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2 years ago

Unloading the dishwasher is an example of a _____.

Business

1 answer:

svp [43]2 years ago

6 0

Answer:

C. Locationally sensitive task

Explanation:

Unloading a dishwasher is physical task that requires a high level of attention and care, e.g. if you do not pay attention you might end up breaking all the dishes. Even though it is not something difficult to do, if not done properly, there are several things that could go wrong so your focus must be solely placed on doing that specific task.

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Abbie Marson is the sole owner and operator of Great Plains Company. As of the end of its accounting period, December 31, Year 1

Nataliya [291]

Answer:

The net income for Year 2 is $ 114,482

Explanation:

Accounting Equation is used in order to calculate the closing capital figure of Year 1 and Year 2:

Assets=Liabilities + Equity.

we can rearrange the formula as Assets-Liabilities = Equity

So in Year 1. the closing capital is: $910,049-$274,794 = $635,255.
In Year 2. the closing capital is : $988,160-$234,792 = $ 753,368

Now we can construct an equation to drive net income of year to by means of balancing figure:

Opening capital year 1: $635,255

+ Additional Capital in Year 2: $28,651

-Drawing in year 2: $(25,020)

Net Income(Balancing figure) <u>$114,482</u>

Closing Capital Year 2: $ 753,368

7 0

2 years ago

Read 2 more answers

The following information was taken from Baxter Department Store's financial statements:

vodka [1.7K]

Answer:

500,000÷ 200,000 = 2.5

Explanation:

inventory turnover is calculated as

cost of goods sold ÷ Average inventory

From the information of Baxter department store's financial statement, cost of goods sold can be calculated as

Opening inventory + purchases - closing inventory

100,000 + 700,000 - 300,000 = 500,000

cost of goods sold = 500,000

Average stock is calculated as opening inventory + closing inventory ÷ 2

100,000 + 300,000 ÷ 2 = 200,000

Average inventory = 200,000

Therefore inventory turnover = 500,000÷ 200,000 = 2.5

7 0

3 years ago

Select the correct answer.

MAVERICK [17]

Answer:

Explanation:

7 0

2 years ago

Read 2 more answers

Suppose that the U.S. government decides to charge cola producers a tax. Before the tax, 35,000 cases of cola were sold every we

galben [10]

Mark brainlest please

Answer:

The amount of tax will be $3
Tax Burden on consumer is $2
Tax burden on producer ( in case you want to know) will be $1

Check the image below.

Tax is equal to the difference between the price actually paid by the buyer and the price actually received by the seller. Tax= Price paid by buyer-Price received by seller Tax= $8-$5 Tax = $3 Thus the tax computed is $3 per case.

3 0

2 years ago

Monopolistically competitive markets are characterized by a large number of firms A economies of scale B standardized products C

zavuch27 [327]

Answer:

The answer is B. standardized products

Explanation:

Monopolistic Competition has the following characteristics :

1. There large numbers of buyers and sellers

2. The products offered by sellers are close substitutes for the products offered by another seller.

3. The costs associated with entry and exit are low.

4. Sellers differentiate their products through advertising, branding etc.

Know that the most distinguishable factor in this market is product differentiation or standardized products.

The extent to which the seller is successful in product differentiation determines pricing power in the market.

The demand curve in this market is downward sloping i.e increase in price will lead to decrease in quantity demanded. This market is similar to perfectly competitive market.

The economic profit will fall to zero in the long run because the entry costs are not high.

7 0

3 years ago