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2 years ago

Arturo would incur an opportunity cost of 36 burritos if he increased his production of tacos by :__________

Business

1 answer:

IrinaK [193]2 years ago

7 0

Arturo would incur an opportunity cost of 36 burritos if he increased his production of tacos by 27

<h3>How to find the opportunity cost</h3>

opportunity cost of Burritos

= 400 / 300

= 1.33

The opportunity cost of Tacos

300 / 400

= 0.75

For the tacos produced we would have

opportunity cost of tacos x opportunity cost that was incurred

= 36 * 0.75

= 27

Hence we would conclude by saying that Arturo would incur an opportunity cost of 36 burritos if he increased his production of tacos by 27

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One possible answer to the economic problems in West and Central Africa is A. griots. B. microcredit loans. C. imports of natura

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The correct answer is : B. Microcredit Loans

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Discuss how new technologies make it easier to learn. how do they facilitate transfer of training?

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<h3>Definition of transfer:</h3>

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1 year ago

On January 1, 2017, Eagle borrows $17,000 cash by signing a four-year, 6% installment note. The note requires four equal payment

Reika [66]

Answer:

The question is:

Prepare the journal entries for Eagle to record the loan on January 1 2017 and the four repayments from 31st December 2017 through 31st December 2020?

The answer is:

1 January 2017

Dr Cash 17,000

Cr Note Payable 17,000

31 December 2017

Dr Interest expenses 1,020

Dr Note Payable 3,886

Cr Cash 4,906

(to record note principal and interest expenses payment)

31 December 2018

Dr Interest expenses 787

Dr Note Payable 4,119

Cr Cash 4,906

(to record note principal and interest expenses payment)

31 December 2019

Dr Interest expenses 540

Dr Note Payable 4,366

Cr Cash 4,906

(to record note principal and interest expenses payment)

31 December 2020

Dr Interest expenses 277

Dr Note Payable 4,629

Cr Cash 4,906

(to record note principal and interest expenses payment)

Explanation:

Working note for the repayment transaction:

- For all the four journal entries regarding the repayment, the Cash account is debited at $4,906 because the note requires four equal payments of $4,906.

The calculations of Principal repayment ( which is recorded as Dr Note Payable and Interest expenses which is recorded as Dr Interest Expense) for each year are as below:

31 December 2017:

Interest Expenses = Outstanding Note Payable * 6% = 17,000 * 6% = $1,020;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 1,020 = $3,886.

31 December 2018:

Interest Expenses = Outstanding Note Payable * 6% = (17,000-3,886) * 6% = $787;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 787 = $4,119.

31 December 2019:

Interest Expenses = Outstanding Note Payable * 6% = (17,000-3,886-4,119) * 6% = $540;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 540 = $4,366.

31 December 2020:

Interest Expenses = Outstanding Note Payable * 6% = (17,000-3,886-4,119-4,366) * 6% = $277;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 277= $4,629.

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3 years ago

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The following is the ending balances of accounts at December 31, 2021, for the Weismuller Publishing Company.

luda_lava [24]

Answer:

A balance sheet for Weismuller publishing for December 31 2021 was prepared and recorded in the explanation section below

Explanation:

Solution

COMPANY: WEISMULLER PUBLISHING Balance Sheet At December 31 2021 Assets

Current assets:

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Short term investments ($166,000 - $43000) $123000

The net accounts receivable ($186,000 =$29,000) $175,000

Inventory $298,000

Prepaid expense [174,000-(14600/2)] $101,000

The total current assets $813,000

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