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3 years ago

I haven't studied accounting in a well can some one please help me?

1 answer:

3 0

Bad debt expenses 800
Allowance for doubtful account 800

Allowance for doubtful accounts 60
Accounts receivable 60

Allowance for doubtful accounts 75
Accounts receivable 75

Accounts receivable 45
Allowance for doubtful accounts 45

Allowance for doubtful accounts 100
Accounts receivable 100

Accounts receivable 25
Allowance for doubtful accounts 25

Hope it helps!

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What happens if there is zero inflation and no standard cost of living?

8_murik_8 [283]

This means that money is never circulated

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3 years ago

Ralph is leasing a $32,000 car for 36 months. The terms of his lease include an 8. 5% interest rate (money factor of 0. 00354) a

Ainat [17]

The correct statement will be that the monthly lease payments that Ralph will have to make to lease such a car will be $362.17. So, the correct option that matches the statement is not quoted above.

The calculation of monthly lease payment can be done by deduction of residual value and dividing such value by number of months.

<h3>Calculation of monthly lease payments</h3>

The residual value can be calculated by using the formula by applying the given information,

$\rm Residual\ Value= Original\ Value\ x\ \% of Residual\ Value\\\\\rm Residual\ Value=32000\ x\ 72\%\\\\\rm Residual\ Value=\$23040$

So, depreciation of the car after three years will be $8960.

Interest payment per month will be calculated as,

$\rm Monthly\ Interest= Car\ Value\ x\ Money\ factor\\\\\rm Monthly\ Interest=32000\ x\ 0.00354\\\\\rm Monthly\ Interest=113.28$

And the payment towards actual lease would be,

$\rm Actual\ Payment= \dfrac{Depreciation}{no.\ of\ Months}\\\\\rm Actual\ Payment= \dfrac{8960}{36}\\\\\rm Actual\ Payment= \$248.89$

So, total monthly payment towards leasing such car will be,

$\rm Total\ Payment= Actual\ Payment+ Interest\ Payment\\\\\rm Total\ Payment=248.89+113.28\\\\\rm Total\ Payment=\$362.17$

Hence, the correct statement is that the monthly payment towards the lease of car by Ralph will be $362.17 and none of the options given is correct.

Learn more about <u>Monthly Lease </u>here:

brainly.com/question/1856464

7 0

2 years ago

A monopolist’s cost function yields constant average and marginal costs, with AC = MC = 5. The firm faces a market demand curve

Nitella [24]

Answer:

a. Marginal Revenue = 5

b. Maximum profit = $144

c. Q optimum = 12 ; P optimum = $17

d. Social cost = $72

Explanation:

Step 1. Given information.

MC=AC=5

P=29-Q

Step 2. Formulas needed to solve the exercise.

Total Revenue=TR=P*Q=(29-Q)*Q=29Q-Q2

Marginal Revenue=dTR/dQ=29-2Q

Step 3. Calculation.

Set MR=MC for profit maximization

29-2Q=5

2Q=29-5

Q=12 -----profit maximizing output

P=29-Q=29-12=$17 -------profit maximizing price

Total Profit=(P-AC)*Q=(17-5)*12=$144 ------Maximum Profit

Lerner's Index=(P-MC)/P=(17-5)/17=0.7059

<h2></h2><h2>TAKE A LOOK TO THE ATTACHED IMAGE</h2>

Profit is shown by rectangular shaded area.

Socially optimal price P=MC=$5 --------Socially optimal price

We know P=29-Q, Set P=5

5=29-Q

Q=24 ---------Socially optimal output

Social Cost is equal to dead weight loss. It is shown by triangular area DWL

Social Cost=1/2*(17-5)*(24-12) =$72

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3 years ago

Discovering the process of distribution of commonly used items is quite interesting and opens eyes to several new processes and

myrzilka [38]

Answer and Explanation:

The distribution of laundry detergent can happen in two ways. The first way, occurs with a distribution of the factory direct to the retailers of a country. These retailers, receive the detergents, store large inventories and send them to smaller stores, within a given region. This type of distribution has a lower economic cost, which causes the detergent to be sold at lower prices.

The second form of distribution occurs with the use of intermediaries between factories and retailers. These intermediaries are the wholesalers, they receive the product from the factories forming large stocks, which will be distributed to retailers, who in turn, will distribute the product to stores. This process makes the product more expensive, making the price higher.

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3 years ago

MArishka [77]

A I believe should be as you would want to show an employer that you are working on your issues

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3 years ago

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