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KATRIN_1 [288]
3 years ago
7

Last year Art charged $5,880,000 Depreciation on the Income Statement of Andrews. If early this year Art purchased a new depreci

able asset, the effect on Andrews's financial statements would be (all other items remaining equal):
Business
1 answer:
Elan Coil [88]3 years ago
7 0

Answer:

Increase Net Cash from operations

Explanation:

Depreciation is an element for Non-Cash. This is, there is no cash payment involved. If depreciation is an allowable expense then it reduces the company's tax burden. In other words, by paying depreciation as allowance cost the corporation can save the tax amount. The depreciation thus raises Net Cash From Service.

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Joan grows pumpkins. If Joan plants no seeds on her farm, she gets no harvest. If she plants 1 bag of seeds, she gets 500 pumpki
valkas [14]

Answer: Option (B) is correct.

Explanation:

Correct option: Decreasing marginal product.

Marginal product is the change in the level of output, when there will be an extra input employed in the production of a certain commodity.

So, Marginal Product = \frac{change\ in\ Q}{Change\ in\ I}

Where,

Q = Output

I = Input

Marginal product of 1st bag = 500

Marginal product of 2nd bag =  \frac{800-500}{2-1} = 300

Marginal product of 3rd bag =  \frac{900-800}{3-2} = 100

∴ From the above calculations, we can seen that as we employed one more bag of seeds as a result marginal product goes on diminishing.

Hence, Joan's production function exhibits decreasing marginal product.

3 0
3 years ago
Zohrina is a top manager at her current company. However, she is leaving the company for a better job at a competing firm. Which
alexgriva [62]

Answer:

Voluntary Turnover

Explanation:

The kind of turnover that is represented in this scenario is <u>voluntary turnover</u>. Voluntary turnover is a kind of turnover that transpires when employees freely want to leave their jobs. Employees might want to depart their works for an assortment of purposes. They may feel disappointed with their job or their payment either they may be exploring a profession change rather they may have acquired different offers.

8 0
3 years ago
PB8.
Maurinko [17]

Answer:

Products         Selling price   Unit variable cost

                                $                       $

Junior                     50                      15

Adult                       75                      25

Expert                     <u>110 </u>                   <u> 60</u>

Total                      <u> 235 </u>                  <u> 100</u>

The sales price per composite unit = $235

The contribution margin per composite unit

= Composite selling price - Composite unit variable cost  

= $235 - $100

= $135

Break-even point in units

= <u>Fixed cost</u>

  Contribution per unit

= <u>$114,750</u>

  $135

= 850 units

Break-even point in dollars

= Break-even point in units x Composite selling price

= 850 units x $235

= $199,750

                     Income Statement    

                                                               $

Total contribution ($135 x 850 units)   114,750

Less: Fixed cost                                     <u>114,750</u>

Net profit                                                   <u> 0</u>

                                                                                                                                                                             

Explanation:

Sales price per composite unit is the aggregate of all the selling prices.

Contribution margin per composite unit equals composite selling price minus composite unit variable cost.

Break-even point in units is fixed cost divided per composite contribution margin per unit.

Break-even point in dollars equal break-even point in units multiplied by selling price.

Income statement is prepared by deducting the total fixed cost from the total contribution.

4 0
3 years ago
The average ticket price for a concert at the opera house was ​$50. The average attendance was 2500. When the ticket price was r
Ber [7]

Answer:

The price per ticket should be $37.5

Explanation:

First we need to determine the change in demand (attendance) as a result of every $1 increase in the price of ticket.

The ticket price increased by $4 (from 50 to 54) and the demand fell by 400 (from 2500 to 2100). The change per dollar is,  400 / 4 = 100.

So, for every $1 increase in price, demand falls by 100.

The revenue is calculated by multiplying price by quantity demanded. Revenue equation will be,

Let x be the change in price from $50.

Revenue = (50 + x)  * (2500 - 100x)

Revenue = 125000 - 5000x + 2500x - 100x²

Revenue = 125000 - 2500x - 100x²

To calculate the price that maximizes the revenue, we need to take the derivative of this equation.

d/dx = 0 - 1 * 2500x° - 2 * 100x

0 = -2500  -  200x

2500 = -200x

2500 / -200 = x

-12.5 = x

Price should be 50 - 12.5 = 37.5

At price $37.5 the revenue of the Opera House is maximized.

6 0
3 years ago
You are consulting for a natural food products distributor who is interested in determining the benefits it could achieve from i
antiseptic1488 [7]

The first advised will be to carry our a survey that will show peoples opinion.

<h3>What is the importance of consulting?</h3>

Consultancy involves asking important question and guidelines form an expert.

It is done in achieving success in a particular project or Job.

The first step will be to run a survey on the adoption of the new technology.

Therefore, The first advised will be to carry our a survey that will show peoples opinion.

Learn more on survey below

brainly.com/question/196770

#SPJ1

5 0
2 years ago
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