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1 year ago

People’s experiences can aid them in their careers. Experiences are best described as

Business

2 answers:

Dmitriy789 [7]1 year ago

3 0

The answer is the fourth sentence, the collection of things a person has done. Hope I could help! :D

wariber [46]1 year ago

3 0

Answer:

People’s experiences can aid them in their careers. Experiences are best described as

the factors that have influenced a person in his or her life.

Explanation:

Experiences are being garnered over time and it is put in place in day to day activities. When one stops learning is when one dies, life itself is an experience which must be applied at all time. Although life experience differs but the most important thing is its application in daily activities, it reflects what ones has learnt over time.

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In the period 2011, Lott Inc. performed services for $120,000 and billed its customers. The company subsequently collected $82,0

boyakko [2]

Answer:

The amount of cash flow from revenue that will appear on the statement of cash flows is $120,000.

Explanation:

the amount pf cash flow from revenue that will appear on the statement of cash flows is $120,000 because irrespective of whether it is collected or not he must consider the full value of accounts receivable and the collection amount out of the account receivable will be adjusted in the cash flow from operating activities.

Therefore, The amount of cash flow from revenue that will appear on the statement of cash flows is $120,000.

3 0

1 year ago

You are the manager of a firm that competes against four other firms by bidding for government contracts. While you believe your

hodyreva [135]

Answer: $1,000

Explanation:

Given Data;

Total government demand is Q = 800 -10P

marginal cost (Mc) = $50

contracted price (cp) = $70 per unit

Therefore;

Marginal Revenue ( MR ) = Marginal Cost ( MC)

Q = 800 -10P

800 - Q = 10P

Divide through by 10, where Q = 1

800/10 - 1/10 = P

80 - 0.1Q = P

Total Revenue(TR) = PQ

TR = 80 - 0.1Q

MR = MC

where MC = $50

80 - 0.1Q = 50

Collecting like terms

80 - 50 = 0.1Q

30 = 0.1 Q

Divide both side by 0.1

Q = 300

Price would be

P = 80 - 0.1Q

P = 80 - 0.1(300)

P = $50

MC = 40

Producing Q units

Total Cost (TC ) = 40 * ( 300 )

= $12,000

Total profit

= TR - TC

= ( P * Q ) - $12,000

= ( $50 * 300 ) - $12,000

= $15,000 - $12,000

= $3,000

Changes caused by regulations

Contracted price = $70

Quantity = 100Units

TT’ = ( P * Q ) - TC

= ( 70 * 100 ) - ( 50 * 100 )

= $7,000 - $5,000

= $2,000

TT - TT’ = $ ( 3000 - 2000 )

= $1,000

If legislation is passed all profit would reduce by $1,000

3 0

2 years ago

Which of the following describes the effect of the business cycle on the inflation rate and the unemployment rate? A. The unempl

Pani-rosa [81]

Answer:

The correct answer are option D for both questions.

Explanation:

Recessions is characterized with decrease in consumer and investment spending. During recessions there is a decline in inflation rate and the unemployment rate increases.

While during expansion, there is a boost in economy. So, with increase in investment and production, the unemployment rate falls. There is a rise in inflation rate as well.

Though even in the stages of recovery, the unemployment rate continues to increase because some firms are pessimistic and are operating below their capacity. Also, the rate of growth of labor force is higher than rate of employment growth, which leads to increase in unemployment.

7 0

1 year ago

Read 2 more answers

Periodic inventory by three methods The beginning inventory for Midnight Supplies and data on purchases and sales for a three-mo

dybincka [34]

Answer:

1. We have:

Inventory on March 31 = $1,010,625

Cost of merchandise sold for the three-month period = $10,891,875

2. We have:

Inventory on March 31 = $881,250

Cost of merchandise sold for the three-month period = $11,021,250

3. We have:

Inventory on March 31 = $980,975.27

Cost of merchandise sold for the three-month period = $10,921,524.73

4. We have:

Details FIFO LIFO Weighted Average

$ $ $

Sales 19,875,000 19,875,000 19,875,000

Cost of Goods sold (10,891,875) (11,021,250) (10,921,525)

Gross Profit 8,983,125 8,853,750 8,953,475

Inventory, March 31 1,010,625 881,250 980,975

Explanation:

1. Determine the inventory on March 31 and the cost of merchandise sold for the three-month period, using the first-in, first-out method and the periodic inventory system.

Note: See part 1 of the attached excel file for the determined inventory on March 31 and the cost of merchandise sold for the three-month period, using the first-in, first-out method and the periodic inventory system.

From the part 1 of the attached excel file, we have:

Inventory on March 31 = $1,010,625

Cost of merchandise sold for the three-month period = $10,891,875

2. Determine the inventory on March 31 and the cost of goods sold for the three-month period, using the last-in, first-out method and the periodic inventory system.

Note: See part 2 of the attached excel file for the determined inventory on March 31 and the cost of merchandise sold for the three-month period, using the last-in, first-out method and the periodic inventory system.

From the part 2 of the attached excel file, we have:

Inventory on March 31 = $881,250

Cost of merchandise sold for the three-month period = $11,021,250

3. Determine the inventory on March 31 and the cost of goods sold for the three-month period, using the weighted average cost method and the periodic inventory system.

Note: See part 3 of the attached excel file for the determined inventory on March 31 and the cost of merchandise sold for the three-month period, using the weighted average cost method and the periodic inventory system.

From the part 3 of the attached excel file, we have:

Inventory on March 31 = $980,975.27

Cost of merchandise sold for the three-month period = $10,921,524.73

4. Compare the gross profit and the March 31 inventories, using the following column headings.

Details FIFO LIFO Weighted Average

$ $ $

Sales 19,875,000 19,875,000 19,875,000

Cost of Goods sold (10,891,875) (11,021,250) (10,921,525)

Gross Profit 8,983,125 8,853,750 8,953,475

Inventory, March 31 1,010,625 881,250 980,975

Download xlsx

6 0

1 year ago

Bressler’s would like to sell 600shares of stock using the Dutch auction method. The bids received are as follows: Bidder A will

drek231 [11]

Complete question:

Bressler’s would like to sell 600shares of stock using the Dutch auction method. The bids received are as follows:

Bidder Quantity Price $

A 100 818

B 300 17

C 400 16

D 700 15

The bids received are as follows: Bidder A will receive _____ shares and pay a price per share of ____.

Solution:

Bidder A's quantity = [600 /(100 + 300 + 400)] ×100

= 75 shares

All successful bidders will pay $16 a share

The bids received are as follows:

Bidder A will receive 75 shares and pay a price per share of $16 .

A Dutch auction is a trading system (such as an initial open bid) whereby the stock price offered is reduced before appropriate offers are available for selling all shares. Each stock is then sold at that price.

3 0

1 year ago