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kiruha [24]
3 years ago
13

Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals

Business
1 answer:
dangina [55]3 years ago
4 0

Answer:

Net cash used in investing activities = ($55,500)

Explanation:

          <u>   Cash flows from Investing activities </u>    

Transaction                                                             Amount

Cash used for purchase of mining equipment    -$68,000

Cash provided from sale of equipment               +$22,000

purchased in c. above

Purchase of company vehicle.                              <u>-$9,500</u>

Net cash used in investing activities                  <u>-$55,500</u>

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Certain industries of the U.S. economy, such as farming and heavy equipment manufacturing, have experienced a significant declin
Zolol [24]

Answer:

B. Workers lost these jobs because technological advances increased productivity.

Explanation:

The employees lost employment due to the increased efficiency of technological progress. By improving the productivity of manufacturing drivers, technological advancement expands an economic limit on the possibility of production, allowing equivalent output to be manufactured with fewer resources or more output to be manufactured with the same quantity of resources. For example a machine component that takes 5 men to lift and 10 to assemble in 5 minutes just takes a single machine that doesn't receive wages apart from lubricant a minute to lift and assemble perfectly. Definitely machines are replacing humans to increase efficiency and productivity. Only few humans are employed to supervise and monitor.

7 0
3 years ago
On January 1, 2021, Pine Corporation signed a five-year noncancelable lease for equipment. The terms of the lease called for Pin
sweet [91]

Answer:

b. 253,589

Explanation:

According to the scenario, computation of the given data are as follows,

Present value of lease payment = $3,335,888

Payment in 2021 = $800,000

Interest rate =   10%

So, we can calculate the interest expense by using following formula,

Interest expense = (Present value of lease payment - Payment in 2021 ) × interest rate

Interest expense = ($3,335,888 - $800,000) × 10%

= $2,535,888 × 10%

= $253,588.8 or $253,589

In 2021, Pine should record interest expense of $253,589

7 0
2 years ago
How do changes in the money supply affect people and businesses?<br><br>(please help! 80)
slega [8]
Increase in money supply will result to result to lower interest rates. These will encourage individuals and business to avail of loans since interest rates are low. However, proper computation must be made in order to determine the level of increase in money supply. Unchecked increase in money supply may result to inflation.

Decrease in money supply will result to higher interest rates. Higher interest rates will encourage individuals or businesses to deposit their money in the banks because their deposits will earned high interests.
6 0
2 years ago
Entonces cualquier pregunta
maxonik [38]
Pero, ¿cuál es tu pregunta?
3 0
3 years ago
Read 2 more answers
Scenario 13-20 suppose that a given firm experiences decreasing marginal product of labor with the addition of each worker regar
Viktor [21]

Answer:

U-shaped

Explanation:

Since the marginal product of labor is decreasing, the average variable costs and marginal costs will be increasing at all points, but the average fixed costs will be decreasing. That is why the average total costs (which includes both variable and fixed costs per unit) will be U-shaped since they will fall at the beginning when the decrease in marginal product of labor is small, bu then will increase as the marginal product of labor falls even more.

7 0
3 years ago
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