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Akimi4 [234]
4 years ago
7

Question is in the picture

Business
1 answer:
olasank [31]4 years ago
6 0

He will mow 2 lawns for a total revenue of $48, with a producer surplus of $8

He will not mow 3 lawns because his price for the 3rd is $28 which is higher than the market rate. Producer surplus is the difference between what they are willing to supply vs how much they actually earn, so there is a $4 difference per each of 2 lawns for a total of $8.

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Prepare a bank reconciliation: ABC Enterprises gathered the following information prior to reconciling their cash balance per bo
lozanna [386]

Answer: ADJUSTED CASH BALANCE PER BOOK as of January 31, 2018 is  A) $7,950

Explanation:

ABC Enterprises reconciled cash balance per books (internal accounting records as of January 31, 2018.

Cash balance as per company book      $7,500

Add:

Notes receivable collected by bank         $1000

Deduct:

NSF check                                                    $500

Bank service charge                                    $50

Adjusted Book Balance                             $7,950

7 0
3 years ago
Dodge, Incorporated acquires 15% of Gates Corporation on January 1, 2011, for $105,000 when the book value of Gates was $600,000
IceJOKER [234]

Answer:

a. $80,000

Explanation:

In this question we are only concerned about the net income reported by Dodge on its income statement.

First we need to calculate ownership % in 2012 = 15% + 25% = 40%

Net income of 2012 (Gates) = $ 200000

hence Dodge will report net income of 40% of 200000 = $80000

Hence the correct answer is A

Note: Dividends will not affect the investors net income but it would reduce the investment value of Gate reported by Dodge (as it is seen as a return on investment)

5 0
3 years ago
1. Sam orders 40 cases of beer from a Dutch distributor at a price of $40 per case. 2. A U.S. company sells 200 transistors to a
yawa3891 [41]

Explanation:

The computation is shown below:

The consumption is

= 40 cases × $40 per case

= $1,600

The import is also same i.e $1,600 because the purchase from Dutch distributor represents the consumption and imports for the United states economy.

Now the exporter is

= 200 transistors × $ 15

= $3,000

Now the net exports is

= Exports - imports

= $3,000 - $1,600

= $1,400

And, the consumption value is $1,100

The total economy consumption is

= $1,600 + $1,100

= $2,700

Now the GDP is

= Consumption + investment + government spending + net exports

= $2,700 + $0 + $0 + $1,400

= $4,100

4 0
3 years ago
Comparative advantage emerges because of the presence of a. trade. b. differing opportunity costs. c. marginal benefits that equ
Firdavs [7]

Answer:

my answer is A-trade bc

is the comparative advantage emerged

6 0
4 years ago
Data on total employment can be a good indicator of whether the economy is currently in a recession. This kind of data is called
Harrizon [31]
<h2>Statistics about "Economic activity".</h2>

Explanation:

Economic indicators as stated in the question is right and I am enriching the definition with few other pointers.

  • Analysis of Economic Performance
  • Future prediction on the Performance
  • Study of "Business cycle"
  • Includes various "surveys of economy", report on earnings, "summary of economy"
  • Help investors
  • Assess about the investment
  • Many indicators: a) Gross Domestic Product

                                     b) Employment indicator

                                     c) Consumer Price index

                                     d) PMI Manufacturing & services

3 0
3 years ago
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