Answer:
Explanation:
Adams division:
Net income - 605000
Minimum acceptable income = [Total capital employed*Rate of return] = 4000000*0.08=320000
Residual income= NI-Minimum acceptable income=605000-320000=285000
Jefferson division:
Net income - 315000
Minimum acceptable income = [Total capital employed*Rate of return] = 3250000*0.08=260000
Residual income= NI-Minimum acceptable income= 315000-260000= 55000
Answer:
c. producers
Explanation:
Since it is given in the question that the price elasticity of demand is relatively elastic but the price elastic of supply is relatively inelastic but if the excise tax is imposed on the goods so the greater burden of the tax would be on the producers as the supply is inelastic so the producers could not changed much but if we compare to the consumers, the consumer could change the demand more than before due to the elastic in demand.
So, the correct option is c.
Answer and Explanation:
The computation of the purchase of fixed assets is shown below:-
March 12 Purchase of fixed assets = $274,000. This same is shown in the investing activities section of the cash flow statement in the negative sign
October 4 Sale of fixed assets = $151,000. This same is shown in the investing activities section of the cash flow statement in the positive sign
Gain on sale of the fixed asset is
= Sales Value - Cost of asset
= $151,000 - $129,000
= $22,000
This amount is shown in the operating activities section of the cash flow statement in the negative sign
Answer:
$42,000
Explanation:
Calculation for the amount borrowed
Amount borrowed=$1,260/(12% x 3/12)
Amount borrowed=$1,260/0.03
Amount borrowed=$42,000
Note that October 1, 2016 to 31 December 2016 will gives us 3 months
Based on the above calculation $42,000 which is the amount borrowed x 12% x 3/12 = Interest expense amount of $1,260
Therefore the amount borrowed is $42,000
The given statement " The market for factors of production connects spending by firms to household income " is TRUE
Explanation:
When goods and services markets were the only businesses open, corporations would ultimately have everything they wanted in a single business, consumers would have all the finished products and industry would end.
The word "factors of production" refers to everything a manufacturer uses to make a final product.
Types of production factors are labour (work was carried out by people), equipment (machinery for the processing of products), land and so on.
Job markets are the most widely contested type of a factor market, but it should be noted that output factors can take many forms.