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3 years ago

21. What are the benefits that may accrue to a community from busi

1 answer:

4 0

Major benefits of business in the local economy include a boost in employment and discretionary income in the community, tax income increases for local governments and a loyal customer base for businesses.

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Corporation has found that % of its sales in any given month are credit sales, while the remainder are cash sales. Of the cred

Reika [66]

Answer:

Some information is missing, specifically the % of credit sales. Similar questions use 80%, so I will use that %. Also, November sales were $85,000 and December sales were $115,000.

<h2> <u>Cash collections budget</u></h2>

January February March

Cash sales $30,000 $26,000 $35,000

Collection from Nov. sales $16,320

Collection from Dec. sales $36,800 $22,080

Collection from Jan. sales $24,000 $48,000 $28,800

Collection from Feb. sales $20,800 $41,600

<u>Collection from March sales $28,000</u>

Total cash collections $107,120 $116,880 $133,400

3 0

3 years ago

Which level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assuranc

Neko [114]

The level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assurance regarding the accuracy of the information would be low only.

In the given scenario we are given that there is no way to reassure ourselves that the information is accurate about the lemons in the existing market.

So we can not be a hundred percent sure that the information regarding the lemons existing in the market is correct.

As a result, if there was no method to verify the authenticity of the information, only low-quality information would eventually be available in the market for lemons.

Learn more about the market:

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3 0

2 years ago

On January 1, 2021, Adams-Meneke Corporation granted 15 million incentive stock options to division managers, each permitting ho

harkovskaia [24]

Answer:

the ansewer is 25 dollars

7 0

3 years ago

A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in Capital in Excess of Par Value, $

Nitella [24]

Answer:

b. number of shares issued is 80,000

Explanation:

In the question, the common stock par value and the total amount is given. Moreover, paid-in capital is also given.

So, if we compute it, then it gives the number of shares issued because it contains a formula which is shown below:

Number of shares issued = (Common stock ÷ Par value)

= ($80,000 ÷ $1)

= 80,000 shares

So, paid-in capital is not relevant in the computation part, and therefore, the other options are wrong except b. option.

7 0

3 years ago

Answer the question on the basis of the given supply and demand data for wheat. Bushels Demanded Per Month Price Per Bushel Bush

Flura [38]

Answer:

C. farmers would not be able to sell all their wheat.

Explanation:

At a price of $4, quantity supplied exceeds quantity demanded. Quantity supplied is 73 while quantity demanded is 50. There is an excess supply over demand. Therefore, farmers would not be able to sell all their wheat.

Equilibrium price is $2. This is where quantity supplied equals quantity demanded.

I hope my answer helps you

6 0

3 years ago