Answer:
Compared to a barter economy, using money increases efficiency by reducing: transaction costs. Barter is the: direct exchange of goods and services.
Answer:
option (B) Costs outweigh benefits by $1,600
Explanation:
Given:
Software costs = $10,300
Employee training cost = $8,200
Expected hardware upgrade cost = $12,100
Expected benefits from the inventory tracking system = $29,000
Now,
The total cost of the inventory tracking system
= Software costs + Employee training cost + Expected hardware upgrade cost
= $10,300 + $8,200 + $12,100
= $30,600
Since the cost is more than the benefit, the cost outweigh the benefit
the difference of outweigh = Cost - Benefit = $30,600 - $29,000 = $1,600
Hence,
the correct answer is option (B)
There are four given basic economic questions and these serve as a guide on the production of goods and services. In the given scenario above, the basic economic question that they are answering would be how to produce. The correct answer is option A. This question applies since resources are also limited. And they must make a way on how to produce enough goods and services from limited resources. Hope this helps.
Answer:
The amount of stockholders' equity at the end of the year is $35,000
Explanation:
For computing the ending balance of the stockholder equity, first we have to compute the beginning balance of equity which is shown below:
Total assets = Total liabilities + stockholder equity
$100,000 = $55,000 + stockholder equity
So, stockholder equity = $100,000 - $55,000
= $45,000
Now the ending balance of stockholder equity would equal to
= Opening balance of stockholder equity + revenues - expenses - dividend paid
= $45,000 + $120,000 - $80,000 - $50,000
= $35,000
Answer:
$2.58 million
Explanation:
Given that
First payment today = 0.5million
Second payment a year time = 0.9 million
Third payment in 2 years time = 1.6 million
In calculating the real worth of the contract, second payment must be brought back by one period at 12% rate because the payments a made a year from today and also the third payment must be brought back two period at 12% rate because the payments is made two years from today.
Thus
Real value/worth = 0.5 + (0.9 ÷ [1 + 0.12]) + (1.6 ÷ [1 + 0.12]^2)
= 0.5 + 0.803 + 1.275
= 2.578 million
Approximately $2.58million