Such employment would fall outside the production possibilities curve as the values plotted on that curve would be the minimum unemployment levels. The usual figure to use is % unemployment so most likely the differing levels shown would be for unemployment ie 10% above the curve and say 5 % on the curve.
Answer:
C. $ 8,606 million
Explanation:
By the accounting equation you now that :
Total Assets = (Total Liabilities + Owner’s Equity)
In this case it´s
$40,091 = $31,485 + $8,606
It means that the company works with total assets, but it needs to finance these assets through liabilities (mainly suppliers of any kind) and equity, which is the money that the owner put in the company hoping to make a profit.
Answer:
$28,560
Explanation:
Calculation for the carrying value of the note receivable on Park’s December 31, 2019, balance sheet
Using this formula
Carrying value of note receivable =Present value of the note +(Imputed interest rate ×Present value of the note )
Let plug in the formula
Carrying value of note receivable=$25,500+(12%×$25,500)
Carrying value of note receivable=$25,500+$3,060
Carrying value of note receivable=$28,560
Therefore the carrying value of the note receivable on Park’s December 31, 2019, balance sheet will be $28,560
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