the demand for agricultural products is multiple choice relatively elastic with respect to price. relatively inelastic with respect to price. relatively elastic with respect to income. downsloping to the individual farmer but perfectly elastic to farmers as a group.

Answers

Answer 1

The demand for agricultural products is relatively inelastic with respect to price.

An economic concept known as "inelasticity" describes an item or service's unchanging quantity while its price varies. When prices rise, consumers' purchasing patterns essentially stay the same, and when prices fall, those same purchasing patterns still hold true. This is known as inelastic demand.

When there is a significant shift in quantity demanded when the price changes, a good or service is said to have elastic demand. When there is a small change in the quantity demanded when the price changes, a good or service has inelastic demand. The term "price inelasticity of demand" is another name for this.

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Related Questions

The free enterprise system is a type of economy that?

Answers

Answer:

The governemnt doesnt have many restrictions on buisness, Business has a lot of say in government activity.

Explanation:

Answer:

prevents governments from interfering with businesses.

Explanation:

You want to start a Business, but you are unaware about the Business risk. Analyze the factors that cause Business risks.

Answers

Answer:

Business risks can be caused by a variety of factors, including economic conditions, market fluctuations, regulatory changes, and natural disasters. It's important to understand these risks before starting a business so that you can take appropriate measures to mitigate them.

Explanation:

The workers health , are u financially enough to do
The business , u gotta pay the workers

There is an inverse relationship between followers and engagement -- surprisingly, the more followers, the LESS engagement with posts. Why do you think non-celebrities are able to influence buying behavior?

Answers

This is because the followers are aware of the celebrity and their motivations, thus their purchasing decisions aren't as affected by consumer behaviour.

What is consumer behaviour?

The activities and choices that consumers make when using or purchasing things are referred to as consumer behaviour in marketing. Consumer behaviour towards a product encompasses all aspects, from the original choice to acquire it through how they use it and whether they decide to make additional purchases of it in the future or not. Consumer behaviour can be divided into four categories: routine purchases, variety-seeking purchases, purchases made to avoid dissonance, and sophisticated purchases. The sort of goods a consumer needs, their level of involvement, and the variations between companies all influence the forms of consumer behaviour they exhibit.

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17. Why is it important to identify the stakeholders of a business? In your own words

Answers

Without the support of stakeholders an organization would seize to exist. They affect organization by defining the future of the company. Some examples of stakeholders are: government, employees, customers, investors, communities, and suppliers.

Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04

Answers

The solution to the given question when we consider total cost and total revenue, given in the following table:

The Financial Table

Quantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit

------- | -------- | -------- | -------- | -------- | --------

0     | 5       | 5        | 0        | 0        | -5

1     | 11      | 6        | 6        | 6        | 1

2     | 17      | 6        | 12       | 6        | 5

3     | 24      | 7        | 18       | 6        | 4

4     | 31      | 8        | 24       | 6        | -7

5     | 39      | 8        | 30       | 6        | -9

6     | 47      | 8        | 36       | 6        | -11

7     | 55      | 8        | 42       | 6        | -13

As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.

Therefore, the answer to the question is 3.

In summary:

The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.

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Pizza International, Incorporated, reported the following information (in thousands):



Operating Activities
Net Income $ 100
Depreciation 33,305
Increase in receivables 170
Decrease in inventory 643
Increase in prepaid expenses 664
Decrease in accounts payable 8,720
Increase in accrued liabilities 719
Decrease in income taxes payable 2,721
Payments on notes payable 12,691
Cash paid for equipment 29,073


The following is the summarized income statement for Pizza International, Incorporated (in thousands):



Revenues $ 143,551
Cost of Sales 45,500
Gross Profit 98,051
Salary and Wages Expense 56,835
Depreciation 33,305
Office Expense 7,781
Net Income before Income Tax Expense 130
Income Tax Expense 30
Net Income $ 100


Required:

Based on this information, compute cash flow from operating activities using the direct method. Assume Prepaid Expenses and Accrued Liabilities relate to office expenses.
What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss?

Answers

The combination of adding back non-cash expenses, decreases in working capital accounts, and a decrease in inventory contributed to the large positive cash flow from operations despite nearly having a net loss.

To compute cash flow from operating activities using the direct method, we need to analyze the changes in different balance sheet accounts. Let's go step by step:
Step 1: Calculate Cash Flows from Operating Activities using the Direct Method
- Start with net income: $100,000
- Add back depreciation: $33,305
- Subtract the increase in receivables: $170
- Add the decrease in inventory: -$643 (Note: decrease is subtracted)
- Subtract the increase in prepaid expenses: -$664
- Add the decrease in accounts payable: -$8,720 (Note: decrease is subtracted)
- Subtract the increase in accrued liabilities: -$719
- Add the decrease in income taxes payable: -$2,721
- Subtract payments on notes payable: -$12,691
- Subtract cash paid for equipment: -$29,073
Cash flow from operating activities using the direct method: $99,464
Step 2: Analyzing the reason for positive cash flow from operations despite a net loss
The primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss is due to non-cash expenses, such as depreciation, which is added back to net income. Depreciation is a non-cash expense that reduces net income but does not involve actual cash outflow. Therefore, adding back depreciation increases the cash flow from operating activities.
Additionally, there were decreases in working capital accounts, such as accounts payable and income taxes payable, which led to a positive impact on cash flow from operating activities. The decrease in accounts payable and income taxes payable means that Pizza International paid off its liabilities, resulting in a decrease in cash outflow.

Furthermore, there was a decrease in inventory, which also positively impacted cash flow from operating activities. Decreasing inventory reduces the amount of cash tied up in unsold goods.
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Think about a financial decision you made regarding the purchase of a big-ticket item or investment within the last five years. Provide a summary on the discussion thread, answering the following questions:What decision did you make?How prepared were you to make the decision?What was your thought process as you were making the decision?What financial information did you need to make the decision and why?What lessons have you learned that you will apply to future financial decisions?

Answers

To make a large purchase (most) ask the following questions, worthwhile?, investment opportunities?, lasting of purchase?, and necessity or want.

Which of the following will cause a change in supply and not quantity supplied? (Check all that apply.)
A-Product price
B-Consumer expectations
C-Producer expectations
D-Number of sellers
E-Technology

Answers

There are a lot of factors that can affect supply of goods. Technology will cause a change in supply and not quantity supplied

What is Quantity Supplied?

This is simply known as the amount that producers carries to market at any stated price.

Change in Quantity Supplied is known to be the change in amount a set for sale in response to a alterations in price.

Factors that cause a change in supply

Cost of Resources ProductivityNumber of Producers/Sellers Expectations Government Regulations

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Q1: What are the strategically relevant components of the pizza
restaurant segment of the U.S. quick service restaurant industry
macro-environment?

Answers

The strategically relevant components of the pizza restaurant segment of the U.S. quick service restaurant industry macro-environment are as follows:

Technological advancements: In recent years, the pizza industry has seen technological advancements, including the ability to place online orders, which can result in increased customer convenience. Many pizza restaurants have mobile apps that customers can use to order food, making it easier to use their services. Online advertising has also been used by pizza restaurants to reach new customers.

Environmental factors: Pizza restaurants need to consider the effect of weather changes on sales. Extreme weather events can affect sales as people tend to avoid ordering food when they cannot go out of their homes. Pizza restaurant owners need to evaluate how they will deal with such instances.

Demographic factors: Demographics play a crucial role in the success of pizza restaurants. The pizza restaurant industry targets a broad range of customers and has a significant customer base among younger customers. In recent years, there has been an increase in health-conscious customers, leading to changes in the pizza industry, including the addition of new healthy menu items.

Socio-Cultural factors: The pizza industry has experienced increased competition from new entrants such as gourmet pizza restaurants. The preference of customers for the type of pizza and the eating experience has also changed. People prefer pizzas that are customized to their taste buds, including the type of crust and toppings.

Political/Legal factors: Pizza restaurants need to comply with government regulations such as health and safety standards, as well as taxes. The pizza industry is also affected by regulations on labor practices and food labeling requirements.

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What was centerpiece arrangements retained earnings for December 31, 2024? And retained earnings for January 1 2024? And Net income for the year January 2024?

What was centerpiece arrangements retained earnings for December 31, 2024? And retained earnings for

Answers

1. Centerpiece Arrangements' retained earnings for December 31, 2024, were $2,400.

2. Centerpiece Arrangements' retained earnings for January 1, 2024, were $5,100.

3. Centerpiece Arrangements' Net Income for January 1, 2024, was $2,100.

What are Retained Earnings?

Retained earnings are the undistributed profits of an entity accumulated over a period of time.

The formula for computing the Retained Earnings is Beginning Retained Earnings Plus Net Income or Loss Minus Dividends.

Data and Calculations:

Centerpiece Arrangements

Statement of Retained Earnings

For December 31, 2024

Retained Earnings, January 1, 2024,       $5,100

Net Income                                                  2,100

Dividends                                                   4,800

Retained Earnings, December 31, 2024, 2,400

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Question Completion:

Centerpiece Arrangements - X Data Table

Retained Earnings, January 1, 2024, $5,100

Accounts Payable 17,600

Office Supplies 1,700

Common Stock 9,000

Accounts Receivable 8,000

Cash 7,200

Equipment 12,100

Centerpiece Arrangements

Income Statement

Year Ended December 31, 2024

Revenues:

Service Revenue                       $ 70,000

Expenses:

Salaries Expense        $ 46,000

Rent Expense                 16,000

Insurance Expense         4,500

Utilities Expense             1,400

Total Expenses                            67,900

Net Income                                  $ 2,100

Marigold Corporation factors $260,800 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathleen Battle Financing will collect the receivables. The receivables records are transferred to Kathleen Battle Financing on August 15, 2020. Kathleen Battle Financing assesses a finance charge of 2% of the amount of accounts receivable and also reserves an amount equal to 4% of accounts receivable to cover probable adjustments. (b) Assume that the conditions are met for a transfer of receivables with recourse to be accounted for as a sale. Prepare the journal entry on August 15, 2020, for Marigold to record the sale of receivables, assuming the recourse obligation has a fair value of $5,000.

Answers

Answer:

Date     Journal Entry                                   Debit       Credit

Aug 15  Cash                                            $245,152

             Due from factors                         $10,432

             Loss on sale of receivables       $$10,216

                   Recourse liability                                       $5,000

                   Account receivable                                    $260,800

Cash received = ($260,800*94%) =      $245,152

Add: Due from factor($260,800*6%) = $10,432

Less: recourse obligation=                     $5,000

Net proceeds=                                        $ 229,720

Loss on sale of Receivables = $260,800 * 2% + 5000 = $10,216

QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)

Answers

Answer:

rat

Explanation:

Why are credit card companies more willing to offer a young person a secure
credit card than an unsecured card?

Answers

Answer:

Some of the best credit cards for college students often include secured credit cards because approval rates are high on these cards. Secured credit cards for families with no credit or poor credit are great for building up good credit with minimal risk compared to unsecured cards

Explanation:

What is your diagnosis of the situation at FAVI?

Answers

Answer:

Explanation:

FAvI is a small automotive parts manufacturer in Hallencourt, France. In addition to other products, it is the European leader in the production of key components for gearboxes (manual transmissions) in such cars as Renault, Peugeot, Citroen, Fiat, Opel, Audi, volvo, and volkswagen. Employing about 400 people, this société anonyme

How does the presence or absence of the profit motive affects an organization's likelihood of achieving the purpose for which it was created, when considering the resources?

Answers

Answer:

For a profit-making organization, there must be the presence of the profit motive to ginger the organization to achieve its purpose because resources are committed and used efficiently with the knowledge that enough profits will be generated for the stockholders.  This means that its absence will not be motivating nor allow organizations to be efficient.

For a not-for-profit organization, there is no profit motive.  The presence or absence of profits will not deter the organization from achieving its purpose, provided resources are available.  Though, it may not be able to use the resources in the most efficient manner.

Explanation:

The profit motive drives profit-making organizations to come up with creative new products and services. These products and services are then sold to customers for maximum profit, which covers the costs of providing the products and services.  Most importantly, with the presence of the profit motive, organizations try to provide the goods and services in the most efficient manner.  Generally, most economists agree that the profit motive is the only efficient way to allocate scare economic resources.

The following are effective means of internal cash controls except OA. using checks in pre-numbered sequence to help trace deposits back to the original document B. having signature cards for all employees so anyone can make deposits OC. paying by electronic funds transfer OD. sending checks for verification A​

Answers

The following are effective means of internal cash controls except:(B) having signature cards for all employees so anyone can make deposits

What are internal cash controls?

The internal cash controls are mechanisms put in place by the company to ensure the safety of its cash and account balances, I mean so as to avoid fraud and collusion by employees to defraud the company, which means that having pre-numbered sequence for checks  so as to be able to trace deposits made into bank account source document is an internal control procedure.

Besides, making payments through electronic means rather than by cash nips in the bud situation where large sum of money can be stolen, so also, the verification of checks to serve second level authorization that the checks were issued is an internal cash control step.

However, creating signature cards for all employees is a breach of internal control since giving cash or checks to all employees to make deposits means that everyone has access to the cash or checks where the responsibility is meant for selected few who can be trusted not divert funds or checks belonging to the company.

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what do pre-teen ducks hate?
will mark brainiest for right answer!
think hard.

Answers

Answer:

pre teen ducks hate voice quacks

On January 1, 2016, Knorr Corporation issued $1,400,000 of 6%, 5-year bonds dated January 1, 2016. The bonds pay interest annually on December 31. The bonds were issued to yield 7%. Bond issue costs associated with the bonds totaled $22,107.40.

Answers

The preparation of the journal entries concerning the bond transactions for 2016 and 2017 for Knorr Corporation is as follows:

Journal Entries:

Jan. 1, 2016: Debit Cash $1,342,597

Debit Discount on Bonds Payable $57,403

Bonds Payable $1,400,000

To record the issuance of bonds for cash.

Jan. 1, 2016: Debit Deferred Bond Issue Costs $22,107.40

Cash $22,107.40

To record the payment of bond issuance costs.

Dec 31, 2016: Debit Interest Expense $93,982

Credit Discount on Bonds Payable $9,982

Credit Cash $84,000

To record the payment of the first interest expense and discount amortization.

Dec. 31, 2016: Debit Interest Expense 4,421.48

Credit Deferred Bond Issue Costs 4,421.48

To record the first amortization of bond issuance costs.

Dec 31. 2017: Debit Interest Expense $94,681

Credit Discount on Bonds Payable $10,681

Credit Cash  $84,000

To record the payment of the second interest expense and discount amortization.

Dec 31, 2017: Debit Interest Expense $4,421.48

Credit Deferred Bond Issue Costs $4,421.48

To record the second amortization of bond issuance costs.

Transaction Analysis:

January 1, 2016:

Face value of bonds payable = $1,400,000

Bond proceeds (PV) = $1,342,597

Bond discounts = $57,403 ($1,400,000 - $1,342,597)

Maturity period = 5 years

Coupon interest rate = 6%

Effective interest rate = 7%

Bond issuance costs = $22,107.40

Annual amortization of bond issuance costs (straight-line) = $4,421.48 ($22,107.40 ÷ 5)

December 31, 2016:

Interest expense = $93,982 ($1,342,597 x 7%)

Interest payment = $84,000 ($1,400,000 x 6%)

Amortization of bond discount =$9,982 ($93,982 - $84,000)

Bonds Payable = $1,352,579 ($1,342,597 + $9,982)

December 31, 2017:

Interest expense = $94,681 ($1,352,579 x 7%)

Interest payment = $84,000 ($1,400,000 x 6%)

Amortization of bond discount =$10,681 ($94,681- $84,000)

Bonds Payable = $1,363,260 ($1,352,579 + $10,681)

Jan. 1 Cash $1,342,597 Discount on Bonds Payable $57,403 Bonds Payable $1,400,000

Jan. 1 Deferred Bond Issue Costs $22,107.40 Cash $22,107.40

Dec 31 Interest Expense $93,982 Discount on Bonds Payable $9,982 Cash $84,000

Dec. 31 Interest Expense 4,421.48 Deferred Bond Issue Costs 4,421.48

Dec 31 Interest Expense $94,681 Discount on Bonds Payable $10,681 Cash  $84,000

Dec 31 Interest Expense $4,421.48 Deferred Bond Issue Costs $4,421.48

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Question Completion:

Prepare the journal entries to record the following:

Additional Instructions

January 1, 2016: Sold the bonds at an effective rate of 7%

December 31, 2016: First interest payment using the effective interest method

December 31, 2016: Amortization of bond issue costs using the straight-line method

December 31, 2017: Second interest payment using the effective interest method

December 31, 2017: Amortization of bond issue costs using the straight-line method

Question # 1: 5+3+6
a. Umer is a businessman, and with time, the demand for his product increases rapidly. To effectively manage the supply and demand, he should have to develop an effective decision-making process to select different alternatives. He is unable to decide what he should do. Make some valuable suggestions for a practical decision.

b. What are the reasons for poor decision making?

Answers

Before making a snap judgment, a businessman can carefully consider and research multiple workable issues to a single problem. Coming up with ideas is brainstorming, in which a group of individuals collaborates to produce concepts and potential solutions.

What is a product?

A product is something that is being sold. A business or an object both qualify as products. Every product has a cost associated with it, and each one has a price.

In this example as the demand has increased. Businessmen need to make sure that there will be everything that they can do to meet the demand. This will include the production speed being increased. Also that there will be ample amount of resources that are available.

If the person fails to decide on what decision to take or what will be the first one then the reasons for poor decision-making.

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what ethical standards should marketers and advertisers be held to?

Answers

Answer:Recently, the Vetican issued an article which says ads should follow three moral principles - Truthfulness, Social Responsibility and Upholding Human Dignity. Generally, big companies never lie as they have to prove their points to various ad regulating bodies.Reviewing these ethical principles which are at the foundation of the guidelines often helps to clarify the issues involved in a given situation. The five principles, autonomy, justice, beneficence, nonmaleficence, and fidelity are each absolute truths in and of themselves. Ethics in advertising is important, because by acting ethically with their advertising, a company is being responsible towards the needs of the customer. ... Companies need to show they have morals when advertising to consumers, because that makes consumers' feel like the company cares about what they need

Brenda saves $650 per month.
Her goal is to save $10,000 for a down payment on a car.
After how many months will Brenda have met her goal?
Round to the nearest month.

Answers

Answer:

16 months

Explanation:

on the 16th month she will have 10400

Cook Company processes and packages frozen seafood. The year just ended was Cook's first year of business and they are preparing financial statements. The immediate issue facing Cook is the treatment of the direct labor costs. Cook set a standard at the beginning of the year that allowed two hours of direct labor for each unit of output. The standard rate for direct labor is $27 per hour. During the year, Cook processed 60,000 units of seafood for the year, of which 4,800 units are in ending finished goods. (There are no work-in-process inventories). Cook used 123,500 hours of labor. Total direct labor costs paid by Cook for the year amounted to $3,087,500.

Required:
a. What was the direct labor price variance and the direct labor efficiency variance for the year?
b. Assume Cook writes off all variances to Cost of Goods Sold. Prepare the entries Cook would make to record and close out the variances.
c. Assume Cook prorates all variances to the appropriate accounts. Prepare the entries Cook would make to record and close out the variances.

Answers

Answer:

Cook Company

a. The direct labor price variance and the direct labor efficiency variance for the year:

Direct labor price variance =  (Actual rate - Standard rate) * Actual hours

= $247,000 Favorable

Efficiency variance = (Actual hours - Standard hours) * Standard rate

= $94,500 Unfavorable

b. If all variances are written off to the Cost of Goods Sold:

Journal Entries:

Debit Work in Process $247,000

Credit Direct labor variance $247,000

To record the favorable direct labor price variance.

Debit Direct labor variance $94,500

Credit Work in Process $94,500

To record the unfavorable direct labor efficiency variance.

Debit Direct labor variance $152,500

Credit Cost of Goods Sold $152,500

To close the direct labor price variance.

c. The appropriate accounts are not indicated, though they should be Raw materials, Work in Process, and Cost of Goods Sold.  However, the ratios are not given for prorating.

Explanation:

a) Data and Calculations:

Standard direct labor hours per unit = 2

Standard rate per direct labor hour = $27

Production units = 60,000

Ending Finished goods = 4,800

Cost of goods sold units = 55,200

Actual direct labor hours used = 123,500

Standard hours = 120,000 (2 * 60,000)

Actual direct labor costs = $3,087,500

Actual direct labor price = $25 ($3,087,500/123,500)

Standard direct labor costs = $3,240,000 (120,000 * $27)

a. The direct labor price variance and the direct labor efficiency variance for the year:

Direct labor price variance =  (Actual rate - Standard rate) * Actual hours

= ($25 - $27) * 123,500

= $247,000 Favorable

Efficiency variance = (Actual hours - Standard hours) * Standard rate

= (123,500 - 120,000) * $27

= $94,500 Unfavorable

b. If all variances are written off to the Cost of Goods Sold:

Analysis of Journal Entries:

Work in Process $247,000 Direct labor variance $247,000

Direct labor variance $94,500 Work in Process $94,500

Direct labor variance $152,500 Cost of Goods Sold $152,500

($247,000 - $94,500)

what is micro economy

Answers

Small economy I think or up close economy
Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.

Example:
How a local business decides to allocate their funds. How a city decides to spend a government surplus. The housing market of a particular city/neighborhood. Production of a local business.

Convert 60 3/10% to a decimal.

Answers

60 3/10% = 60.30%

To convert, simply divide by 100

60.30/100 = .603

QUICK ONE!
A truck costing $80,000 has an expected life of 8 years

Required:

c) Prepare a depreciation schedule using the reducing balance method? (assuming the rate is 1.5 times the straight-line rate)

Answers

Answer:

Rate is 1.5 times the straight line depreciation rate which is;

= \(\frac{80,000}{8}\)

= $10,000 per year

Rate = \(\frac{10,000}{80,000}\) * 100%

=12.5%

Reducing balance rate = 12.5% * 1.5

= 18.75%

The Depreciation Schedule would be;

Year   Beginning Book Value  Depreciation Expense   Accumulated Depreciation   Book Value

1  $80,000  80,000*18.75% = $15,000   $15,000   $65,000

2  $65,000  65,000 * 18.75% = $12,1875.50   $27,187.50   $52,812.50

3  $52,812.50  52,812.5 *18.75% = $9,902.34   $37,187.84   $42,910.16

4  $42,910.16  42,910.16 * 18.75% = $8,045.66   $45,233.50   $34,766.50

5  $34,766.50  34,766.50 * 0.1875 = 6,518.72   $51,752.22   $28,247.78

6  $28,247.78  28,247.78 * 0.1875= $5,296.45   $57,048.67   $22,951.33

7  $22,951.33  22,951.33 * 0.1875= 4,403.37   $61,452.04   $18,547.96

8  $18,547.96  18,547.96 * 0.1875 = $3,477.74    $80,000   $0

   $3,477.74 + 15,070.22= $18,574.96      

Depreciation for the last year was not sufficient to take the truck to $0 so the remainder will be depreciated in that year so that it may be completely depreciated.

QUICK ONE! A truck costing $80,000 has an expected life of 8 yearsRequired:c) Prepare a depreciation

The following information is available for a company's maintenance cost over the last seven months.
Month Maintenance Hours Maintenance Cost
June 9 $5,200
July 18 $6,650
August 12 4,850
September 15 5,750
October 21 6,650
November 24 6,950
December 6 3,350
Using the high-low method, estimate both the fixed and variable components of its maintenance cost.
High-Low method Calculation of variable cost per unit
Total cost at the high point ____
Variable costs at the high point
Volume at the high point: ____
Variable cost per unit ____
Total variable costs at the high point ____
Total fixed costs ____
Total cost at the low point ____
Variable costs at the low point
Volume at the low point ____
Variable cost per unit
Total variable costs at the low point
Total fixed costs ____

Answers

Answer:

Variable cost per unit= $240

Fixed costs= $1,910

Explanation:

Giving the following information:

June 9 $5,200

July 18 $6,650

August 12 4,850

September 15 5,750

October 21 6,650

November 24 6,950

December 6 3,350

To calculate the variable and fixed costs under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (6,950 - 3,350) / (21 - 6)

Variable cost per unit= $240

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 6,950 - (240*21)

Fixed costs= $1,910

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 3,350 - (240*6)

Fixed costs= $1,910

Lilly would like to start investing. What tools and services can she benefit from?

Answers

Answer:

stocks, mutual funds, retirement investments

Explanation:

Diversity increases the importance of

Answers

Answer:

Diversity increases an organization's capacity to meet the needs of a diverse society.

A diverse workplace reflects the population it serves, making it more effective.

Increasing diversity in the organization leads to greater creativity and gives better results.

Partly as a response to concerns expressed by environmentally conscious consumers, Unilever has introduced its “sustainable Living Brands” of “greener” products. Through product development, sourcing through a sustainability lens and manufacturing efficiencies, opportunities for innovation have opened up for Unilever.

The ‘greener’ product is an example of Unilever’s corporate level strategy for _______ growth.

Select one:

a.
internal


b.
external


c.
responsive


d.
innovative

Answers

The ‘greener’ product is an example of Unilever’s corporate-level strategy for innovative growth. Thus, option D is correct.

Unilever has launched its "sustainable Living Brands" of "greener" products, in part in response to concerns voiced by environmentally aware consumers.

Prospects for innovation have arisen for Unilever through product creation, sustainable sourcing, and production efficiency. The 'greener' product is an illustration of Unilever's corporate-level approach to creative expansion. Therefore, it can be concluded that option D is correct.

Learn more about innovation here:

https://brainly.com/question/30929075

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Average stock of raw material and raw material consumption per annum are Rs.1,24,000 and Rs.8,42,000 respectively. Consider 365days. Calculate raw material consumption period.

Answers

Answer: 54 days

Explanation:

Raw Material consumption period = Average stock of Raw Material / Average stock of Raw material Consumption per day

Average stock of Raw material Consumption per day = Raw Material consumption per Annum / 365

= 842,000/365

= Rs. 2,306.85

Raw material consumption period

= 124,000/2,306.85

= 53.75

= 54 days

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