Answer:
The correct answer is:
$380 (D.)
Explanation:
The cost of production of a good or service is the amount used up or forfeited in the production of the good or service. In this scenario, from Ziva used 10 hours for farming and because she dedicated 10 hours, if she had been available for her consultancy service which paid her $25 per hour, she would have earned a total of $250 at the end of the 10 hours she used in farming. In addition, she also spend $130 on the seed that she used for planting, which is the direct cost of farming (production). Hence the total amount given up in the farming process will make up the total cost of farming, and this includes; the $250 given up for consultancy, and the $130 spent on seeds, hence, the total cost of production is;
= 250 + 130 = $380
Answer:
Explanation:
1. The computation of the balance in retained earnings is shown below:
= Beginning retained earning balance + adjusted net income
where,
Beginning retained earning balance is $780,000
And, the adjusted net income is = Inventory × ( 1 - tax rate)
= $60,000 × (1 - 40%)
= $36,000
Now put these values to the above formula
So, the value would equal to
= $780,000 + $36,000
= $816,000
2. The journal entry is shown below:
Inventory A/c Dr $60,000
To Retained earning A/c $36,000
To Tax payable A/c $24,000
(Being inventory is adjusted and the remaining balance is credited to tax payable account)
People was the greatest export
Answer:
The market risk premium is 9.3%
Explanation:
Market risk premium can be obtained by calculating the difference between the expected return on the market and the risk-free rate.
In the question given, the risk rate fee refers to the US treasury bill.
Therefore,
Market risk premium = market rate-risk free rate
= (12.6% - 3.3%)
= 9.3%
So, in the question given, the market risk premium is
9.3%
A private contractor becouse it is important
