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2 years ago

Forest Beach Company experienced an event that had the following effects on its financial statements.

Business

1 answer:

il63 [147K]2 years ago

7 0

Answer:

Explanation:

This is so because paying off principal balance of a note payable will definitely reduce cash asset and ultimately lead to liabilities of note payable. The cash outflow from the payoff of the note payable would be classified as a financing activity, and this way the the income statement is not affected.

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A farmer has cash costs of S1.50/bu for his corn. The opportunity cost of his labor is S0.30/bu and the opportunity cost of his

Ghella [55]

Answer:

C. $0.30/bu

Explanation:

Given that

Cash cost = $1.50/bu

Opportunity cost of labour = $0.30/bu

Opportunity cost of Land = $0.40/bu

Sales from corn = $2.50/bu

Recall that economic profits = Total income - Total expenses - opportunities cost

Therefore

Economic profits = 2.50 - 1.50 - (0.30 + 0.40)

= 2.50 - 1.50 - 0.70

= 0.30

Therefore, economic profits = $0.30/bu

4 0

3 years ago

Apple Bank makes a loan to Harry at 12.5 percent per year to be repaid by level annual payments for t years. Exactly one year be

Stels [109]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

Download xlsx

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3 years ago

The full-production level of our economy implies ____.

drek231 [11]

Food because food is life

3 0

3 years ago

Her neighbor could not afford to repair the roof on her house, so tijuana secretly hired and paid for a contractor to repair the

ANTONII [103]

Tijuana's actions are an example of "altruism".

Altruism is carrying on of worry for another's prosperity. Regularly, individuals carry on charitably when they see others in edgy conditions and feel sympathy and a craving to help. Selflessness doesn't generally easily fall into place, since by definition, it expects individuals to slight their very own worries to help other people with no desire for remuneration, however "reciprocal altruism" is a term utilized by evolutionary scholars and analysts to describe the choice to help with a desire that one will get some advantage or result to oneself. Agreeable conduct enabled our predecessors to make due under brutal conditions, despite everything it fills an important need to an exceedingly mind boggling society.

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3 years ago

What are six resources for helping you decide what type of business to start and how to start it

zaharov [31]

1. Find a good business idea

A good business idea isn’t just one that turns a profit. It’s one that’s a good fit for you personally, for your target market, and for your location. You’re going to be in business for the long haul, so you really should pick something you can live and breathe.

Identify your strengths and weaknesses Conduct a SWOT analysis on yourself Come up with a business idea that caters to your strengths How to start inventing things (or how to find something to invent)Define what success looks like for you Do your research: What are popular businesses today?

8 0

2 years ago