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sdas [7]
3 years ago
10

Young Bobby opened a lemonade stand in his front yard. He used $4 worth of lemons, sugar, and cups, and paid his little sister $

1 to operate the stand while he played. She sold 7 cups of lemonade for $1 each. What was the surplus value?
Business
1 answer:
Pepsi [2]3 years ago
8 0

Answer:

$2

Explanation:

Surplus value = revenue - cost

Revenue = $1 × 7 = $7

Cost = $4 + $1 = $5

Surplus value = $2

I hope my answer helps you

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On December 29, 2019, Patel Products, Inc., sells a delivery van that cost $20,000. The equipment had accumulated depreciation o
pashok25 [27]

Answer:

journal entry  are given below

carrying value = $4000 and cash received is $2000

Explanation:

given data

delivery van cost = $20,000

accumulated depreciation = $16,000

Annual depreciation  = $2,000

solution

journal entry  are

date                              title                                          debit          credit

December 29, 2019    Cash                                        $2000

                                   Accumulated depreciation      $16000

                                   Delivery van                                                  $20000

note that

here carrying value is = $20000 - $16000

carrying value = $4000

and cash received is $2000

7 0
3 years ago
Old Economy Traders opened an account to short-sell 1,550 shares of Internet Dreams at $74 per share. The initial margin require
svetlana [45]

Answer:

A.37%

B.No because the margin is above the requirement at 37%.

C.-118%

Explanation:

Old Economy Traders

a.

1,550 shares*$74 per share = 114,700

margin requirement is 52% so equity =59,644

1 year later price increase to 81

$1550 shares*$81 per share = 125,550

Dividend = $4*1550 = 6,200

Margin = 114,700/131750 = 37%

b.

No because the margin is above the requirement at 37%.

c.

Price of 1550 stock year 1 at 81$/share = 125,550

114,700 – 125,500 = -10800

Rate of return = (-10800 -59,644)/59,644= -118%

8 0
3 years ago
Economics is the study of a society's financial institutions. true or false​
rusak2 [61]

Answer:

False

Explanation:

8 0
3 years ago
what term refers to selling goods in a foreign market at a price that is far below the cost of production? A. profiteering B. sc
Serhud [2]

Dumping is the ILLEGAL selling goods in a foreign market at a price that is far below the cost of production

6 0
3 years ago
If any of you are having problems we can talk go ahead let everything out i'll help you!
Harlamova29_29 [7]

Answer:

thank you !

Explanation:

i might need to use thins soon haha

thanks,

~mina

8 0
3 years ago
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