Which of the following groups of accounts have a normal credit balance

Problems and applications q6 darnell loves playing rock 'n' roll music at high volume. jacques loves opera and hates rock 'n' ro

mafiozo [28]

Answer:

false

Explanation:

The Coase theorem states that parties in dispute should seek an optimal solution to their problem regardless of how property rights were initially distributed.

In this case, you need to find an agreement that satisfies both Darnell and Jacques regardless of who initially would have been considered to be right about the argument. Conflicts over rights to use property can be solved when parties settle on the efficient use of inputs. E.g. they could establish hours at which Darnell can listen to rock n' roll, and other hours when he shouldn't. That way both of them can enjoy the music they like and not bother the neighbors.

An optimal solution can always be reached regardless of initial distribution of rights.

7 0

3 years ago

A company forecasts sales of $91,500 for the quarter ended December 31. Its gross profit rate is 18% of sales, and its September

nlexa [21]

Answer:

Purchases= $57,530

Explanation:

Giving the following formula:

Production= 91,500*(1 - 0.18)= $75,030

Beginning inventory= $25,000

Desired ending inventory= $7,500

To calculate the budgeted purchases, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 75,030 + 7,500 - 25,000

Purchases= $57,530

6 0

2 years ago

If the price of tutoring increases from $5 to $15, producer surplus increases, in numerals, by $_____.

olga_2 [115]

With the price increase in tutoring from $5 to $15, producer surplus increases by $10.

<h3>What is producer surplus?</h3>

Producer surplus is the additional benefit that the tutors receive. It can be computed by determining the difference between old tutoring price, $5, and the new market price of $15. The implication is that while tutors are willing to accept $5, the new marketing price has made it possible for them to increase their surplus by $10 ($15 - $5).

Thus, the producer surplus increases by $10 to show the increased benefit that suppliers receive for selling their services in the marketplace.

Learn more about producer surplus at brainly.com/question/7622454

7 0

2 years ago

Fred is making cookies and needs to measure out 3/4 cup of milk, what would he use?

Ne4ueva [31]

Answer:

1/4 dry measuring cup - 3 times

Explanation:

I/4 three times is 3/4

When a cup with 1/4 milk is used three times, the total measurement will add to 3/4.

7 0

2 years ago

Gaston Company is considering a capital budgeting project that would require a $2,400,000 investment in equipment with a useful

Rudik [331]

Answer:

$1,053,890.40

Explanation:

Net operating income $460,000

Less: Tax at 30% $138,000

After tax income $322,000

Add: Depreciation $660,000

Net cash inflow $982,000

Year Cash inflow PVF(13%) PV of cash-flows

0 ($2,400,000) 1 ($2,400,000)

1-5 $982,000 3.5172 $3,453,890.40

Project's net present value $1,053,890.40

7 0

2 years ago