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3 years ago

What happens when the supply of a non perishable good is greater than the consumer wants to buy?

2 answers:

4 0

What happens when the supply of a nonperishable good is greater than the consumer wants to buy?

Excess supply>remains unsold, eventually price drops

svetlana [45]3 years ago

3 0

either the good remains unsold or the price drops .

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Purchase Company recently acquired several businesses and recognized goodwill in each acquisition. Purchase has allocated the re

netineya [11]

Answer:

Purchase Company

RU-1 RU-2 RU-3

Goodwill Impairment loss (gain) $8,300 $44,600 ($383,250)

Explanation:

a) Data and Calculations:

Carrying Amounts

RU-1 RU-2 RU-3

Tangible assets $215,500 $261,000 $158,250

Trademark 257,000

Customer list 154,500

Unpatented technology 232,500

Licenses 100,000

Copyrights 65,500

Goodwill 190,250 187,550 136,500

Liabilities (35,000)

Book values $782,250 $781,050 $360,250

Fair values $773,950 $736,450 $743,500

Goodwill Impairment

loss (gain) $8,300 $44,600 ($383,250)

b) Purchase Company will recognize Goodwill impairment expense for RU-1 and RU-2. It will recognize a Goodwill impairment gain for RU-3. A goodwill impairment gain results when the fair value is higher than the book value of the net realizable assets.

6 0

3 years ago

Great Visions Company entered into a contract with ABC Carpet Company on January 15, 2020. The delivery date of March 1 was spec

inn [45]

Answer:

March 31, 2020

Explanation:

The accrual accounting principle states that you must record transactions in the accounting periods in which they occur, and the conservatism principle states that revenues should only be recorded when the earning process has been substantially completed.

In this case, only March 31 fulfills both requirements, since the goods were delivered on that day: same accounting period + earning process completed.

8 0

3 years ago

What are the tools of macroeconomic policy?

Gnesinka [82]

Answer:

° Fiscal policy

° Monetary policy

° Exchange rate policy

Explanation:

Macro economics policy are tools used by a country's government through their central bank to influence the supply of money, control interest rate in their economy which will lead to economy stability and growth. The tools are explained below. An increase in government spending will make funds available to the household and firms hence increases the volume of money supply in the economy, while a decrease in government spending will also reduce the availability of money to household and firms.

° Fiscal policy . This refers to the use of tax and government expenditure to regulate the supply of money an economy. For instance, government through its central bank uses tax cut to increase the flow of money in an economy. Also, if the government feels that the supply of money in circulation is too much, which could result in inflation, government can increase taxes to be paid by individuals, firms and businesses which in turn will reduce the availability of money.

° Monetary policy. Monetary policy refers to various tools used by the government to control the flow of money in an economy, which includes open market operation, special reserves, interest rate adjustment. For instance, the government through CBN could buy or sell government issued securities which will ultimately affect the supply of money in an economy. Also, there is usually a minimum amount of reserves which must be held by commercial banks, which ultimately affects the supply of money. An increase in reserve ratio reduces the ability of banks to lend money to their customers while and a reduction in the reserve ratio increases their ability to lend to the public hence increases money supply.

° Exchange rate policy. The value of a country's currency in relation to other country's currency is referred to as exchange rate. Exchange rate policy is used to control inflation, preserve the value of domestic currency and also to maintain a favorable external balance of payments of a country.

3 0

3 years ago

One advantage of strength-training machines over free weights is that ____.

ycow [4]

<span>Weight training is a training that involves lifting weights in order the body to build strength or endurance. The weight training can be done with </span>strength-training machines or with free weights.
<span>One advantage of strength-training machines over free weights is that a spotter is often not needed.</span>

7 0

3 years ago

Consider the following information: Rate of Return If State OccursState ofProbability ofEconomyState of EconomyStock AStock BSto

grigory [225]

Answer:

Expected Return Boom = 0.29(0.353) + 0.42(0.453) + 0.29(0.333)

Expected Return Boom = 0.3892

Expected Return Boom = 38.92%

Expected Return Good= 0.29(0.123) + 0.42(0.103) + 0.29(0.173)

Expected Return Good = 0.1291

Expected Return Good = 12.91%

Expected Return Poor = 0.29(0.013) + 0.42(0.023) + 0.29(-0.053)

Expected Return Poor = - 0.00194

Expected Return Poor = - 0.194%

Expected Return Bust = 0.29(-0.113) + 0.42(-0.253) + 0.29(-0.093)

Expected Return Bust= - 0.166

Expected Return Bust= - 16.6%

a. Expected return portfolio = 0.3892*0.18 + 0.1291*0.42 + 0.32*- 0.00194 + 0.08*- 0.166

Expected return portfolio = 0.1104

Expected return portfolio = 11.04%

b. Variance = 0.18*(0.3892-0.1104)^2 + 0.42*(0.1291-0.1104)^2 + 0.32*(- 0.00194-0.1104)^2 + 0.08*(- 0.166-0.1104)^2

Variance = 0.02429

c. Standard Deviation = (0.02429)^(0.5)

Standard Deviation = 0.1558

Standard Deviation = 15.58%

3 0

3 years ago