All categories

3 years ago

PRODUCT POSSIBILITIES QUESTION 20 point

Business

2 answers:

Nina [5.8K]3 years ago

5 0

The answer is all but D.
the company cannot produce a combination of x,y when the plot is outside the line

RSB [31]3 years ago

5 0

It would be D, because it is completely off the x & y graph where there is no possible product output. Hope this helps

You might be interested in

Smiley Corporation sold equipment costing with of accumulated depreciation for cash. Which of the following journal entries shou

Pani-rosa [81]

The question is incomplete as the figures are missing. The complete question is,

Smiley Corporation sold equipment costing $72, 000 with $66, 000 of accumulated depreciation for $10, 000 cash. Which of the following journal entries should be prepared?

A. debit Cash for $10, 000, credit Equipment for $6000 and credit Gain on Sale of Equipment for $4000

B. debit Cash for $10, 000, debit Accumulated Depreciation - Equipment for $66, 000, credit Equipment for $72000 and credit Gain on Sale of Equipment for $4000

C. debit Cash for $10, 000 and credit Gain on Sale of Equipment for $10, 000

D. debit Accumulated Depreciation - Equipment for $66, 000 and credit Equipment for $66, 000

Answer:

Option B is the correct answer.

Explanation:

To calculate the gain or loss on disposal of the equipment, we first need to determine the book value of the equipment on the date of sale.

Net Book Value = Cost - Accumulated depreciation

Net Book value = 72000 - 66000 = $6000

The gain/(loss) on disposal = Sales Proceeds - Net Book value

The gain/(loss) on disposal = 10000 - 6000 = $4000 Gain

The entry to record this transaction will be,

Cash $10000 Dr

Accumulated depreciation - Equipment $66000 Dr

Equipment $72000 Cr

Gain on sale-Equipment $4000 Cr

6 0

3 years ago

"An investment advisor has recommended a $50,000 portfolio containing assets R, J, and K; $25,000 will be invested in asset R, w

lesantik [10]

Answer:

The expected annual return of Portfolio is 12.00%

Explanation:

The portfolio return is calculated by multiplying the individual security return with weight of individual security in the portfolio. We have three securities R, J and K with expected return on 12%, 18% and 8% with weight of 50%, 20% and 30%. Through multiplying them we get individual return of security that is 6%, 3.6% and 2.4%. The weighted average portfolio return is 12%

8 0

3 years ago

Suppose that you only have liability and collision car insurance and you allow your roommate(who doesn’t have car insurance) to

tatuchka [14]

The accident would likely be covered under the collision insurance, which covers the policyholder's car when it collides with another car or an object (in this case it would be an object since it was a single-vehicle accident.

If you only had liability coverage, the damage would likely not be covered because liability insurance only covers the damage caused to the other person and their car, not you or your car.

This will also be added to your insurance record even though you weren't the one driving because it was your vehicle and your policy.

6 0

3 years ago

Esther will be helping Heather with her firm's billing but heather doesn't want Esther to have access to her firm's settings or

mezya [45]

The correct settings of the Quickbook is illustrated in C.

QuickBooks is an accounting software that's used by businesses for payments, payroll functions, etc.

From the information given, Heather doesn't want Esther to have access to her firm's settings or her clients' Quickbooks Online companies, therefore the best option will be to set the access to custom.

By setting the access to custom, Esther won't be able to have access to the settings. On the other hand, if the access was set to basic just like in the second option, Esther will have access. Also, it's important to set <u><em>"manage your clients</em></u>" to No when Esther will be in charge.

Read related link on:

brainly.com/question/25051354

4 0

3 years ago

Carmen contracted with miles, who agreed to replace the carpets in her house. a clause in the contract provides that the only re

kondaur [170]

The type of provision that has been contracted is a limitation of liability clause. This provision enables the an agreement of which when a party has caused a damage, he or she will need to comply. In order to replace or pay with the damage that has been done. In the statement above, this provision is what it describes.

7 0

3 years ago