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2 years ago

100 POINTS HELP PLEASE!

Business

1 answer:

exis [7]2 years ago

8 0

Answer:

$3 per bushel of corn

Explanation:

the $3 is at a point of equilibrium, and that price is lower than the $4 which is above the point of equilibrium

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Suppose you have $10,000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for fu

trapecia [35]

Answer:

The Money supply will decrease by $4,500

Explanation:

What will be the maximum impact on money supply today as a result of your action is that the Money supply will decrease by $4,500.

Since we assumed that you have $10,000 in your account in which you withdraw $500 cash from your account and hide it under your pillow for future use, therefore based this scenario or actions carried by you it means that your bank have fewer or lesser funds available to make loans which means the decrease will tend to affect the money supply.

Hence, you can easily calculate the effect by using the simple money multiplier.

8 0

4 years ago

Progressive women reformers worked to: (a) reduce wages (b) limit the worday (c) overturn the nineteenth amendment (d) establish

Nikitich [7]

whole quiz

1. Limit the workday.

2. Ida B, Wells.

3. prohibition.

Your welcome :)

3 0

3 years ago

Read 2 more answers

On December 1, Marzion Electronics Ltd. has three DVD players left in stock. All are identical, all are priced to sell at $161.

Leni [432]

Answer:

$208

Explanation:

Using the FIFO Inventory method, inventory items are assumed to be sold in the order in which they were purchased from the earliest to the latest.

The order of purchase of the inventory items are.

Jun. 1, DVD Player 1012, $113

Nov. 1, DVD Player 1045, $95

Nov. 31, DVD Player 1056, $88

Therefore, if two of the three items are sold, the cost of goods sold is the cost of the first two items purchased

= 113 + 95 = $208.

4 0

4 years ago

Read 2 more answers

Which of the following is a key consideration in selecting an allocation base?

Andreas93 [3]

Answer:

C. There should be logical association between the allocation base and the incidence of costs.

Explanation:

We define the allocation base as that quantity through which the overhead cost and be allocated to. This base is usually in the form of a quantity. It could be the kilowatts used in hours, or the machine hours used.

It should be able to show to a logical extent how the cost object used the resources to which it is assigned

3 0

3 years ago

FedEx Corporation is the world's leading express-distribution company. In addition to the world's largest fleet of all-cargo air

Masteriza [31]

Answer:

1) Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was:

(a) $12,000, 0

(b) $10,000, Loss 2000

2) Using the following structure, indicate the effects (accounts, amounts, and + or -) for the disposal of the truck in each of the three preceding situations.

Assets = Liabilities + Stockholders' Equity

Cash+Net Fixxed Asset=Liabilities+truck sold+sale-net-loss in sale

´=16000+(-28000+12000)=0+(16000-(28000-12000))

3) Prepare the journal entry to record the disposal of the truck for each situation in requirement 1.

Depreciation a 12000

Db Cash___________________ 16000

Depreciation________________ 12000

Fix asset____________________________________ 28000

Depreciation b 10000

Db Cash___________________ 16000

Depreciation_______________ 10000

Fix asset____________________________________ 28000

Loss in disposal of fixed asset_______2000

Depreciation c 15000

Db Cash___________________ 16000

Depreciation________________ 15000

Fix asset____________________________________ 28000

Income in disposal of fixed asset__________________ 3000

Explanation:

Truck sold 16000

Purchased 28000

Depreciation a 12000

Depreciation b 10000

Depreciation c 15000

Cash+Net Fixxed Asset=Liabilities+truck sold+sale-net-loss in sale

´=16000+(-28000+12000)=0+(16000-(28000-12000))

Depreciation a 12000

Db Cash___________________ 16000

Depreciation________________ 12000

Fix asset____________________________________ 28000

Depreciation b 10000

Db Cash___________________ 16000

Depreciation_______________ 10000

Fix asset____________________________________ 28000

Loss in disposal of fixed asset_______2000

Depreciation c 15000

Db Cash___________________ 16000

Depreciation________________ 15000

Fix asset____________________________________ 28000

Income in disposal of fixed asset__________________ 3000

7 0

3 years ago