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Identify Ten (10) Differences that exist Between

Alisiya [41]

Explanation:

Consumers buy products for their own use, while businesses buy goods to use in their continuing activities and resell to consumers. Customers appetite and the need for manufacturing supplies force organizations to buy products in greater quantities than people.

4 0

3 years ago

When oil prices go up, we tend to see less investment by consumers in _____________________.

balu736 [363]

Larger vehicles with larger motors because they use oil whereas electric cars run on electricity,biofuels refers to oils if people invest to extract it they can earn money,solar energy is free and doesn’t require anything. Hence, people tend to spend less on larger machines with larger motors.

7 0

2 years ago

Read 2 more answers

A 10K financial report include which of the following financial statements (need help asap!!!)

Yuki888 [10]

A 10-K is just a more detailed Annual Report, without the visuals.

They includes info regarding the company and it's financial performance over the last year.

Balance Sheet's are financial statements that report a company's assets, liabilities, and equities at a specific point in time.

Therefore, we can conclude that 10-K reports include Balance Sheets

3 0

3 years ago

I am having trouble in personal finance and need to learn how to figure out S=P(1+rt) and P=S(1+rt). Can someone assist me in le

NNADVOKAT [17]

A=p(1+rt)
A=future value
P=present value
R=interest rate
T=time
If you want to find present value
P=A/(1+rt)
If you want to find interest rate
R=[(A/p)-1]divided by t
Finally if you want to find time
T=[(A/p)-1]divided by r

7 0

3 years ago

The following data relate to the Torrence Company for May and August:

Zinaida [17]

Answer:

Total cost= $1,193,000

Explanation:

Giving the following information:

May August

Maintenance hours 25,000 29,000

Maintenance cost $1,175,000 $1,247,000

First, we need to calculate the variable and fixed costs using the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (1,247,000 - 1,175,000) / (29,000 - 25,000)

Variable cost per unit= $18

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 1,247,000 - (18*29,000)

Fixed costs= $725,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 1,175,000 - (18*25,000)

Fixed costs= $725,000

Now, the total cost for 26,000 hours:

Total cost= 725,000 + 18*26,000

Total cost= $1,193,000

7 0

2 years ago