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kaheart [24]
3 years ago
15

Shelby Cabinets, Inc. produces custom cabinets. The following inventory balances appeared on its balance sheet.

Business
1 answer:
velikii [3]3 years ago
8 0

Answer:

$855,000 yippie!!!

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The accounting profit is equal to
Archy [21]
Is the monetary costs a firm pays out and the revenue a firm receives. It is the bookkeeping profit<span>, and it is higher than economic </span>profit<span>. </span>Accounting profit<span> = total monetary revenue- total costs.</span>
7 0
3 years ago
Campbell Co. has net sales revenue of $1,340,000, cost of goods sold of $760,900, and all other expenses of $299,000. The beginn
Softa [21]

Answer:

3.50

Explanation:

Given the information above, we need to find first the Average fixed assets.

Average fixed assets = Fixed assets beginning balance + Fixed assets ending balance / 2

= ($370,000 + $398,000) / 2

= $384,000

Then , the fixed assets turnover will be calculated as;

Fixed assets turnover = Net revenue / Average net fixed assets

= $1,340,000 / $384,000

= 3.50

Therefore, Campbell Co. Fixed asset turnover ratio would be 3.50

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2 years ago
A​ single-price monopoly​ _______. A. experiences economies of scale over the relative portion of the LRAC curve B. is a price t
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Answer:

C

Explanation:

Because he can not price discriminate

4 0
2 years ago
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Jean says to Joan, "If you'll promise to feed my dog each day while I am out of town next week, I'll pay you $100." Joan replies
blsea [12.9K]

Answer:

When Joan said that she would feed Jean's dog

Explanation:

A verbal contract comes into existence when there is a proposal and the person who receives the offer accepts the conditions. When the offeror and the offeree comes into a verbal agreement (terms and conditions) the speaking acceptance becomes the contract into reality.

3 0
3 years ago
The government wants to ensure that emergency exits are accessible in office buildings. Its incentive is to _____. provide safe
tatiyna
Provide safe workplace! 
Hope this help
8 0
3 years ago
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