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Pachacha [2.7K]
3 years ago
11

There were 100 new cases of syphilis last year in a given population of 100,000 people. at that time, 500 people in this populat

ion already had syphilis. the incidence of syphilis in this population is __________.
Business
1 answer:
Fynjy0 [20]3 years ago
3 0
Found these choices:
<span>100 per 100,000
500 per 100,000
1,000 per 100,000
5,000 per 100,000
</span>
The incidence of syphilis in this population is 100 per 100,000.

This means that there are  500,000 people in the population and 500 of them are with syphilis.
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The following information concerns the intangible assets of Epstein Corporation: On June 30, 2021, Epstein completed the acquisi
Fittoniya [83]

Answers:

a. Acquisition of cost of corporation =         $2,420,000

Less: Fair value of net identifiable assets = $<u>2,050,000</u>

Cost of good will =                                          $370,000

Note: Goods will is not amortized

b. Cost of patent purchase = $91,200

Legal life = 13 years

Estimated useful life= 8 years

Ammortization = Cost / Estimated useful life

= $91,200/8 years

=$11,400

Ammortization per annum is $11,400

Patent is purchased on 30/6/2021

Calculation of amortization for 6 months periods

Amortization for 6 months (July-December)= $11,400 * 6/12

=$5,700

Note: Amortization should be amortized on basis of their amortized value that is, 8 years.

c. Calculation of amortization cost for franchise

Cost = $250,800

Life=11

Purchased on 1/10/2021

Amortization = Cost / Estimated useful life

= $250,080/11

=$22,800

Amortization per annum is $22,800

Calculation of the amortization for 3 month period=

Amortization of 3 month (Oct-Dec.) = $22,800 * 3/12

=$5,700

d,       Journal Entries            Debit$      Credit$

Amortization Expenses       5,700

Patent                                                   5,700

(To record the amortization expenses)

Amortization Expenses       5,700

Franchise                                                5,700

(To record the amortization expenses)

e.                             Partial  Balance Sheet

Assets                                                   $                $

Current Assets

<u>Long term Assets</u>

Tangible assets                                               2,050,000  

<u>Intangible assets</u>

Goodwill                                                           370,000          

Patent                                                91,200

Less: Accumulated Depreciation    <u>11,400 </u>      79,800

Franchise                                         250,800

Less: Accumulated Depreciation   <u>22,800</u>     228,000

6 0
3 years ago
A Boston Hallmark store is preparing a budget for the next year and needs to forecast sales. The store notices variation in sale
Alex73 [517]

The correct answer is A) Seasonality.

A Boston Hallmark store is preparing a budget for the next year and needs to forecast sales. The store notices variation in sales around holidays. The pattern that describes the data to be forecasted is "Seasonality."

This sales term means that during a specific season, the volume of sales increases due to the high demand on the part of the consumers. In this case, when Christmas comes, the Boston store has data that proves that there is a considerable positive variation during the Christmas season and that is why this variation must be included in the budget and the forecasting of sales in that season.

6 0
4 years ago
Read 2 more answers
Which of the following is an example of a market expansion growth opportunity? Group of answer choices Opening new stores in new
xxMikexx [17]

Answer:

Option A Opening new stores in new geographic markets

Explanation:

The reason is that market expansion is entering into a new market because the company feels that the revenues in the present market does not reflect any growth or in other words the market is saturated, now the company expands its operations in a new geographical area which is a new market to the company with the same product. So in this scenario, the opening new stores in new geographical market is expansion of operations of company because company feels that the current market is saturated and that the current market at maturity so we must move to a new market.

8 0
4 years ago
(Last Word) Fixed costs for a firm are analogous to: Group of answer choices starting out in a hole that represents economic los
IRISSAK [1]

Answer:

starting out in a hole that represents economic losses if the firm produces nothing.

Explanation:

Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

Fixed costs can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Thus, they are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Some examples of fixed costs in business are loan payments, employee salary, depreciation, marketing costs, rent, insurance, lease, utilities, administrative cost, research and development costs, etc.

Furthermore, fixed costs may be relevant in a decision because it affects the amount of future cash-flow of a business entity.

Hence, the fixed costs for a firm are analogous to starting out in a hole that represents economic losses if the firm produces nothing. This simply means that, the firm is only using it money to fund the all of the necessary items or utilities required for the operation of its business but do not produce any goods or services. Simply stated, the firm is not generating any revenue as its produces nothing.

3 0
3 years ago
The measure used to report price changes at the wholesale level is the:
ivanzaharov [21]

The measure used to report price changes at the wholesale level is the <u>"Producer Price Index (PPI)".</u>


The producer price index (PPI) is a group of indexes that estimates the normal change in offering costs gotten by household makers of merchandise and enterprises after some time. The PPI estimates value changes from the point of view of the seller and varies from the buyer value record (CPI), which estimates value changes from the buyer's viewpoint. The PPI thinks about three regions of generation: industry-based, product based and item based last interest transitional interest. It was known as the discount value file, or WPI, until 1978.  

5 0
3 years ago
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