Answer:
a. Ted gets the hut; Sadie gets the rest.
Explanation:
Since Ted placed a much more higher priority on the hut by assigning it 35 points more than all other items, and Sadie placed a very low priority on the hut by assigning it 10 points when compared to all other items, it shows Ted is ready to let go of other items just to have the hut, and Sadie is ready to let go of the hut to have the other item. Hence, the "Ted gets the hut, Sadie gets the rest" splits is efficient.
Answer:
20%
Explanation:
Gross profit is the net of sales and cost of sales. Gross Profit percentage is the ratio of gross profit to sales expressed as percentage.
Product Units Produced Final Sales Value per Unit Separate Costs
A 10,000 $25 $125,000
B 15,000 $30 $250,000
C <u> 12,500 </u> <u> $24 </u> <u> $125,000</u>
Total 37,500 $500,000
Sales Value
A (10,000 x $25) $250,000
B (15,000 x $30) $450,000
C (12,500 x $24) <u>$300,000</u>
Total Sales Value $1,000,000
Less
Joint Cost ($300,000)
Separable cost <u>($500,000)</u>
Gross Profit $200,000
Gross Profit Percentage = ( $200,000 / $1,000,000 ) x 100 = 20%
Answer:
c. 0.25
Explanation:
Cross-price elasticity = [(Q2-Q1/)((Q1-Q2)/2) * 100] / [(P2-P1/)((P1-P2)/2) * 100]
Cross-price elasticity = [(65-55)/((65+55)/2)*100] / [(2-1)/((1+2)/2)*100]
Cross-price elasticity = 16.6667/66.6667
Cross-price elasticity = 0.25000037
Cross-price elasticity = 0.25
Answer and Explanation:
As we know that
The assets, expenses contains debit balance while the liabilities, revenues and stockholder equity contains credit balance
So based on this, the classifications are as follows
Particulars Type of account Normal balance Debit or credit Reason
a. Land Asset debit debit resources on the owners hand
b. Cash Asset debit debit resources on the owners hand
c. Legal Expense = expense debit debit consumption of cost
d. Accounts Receivable Asset debit debit resources on the owners hand
e. Dividends = Equity debit debit distribution made to owners
g. Notes Payable = Liability credit credit obligation made to creditors
h. Common Stock = Equity credit credit investment done by the owners
Answer: They are personal consumption, business investment, government spending, and net exports.
Explanation:
