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3 years ago

Ajay borrowed $6000 cash from his friend Tim, *

Business

1 answer:

ad-work [718]3 years ago

6 0

Answer:

Ajay account will be credited with $6000. While Tim account will be debited by $6000

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Planet Company had operating income of $12,000, average operating assets of $125,000, and sales of $45,000. What is Planet's ret

Vadim26 [7]

Answer:

36.36%

Explanation:

Return on investment is given as;

Profit / Cost of goods sold × 100%

Given that profit is $12,000 and sales is $45,000 ;

Cost of goods sold

= $45,000 - $12,000

= $33,000

Therefore, return on investment is

= 12,000 / 33,000 × 100%

= 36.36%

4 0

3 years ago

The following monthly data are available for Waterway Industries. which produces only one product: Selling price per unit, $54;

o-na [289]

Answer:

Margin of safety= 950 units

Explanation:

First, we need to calculate the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 42,000 / (54 - 14)

Break-even point in units= 1,050

Now, the margin of safety in units:

Margin of safety= (current sales level - break-even point)

Margin of safety= 2,000 - 1,050

Margin of safety= 950 units

8 0

3 years ago

Worth Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufact

nignag [31]

Answer:

COGS= $854,000

Explanation:

Giving the following information:

the cost of goods manufactured, $866,000

beginning finished goods inventory, $252,000

and ending finished goods inventory, $264,000

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 252,000 + 866,000 - 264,000= $854,000

3 0

3 years ago

If you are asked to describe how you handled the problem with your manager in your past job, what type of interview question was

skelet666 [1.2K]

Answer:

The correct answer is letter "B": behavioral interview.

Explanation:

A behavioral interview is the type of interview in which applicants are questioned how they reacted in front of different types of situations. This is done with the idea applicants' past actions can predict the way they are likely to behave in the future. Most interviews have behavioral questions for applicants but do not only focus on their past reactions at work.

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3 years ago

Summary and reflection .... how can we manage the problem of scarcity ?

Effectus [21]

The main thing we can do to manage the problem of scarcity is to not overspend.

Scarcity happen when the number of demand in our society heavily outnumber the amount of resources available. By observing our consumption behavior today, we will notice that a lot of people spend money to buy more goods or services that they actually need.

If we control this overspending behavior, not only people who overspend can save some of their money, there will be a lot of goods/services left for other people.

7 0

3 years ago

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