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Romashka [77]
2 years ago
12

Explain the required steps to complete a work sheet by placing the following steps in the correct order. (Put the first step at

the top.)
Instructions
Choice 1 of 5. Total financial statement columns, compute income or loss and balance columns. toggle button Total financial statement columns, compute income or loss and balance columns.
Choice 2 of 5. Enter unadjusted trial balance. toggle button Enter unadjusted trial balance.
Choice 3 of 5. Sort adjusted trial balance amounts to financial statements. toggle button Sort adjusted trial balance amounts to financial statements.
Choice 4 of 5. Enter adjustments. toggle button Enter adjustments.
Choice 5 of 5. Prepare adjusted trial balance. toggle button Prepare adjusted trial balance.
Business
1 answer:
MrRissso [65]2 years ago
3 0

Answer:

Explanation:

This is the correct answer

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True or false the best way for manufacturers to control quality is by arranging for products to be inspected at the end of the p
bazaltina [42]
This statement is true
6 0
3 years ago
monopolistically competitive firms are unable to produce enough output to reach the average total cost because of the presence o
stich3 [128]

Monopolistically competitive firms are unable to produce enough output to reach the average total cost because of the presence of other monopolistically competitive firms in the industry.

  • Monopolistic competition arises when several businesses provide rival goods or services that are comparable but imperfect replacements.
  • Entry barriers are low in monopolistic competitive industries, and actions made by one business do not immediately impact those of its rivals. Pricing and marketing choices are how the rival firms set themselves apart.
  • Businesses engaged in monopolistic rivalry distinguish their goods through price and marketing tactics.
  • The expenses or other impediments that prohibit new rivals from joining a market are minimal in monopolistic competition.
  • Between perfect and monopolistic competition, known as monopolistic competition, there is monopolistic competition, which incorporates aspects of both and entails businesses with comparable but distinct product offers.

Learn more about Monopolistic competition, here

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4 0
1 year ago
Which of the following illustrates the law of demand? a. Jorge buys fewer pencils at $2 per pencil than at $1 per pencil, ceteri
iVinArrow [24]

Answer:

e. a and c

Explanation:

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. This occurs because of the law of diminishing marginal utility.

The law of diminishing marginal utility states that the more of a commodity is consumed, the lower the utility derived from the consumption of the product.

It follows that Jorge and karissa would demand less of pencils and sweaters as their prices rise.

The demand curve is usually downward sloping to illustrate the law of demand.

4 0
3 years ago
Proponents of rational expectations theory argued that, in the most extreme case, if policymakers are credibly committed to redu
White raven [17]

Answer:

The sacrifice ratio could be as small as 0

Explanation:

The Sacrifice Rate is the loss of output due to the fight against inflation, and can be expressed as how much product is lost to reduce inflation by 1 percentage point. The Sacrifice Rate is a proposition by economist Robert Lucas Jr, who noted that the slowdown in long-term inflation is associated with a reduction in the production of goods and services over a period of time until economic agents adapt to the new reality. pricing and restructuring their expectations of the economy. Therefore, the social cost of fighting inflation is a reduction in GDP and an increase in the unemployment rate.

Because of this, we can conclude that if policymakers are committed to reducing inflation and rational people understand this commitment and quickly reduce their inflation expectations, the sacrifice rate can be as low as 0.

7 0
3 years ago
Nick has a comprehensive health care policy with a $250 per-calendar-year deductible, an 80% co-insurance provision, and a $1,00
VikaD [51]

Answer:

Nick  pay maximum $930

so correct option is d. $930

Explanation:

given data

health care policy = $250

co-insurance provision = 80 %

it mean claim to be paid by insurance company = 80%

and claim to be paid by Nick =  20 %

co payment cap = $1,000

claim insurance = $600

company paid  = $280

total bills = $5,000

to find out

How much will Nick have to pay for the second claim

solution

we get first amount to be paid by insurance company and nick  is

amount to be paid by insurance company and nick  = $600 - $250

amount to be paid by insurance company and nick = $350

and

we know here 80% of $350  paid by insurance company

so paid by insurance company  = 80% of $350 = $280

and  paid by Nick = $350 - $280 = $70

so Limit available to co payment = $1000 - $70

Limit available to co payment = $930

so Nick  pay maximum $930

so correct option is d. $930

5 0
3 years ago
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