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2 years ago

What is an advantage of taking out a long-term loan instead of a short-term

Business

1 answer:

Naya [18.7K]2 years ago

4 0

Answer:

Explanation:

wldodoro and I have been compounded 3orif for the local community and sort them 56feet out in the development area and to the environment I will not magnify the role I am

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True or False: A price ceiling below $25 per box is not a binding price ceiling in this market. True False Because it takes many

jeyben [28]

Answer:

1. False

2. Shortage; Larger

Explanation:

1. A binding price ceiling is one that prevents the market from reaching its equilibrium. In this market, the equilibrium price is $25 therefore anything below $25 will be binding. A price ceiling below $25 per box is a binding ceiling.

2. Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a shortage that is larger in the long run than in the short run.

In the long run, supply is more sensitive because farmers can decide to plant oranges on their land, to plant something else, or to sell their land altogether.

This means that a price ceiling in the long run will be less attractive to farmers so they might leave the market. If they do this then the shortage will be more as there are now less supplies in the market.

7 0

3 years ago

Mill Co.'s trial balance included the following account balances at December 31, Year 6:

o-na [289]

Answer:

D) $45,000

Explanation:

The computation of the amount which is included in the current liability section is shown below:

= Account payable balance + bonds payable - discount on bonds payable + dividend payable

= $15,000 + $25,000 - $3,000 + $8,000

= $45,000

The current liability is that liability which is arise for one year. Since, the notes payable is a long term liabilities so we do not consider in the computation part.

4 0

2 years ago

siniylev [52]

"D. job-specific training" I believe...

5 0

2 years ago

A house in the neighborhood has been well maintained. The seller has made sure that all the electrical systems are working to co

Greeley [361]

Answer:

utility power

Explanation:

In simple words, the location of the house has been said to be in a prominent region, it gives the house a competitive advantage over other units, also the house has been maintained and restructured bu the seller so that it looks more good and healthy.

The subject unit has been restructured in a way that it satisfied all the needs of the buyer, thus, it brings a lot of utility power to the market in respect of its value.

6 0

3 years ago

Smart Stream Inc. uses the total cost method of applying the cost-plus approach to product pricing. The costs of producing and s

gogolik [260]

Answer:

Smart Stream Inc.

a) Total costs:

Variable costs:

Direct materials = $1,500,000 ($150 x 10,000)

Direct labor = $250,000 ($25 x 10,000)

Factory overhead = $400,000 ($40 x 10,000)

Selling and Administrative = $250,000( $25 x 10,000)

Total variable costs = $2,400,000 ($240 x 10,000)

Fixed Costs:

Factory overhead = $350,000

Selling and admin = $140,000

Total fixed costs = $490,000

I) Total costs = variable plus fixed costs = $2,890,000 ($2,400,000 + 490,000)

II) Total cost per unit = $289 ($2,890,000/10,000)

Explanation:

The total cost method includes all the costs in arriving at the unit cost before adding the desired profit to arrive at the selling price of a product.

Total costs include the cost of goods sold and the expenses incurred in running the business for the period.

It is unlike the product cost-plus and variable cost-plus approaches to product pricing. For the product cost-plus approach, only the costs of production is taken into consideration for arriving at the selling price. In that case, the costs of direct materials and labor, and factory overheads would be considered, while variable and fixed selling and administrative costs are excluded. The unit cost would have been $250.

The variable cost-plus approach considers only the variable elements of costs to arrive at the selling price. These include the direct materials and labor costs, and variable element of the factory overhead and selling and administrative expenses. The unit cost would have been $240 as stated in the question.

These different cost-plus pricing approaches are more suitable for some industries than others. No matter the choice made, it must be noted that they result in different selling prices and can affect the competitiveness of a company.

4 0

3 years ago