Answer:
$260,000
Explanation:
Opening balance = Ending balance - Increase in ending balance
=$66,000 - $10,000
=$56,000
Supplies Expenses = Opening balance + Purchases - Closing balance
=$56,000 + $270,000 - $66,000
=$336,000 - $66,000
=$260,000
Therefore, the amount that will be the adjusting entry to supplies expenses is $260,000
Answer:
Yes, there is no need to change the eatings habits
Explanation:
Ari will maximize utility until
MU / P for both is equal in order to be at equilibrium
So, in this case,
For Hot dogs
= MU / P
where
MU is marginal utils, which is 20
P is Price, which is $2
So,
= 20 / $2
= 10
For Hamburgers
= MU / P
where
MU is marginal utils, which is 25
P is Price, which is $2.5
So,
= 25 / $2.5
= 10
Therefore, MU / P for hot dog = MU / P for Hamburger
Hence, there is not need to change the eatings habits.
A company's plan for the acquisition of long-lived assets, such as buildings and equipment, is commonly called a Capital Budget.
<h3>
What is a Capital Budget?</h3>
- The procedure a company uses to assess potential big projects or investments is called capital budgeting.
- Before a project is accepted or denied, capital budgeting is necessary. Examples of such projects include the construction of a new plant or a significant investment in a third-party enterprise.
- It is a means of locating a superior offer for the expansion of the company.
- A company's bottom line is frequently affected by significant capital decisions, which are frequently tied to capital planning.
- In capital budgeting, projects that improve a business are chosen. Almost everything, including the acquisition of land or the purchase of fixed assets like a new truck or machinery, can be included in the capital budgeting process.
To learn more about Capital Budget refer to:
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Answer:
A
Explanation:
Economic risk is the risk that macroeconomic conditions would affect the value of investment .
Examples of economic risks are Recession and inflation
Answer:
D : All options are correct
Explanation:
- The marginal buyer is the essence of demand curve while marginal seller is essence of supply curve.
- @ Q = 500 units, Selling Price is set at SP = $35
- @ Q = 500 units, Buying Price is set at BP = $40
- Since, SP ≠ BP our equilibrium price would be $ 37.5 assuming the price elasticity of demand and supply are equal. In any case the equilibrium price would lie in between [ 35 , 40 ] such that to prevent a shortage of units in near future.
- Moreover, if the seller decides to sell at price $35 then he must sell goods greater than 500 units to reach the equilibrium profits. However, it could also lead to excess of units or surplus.
- We see that from selling the goods at SP = $35 while the buyer is willing to pay BP = $40 for 500 goods, the seller would be under-profiting and would be earning $5*500 = $2,500 less than he would at equilibrium price of $40 and selling units greater than 500. Hence, 500 goods is not an efficient quantity of goods.