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N76 [4]
2 years ago
13

Mrs. Beach bought shells at a gift shop. The red shells (r) were $0. 75 each, and the white shells (w) were $0. 49 each. The tot

al cost was $4. 70 for 8 shells. Later, the clerk forgot how many of each color shell he sold, so he guessed 4 red and 4 white shells. That was 8 shells, but the cost was $4. 96. What advice would you give the clerk for his next guess?.
Business
1 answer:
inessss [21]2 years ago
4 0

The next guesses of the clerk should be less of red shells and more of white shells.

<h3><u>Decision about less of white and more red shells</u>:</h3>

Given that,

   Red shell [r] costs         =       $0.75 each.

   White shell [w] costs     =        $0.49 each.

   Total of 8 shells              =       $4.70

The clerk guesses that the $4.96 for 4 red shells and 4 white shells is greater than the actual purchase.

Therefore,

The clerk should make use of less red shells, and more of white shells, because the unit costs of red shell is more than the white shell.

Learn more about equations, refer:

brainly.com/question/2574274

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_____ is the authority granted by a domestic firm to an overseas firm for the rights to produce and market its product or to use
brilliants [131]

Answer:

Foreign License

Explanation:

According to my research on different licensing agreements, I can say that based on the information provided within the question the term being described in the question is called a Foreign License. Like mentioned in the question this type of licensing is an arrangement between two companies to manufacture, distribute and sell the first companies product in countries outside the country of Origin.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
4 years ago
Rent controls can cause a. ​a decline in the quality of housing available for rent. b. ​the development of a black market to all
Lisa [10]

Answer:

d. ​all of these are possible results of rent controls.

Explanation:

Rent control is when the price of rent is set below the equilibrium price by the government or an agency of the government.

When rent control is done, supply falls as most suppliers would stop selling houses or leave the market. This can lead to the development of a black market to allocate apartments to renters or a longer search times for renters attempting to locate an apartment.

Alternatively, suppliers might reduce the quality of houses so as to reduce cost of production and maximise profit.

I hope my answer helps you

7 0
3 years ago
Interest earnings of 4 percent with a $450 minimum balance; average monthly balance, $600; monthly service charge of $20 for fal
Ray Of Light [21]

Answer:

$86

Explanation:

Missing word <em>"What could be the net annual cost"</em>

<em />

Monthly fee = $20

Interest rate = 4% = 0.04

Average monthly balance = $600

Net annual cost = $20*5 - 0.04*$600*7/12

Net annual cost = $100 - $14

Net annual cost = $86

So, the net annual cost of this account is $86.

7 0
3 years ago
Which term describes the reduction in an asset’s value over its lifespan?
Verizon [17]

Answer:

Depreciation / Amortization

Explanation:

Depreciation is an accounting concept that describes the process of allocating the cost of an asset over its meaningful life. Assets require a substantial amount of capital investments. Expensing the entire cost of an asset in one financial year is against the income and expense matching principle.

The business spreads the cost of the asset in each year that the asset is expected to generate revenue. The cost of the asset is divided equally with the number of its useful years. At the end of each year, the depreciation amount is charged to the profit and loss statement of the business.

Depreciation is the term used for tangible assets, while amortization is used for intangible assets. The two operate on the same concept.

5 0
3 years ago
Landon jewelers uses the perpetual inventory system. on april 2, landon sold merchandise with a cost of $3,500 for $8,000 to a c
il63 [147K]
<span>the journal entry to record the cost of goods sold would be n = 3500, t = 1/15, n/30</span>
5 0
3 years ago
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