1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rzqust [24]
3 years ago
8

1. If the current allocation of resources in a market for a certain good is efficient, then it must be the case that

Business
1 answer:
sweet-ann [11.9K]3 years ago
6 0

Answer:

D

Explanation:

You might be interested in
A decision in which a manager needs to determine whether a product line (or segment) should continue or be eliminated is what ki
Marianna [84]

Answer:

Keep-or-drop decision

Explanation:

Keep-or-drop decision is taken when a manager is in a dilemma whether to continue a product line or segment or shut it down. The manager needs to analyse income statement related to the product line to understand the major issue with product line. If costs are more than revenue, then the product line needs to be shut down. If the reasons for incurring losses can be addressed and that revenue from the product line is more, then it is not dropped.

Therefore, manager takes a keep-or-drop decision.

7 0
3 years ago
The comparative balance sheets for 2021 and 2020 are given below for Surmise Company. Net income for 2021 was $88 million.
Alinara [238K]

It can be deduced that the cash flow shows that the net cash provided by operating activities will be $58 million.

<h3>How to compute the statement of cash flow</h3>

<u>Cash flow from operating activities</u>

Net income = $54 million

Add: Depreciation $15 million.

Add: Bad debt = $6 million

Add: Amortization expense = $3

<u>Changes in operating assets and liabilities</u>

Decrease in account receivable = $4 million

Increase in inventory = ($9 million)

Increase in prepaid expense = ($2 million)

Decrease in account payable = ($10 million)

Decrease in accrued liability = ($3 million)

Net cash provided by operating activities = $58 million

In conclusion, the net cash provided by operating activities is $58 million.

Learn more about cash flow on:

brainly.com/question/735261

8 0
2 years ago
During the month of June, Whispering Boutique recorded cash sales of $302,810 and credit sales of $130,219, both of which includ
irina [24]

Answer and Explanation:

The Journal entry is shown below:-

1. Sales revenue Dr, $28,656      ($121,700 + $287,673) × 7%

                To Sales tax payable $28,656

(Being sales tax payable is recorded)

Here we debited the sales revenue as it decreased the revenue while we credited the sales tax payable as  it increased the liabilities so that the proper posting could be done

Working note

Credit sales = $130,219 × 100 ÷ 107

= $121,700

Cash sales = $302,810 × 100 ÷ 107

= $287,673

7 0
3 years ago
Plz help..What is a bank overdraft? ​
Oksana_A [137]

Answer:

An overdraft is an extension of credit from a lending institution that is granted when an account reaches zero. ... Basically, an overdraft means that the bank allows customers to borrow a set amount of money. There is interest on the loan, and there is typically a fee per overdraft

hope it will help you...

6 0
3 years ago
Anyone ? I need help
lozanna [386]

Answer:

a lender pays off your existing loans with a new one at a lower interest rate.

Explanation:

5 0
3 years ago
Other questions:
  • Critical Thinking Questions What investment options are open to Natasha? What chance does she have of earning a satisfactory ret
    8·1 answer
  • Also for business class polling: why don't people like selena gomez, gigi hadid and taylor swift
    7·2 answers
  • $800 of supplies were purchased at the beginning of the month and the Supplies account was increased. As of the end of the perio
    8·1 answer
  • Strategic fit among the many activities in the value chain is critical for competitive advantage because it is more difficult fo
    10·1 answer
  • Which of the following is a false statement regarding a sole proprietorship?
    9·1 answer
  • What is the main aim of business office​
    12·1 answer
  • Teal Mountain Industries produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage
    9·1 answer
  • True or false: a manager's self-appraisal is the most accurate source of information regarding leadership strengths and weakness
    11·1 answer
  • Define the following:<br> 1. Allocation of resources<br> 2. Economic system<br> 3. Market economy
    10·2 answers
  • what best describes ""accountability"" in journalism? group of answer choices representing and telling stories of company matter
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!