All categories

2 years ago

Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?

1 answer:

8 0

The question "Who has the greatest need?" must be considered by the society when deciding for whom to produce on a potentially scarce or limited resource.

<h3>What is the whom to produce?</h3>

As part of an economic problem, this refers to problem of distribution of final product.

Thus, the question "Who has the greatest need?" must be considered by the society when deciding for whom to produce while deciding who to produce a potentially scarce or limited resource for.

You might be interested in

Village East expects to pay an annual dividend of $1.40 per share next year, and $1.68 per share for the following two years. Af

VashaNatasha [74]

Answer:

$15.15

Explanation:

Given:

D1 = $1.4
D2 = $1.68
Growth = 3.4% = 0.034
Discount rate = 13.7 % = 0.137

As we know that:

P3= ($1.68 × (1+034)) / (0.137 - 0.034)= $16.86

So, P0:

= $1.40 / 1.137 + $1.68 / 1.1372 + ($1.68+ $16.86)/ 1.1373

= $15.15

Hope it will find you well.

8 0

3 years ago

Muffin’s Masonry, Inc.’s, balance sheet lists net fixed assets as $18.00 million. The fixed assets could currently be sold for $

jeyben [28]

Answer:

Book Value Market Value

Current Assets $14 m $14.95 m

Fixed Assets $18 m $27 m

Total $32 m $41.95 m

Explanation:

For book Value:

Net fixed assets=$18.00 million

Current Liabilities=$7.50 million

net working capital=$6.50 million

Formula:

Net working capital=Current assets-Current Liabilities

$6.50 million=Current assets-$7.50 million

Current Assets=$6.50+$7.50

Current Assets=$14 million

Total Assets=Net fixed assets+Current Assets

Total Assets=$18 m+$14 m

Total Assets=$32 m

For Market Value:

Net fixed assets=$27.00 million

Current Liabilities=$7.50 million

net working capital=$7.45 million

Formula:

Net working capital=Current assets-Current Liabilities

$7.45 million=Current assets-$7.50 million

Current Assets=$7.45+$7.50

Current Assets=$14.95 million

Total Assets=Net fixed assets+Current Assets

Total Assets=$27 m+$14.95 m

Total Assets=$41.95 m

Book Value Market Value

Current Assets $14 m $14.95 m

Fixed Assets $18 m $27 m

Total $32 m $41.95 m

8 0

4 years ago

Rodriquez Company budgeted the following sales in units: January 30,000 February 20,000 March 40,000 Rodriquez's policy is to ha

chubhunter [2.5K]

Answer:

24,000 units

Explanation:

Given:

Budgeted sales for January = 30,000

Budgeted sales for February = 20,000

Opening inventory in January = 7,500

Desired ending inventory = 20% of sales in February

= 0.2 × 20,000

= 4,000 units

Units required in January = 30,000 + 4,000

= 34,000 units

Units to be produced in January = 34,000 - opening inventory

= 34,000 - 7,500

= 26,500 units

Budgeted sales for February = 20,000

Budgeted sales for March = 40,000

Opening inventory in February is closing inventory of January = 4,000

Desired ending inventory = 20% of sales in March

= 0.2 × 40,000

= 8,000 units

Units required in February = 20,000 + 8,000

= 28,000 units

Units to be produced in February = 28,000 - opening inventory

= 28,000 - 4,000

= 24,000 units

5 0

3 years ago

Which of the following is true regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college c

blsea [12.9K]

Answer:

All of these options is true

Explanation:

Statement of revenue and expenses is a comprehensive report showing the amount of profit earned minus the amount of operating expenses.

It provides information regarding the organization's operation as well as the revenue generated.

Revenue earned is collated as receipts and included in the statement of revenue and expenses.

Regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college choosing to report as a special-purpose entity engaged in business-type activities, the following apply:

State appropriations should be reported as non-operating income
Both contributions for plant and for endowment purposes must be reported separately after both operating and non-operating revenues and expenses
An operating income figure must be displayed

4 0

3 years ago

Elkland Heating & Cooling installs and services commercial heating and cooling systems. Elkland uses job costing to calculat

andrey2020 [161]

Answer:

Estimated manufacturing overhead rate= $15 per direct labor hour

Explanation:

Giving the following information:

Overhead is allocated to each job based on the number of direct labor hours spent on that job.

The estimated overhead= $61,500.

Estimated direct labor hours= 4,100

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 61,500/4,100= $15 per direct tlabor hour

6 0

3 years ago