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3 years ago

The Chinese political environment is very:

Business

1 answer:

VikaD [51]3 years ago

3 0

Answer:

Strict about it's people and not a lot of people own cars. I thinks that's China or that's North Korea. In not sure

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Your friend wants to open a clothing shop. A necessary capital resource is a

saw5 [17]

Answer: Your friend wants to open a clothing shop. A necessary capital resource is a <u>place to open the shop.</u>

Explanation: Capital is the element constituted by money and infrastructure, which are needed to take advantage of human and natural resources in the productive process, considered as essential by the capitalists, since without money and other economic resources, companies cannot settle and industries, because they need it to have facilities, furniture, machinery, buy raw materials, pay staff, and so on.

6 0

3 years ago

At year-end, Sample has cash of $ 14,000, current accounts receivable of $ 70,000, merchandise inventory of $ 42,000, and pr

Delicious77 [7]

Answer:

Days to collect receivables = 26 days

Explanation:

At the start Accounts Receivable = $10,000

Ending Accounts Receivable = $70,000

Credit Sales = $560,000

Average Accounts Receivable = ($10,000 + $70,000) / 2

Average Accounts Receivable = $40,000

Accounts Receivable Turnover = Credit Sales / Average Accounts Receivable

Accounts Receivable Turnover = $560,000 / $40,000

Accounts Receivable Turnover = 14

Days to collect receivables = 365 / Accounts Receivable Turnover

Days to collect receivables = 365 / 14

Days to collect receivables = 26 days

7 0

3 years ago

if the required reserve ratio is 10 percent the banking system currently has excess reserves equal to

prisoha [69]

Answer:

Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.

Explanation:

5 0

3 years ago

Magic Realm, Inc., has developed a new fantasy board game. The company sold 35,600 games last year at a selling price of $62 per

Natasha_Volkova [10]

Answer:

1a.

Magic Realm, Inc.,

Contribution format income statement

Per Unit Amount

Sales 62 2,207,200

Variable expenses 42 (1,495,200)

Contribution margin 20 712,000

Fixed expenses (623,000)

Net operating profit 89,000

1b.

Degree of operating leverage: 4

2. The expected percentage increase in net operating income for next year: 184%

Explanation:

1a. Please refer to the answer part

1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.

Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%

3 0

3 years ago

Under what elasticity conditions would the following be true? "Increasing the minimum wage will result in a decrease in employme

nydimaria [60]

Answer:

The elasticity of labor is elastic (low elastic).

Explanation:

The given situation or condition, the rise in minimum wage will lead to decrease the employment for the person who earns lower than new minimum wage shows that the labor demand is elastic or elasticity for the labor is low because the increase in the minimum wage lead discourages to the producer to hire unskilled labor. Therefore, employment will decrease with an increase in the minimum wage.

5 0

3 years ago