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iragen [17]
3 years ago
13

American airlines traded eight 747s for twelve dc-10s owned by united airlines. this transaction is an example of

Business
1 answer:
OLga [1]3 years ago
3 0
American Airlines traded eight 747s for twelve DC-10s owned by United A<span>irlines. this transaction is an example of </span>barter.<span> Barter is a commercial transaction whereby two parties are </span><span>exchanging goods or services without the involvement of money. In this example, it is clearly a barter </span>transaction.<span> The </span><span>American Airlines traded a property with another property to United Airlines. There was no involvement of money in this transaction. The quantity of the property being traded is not necessarily equal because this would depend on the price of the property being traded in by the parties. In this example, United Airlines traded more pieces of their property to American Airline. This may be due to the price difference of the two properties.</span>
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 Regardless if the amount of supplies has not been paid or not, it is still accounted for in the balance sheet. You would have a debit of 342,000 for supplies, credit of supplies payable of 240,000 and a credit to cash for 102,000 assuming that the difference between both amounts was paid for with cash.


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Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we woul
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In the market for personal computers, we would expect the Equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.

<h3>What is equilibrium quantity?</h3>
  • When there is no shortage or surplus of a product on the market, it is said to be in equilibrium quantity.
  • When supply and demand meet, the amount of an item that consumers want to buy equals the amount supplied by its producers.
  • The equilibrium price is the only price at which consumers' and producers' plans coincide—that is, the amount consumers want to buy of the product, quantity demanded, equals the amount producers want to sell, quantity supplied.
  • Assume there is an increase in both supply and demand for personal computers.
  • The Equilibrium quantity would then rise in the market for personal computers, while the change in the equilibrium price would be ambiguous.

Therefore, in the market for personal computers, we would expect the equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.

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The correct question is given below:

Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect the Equilibrium quantity to ______ and the change in the equilibrium price to be __________

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2 years ago
Verizon Manufacturing Company spent $400,000 in 2019 to inspect incoming components. Of the $400,000, $240,000 is fixed appraisa
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Answer:

The question is incomplete, the option include:

  • $20,000 decrease.
  • $45,000 decrease.
  • $80,000 decrease.
  • <em>$160,000 decrease.  is Correct</em>
  • $320,000 decrease.

Explanation:

1. In 2019 the number of finished units with internal faults = $400,000 completed units * 0.05 = $20,000.

2. In 2020 the number of finished units with internal faults = $20,000* (1 -0.1) = $18,000.

3. In 2020, the projected cost of internal failure= $18,000 * $80= $1,440,000;

4. In 2019 the expense of internal failure= $20,000 * $80 = $1,600,000.

5. Projected shift in the cost of internal failure = <em><u>$1,600,000 - $1,440,000 = decrease of $160,000</u></em>

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