which statements below are true regarding permanent and temporary accounts? (check all that apply.) multiple select question. permanent accounts are reported on the balance sheet. temporary accounts have a balance for one period only.

Answers

Answer 1

The statements below are true regarding permanent and temporary accounts are as follows:

Options_ A: Permanent accounts are reported on the balance sheet.

B) Permanent accounts will be appeared on a post-closing trial balance.

C) Temporary accounts have a balance for only the one period.

D) Owner, capital is a permanent account, but the owner, withdrawals is a temporary account.

F) Most temporary accounts are reported on income statement.

A temporary account is an account that has no balance at the beginning of each fiscal year.

His ending balance is transferred to another account at the end of the fiscal year so that it can be used for new transactions in the following year.

Transactions that affect the company's annual profit or loss are recorded using temporary accounts.

As the fiscal year progresses, the balance of these accounts should increase. they almost never fall. The income statement is created using the suspense account balances.

Learn more about permanent and temporary accounts here:

https://brainly.com/question/28274768

#SPJ4

Which statements below are true regarding permanent and temporary accounts? (Check all that apply).

A) Permanent accounts are reported on the balance sheet.

B) Permanent accounts will appear on a post-closing trial balance.

C) Temporary accounts have a balance for only one period only.

D) Owner, capital is a permanent account, but owner, withdrawals is a temporary account.

E) Temporary accounts will appear on a post-closing trial balance.

F) Most temporary accounts are reported on the income statement.


Related Questions

the role of the audit committee of the board of directors is to simply hire and fire external auditors. a. true b. false

Answers

The role of the audit committee of the board of directors is to simply hire and fire external auditors is False. option [b] is the correct answer for the above statement.

What is the purpose of the board of directors' audit committee?

A firm's audit committee's main responsibility is to oversee the process of financial reporting the audit process, the internal control system of the organization, and legal and regulatory compliance.

False, the board of directors and audit committee's sole responsibility is to employ and fire external auditors. The appropriate response to the previously stated statement is an option [b].

Therefore, The process of financial reporting and disclosure is overseen by an audit committee, which is a division of the board of directors.

Learn more about the audit committee from the given link.

https://brainly.com/question/22393299

#SPJ4

which one of the following parties are not considered stakeholders of a firm

Answers

The competitors are not a stakeholders of a firm

Who is a stakeholder of a firm?

A stakeholder in a firm refers to any person, group, or entity that has an interest in the success or failure of the firm. Stakeholders can be internal or external to the organization, and can include:

Shareholders or owners: These are individuals who have invested in the firm by purchasing stock or other ownership interests.

Employees: Employees are a key stakeholder group, as they play a crucial role in the success of the firm and often have a vested interest in its well-being.

Customers: Customers are stakeholders because they provide the revenue that keeps the firm in business, and their satisfaction is essential for long-term success.

Suppliers: Suppliers are stakeholders because they provide the inputs that the firm uses to produce its products or services.

Government: Governments have an interest in the activities of firms as they can impact the economy, the environment, and the well-being of their citizens.

Read more on stakeholders here:https://brainly.com/question/15532995

#SPJ1

When a firm starts up or buys a business outside of its current product line and​ markets, it is pursuing which growth​ strategy?A.Market developmentB.DiversificationC.DivestingD.Market penetrationE.Product development

Answers

Answer: B. Diversification

businesses should strive to determine an optimal organizational size. True or false?

Answers

True, companies should seek to find the appropriate organizational size.

Organizational size is an important factor in determining a company's success.

Having the right size allows a company to increase efficiency and make better use of resources.

A company that is either too small or too large for the demands of its customers and the marketplace can experience difficulties in meeting customer needs, growing profits, and increasing its competitive edge.

Companies should consider their customer base, the size of their internal staff, and the resources they can devote to the business when determining the appropriate size for their organization.

To know more about organizational size:

https://brainly.com/question/24239538

#SPJ4

What explains the law of diminishing marginal product?

Answers

When more of the variable factor is joined with the fixed factor(s) of production, the rate at which total output grows decreases is referred to as the law of diminishing marginal product.

Decreasing marginal product can be used to explain what?

The notion of diminishing marginal productivity states that productivity will decrease if a manager attempts to increase production by utilizing more of some (variable) inputs while using the same amount of other (fixed) inputs over time.

The law of diminishing marginal utility is explained by what?

According to the "Law of Diminishing Marginal Utility," any good or service's marginal utility declines, ceteris paribus, as its quantity rises. In other words, as consumption increases, overall utility improves more and less quickly.

To know more about law of diminishing marginal visit:

https://brainly.com/question/28481234

#SPJ4

Antwaun wants to set aside 12% of his budget towards food. If his net pay* is $4000, how much money will he have set aside for food?.

Answers

Antwaun will have $480 set aside for food if his net pay is $4000. This is calculated by multiplying the net pay by 12%, which is 0.12. 4000 x 0.12 = 480.

What do you mean by net pay?

Net pay is the final amount of money the employee receives after taxes and other deductions are taken out. Net pay is also referred to as the “take-home pay” and is usually received in the form of a paycheck, direct deposit, or cash. Other deductions that may be taken out of a person’s gross pay are state and federal taxes, Social Security taxes, Medicare taxes, contributions to retirement accounts, charity donations, and health insurance premiums.  In addition to these deductions, an employer may also withhold money for unpaid vacation days, sick days, and other forms of compensation.

So, The required answer is $480.

To learn more about net pay:

https://brainly.com/question/4356180

#SPJ4

producers should specialize in the production of goods in which they have a comparative advantage. producers should specialize in the production of goods in which they have a comparative advantage. true false

Answers

The manufacture of commodities for which a nation has a comparative advantage is a specialty. The given statement is false.

The ability of an economy to produce a specific good or service at a lower opportunity cost than its trading counterparts is known as comparative advantage. Comparative advantage is a theory that explains why businesses, nations, or people might gain from trade.

Comparative advantage, as it relates to international trade, refers to the goods that a nation can produce more easily or at a lower cost than other nations. Even though this typically shows the advantages of trade, some modern economists now recognize that relying solely on comparative advantages can lead to resource exploitation and depletion in a nation.

To learn more about comparative advantage visit;

https://brainly.com/question/13221821

#SPJ4

Which of the following financial statement totals are reduced by the adjusting entry to recordamortization? (Check all that apply.)Multiple select question.Net income on the income statementTotal liabilities on the statement of financial positionTotal assets on the statement of financial positionTotal shareholders' equity on the statement of financial positionCash from operating activities on the statement of cash flows

Answers

Net income on the income statement and Total shareholders' equity on the statement of financial position.

The adjusting entry to record amortization has an impact on several financial statements, as follows:

Income Statement: The purpose of the adjusting entry is to record amortization expense on the income statement. This expense is a non-cash charge that reduces net income for the period. This means that the adjusting entry will decrease net income on the income statement.

Statement of Financial Position: Amortization is an allocation of the cost of an intangible asset over its useful life. This means that the adjusting entry will reduce the value of the intangible asset on the balance sheet. As a result, total shareholders' equity on the statement of financial position will decrease.

Total Liabilities: The adjusting entry to record amortization does not affect total liabilities on the statement of financial position.

Total Assets: The adjusting entry to record amortization does not affect total assets on the of financial position.

Statement of Cash Flows: The adjusting entry to record amortization is a non-cash transaction and therefore does not affect cash from operating activities on the statement of cash flows.

To know more about net income:

https://brainly.com/question/20938437

#SPJ4

Costs assigned to units of product in absorption costing include_______
only fixed
only variable
both variable and fixed
neither variable nor fixed
manufacturing costs.

Answers

Costs assigned to units of the product in absorption costing include manufacturing costs.

What is manufacturing cost?

A product's production cost is the sum of all the costs associated with its resources. The three divisions of manufacturing costs are direct costs for materials, direct costs for labor, and direct costs for manufacturing overhead. The "direct materials" are the primary components that go into producing the finished good. Manufacturing uses a series of operations to add value to basic materials so that a deliverable product is maintained. Different processes, such as welding, cutting, and painting, can be applied to raw materials. Clearly defining direct from indirect materials is essential. Overhead expenses are any costs incurred during production that aren't directly related to labor or materials. Manufacturing overhead consists of all costs incurred to assist with production.

To learn more about manufacturing costs, visit:

https://brainly.com/question/14987071

#SPJ4

are they putting walt disney on the 100 dollar bill?

Answers

No, Walt Disney is not being placed on the 100 dollar bill. The designs of United States currency, including the 100 dollar bill, are determined by the Bureau of Engraving and Printing, a part of the United States Department of the Treasury.

Treasury refers to a department within an organization that is responsible for managing its financial resources, including cash management, debt management, and financial risk management. The main objectives of the Treasury function are to ensure that the organization has adequate liquidity to meet its obligations and to manage its financial risks in a manner that is consistent with its overall financial goals and risk tolerance.

The Treasury department is also responsible for managing the organization's financial relationships with banks, investors, and other financial institutions. This includes negotiating favorable terms for borrowing and investing, as well as monitoring the organization's cash position and making recommendations to senior management on how to optimize the use of its financial resources. Treasury plays a critical role in ensuring the financial stability and success of the organization.

To learn more about Treasury visit here:

brainly.com/question/30010395

#SPJ4

the absence of property rights contributes to: a. wealth b. poverty c. an equal playing field d. none of these

Answers

the absence of property rights contributes to-  b. poverty

The absence of property rights means that individuals and businesses do not have secure ownership and control over their assets, which can discourage investment and economic activity. This can lead to a decrease in economic growth, as people are less likely to invest in or maintain their property if they do not have confidence that it will be protected. In addition, the lack of property rights can also result in disputes over ownership and use of resources, which can lead to social conflict and further harm economic development. In general, the absence of property rights is seen as a major contributor to poverty, as it creates an uncertain and unstable business environment that discourages investment and economic growth.

To learn more about property rights here:

https://brainly.com/question/23031296

#SPJ4

true or false: the minimum wage was established at national and state levels as the lowest legal wage that can be paid to the majority of workers.

Answers

The concept is the Minimum wage, which is the lowest remuneration that employers can legally pay their employees. The answer is, true.

The minimal pay envelope was established in public and state situations as the smallest legal pay envelope that can be paid to the maturity of workers. 2. U.S. profits and social pretensions are likely to remain unchanged in the future.

A minimal pay envelope is the smallest remuneration that employers can fairly pay their workers — the price bottom below which workers may not vend their labor. utmost countries had introduced minimal pay envelope legislation by the end of the 20th century.

The civil minimal pay envelope for covered nonexempt workers is $7.25 per hour. The purpose of the minimal pay envelope was to stabilize the post-depression frugality and cover the workers in the labor force.

To know more about Minimum wage,

brainly.com/question/28331168

#SPJ4

The interpretation of research findings typically begins with _______.

Answers

The interpretation of research findings typically begins with tabulation.

Tabulation is a systematic and logical illustration of numeric records in rows and columns to facilitate assessment and statistical analysis. It helps evaluation by bringing associated information close to each different and allows for statistical analysis and interpretation.

it is known as an easy tabulation or one-way tabulation while the records are tabulated to the handiest one component. A simple tabulation is, as an example, the tabulation of data on the world's population separated through a single characteristic including language. Tabulation is described as the procedure of placing categorized statistics in tabular form. A table is a systematic association of statistical facts in rows and columns. The rows of a table are the horizontal arrangement of records whereas the columns of a table are the vertical association of statistics.

To learn more about Tabulation visit here:

brainly.com/question/14926777

#SPJ4

sub-saharan africa includes some of the poorest nations in the world. what would you say is the problem with these nations? cite at least 2 reasons in your answer.

Answers

The problem of the peoples of sub-Saharan Africa is multifaceted. One of the main problems is poverty. Many of these countries are extremely poor and have limited access to resources and economic opportunities.

This means that many people do not have access to basic services such as health care and education, which perpetuates the cycle of poverty. Another problem facing sub-Saharan African states is political instability. Many countries in the region have been plagued by civil wars, coups, and other forms of political unrest that have resulted in weak governance and corruption. This further hindered infrastructure development, weakened the rule of law and made it difficult for citizens to access services and resources.

To know more about poverty click here

https://brainly.com/question/10645433

#SPJ4

what can mcdonalds do to increase market share in vietnam

Answers

McDonald's is a global fast-food chain that operates in many countries around the world, including Vietnam. In order to increase its market share in this country, McDonald's must implement strategies that meet the needs and preferences of Vietnamese consumers.

One way that McDonald's can increase its market share in Vietnam is by adapting its menu to suit local tastes.

For example, the company could offer dishes that are popular in Vietnam, such as pho, a traditional noodle soup. This would not only make the menu more appealing to local customers but also set McDonald's apart from its competitors.

Another way that McDonald's can increase its market share in Vietnam is by expanding its presence in the country.

This could involve opening more restaurants in key locations and increasing marketing efforts to raise awareness of the brand. Additionally, McDonald's could consider offering promotions and discounts to attract more customers, such as student discounts or loyalty programs.

To learn more about McDonald refer here

https://brainly.com/question/12186590#

#SPJ11

Once Molly reached her goal she stopped working hard and ended up performing much lower than she could have.goal commitmentgoal difficultygoal specificitygoal acceptance

Answers

Molly goals had accomplished her objective. She stopped putting in as much effort and as a result, she underperformed.

This could be as a result of a lack of commitment to the goals, their complexity, their specificity, or their acceptance. The degree of motivation and commitment Molly has toward accomplishing her objective is referred to as goal commitment. The level of difficulty involved in achieving a goal is called goal difficulty. Goal specificity refers to the goal's level of depth and degree of clarity. Goal acceptance is the degree to which the goal is accepted and the willingness to strive toward it.

To know more about goals please refer:

https://brainly.com/question/6478420

#SPJ4

Their sales rose in 2021 and 2022, after two decades of decline

Answers

If you've been having trouble with this puzzle clue, their sales increased in 2021 and 2022 after declining for two decades.

Crossword puzzles may be a great way to challenge yourself, keep your mind active, and pass the time. Of course, there are occasions when a crossword clue completely eludes us, whether it's due to a complete lack of familiarity with the topic or a complete lack of thought.

If you're having trouble solving a crossword puzzle, don't feel ashamed! The more you play, the more experience you'll get in solving crosswords, which will help you recognise clues more quickly.

For such more question on Crossword

https://brainly.com/question/30367698

#SPJ4

How did the Gilded Age economy fostered change in the United States in the period from 1870 to 1900?

Answers

Urbanization flourished, politics was tainted but had high turnout rates, and economic growth was increasing quickly. Over the course of the Gilded Age, every facet of American life saw significant upheaval.

What actually transpired throughout the Gilded Age?

This marked the beginning of the United States' transformation from a country of farmers to one of manufacturing workers who lived in cities. Therefore, the Gilded Age initially appears to have been a period of significant transformation for the nation.

What impact did factory work have on the Gilded Age?

The availability of manufacturing jobs in American cities attracted new residents from all over the nation and the world, changing both the population and the level of living.

To know more about urbanization visit:

https://brainly.com/question/12881754

#SPJ4

The present value of a series of future cash flows is the amount you would need today to _____.

Answers

Recognizing Cash Flow, the amount you would need today to precisely reproduce a series of future cash flows is known as the present value of the cash flows.

A company's cash flow is the total sum of money coming in and going out of the company. Businesses that incur costs also receive income from sales. Investments, royalties, licencing agreements, and interest are other sources of income for them. In addition, they may offer items with the understanding that payment would come later.

One of the most crucial goals is to assess how accurate, timely, and comprehensive financial reporting is. Evaluating the quantity, timeliness, unpredictable nature, and sources and destinations of cash flows is one of the most important objectives of financial reporting.

Learn more about Cash flow

https://brainly.com/question/28535344

#SPJ4

suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 18 years. assume you purchase a bond that costs $75. a. what is the exact rate of return you would earn if you held the bond for 18 years until it doubled in value? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. if you purchased the bond for $75 in 2020 at the then current interest rate of .17 percent year, how much would the bond be worth in 2028? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. in 2028, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2038. what annual rate of return will you earn over the last 10 years? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

As a result, it has the potential to alter distribution as well as the pricing and quantities of goods and services sold. An economic discussion on the advantages and disadvantages of such intervention has lasted for many years.

These economists' disagreements are most likely the result of contrasting ideologies.

Which claim is two randomly selected economists most likely to agree on, despite their differences?

B. An excessively high proportion of elected politicians are lawyers.

Given that it has nothing to do with how the government affects the economy, but rather how the political class is made up, they are likely to agree on this subject. Therefore, there is no ideological contradiction.

To learn more about economists' disagreements here:

https://brainly.com/question/30302552

#SPJ4

Which of the following statements about money market mutual funds is true? a.They invest in commercial paper, CD's and repos b. They usually offer check writing privileges. They are highly leveraged and risky c. They invest in commercial paper, CD's and repos. d.They usually offer check writing privileges. e. All of the above options are true

Answers

The following statements about money market mutual funds is true They invest in commercial paper, CDs, and repurchase agreements and usually offer check writing privileges.

What about money market funds is accurate?

A money market fund is a form of mutual fund with historically lower returns and relatively low risks compared to other mutual funds and most other assets. Money market funds make short-term debt investments in high-quality securities and distribute dividends that typically reflect short-term interest rates.

What would a money market mutual fund invest in out of the following?

A money market fund is a type of mutual fund that only invests in cash and assets that have the characteristics of cash, commonly known as money market instruments. These assets have high credit quality and are very liquid for the short term. In general, money market funds invest in items like: Certificates of Deposit (CDs).

To Know more about  commercial paper,

https://brainly.com/question/22985280

#SPJ4

under the systems perspective, which of the following is not an output that managers generate from the four inputs of materials, human resources, financial resources, and information? a. profits or losses b. environmental stewardship c. employee behaviors d. products or services

Answers

Under the systems perspective, the following is not an output that managers generate from the four inputs of materials, human resources, financial resources, and information: c. environmental stewardship.


What is environmental stewardship?

By actively participating in conservation efforts and sustainable practises, individuals, small groups, nonprofit organisations, government organisations, and other collective networks may responsibly utilise and safeguard the environment. This is known as environmental stewardship. While exploring the moral ramifications of "dealing with man's connection to land and to the animals and plants which live upon it," Aldo Leopold (1887–1949), a proponent of environmental stewardship, did so. The focus of resilience-based ecosystem management is on resilience as a crucial component of adapting to and engaging with the environment in a world that is continuously changing. Resilience is the capacity of a system to bounce back from adversity and revert to its fundamental structure and function. For instance, ecosystems offer a variety of ecosystem services but do not act as a single resource. Rather, they depend on their role. This kind of stewardship also acknowledges resource managers and management systems as influential and knowledgeable participants in the natural systems that people support.

To learn more bout environmental stewardship from the given link

https://brainly.com/question/4677073
#SPJ4


under the systems perspective, which of the following is not an output that managers generate from the four inputs of materials, human resources, financial resources, and information? a. profits or losses b. environmental stewardship c. employee behaviors d. products or services

magic realm, incorporated, has developed a new fantasy board game. the company sold 54,600 games last year at a selling price of $60 per game. fixed expenses associated with the game total $1,001,000 per year, and variable expenses are $40 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year. 1-b. compute the degree of operating leverage. 2. management is confident that the company can sell 66,066 games next year (an increase of 11,466 games, or 21%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

Answers

1-a. Contribution Format Income Statement for the game last year:

Revenue: 54,600 games x $60 per game = $3,276,000

Variable expenses: 54,600 games x $40 per game = $2,184,000

Contribution margin: $3,276,000 - $2,184,000 = $1,092,000

Fixed expenses: $1,001,000

Net operating income: $1,092,000 - $1,001,000 = $91,000

1-b. Degree of Operating Leverage (DOL):

DOL = Contribution Margin / Net Operating Income = $1,092,000 / $91,000 = 12

2-a. Expected Percentage Increase in Net Operating Income:

% increase in Net Operating Income = % increase in sales x DOL

= 21% x 12 = 252%

2-b. Expected Amount of Net Operating Income for next year:

Expected Net Operating Income = Net Operating Income x (1 + % increase in Net Operating Income)

= $91,000 x (1 + 252%) = $318,920.

What is financial analysis?

Financial analysis is the process of evaluating a company's financial performance and position to make informed decisions. It involves the examination of financial statements, such as the income statement, balance sheet, and cash flow statement, to identify trends and make predictions about future performance. The analysis includes calculating financial ratios and metrics, such as profit margins, return on investment, and liquidity ratios, to assess the company's overall health and identify areas for improvement. The information gathered through financial analysis can be used to make decisions about investments, financing, and operations, and to develop strategies for growth and success.  

To learn more about financial analysis, follow the link:

https://brainly.com/question/14234253

#SPJ4

in phillips v. martin marietta corp., it was determined that an employer may not refuse to hire women with preschool-age children while hiring men with children of this age. which level of scrutiny was used in this case?

Answers

In Phillips v. Martin Marietta Corp., it was determined that an employer may not refuse to hire women with preschool-age children while hiring men with children of this age using the "intermediate scrutiny" level of scrutiny.

Intermediate scrutiny is a level of judicial review used by courts to evaluate laws or policies that discriminate on the basis of gender. In this case, the court used intermediate scrutiny to evaluate the employer's hiring practices and determined that they were discriminatory and therefore illegal under Title VII of the Civil Rights Act of 1964.

Under intermediate scrutiny, the court must determine whether the employer has a significant, legitimate business interest in its hiring practices and whether the discrimination is necessary to achieve that interest. If the court finds that the employer does not have a significant, legitimate business interest or that the discrimination is not necessary to achieve that interest, the court will strike down the discriminatory policy or practice.

You can learn more about scrutiny at

https://brainly.com/question/28268958

#SPJ4

What is the present value on January 1, 2016, of $40,000 to be received on January 1, 2019, and discounted 8% compounded annually? Round answer to two decimal places.

Answers

The present value on January 1, 2016, of $40,000 to be received on January 1, 2019, and discounted 8% compounded annually is $31753.28.  

What is present value?

Present value (PV) is the current value of a future financial asset or stream of cash flows, given a specific rate of return. Future cash flows are discounted to some extent depending on the discount rate, and the higher the rate, the lower the present value of those future cash flows will be. Choosing the appropriate discount rate is crucial for accurately valuing future cash flows, whether they pertain to earnings or debt obligations.

According to the concept of present value, money is worth more now than it will be later. To put it another way, money received tomorrow is not as valuable as money received today in the same amount.

Amount received in Jan 01 2019           40000  

(i.e. after 3 years)        

PVf at 8% for 3rd year                           0.793832  

Present value of amount on Jan 01 2016 31753.28  


Learn more about Present value

https://brainly.com/question/28304447

#SPJ4

1. the price of sugar increases. b 2. the price of gummy bears, a close substitute for jelly beans, increases. c 3. a machine is invented that makes jelly beans at a lower cost. a 4. the government places a tax on foreign jelly beans, which have a considerable share of the market. b 5. the price of soda, a complementary good for jelly beans, increases. c 6. widespread prosperity allows people to buy more jelly beans. c 7. jelly belly declares bankruptcy and goes out of business. 8. the surgeon general announces that jelly beans actually help cure cavities!

Answers

a) Increase in the price of sugar and the invention of a machine that makes jelly beans at a lower cost will shift the supply curve of jelly beans to the right, causing the price of jelly beans to decrease.

b) Increase in the price of gummy bears and the government placing a tax on foreign jelly beans will shift the demand curve for jelly beans to the left, causing the price of jelly beans to increase.

c) Increase in the price of soda and widespread prosperity will shift the demand curve for jelly beans to the right, causing the price of jelly beans to increase.

d) Jelly Belly declaring bankruptcy and going out of business will decrease the supply of jelly beans and potentially cause the price of jelly beans to increase.

e) The announcement by the Surgeon General that jelly beans help cure cavities will increase the demand for jelly beans, causing the price of jelly beans to increase.

A supply curve is a graphical representation of the relationship between the quantity of a good or service that a producer is willing and able to offer for sale at a given price. The curve slopes upward, indicating that as the price of a good or service increases, producers are more willing and able to offer larger quantities for sale. This is because, in most cases, producers can earn a higher profit by producing and selling more units of a good or service at a higher price.

The shape of the supply curve reflects the cost structure of production, technological advancements, and the availability of resources. For example, if the cost of production increases, the supply curve shifts to the left, indicating that producers are willing to offer fewer units for sale at each price. Understanding the supply curve is important for businesses, economists, and policymakers as it provides insight into how changes in market conditions affect the behavior of producers.

To learn more about Supply curve visit here:

brainly.com/question/28177667

#SPJ4

1. For financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. For financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units? 4. For financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?.

Answers

For financial accounting purpose, Answer to the question 1) $502,000 2) $302,000 3) $538,400 and 4) 194200

Calculation of the answer are: 1) (8.9 + 5.9 + 3.4 + 6.9) * 20,000 = 502,000. 2) (5.4 + 4.4 + 2.9 + 2.4) * 20,000 = 302,000. 3) (8.9 + 5.9 + 3.4) * 22,000 = 400,400 You should be aware that the price calculated excludes the fixed production overhead. To obtain the product cost, we therefore add the fixed manufacturing overhead. 400,400 + 138000= 538,400. 4) (2.4 + 2.9) * 18,000 = 95400. Keep in mind that the amount calculated only includes the sales commissions and variable administrative expense. The fixed costs are then added. 95400 + 10800 + 88000= 194200

To learn more about sales commissions click here

brainly.com/question/29609082

#SPJ4

Question:

Kubin Company's relevant range of production is 29,000 to 33,000 units. When it produces and sells 31,000 units, its average costs per unit are as follows:

Average Cost per Unit

Direct materials $ 8.90

Direct labor $5.90

Variable manufacturing overhead $3.40

Fixed manufacturing overhead $6.90

Fixed selling expense $5.40

Fixed administrative expense $4.40

Sales commissions $2.90

Variable administrative expense $2.40

1. For financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units?

2. For financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units?

3. For financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units?

4. For financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?.

term loans where each periodic loan payment consists of interest payments and then the principal is repaid in full at maturity are:

Answers

A term loan is a type of loan where the borrower receives a lump sum of money, and then repays the loan in regular periodic payments over a specified period of time.

Each loan payment consists of both interest payments and principal repayments, with the amount of each loan payment remaining constant throughout the loan term.

A term loan is a type of loan where the borrower receives a lump sum of money, and then repays the loan in regular periodic payments over a specified period of time.

These periodic loan payments consist of both interest payments and principal repayments. At the end of the loan term, the borrower is expected to have fully repaid both the interest and the principal of the loan.

In a term loan, the loan payment amount remains constant throughout the loan term. This means that each loan payment consists of a portion of the interest owed, and a portion of the principal.

As time passes and the borrower repays the loan, the amount of interest owed decreases, while the amount of principal repaid increases.

The amount of each loan payment is determined by the loan terms, including the interest rate, loan amount, and loan term. The interest rate on a term loan is typically fixed, meaning that the rate remains the same throughout the loan term.

This makes it easier for borrowers to budget and plan for their loan payments, as they know exactly how much they will be expected to pay each period.

To learn more about term loan refer here

https://brainly.com/question/29755394#

#SPJ11

Make a list of skills that you presently possess that will assist you in getting a job.

Answers

List of skills that you presently possess that will assist you in getting a job:

Communication skillsLeadership skillsTeamwork skillsInterpersonal skillsLearning/adaptability skillsSelf-management skillsOrganizational skillsComputer skills

What are skills and examples?

A skill is the acquired capacity to move with deliberate intent and effective execution, frequently in a predetermined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.

For jobs like fitness instructors, firefighters, or waiters and waitresses, for instance, it's a necessary skill. There are two categories of skills used in the workplace: technical skills and soft skills. Technical skills are the ability to perform certain jobs, such as teaching, computer programming, or cooking.

Learn more about skills, here:

https://brainly.com/question/23389907

#SPJ1

Answer:

Top Skills:

Communication skills

Leadership skills

Teamwork skills

Interpersonal skills

Learning/adaptability skills

Self-management skills

Organizational skills

Computer skills

Explanation:

Hope this helps

how is the derivative used in radar guns

Answers

The derivative is used in radar guns to determine the speed of an object. By measuring the change in frequency of a reflected signal, the radar gun can calculate the speed of an object.

This is done by taking the derivative of the signal's frequency with respect to time, which gives the rate of change, or the speed, of the object

Radar guns work by emitting a radio frequency signal and measuring the time it takes for the signal to bounce off an object and return to the radar gun. The speed of the object is then calculated by dividing the distance traveled by the time taken.

However, the traditional method of measuring the time it takes for the signal to travel to and from an object is prone to errors, especially when the object is moving at high speeds. This is where the derivative comes in.

By taking the derivative of the signal's frequency with respect to time, the radar gun can determine the rate of change of the signal's frequency, which is proportional to the speed of the object. This method is more accurate, especially for high-speed objects, and is widely used in radar guns today.

To know more about radar guns click on the link below:

https://brainly.com/question/28196484#

#SPJ11

Other Questions
filmmakers must choose between realism, antirealism, and verisimilitude in order to make the content of their films understandable to the audience. T/F in terms of m1 , m2 , and g , find the acceleration of the first block in the figure (figure 1). there is no friction anywhere in the system. Suppose you mix two clear liquids together to form a new substance and bubbles form. What type of reaction might this indicate? Explain your answer. When should you report a change of address to the University? Selected Answer: Within 10 days. Answers: Within 30 days. Within 20 days. Within 10 days. which of the following is a normal constituent of urine? multiple choice large proteins blood glucose creatinine fresh first grocery store purchases bread at $1 per loaf and sells it at $1.50 a loaf. any unsold bread is fed to the geese at a local pond. what is the decision rule? What year was Hans Christian Andersen born? a mediator should enter a negotiation when.a. personal differences are detected.b. the parties are only talking for short periods of time and tension is rising.c. the parties are unable to find a solution.d. a quick resolution is desired but not imperative. Elements that are very reactive seek to gain stability by moving or sharing ___________ with neighboring atoms of elements. WILL GIVE BRAINLYISTRead this passage "Primary Lessons" My mother had pulled my hair harder than usual while braiding it, and I had dissolved into a pool of total self-pity...Buttoning me into my stiff blouse while I tried to squirmn away from her, my mother attempted to explain to me that I was a big girl now and should try to understand that, like all the other children my age, I had to go to school What do the author's word choices convey about her viewpoint as she remembers this moment? Word choices such as "big girl now" and "children my age" help readers see that the author views her childhood as rushed and that she had to grow up too quickly. word choices such as my brother pulled my hairy Carter than usual indicates that the Arthur views her childhood self flas selfish Which image file format allows for the greatest flexibility for supporting vector or raster graphics, lossy or lossless compression, 1-bit to 24-bit colors, and cross-platform capability?(A) JPEG(B) PNG(C) SVG(D) TIFF which best defines what a mole represents in chemistry? a boat is 324 feet from the base of cliff. if the distance from the top of the cliff to the boat is 81 more than twice the height of the cliff. find the height of the cliff. round to the nearest tenth of a foot if necessary. Look up ""the paper that started the study of computer security."" Prepare a summary of the key points. What in this paper specifically addresses security in previously unexamined areas? 04.02 Italian City-States Guided NotesDescribe each of the Italian city-states:City-State Where in Italy is it? Base of Economy Major figures or parts of its historyRome Venice Florence Milan Naples What made the five Italian city-states significant to late medieval history? What is the equation for motion with constant acceleration? The reactivity of an element is based on its __________.ResponsesA electronselectronsB protons Which of the following compounds have both polar cNH4BrH2O2HCNH2SNone of these In a survey of 1,600 people who owned a certain type of car, 880 said they would buy that car again. What percent surveyed were satisfied with the car? 100 POINTS IF YOU ANSWER THIS CORRECTLY