Total commission = $0.15 × 100

= $15

Therefore,

Proceeds from the short sale = $2,450 - $15

= $2,435

8 0
3 years ago
Joplin Industries Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable J-Sports logo.
motikmotik

Answer:

a.                         Joplin Industries Inc.

             Absorption Costing Income Statement

                  For the Month Ended June 30

Sales                                                                        $81,000,000

Less: Beginning inventory           $4,387,200          

Cost of goods manufactured       <u>$45,756,000</u>

Cost of goods sold                                                 <u>$50,143,200</u>

Gross Profit                                                              $30,856,800

Selling and Administrative Expenses                    <u>$13,122,000</u>

Operating Income                                                  <u>$17,734,800</u>

b.                           Joplin Industries Inc.

                 Variable Costing Income Statement

                      For the Month Ended June 30

Sales                                                                        $81,000,000

Variable cost of goods sold                                   <u>$40,500,000</u>

Manufacturing Margin                                            $40,500,000

Selling and Administrative Expenses                    <u>$12,150,000</u>

Contribution Margin                                                $28,350,000

<u>Fixed cost</u>

Manufacturing cost                   $8,856,000

Selling and Admin Expenses   <u>$972,000</u>

Total Fixed cost                                                         <u>$9,828,000</u>

Operating Income                                                     <u>$18,522,000</u>

4 0
3 years ago
You are to receive $500 at the end of one year; $250 at the end of two years; $300 at the end of three years. if the interest ra
Ulleksa [173]
The value is 210 dollars
6 0
4 years ago
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