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1 year ago

There are not enough goods and services to meet the wants of the population

Business

1 answer:

brilliants [131]1 year ago

5 0

Answer:

Explanation:

The fact that limited amounts of goods and services are available to meet unlimited wants is called scarcity. ... Scarcity always exists. There simply are not enough goods and services to supply all of society's needs and wants.

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Suppose on august 27, there were 1,455 stocks that advanced on the nyse and 1,553 that declined. the volume in advancing issues

butalik [34]

Answer:

trim ratio = 1.15 and bearish

Explanation:

given data

stock = 1,455

decline = 1,553

volume in advancing issues = 852581

volume in declining issues = 1,058312

solution

we get here the trim ration is express here as

trim ratio = (stock ÷ decline) ÷ ( advancing issues ÷ declining issues ) ...............................1

put here value and we get trim ratio

trim ratio = $\frac{\frac{1455}{1553} }{\frac{852581}{1058312} }$

solve it we get '

trim ratio = 1.15

and here we see trim is greater than 1 so

it is bearish

4 0

2 years ago

Maple Products is a manufacturer of electronic goods that markets its products in several countries across the world. The compan

Anton [14]

Answer:

C. serviceability

Explanation:

7 0

2 years ago

The cash effects of transactions that create revenues and expenses are

iren [92.7K]

Answer:

The cash effects of transactions that create revenues and expenses are operating activities.

Explanation:

Operating activities are useful to stable the business and they are mostly based on cash transactions. Business need cash for their daily operational activities.

6 0

2 years ago

The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ende

AfilCa [17]

Answer:

Refer to the below explanation

Explanation:

1. Traditional income statement.

Revenue $1,260,000

Cost of goods sold = Beginning inventory + purchases - Ending inventory

= $70,000 + $285,000 - $105,000

=$ 250,000

Gross profit= Sales - cost of goods sold

= $1,260,000 - $250,000

=$1,010,000

Administrative expenses = $19 × ($1,260,000/450) + $105,000

= $158,200

Selling expenses = $50 × ($1,260,000/450) + $155,000

=$295,000

EBITDA = $556,800

2. Contribution margin statement

Sales. = $1,260,000

Less

Total Variable cost:

Cost of goods sold =$250,000

Variable selling exp.

2800 × $50=$140,000

Administrative exp.

2800 × $19=$53,200

Total variable cost. =$56,800

Contribution margin =$1,203,200

Less

Total Fixed costs:

Selling expenses =$155,000

Administrative expenses=$105,000

Total fixed cost =$260,000

Net profit. = $943,200

3. Contribution margin per ratio

= Contribution margin / Quantity

=$1,203,200 / 2,800

=$430

5 0

2 years ago

A working capital managers role is to manage: Select one: a. accounts receivable and payable only. b. cash, inventory, accounts

Dima020 [189]

Answer:

b. cash , inventory, accounts receivable, accounts payable and risk management

Explanation:

Working capital is defined as a measure that shows how a company is operating efficiently and it's ability to meet the short term financial obligations.

When a business working capital is properly managed, then the business will be healthy financially hence operate successfully and able to meet up with it's daily obligations.

A good working capital manager must be able to make use of working capital management to maintain balance between profitability, growth and liquidity. The role of working capital manager is also to manage cash, inventory, accounts receivable and payable and risk management.

A working capital manager must be able to manage cash that will be used for a business daily operation, must ensure the business inventories are properly managed and accounted for. It's duty also include risk management as he is responsible for making decisions regarding day to day finance of a business operation; the success or failure in terms of meeting up with short term financial obligation depends on him.

6 0

2 years ago