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3 years ago

Why is it easier to quantify paid work done outside the home over unpaid housework and childcare?

1 answer:

6 0

<span>It is easier to quantify paid work done outside the home over unpaid housework and childcare because traditional means of tracking economic activity, such as the gross domestic product (GDP) can be used. Housework on the other hand is not easily measurable because the traditional means of tracking economic activity do not take account of non-exchange, non-market household activity. </span>

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The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic l

k0ka [10]

Answer:

The price of fertilizer must be greater than average variable cost.

Explanation:

Being a perfectly competitive market the prices of the fertilizers will rise. As the forms are making economic losses the prices must be greater the average variable costs.

8 0

3 years ago

In March, Stinson Company completes Jobs 10 and 11.

mario62 [17]

Answer:

The journal entries are as follows:

(i) On March 31,

Finished Goods A/c Dr. $56,400

To Work in Process $56,400

(To record the completion of the two jobs)

(ii) On March 31,

Cash A/c Dr. $38,000

To sales $38,000

(To record the sale Job 10)

(iii) On March 31,

Cost of goods sold A/c Dr. $21,400

To finished goods $21,400

(To record the cost of the job sold)

8 0

3 years ago

Problem 6-3 Future Value and Multiple Cash Flows [LO1] Fuente, Inc., has identified an investment project with the following cas

Vikki [24]

Answer:

Year 1 = $1,100

Year 2 = $1,330

Year 3 = $1,550

Year 4 = $2,290

(a) If the discount rate is 6 percent, then the future value of these cash flows in Year 4:

To solve this problem, we must find the FV of each cash flow and add them. To find the FV of a lump sum, we use:

$FV=P(1+r)^{t}$

$FV=1,100(1.06)^{3} +1,330(1.06)^{2} +1,550(1.06)+2,290$

= $6737.51

(b) If the discount rate is 14 percent, then the future value of these cash flows in Year 4:

$FV=1,100(1.14)^{3} +1,330(1.14)^{2} +1,550(1.14)+2,290$

= $7415.17

(c) If the discount rate is 21 percent, then the future value of these cash flows in Year 4:

$FV=1,100(1.21)^{3} +1,330(1.21)^{2} +1,550(1.21)+2,290$

= $8061.47

8 0

3 years ago

Apex Fitness Club uses straight-line depreciation for a machine costing $23,860, with an estimated four-year life and a $2,400 s

maria [59]

Answer:

1. Book value at end of year 2 = $13,130

2. Depreciation from year 3 for last 3 years = $3,710 each year, that is $11,130 for three years.

Explanation:

As for the provided details, we have:

Cost of machinery = $23,860

Expected life = 4 years

Salvage value = $2,400

Straight line depreciation = $\frac{23,860 - 2,400}{4} = 5,365$

Under straight line method depreciation remains constant for life of asset.

Book value at end of year 2 = $23,860 - ($5,365 $\times$ 2) = $13,130

Thereafter in the beginning of year 3 the estimate is made to realize that the total remaining life expected is 3 years, with salvage value $2,000

Thus, depreciation from year 3 = $\frac{13,130 - 2,000}{3} = 3,710$

Therefore, depreciation from year 3 to year 5 = $3,710 each year.

Total depreciation of last 3 years = $3,710 $\times$ 3 = $11,130

3 0

3 years ago

The beliefs and values you were raised with are part of your ____________.

Anika [276]

I am guessing culture, because your culture is your tradition and religion which are your beliefs and values.

5 0

3 years ago

Read 2 more answers