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3 years ago

The following data are for a series of increasingly extensive flood-control projects.

Business

1 answer:

marissa [1.9K]3 years ago

4 0

Answer:

$28,000 and $12,000, respectively

Explanation:

Marginal cost = incremental cost from Plan C to Plan D

= total cost (plan D) - total cost (plan C)

= 72,000 - 44,000 = $28,000

Marginal benefit = incremental benefit from Plan C to Plan D

= total benefit (plan D) - total benefit (plan C)

= 64,000 - 52,000 = $12,000

Therefore marginal cost and benefits for Plan D = $28,000 and $12,000, respectively

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On January 2, 2021, Miller Properties paid $28 million for 1 million shares of Marlon Company's 6 million outstanding common sha

emmainna [20.7K]

Answer:

A. Income statement $8.4 million

B. Balance sheet million $35.4 million

C. Operating cash flow million $1 million

Investing cash flow million=$28 million

Explanation:

a. Calculation for Income statement million

Using this formula

Income statement=Investment revenue -Patent amortization adjustment

Let plug in the formula

Income statement= ($54 million × 1/6)-([$36 million] × 1/6]÷10 years)

Income statement=$ 9.0-$0.6

Income statement=$8.4 million

Therefore Income statement million will be $8.4 million

b. Preparation of the Balance sheet million

Cost $28 million

Add Investment revenue $9.0 million

($54 million × 1/6)

Less Dividend ($1 million)

($6 million × 1/6)

Less Patent amortization adjustment ($0.6 million)

([$36 million] × 1/6]÷10 years)

Balance sheet million $35.4 million

($28 million+$9.0 million-$1 million-$0.6 million)

Therefore Balance sheet million will be $35.4 million

c. Preparation of the Statement of cash flows

Operating cash flow million=($6 million × 1/6)

Operating cash flow million= $1 million

Investing cash flow million=$28 million

Therefore Operating cash flow million will be $1 million while the Investing cash flow million will be $28 million.

5 0

3 years ago

The bank forecloses on Lisa's apartment complex. The property had been pledged as security on a nonrecourse mortgage, whose prin

skelet666 [1.2K]

Answer: $400,000

Explanation:

Based on the information given in the question, Lisa's recognized gain or loss will be calculated as the difference between the amount that's realized and the adjusted basis. This will be:

Recognized gain will be:

= Amount realized - Adjusted basis

= $900,000 - $500,000

= $400,000

There's a recognized gain of $400,000

6 0

3 years ago

And an anonymous survey, 2.5% of your employees say that they are “ready to quit”. You employ 50,000 people. How many are ready

Anit [1.1K]

Answer:

1250

Explanation:

2.5%*50,000=1250

50,000*0.025=1250

7 0

2 years ago

Global staffing has created political issues such as questioning U.S. federal legislation that restricts the number of high-skil

GuDViN [60]

Answer:

True

Explanation:

This is true that global staffing has created political issues such as questioning U.S. federal legislation that restricts the number of high-skilled workers admitted from other countries.

8 0

3 years ago

Prepare journal entries to record the following transactions for Sherman Systems. Purchased 6,000 shares of its own common stock

Andrei [34K]

Answer:

Revised Equity Section of Balance Sheet After October 11

Common Stock at par $820,000

Paid-in capital in excess of Par $266,000

Total Contributed Capital $1,086,000

Retained earnings $ 944,000

Total $2,030,000

Less: Treasury Stock ($ 210,000)

Total Stockholder's Equity $1,820,000

Treasury stock = 6,000 * 35

= $210,000

5 0

3 years ago