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3 years ago

Define �cost� as applied to the valuation of inventories.

1 answer:

3 0

Cost is the primary basis for accounting for inventories. Sum of the expenses and charges incurred in bringing an item to it's existing condition and location.

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Countries establish internal economic zones in order to limit foreign investment. make solving disputes easier. have fewer econo

tigry1 [53]

Answer:

C) have fewer economic restrictions

Explanation:

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3 years ago

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Which one of the following statements about book value per share is most correct? Market price per common share usually approxim

Rom4ik [11]

Answer:

Book value per common share is the amount that would be paid to stockholders if the company was sold to another company.

Explanation:

Book value per common share is a process by which the per-share value of the company is calculated. The calculation is done based on the common equity of the shareholders of the company. In case when the company dissolves, the book value per common share helps in the calculation of the value of the assets left for the shareholders after the payment of the debtors and after the liquidation of the assets.

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2 years ago

A<br> Advantages of Product Added Mothed<br> Accounting<br> in National income

Ganezh [65]

It is determined by subtracting the value of the output from the value of the intermediate goods. As double counting, a severe mistake when estimating national income, is concerned, the value-added approach is a widely utilized method for computing national revenue.

A mistake known as double counting in accounting occurs when a transaction is counted more than once for any reason. But when an attempt is made to quantify the new value produced by Gross Output or the value of all investments, it also alludes to a conceptual issue in social accounting practice.

A mistake known as double counting in accounting occurs when a transaction is counted more than once for any reason. But when an attempt is made to quantify the new value produced by Gross Output or the value of all investments, it also alludes to a conceptual issue in social accounting practice.

Learn more about double counting here

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1 year ago

Calculate the total productivity measure for this company for both years. ( Round your answer to 2 decimal places.) Calculate th

umka2103 [35]

Answer:

Explanation:

As the question was missing data, I have done a quick google search and found the question which I am uploading it here as an image.

Labor Input = $30,100

Raw Materials Input = $35,100

Energy Input = $5010

Capital Input = $50,010

Other Input = $2010

Sales Output = $200,100

Labor Input = $40,100

Raw Materials Input = $45,100

Energy Input = $6050

Capital Input = $49,750

Other Input = $2875

Sales Output = $202,100

<h2>FORMULA:</h2>

Productivity = Output / Input

<h2>CALCULATION:</h2>

Total Input of Last Year =

$ (30,100 + 35,100 + 5010 + 50,010 + 2010) = $122,230

Total Input of This Year =

$ (40,100 + 45,100 + 6050 + 49,750 + 2875) = $143,875

<h3>TOTAL PRODUCTIVITY:</h3><h3 />

Last Year This Year

Output in ($) $200100 $202100

Input in ($) $122230 $143875

Total Productivity 200100 / 122230 = 1.64 202100 / 143875 = 1.40

<h3></h3><h3>PARTIAL PRODUCTIVITY:</h3><h3></h3><h3>Last Year:</h3>

Partial Productivity Labor = 200100 / 30100 = 6.65

Partial Productivity Capital = 200100 / 50010 = 4.00

Partial Productivity Raw Materials = 200100 / 35100 = 5.70

Partial Productivity Labor = 202100 / 40100 = 5.04

Partial Productivity Capital = 202100 / 49750 = 4.06

Partial Productivity Raw Materials = 202100 / 45100 = 4.48

3 0

3 years ago

An excise tax of $2 is placed on a jar of Honey. Honey producers end up bearing only $0.40 of the tax. The demand curve for hone

saw5 [17]

Answer:

The correct answer is option c.

Explanation:

If the demand for a product is elastic the tax burden will be borne by the producer. This is because elastic demand means that an increase in the price will lead to a more than proportionate reduction in the quantity demanded. So with the imposition of a tax, the sellers will not increase the price as it is likely to reduce demand.

If the demand is inelastic, it means that an increase in price will lead to less than a proportionate decrease in the demand. In this situation, after the imposition of tax, the tax burden can be shared between producer and buyer.

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3 years ago