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kherson [118]
3 years ago
10

Why would a large crop surplus be a problem for farmers? A. Surpluses are destroyed by the government. B. Surpluses drive down p

rices. C. Surpluses drive up prices. D. Surpluses drive up the price of agriculture equipment.
Business
1 answer:
Vladimir79 [104]3 years ago
3 0

Answer:

The answer is b. Surpluses drive down prices

Explanation:

If you have a large volume of crops, it would not drive up the price simply because there is not a lot of demand for the crop. In that sense, both c and d (even though d is relevant to the equipment) are incorrect. If there is a lot of surplus, farmers will have to lower their prices in order to sell it. They lose in profit which is why large crop surplus are a problem for farmers.

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Newton Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,053,000 shares of $10 par common
DedPeter [7]

Answer:

1.  The weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 is 2,654,300 shares.

2. The weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2014 is 4,256,300 shares

3. The weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 is 8,512,600 shares

4. The weighted-average number of common shares to be used in computing earnings per common share for 2015 on the 2015 is 9,580,600 shares.

Explanation:

1. To calculate the weighted-average number of common shares used in computing earnings per common share for 2013 on the 2014 comparative income statement we would have to ake the following calculation:

Jan1.2013-Sep30.2013(2,413,000*9/12)=1,809,750

retroactive adjustment for stock dividend ×1.10

Jan1.2013-Sep30.2013 adjusted= 1,990,725

Oct.2013-Dec31.2013(2,654,300*3/12)= 663,575

Therefore, the weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 is 2,654,300 shares.

2. To calculate the weighted-average number of common shares used in computing earnings per common share for 2014 on the 2014 comparative income statement we would have to make the following calculation:

Jan1.2014 -Mar31.2014(2654300*3/12) 663575

April1.2014 -Dec31.2014 (4790300*9/12) 3592725

Therefore, the weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2014 is 4,256,300 shares

3. To calculate the weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 comparative income statement we would have to make the following calculation:

2014 weighted average no of shares 4256300

Retroactive adjustment for stock split ×2 =8512600

Therefore, the weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 is 8,512,600 shares

4.  To calculate the weighted-average number of common shares to be used in computing earnings per common share for 2015 on the 2015 comparative income statement we would have to make the following calculation:

Jan1.2015-Mar31.2015 (4790300*3/12)=1197575

Retroactive adjustment for stock split ×2

Jan1-Mar31.2015 adjusted. 2395150

Mar1.-Dec31.2015 (9580600*9/12)= 7185450

Therefore, the weighted-average number of common shares to be used in computing earnings per common share for 2015 on the 2015 is 9,580,600 shares.

8 0
3 years ago
Bristo Corporation has sales of 2,080 units at $50 per unit. Variable expenses are 25% of the selling price. If total fixed expe
Mumz [18]

Answer:

Degree of operating leverage = 7.8

Explanation:

given data

sales = 2,080 units

per unit price  = $50

Variable expenses = 25%

total fixed expenses = $68,000

solution

we get here Degree of operating leverage that is express as

Degree of operating leverage = Sales - variable cost ÷ (sales - variable cost - fixed cost)   .......................1

here

Sales = 2080 × 50  = 104000

and

Variable cost = 104000  × 25%  = 26000

so now put value in equation 1 we get

Degree of operating leverage = \frac{104000-26000}{104000-26000-68000}  

Degree of operating leverage = 7.8

3 0
3 years ago
If closing costs of $1,400 are associated with the refinance of reduce the monthly payment fro m $980 to $870 refinance, it woul
Anna71 [15]

Answer:

time take = 13 months

so correct option is C.)13

Explanation:

given data

closing costs = $1,400

monthly payment reduce = $980 to $870

to find out

Time to cover cost

solution

we know here monthly payments after reduction will be

monthly payments = $980 - $870

monthly payments = $110

so

time taken is = \frac{closing\ costs}{monthly\ payments}  .........1

time taken is = \frac{1400}{110}

time take is = 12.727273

time take = 13 months

so correct option is C.)13

8 0
3 years ago
Financial functions format calculated values as currency, with _______. Question 3 options: a) positive cash flow appearing in r
Vlada [557]

Answer:

d) negative cash flow appearing in red font.

Explanation:

Colour coding is a type of excel formatting for financial modelling.

Color coding allows anyone to immediately pick up your model and know what can be changed (assumptions) and what should not be altered (formulas).

Example:

negative cash flow (Cash outflow) of the company appears in red font while positive cash flow (Cash inflow) of the company appears in green font.

3 0
3 years ago
The Nearside Co. just paid a dividend of $1.20 per share on its stock. The dividends are expected to grow at a constant rate of
timurjin [86]

Answer:

$20.80 and $29.61

Explanation:

The computations are shown below:

Current price is

= Next year dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $1.20 + $1.20 × 4%

= $1.20 + $0.048

= $1.248

So, the current price is

= $1.248 ÷ (10% - 4%)

= $20.80

Now the price in 10 years is

= Next year dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $1.20 × 1.04^10

= $1.20 × 1.4802442849

= $1.7762931419

So, the price in 10 years is

= $1.7762931419  ÷ (10% - 4%)

= $29.61

4 0
2 years ago
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