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3 years ago

HELP, ACCOUNTING

1 answer:

7 0

The answer is Letter D - there's a capital for all partners.

A statement of partner's equity shows a column for the capital of each partner and another column for the total capital of the company while in the statement of owner's equity only one column is needed since the company is owned by only one person.

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Larry is a hard-working college freshman. One Saturday, he decides to work nonstop until he has answered 200 practice problems f

OverLord2011 [107]

Answer:

The marginal gain from Larry's second hour of work is 60 problems

The marginal gain from Larry's fourth hour of work is 20 problems

The best combination is 1 hour of working problems + 3 hours of reading

Explanation:

To get the marginal gain we subtract from the latest hour, in this case the second hour (140), the production from the previous hour (80). 140-80=60. It's always the same, the latest minus the previous one.

So let's do the same for the fourth hour:

Noon................200 problems

minus

11:00 AM..........180 problems

200-180= 20 problems

Now to know how many hours he should spend working on problems and reading, let's compare:

An hour of reading equals to 70 problems made; (because working on 70 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour).

hours of working problems problems solved

0............................................................0

1.............................................................80

2............................................................140

3............................................................180

hours reading problems equivalent to hours read

4...............................................(4*70)=280

3...............................................(3*70)=210

2...............................................(2*70)=140

1................................................(1*70)=70

finally let's add up the two combinations (0 and 4, 1 and 3, 2 and 2, 3 and 1)

0 and 4_______________0+280= 280

1 and 3________________80+210=290

2 and 2_______________140+140=280

3 and 1________________180+70=250

And the best combination is 1 hour of working problems + 3 hours of reading=290

3 0

3 years ago

The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a comp

german

The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer falling and the quantity increasing.

Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.

3 0

3 years ago

Read 2 more answers

Which of the following is considered to be an accrued expense?

scoundrel [369]

Answer:

B. a computer technician has installed the latest software updates, but you have not received an invoice or made payment

Explanation:

An accrued expense arises when a service has been rendered to an individual or organisation but to which the recipient of the service has not made payment for the service. The expense will be recognized in the period in which the service is rendered. In this scenario, the technician has rendered a service by installing software updates but the organisation has not made payment for the service provided. This represents an accrued expense.

8 0

3 years ago

Net operating income computed under variable costing would exceed net operating income computed using absorption costing if: Mul

klasskru [66]

Answer:

Units sold exceeds units produced

Explanation:

The net operating income under variable costing system is always higher than absorption costing system when units sold exceeds units produced. As variable cost doesn't include fixed manufacturing overhead unlike absorption costing, when the net operating income under it now exceed that of absorption, it's definitely am increase in sales that's responsible for that.

8 0

3 years ago

Use the chart to answer the questions. Year Potential GDP Real GDP 2017 $18.17 trillion $18.05 trillion 2018 $18.51 trillion $18

sineoko [7]

Answer:

a. Output gap for 2017 = –0.66%

b. Output gap for 2018 = 0.27%

c. From 2017 to 2018, the output gap became more positive.

Explanation:

The following are given in the question:

Year Potential GDP Real GDP

2017 $18.17 trillion $18.05 trillion

2018 $18.51 trillion $18.56 trillion

To calculate output gap in percentage form, the following formula is used:

Output gap = ((Real GDP - Potential GDP) / Potential GDP) * 100 ......... (1)

Therefore, we have:

a. Calculate the output gap for 2017. %

Using equation (1), we have:

Output gap for 2017 = ((18.05 - 18.17) / 18.17) * 100 = –0.66%

b. Calculate the output gap for 2018. %

Using equation (1), we have:

Output gap for 2018 = ((18.56 - 18.51) / 18.51) * 100 = 0.27%

c. From 2017 to 2018, the output gap became more .

Since the output gap in 2017 is negative while the output gap in 2018 is positive; this implies that from 2017 to 2018, the output gap became more positive.

8 0

3 years ago

﻿HELP, ACCOUNTING﻿

HELP, ACCOUNTING