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3 years ago

In a price system, changes in prices

Business

1 answer:

kozerog [31]3 years ago

3 0

<span>signal to consumers that some goods are relatively more or less scarce.</span>

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"Forman and Berry are forming a partnership. Forman will invest a building that currently is being used by another business owne

dimaraw [331]

Answer:

The amounts to be recorded for the building and for Forman's Capital account are $80,000 and $60,000 respectively

Explanation:

According to the accounting principles, the fixed assets should be recorded at cost or market value whichever is lower

So, in the question, it is mentioned that the building has a market value of $80,000 so by $80,000 the building is recorded.

And, for the Forman's Capital account, the $60,000 should be recorded because we have to deduct the $20,000 building mortgage from the market value of the building so that the accurate value can be come.

3 0

3 years ago

___________ is/are treated as receivables if collected from employees or deducted from their salaries.

dangina [55]

Payments is the correct word for the blank

6 0

3 years ago

CNBC.com reported mortgage applications increased 9.9% due to a decrease in the rate on 30-year fixed rate mortgages to 4.03%. D

guapka [62]

From the information given, the total interest payable on the mortgage is 290, 659.84 See the calculation and analysis below.

<h3>What is the calculation on the above mortgage scenario?</h3>

We are given

Vacation Home purchase amount = $250,000

Down payment = 20% i.e. $235,000 X 20% = $50,000

Loan Amount = $250,000 - $50,000

Rate = 7%

Period = 22 years = 22 x 12 = 264 monthly installment

Monthly installment = $1,858.56 (See attached spread sheet).

Recall that Total interest paid

= Monthly Installment X N - Principle loan amount

Hence,

1,858.56 x 264 - 200,000

= 490,659.84 - 200,000

Total interest paid = 290, 659.84

Learn more about interest on mortgage at;
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7 0

2 years ago

This theory views shocks to tastes (workers' willingness to work, for example) and technology (productivity) as the major drivin

katrin2010 [14]

Answer:

The answer to this question is option C Real Business Cycle theory

Explanation:

The Real business cycle theory is the theory that views hocks to tastes (workers' willingness to work, for example) and technology (productivity) as the major driving forces behind short-run fluctuations in the business cycle because these shocks lead to substantial short-run fluctuations in the natural rate of output.

Real business cycle models state that macroeconomic fluctuations in the economy can be largely explained by technological shocks and changes in productivity. These changes in technological growth affect the decisions of firms on investment and workers (labour supply)

Hence the answer is option C Real Business Cycle theory

5 0

3 years ago

Levenworth Company incurs unnecessary costs each period because of the excess quantities of inventory maintained to meet unexpec

Anon25 [30]

Answer:

The correct answer is C

Explanation:

JIT termed or stand for the Just in Time Inventory, it is a strategy or the plan of action, which is to increase the efficiency and decrease the waste through receiving the goods only as they are required in the process of the production, thereby decreasing the inventory costs.

So, the costs of the obsolescence, inventory financing and storage supervision could be decreased through the practice of the JIT (Just-in-time inventory).

8 0

3 years ago

In a price​ system, changes in prices

In a price system, changes in prices