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Stella [2.4K]
3 years ago
11

the loss of producer surplus associated with some sellers dropping out of the market as a result of the tax is

Business
1 answer:
san4es73 [151]3 years ago
6 0

Answer:

$60

Explanation:

According to information on your question. We are to note that an absence or reduction of suppliers could lead to lower supply.

As in this case, the producer supply loss of $60 was incurred as some sellers dropped out of the market as a result of the tax.

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When the allowance method is used to account for uncollectible accounts, Bad Debts Expense is debited when A. a customer’s accou
MaRussiya [10]

Answer:

Option D. management estimates the amount of uncollectibles

Explanation:

When the company estimates the bad debts, reflects it in the balance sheet through a Debit entry in the Bad Debt Expenses againts the asset account Allowance for Doubtful Accounts as a Credit.

When the bad debt are confirm as uncollectible the loss is reflected in the Account Receivable as a Credit with the correspondent debit entry in the Allowance for Doubtful Accounts.    

7 0
3 years ago
In this module, we say a "good" money burn means you have spent money wisely. A "bad" money burn means you have spent money you
LekaFEV [45]

Answer:

D. You shop around and buy a pair of the exact same designer jeans at a thrift shop, and they cost virtually nothing.

Explanation:

Good money burn refers to the effective use of money, rather than just spending it on some useless stuff.

Here in the given instance the following is the explanation for the given instance:

Option A states that the jeans is just bought for completing the desire, it does not have any difference in the product even if the product can be bought on sale after some days.

Option B is still better than the first day.

Further in option c buying the jeans without any label might not be a good decision as it might have poor quality.

Option D is the best as it is the same jeans but at the least possible cost.

6 0
3 years ago
Ryan is a 25% partner in the rocc partnership. at the beginning of the tax year, ryan's basis in the partnership interest was $9
maw [93]
Your answer is going to be, $115,000
6 0
3 years ago
The goal of this exercise is to demonstrate your understanding of the total logistic cost factors, which are expenses to be mini
brilliants [131]

Answer and Explanation:

Stockouts logistics cost factor-

Safeway,

Kmart

Transportation logistics cost factor-

Hyundai,

Ford

Inventory logistics cost factor-

Toyota,

Frito Lay

Return goods handling logistics cost factor-

Phillips,

Costco

Warehousing and materials handling logistics cost factor -

Coca Cola,

Walgreens

Order processing logistics cost factor-

SC Johnson,

Chrysler

logistics cost factors are cost factors associated with logistics ( concerned with acquisition, storage and transportation ofresources) based on the kind of business or kind of products or services a company is into. From the above we see that logistics cost factors vary as the companies are into different products or services and industries and therefore face different logistics costs associated with their production and or delivery. Every company aims to achieve logistics efficiency through minimizing costs associated with their logistics costs factors example Hyundai with transportation logistics cost factors would aim to reduce it's logistics cost factors and maximise profits by its locating it's manufacturing plant close to where it imports parts for it's vehicle manufacturing so as to reduce cost of transporting vehicle parts to manufacturing plant

7 0
3 years ago
James owns two houses. He rents one house to the Johnson family for $10,000 per year. He lives in the other house. If he were to
boyakko [2]

Answer:

The total contribution to GDP is $22000.

Explanation:

Two houses contribute to GDP = $10000 + $12000

=  $22000 per year.

The GDP refers to the total expenditure on the goods and services produced. Moreover, rent is also included in GDP calculation. Thus the total contribution of two houses to GDP is $22000.

5 0
3 years ago
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