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2 years ago

Which financial statement is prepared first?

2 answers:

5 0

I think the answer is C because you have to know how much someone's income is in order to make a statement of an owner's equity

ddd [48]2 years ago

3 0

C because you have to know how much you make coming in so they can see where you're at

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Meteor Tie Company produces ties from fabric according to Q = 10 + 4 F – (1/3) F 3. If fabric is free and ties sell for $20, wha

Leya [2.2K]

Answer:

The optimal usage of fabric = 2

Explanation:

Given the quantity, Q = 10 + 4F - (1/3) F^3

Selling price = $20

Profit = TR - TC

There is no variable cost and let the fixed cost is constant G.

Profit = PQ - G

Profit = 20(10 + 4F − (1/3)F^3)) - G = 0

Now take the first order derivative:

d(profit) / dF = 0

20(4 - F^2) = 0

F = 2

Therefore the optimal usage of fabric = 2

8 0

2 years ago

Hiring employees from outside the host country is an option many companies take when the local labor market does not offer enoug

Alinara [238K]

Answer:

True

Explanation:

Some countries are known to have people with special skills and competences that may not be available to others.

Hence where a company sees that the skills and competence required may not be adequately available in the local market, the company has the option of hiring employees from outside the country.

This may however be at a cost higher than the cost that would have been incurred if the company had hired the employee from the host country.

6 0

2 years ago

Mills Corporation acquired as an investment $225 million of 8% bonds, dated July 1, on July 1, 2021. Company management is holdi

Sholpan [36]

Answer:

Please see solution below.

Explanation:

July 1, 2021

Dr Investment in bonds $225,000,000

Dr Premium on investment in bonds $25,000,000

Cr Cash $250,000,000

December 31, 2021

Dr Cash $18,000,000

Cr Interest revenue $15,000,000

Cr Premium on investments in bonds

$3,000,000

Investment in bonds. $225,000,000

Premium on investment in bonds $22,000,000

January 2, 2022

Dr. Cash $266,000,000

Cr Investment in bonds $225,000,000

Cr Premium on investment in bonds $22,000,000

Cr Gain on sale of investments $19,000,000

Workings:

Effective interest rate on first coupon received = [ $225,000,000 × 8%] - [ $250,000,000 × 6%]

= $18,000,000 - $15,000,000

= $3,000,000

Premium on investment in bonds = $25,000,000 - $3,000,000

= $22,000,000

8 0

2 years ago

Private markets fail to account for externalities because.

Natalka [10]

Answer: Because <u>decision makers in the market fail to include the costs of their behavior to third parties.</u>

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Hope this helps!

4 0

1 year ago

A catalog retailer has identified african-american professionals between the ages of thirty-five and forty-five as the group of

STALIN [3.7K]

The retailer has identified a TARGET MARKET.

5 0

2 years ago