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2 years ago

If output equals a*(5k + 2l), what is output if a equals 2,000, capital equals 10, and labor equals 100?

1 answer:

5 0

We know that: a = 2,000, c = 10, l = 100
The formula is: a * ( 5 c + 2l )
So when we charge the values:
2,000 * ( 5 * 10 + 2 * 100 ) =
= 2,000 * ( 50 + 200 ) =
= 2,000 * 250 = 500,000
Answer: The output is 500,000.

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3 years ago

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2 years ago

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File is attached below

Explanation:

Download txt

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3 years ago

Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales $ 6,620 Cost of goods sold 4,240 Depreciation 355 Earnings before

Mademuasel [1]

Answer:

1.59 times

Explanation:

Average total assets = Beginning total assets + Ending Total assets / 2

Average total assets = 6,470 + 6,705 / 2

Average total assets = $6,587.5

Beginning Total equity = Common stock + Retained earnings

Beginning Total equity = $3,240 + $3,080

Beginning Total equity = $6,320

Ending Total equity = Common stock + Retained earnings

Ending Total equity= $880 + $1,130

Ending Total equity = $2,010

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Average total equity = $6,320 + $2,010 / 2

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Equity multiplier for 2017 = $6,587.5 / $4,165

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3 years ago

Based on the following data, what is the amount of current assets? Accounts payable……………………………………………………….. $62,000 Accounts rece

Vlad1618 [11]

Answer:

The amount of current assets are $252,000

Explanation:

Current assets: The current assets are those assets who are converted into cash within one year. Like - accounts receivable, cash, inventory, prepaid insurance, etc.

The total amount of the current assets are shown below:

= Accounts receivable + Cash + Inventory + Short-term investments + Prepaid insurance

= $100,000 + $70,000 + $80,000 + $2,000

= $252,000

The other items represent current liabilities, long term liabilities, intangible assets, and the fixed assets so, we do not consider them in the computation part.

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2 years ago