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3 years ago

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If hat size and iq are positively correlated, which of the following is true? people with large heads tend to have high iqs. peo

ple with small heads tend to have high iqs. people with large heads tend to have low iqs. iq is unpredictable based on a person's hat size.

1 answer:

zmey [24]3 years ago

6 0

People with large heads tend to have high iqs.

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The 2019 balance sheet of Dyrdek’s Skate Shop, Inc., showed $530,000 in the common stock account and $2.3 million in the additio

Tju [1.3M]

Answer:

$80,000

Explanation:

$The \ expression \ for \ calculating \ cash \ flow \ to \ stockholders \ is:$

$Cashflow \ = \ Dividend \ paid \ during \ the \ year \ - \ change \ in \ t he \ value \ of \ common \ stock \ during \ - \ change \ in \ value \ of \ stock \ in \ the \ previous \ year$ $Here;$

$Change \ in \ value \ of \ Common \ stock \ during \ the \ year \ =$ $\ Value \ of \ Common \ stock \ of \ the \ Curren t \ Year - Value\ of \ Common \ stock \ of \ the \ Previous \ Year$

$Change \ in \ valu e \ of \ Additional \ paid \ in \ surplus \ account \ during \ the \ year =$

$Value \ of \ Additional \ paid \ in \ surplus \ account \ o f \ the \ Current \ Year \ -$ $\ Value \ of \ Additional \ paid \ in \ surplus \ account \ of \ th e \ Previous \ Year$

From the information given:

$Dividend \ Payment \ during \ the \ year$ 2020 = $320000

$Value \ of \ stock \ in \ current \ yr$ = i.e. 2020 = $570000

$Value \ of \ stock \ in \ previoius \ yr$ = i.e. 2019 = $530000

Change = $570000 - $530000 = $40,000

$Value \ of \ Ad ditional \ paid-in \ surplus \ acct \ of \ the \ current \ year$ = $2,500,000

$Value \ of \ Ad ditional \ paid-in \ surplus \ acct \ of \ the \ previous \ year$ = $2,300,000

Change = $2,500,000 - $2,300,000 = $ 200000

∴

$By \ using \ the \ above \ information \ in \ the \ formula \ for \ calculating \ the \ cash \ flow \ to$

$\ stackholder, \ we \ get:$

= $320000 - $40,000 - $ 200000

= $80,000

4 0

3 years ago

A large law firm uses an average of 40 boxes of copier paper a day. The firm operates 260 days a year. Storage and handling cost

Drupady [299]

1. Ordering 204 boxes will minimize the sum of annual ordering and carrying costs

2. Total cost will be $6118.82

3. Yes,annual ordering and carrying costs always equal at the EOQ.

<u>Explanation</u>:

D = 40 boxes per for 260 days

= $40 \times 260 = 10400$ boxes

S = $60

H = $30

1. $Q = \sqrt{\frac{2DS}{H} }$

$= \sqrt{\frac{2 \times 10400 \times 60}{30} }$

= 203.96

Q = 204 boxes

2. $TC = \frac{Q \times H}{2} + \frac{D \times S}{Q}$

$= \frac{204 \times 30}{2} + \frac{10400 \times 60}{204}$

$= 3060 + 3058.82$

TC= $6118.82

7 0

3 years ago

Consider the following production function: Q=(L+K)1/2

boyakko [2]

Answer:

(a) MPL = 1/2

(b) MPK = 1/2

(c) APL = 1/2+ K/2L

(d) APK = = L/2K+ 1/2

(e) TRSL,K = 1

Explanation:

Q = (L+K)1/2 = L/2 + K/2 ……………………………………………………. (1)

Where Q is the total output, L is Labour and K is capital

(a) What is the Marginal Product of Labor (MPL)?

To get MPL, differentiate equation (1) with respect to L as follows:

MPL = dQ/dL = 1/2

(b) What is the Marginal Product of Capital (MPK)?

To get MPK, differentiate equation with respect to K as follows:

MPK = dQ/dL = 1/2

Both MPL and MPK are diminishing since each of them is 1/2 which less than one.

(c) What is the Average Product of Labor (APL)?

To calculate APL, divide equation (1) by L as follows:

APL = Q/L = (L/2)/L + (K/2)/L

= 1/2+ K/2L

(d) What is the Average Product of Capital (MPK)?

To calculate APK, divide equation (1) by K as follows:

APL = Q/K = (L/2)/K + (K/2)/K

= L/2K+ 1/2

(e) What is the TRSL,K ?

TRSL,K implies Technical Rate of Subsitution of L for K = MPK/MPL

TRSL,K = MPK/MPL

Since both MPK and MPL are each equal to 1/2 as calculated under (a) and (b) above, we substitute for them in the TRSL,K as follows:

TRSL,K = MPK/MPL = (1/2)/(1/2) = 1

(e.1.) Is the absolute value of TRSL,K diminishing in L or K?

No, it neither diminishing in L nor K since the answer is equal to 1.

(e.2.) Are there constant, decreasing, or increasing returns to scale?

Since the TRSL,K is equal to 1, it implies there is a constant return to scale.

I wish you the best.

8 0

3 years ago

In the Solow growth model, if investment is less than depreciation, the capital stock will ______ and output will ______ until t

Neko [114]

Answer:

decrease; decrease

Explanation:

In the Solow growth model, if investment is less than depreciation, the capital stock will <u>decrease</u> and output will <u>decrease</u> until the steady state is attained.

If Investment is less than depreciation, thereby resulting in capital stock shrinking and output decreasing.

The golden rule of capital stock is defined as higher consumption per worker at a steady rate.

7 0

3 years ago

Elite Trailer Parks has an operating profit of $251,000. Interest expense for the year was $33,900; preferred dividends paid wer

Liula [17]

Answer:

EBIT = $251,000

interest expense = $33,900

taxes = $68,100

net income = $251,000 - $33,900 - $68,100 = $149,000

preferred dividends = $30,100

total stocks outstanding = 25,700

common dividends = $44,700

a) EPS = (net income - preferred dividends) / outstanding common stocks = ($149,000 - $30,100) / 25,700 = $4.63 per share

commons dividends per share = common dividends / outstanding common stocks = $44,700 / 25,700 = $1.74

b) retained earnings increase = net income - preferred dividends - common dividends = $149,000 - $30,100 - $44,700 = $74,200

6 0

3 years ago