Answer:
C) Relatively more elastic than those of firms which only make house windows
Explanation:
The supply curve for this company will be more elastic than the supply curves of its competition because it can decide to produce either house windows or other types of windows depending on which product generates the largest profit. For example, if the price of car windows increases, then the company's supply of car windows will increase.
Answer:
There is a loss on disposal of $10000 and option C is the correct answer.
Explanation:
The units of production method charges depreciation based on the activity level that the asset is used for during a period
The depreciation rate under this method is,
Depreciation per hour = (240000 - 40000) / 10000 = $20 per hour
The depreciation for the Year 2015 and 2016 under the units of production method is,
2015 = 20 * 2400 = $48000
2016 = 20 * 2100 = $42000
The accumulated depreciation at the end of 2016 is = 48000 + 42000 = $90000
The carrying value at the end of 2016 is = 240000 - 90000 = $150000
The gain/loss on disposal = 140000 - 150000 = - $10000 or a loss of $10000
Answer:
Reduction
Explanation:
Transactions involving treasury stock will affect the stockholders' equity section of the balance sheet by offsetting the value of common stock tothe the tune of the amount of the repurchase
By extension, as a result of the offsetting of common stock by treasury stocks; such transactions generally reduces stockholders' equity by the amount of the repurchase.
Hence, going forward, Grid Corp will show a lower number of outstanding shares and a lower figure as Shareholders' equity.
Answer:
assets increase $5,100 and liabilities increase $5,100
Explanation:
Assets are the items that a company owns which can provide future economic benefit.
Liabilities are future sacrifices of economic benefits that an entity is obliged to make to other entities as a result of past transactions or other past events, hence Liabilities are what a person or company owe other parties.
If a company purchases equipment costing $5,100 on credit, the assets of the company will increase by $5100 as a result of acquiring an equipment. Also, the liability will increase by $5100 as a result of debt owed.
Answer:
Precious metals should accept the project
Explanation:
To determine which company should accept the project, one has to calculate the net present value.
The net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator:
Cash flow in year 0 =
Cash flow each year from year one to ten =
For Deep Mining ,
I = 16.7%
NPV = $39,096.09
Precious Metals,
I = 12.6%
NPV = $83,144.67
Precious metals should accept the project because its npv is postive.
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
