A company is currently producing 120 chairs per day. Assume the market currently tells us that the least-cost combination of resources to produce 120 chairs is the following: Labor 12 units $10 per unit Land 6 units $20 per unit Capital 5 units $20 per unit Entrepreneurial ability 3 units $10 per unit Now assume the company sells 120 chairs at $4 per unit, and then answer the following questions: Instructions: Enter your answers as whole numbers. a. What is the company's total revenue? $ b. What is the company's total cost? $

What are the forecasted levels of the line of credit and special dividends? (hints: create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.) now assume that the growth in sales is only 3%. what are the forecasted levels of the line of credit and special dividends?

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.