Where can I get help for AS Accounting?

Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure m

hichkok12 [17]

Answer:

The loss of enjoyment people incur when scenic land is converted to commercial use

The variety of goods available to consumers Funds spent by city governments to renovate their buildings

The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government

Explanation:

GDP does not account for off-the-books activities, such as babysitting, which add value to the economy but are not reported to the government. It also doesn't consider the enjoyment households experience as a result of the variety of goods available to consumers. Finally, GDP doesn't take into account the loss of enjoyment people incur when scenic land is converted to commercial use. All of these, though important in measuring the true quality of life within a country, would be far too difficult to measure accurately.

3 0

4 years ago

Simone Company is considering the purchase of a new machine costing $50,000. It is expected to save $9,000 cash per year for 10

max2010maxim [7]

Answer:

At the rate of return of 18%, the purchase of the new machine is not convenient.

Explanation:

Giving the following information:

Simone Company is considering the purchase of a new machine costing $50,000. It is expected to save $9,000 cash per year for 10 years, has an estimated useful life of 10 years, and no salvage value. Management will not make any investment unless at least an 18% rate of return can be earned.

We need to find the net present value using the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

Cf= cash flow

NPV= -50,000 + 9,000/1.18 + 9,000/1.18^2 + 9,000/1.18^3 + ... + 9,000/1.18^10

NPV= -9,553

At the rate of return of 18%, the purchase of the new machine is not convenient. It will produce a loss in value.

4 0

3 years ago

Hawley company makes decorative wedding cakes. The company is considering buying the cakes rather than baking them, which will a

worty [1.4K]

Answer:

1. Continue to Make the Cakes. Because the Cost of Outsourcing is greater that the cost of making by $1,150.

2. C. Qualitative factors include quality and on-time delivery.

Explanation:

<u>Analysis of the Make or Buy Decision</u>

Make Outsource Difference

Cake costs cakes cakes

Variable costs:

Direct materials $550 $0 $550

Direct labor $950 $0 $950

Variable manufacturing overhead $150 $0 $150

Fixed manufacturing overhead $1,125 $1,125 $0

Purchase cost $0 $2,800 ($2,800)

Total differential cost of cakes $2,275 $3,925 ($1,150)

<u>Qualitative Factors.</u>

Are non-monetary factors that need to be considered in decision making.

8 0

3 years ago

Which of the following is true? A Debit cards offer the highest level of fraud protection. B Checks are the most widely accepted

kozerog [31]

The answer is C. You withdraw money from a bank account while using them.

8 0

3 years ago

Read 2 more answers

Jill's coworkers describe her decision-making approach as satisficing, meaning that she:_____________

IrinaVladis [17]

Answer: E. Searches for and chooses acceptable solutions rather than trying to make the optimal decision.

Explanation:

Management workers who are at the top of decisions in most firms and want to just satisfactory results won't really put in much effort in going the extra mile with optimal decision's. Jill is satisfactory with a normal result hence would see no need in seeking complex of much more taksing solutions.

5 0

3 years ago