Answer: The correct option is first, the number of basketball hoops did the company previously produce to make the same profit is 1.3 million hoops.
Explanation:
Let the number of basketball hoops did the company previously produce to make the same profit be x.
Total Revenue = Price * Quantity
The total revenue in million dollars is,


The total cost in million dollars is,
Total Cost = One unit cost * Quantity

Profit = Total Revenue - Total Cost

The profit is 15 million.


The value of x is 1 and
.
The production is always positive therefore the value of x either 1 or 1.3. Since 1 million is not available in the options therefore the the correct optin is 1.3 million hoops.
Answer:
Hybrid basis
Step-by-step explanation:
There are different methods of accounting used by businesses depending on their peculiar needs. Below are the type of accounting methods:
- Cash basis is when revenues and expenses are recognised when cash is recieved or paid out.
-Accrual basis is when revenue and expenses are recognised when they are earned. For example if services are rendered to a client that will pay in a week's time, since service has already been given it is considered that the future payment has been earned.
- Modified basis combines elements of cash and accrual basis. For example considering short term assets like accounts receivable and accounts payable as cash items. Long term assets are recorded on accrual basis.
- Hybrid basis is used when cash and accrual methods are used for various expenses and tax. Mostly it is used for internal accounting purposes.
In this scenario Hariette would like to review the income and expenses that were actually paid last month. This requires a cash basis that shows actual amount recieved and paid last month. Account receivable and payable are not considered.
In setting aside money for tax she will employ accrual basis accounting. It is an expense that is estimated for future use.
So the hybrid basis is the method that will be most suitable.
Answer:
Over 2 oz. Class A-II felony
Step-by-step explanation:
One would need to carefully weigh the material.*
0.06 kg ≈ 2.12 oz
Note that .06 kg is 1 significant figure, so this rounds to 2 oz (1 significant figure). Given the precision of the reported weight, there is insufficient precision to say the amount is actually over 2 oz.
__
If you take the numbers at face value, the suspect is in possession of over 2 oz, so will be charged with a Class A-II felony.
_____
* 2.00 ounces translates to about 0.0567 kg, which rounds to 0.06 kg.
Answer : 96
x – y = 16
--------> equation 1

x is the higher grade and y is the lower grade
We solve the first equation for y
x - y = 16
-y = 16 -x ( divide each term by -1)
y = -16 + x
Now substitute y in second equation



Take common denominator to combine fractions


Add 8 on both sides

Multiply both sides by 
x = 96
We know x is the higher grade
96 is the higher grade of Jose’s two tests.