Answer: Optimization of resource allocation
Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.
One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.
Answer:
$20,000 ordinary gain
Explanation:
Data provided in the question:
Cash proceeds from Selling of the equipment = $50,000
Purchasing cost of the equipment = $60,000
Depreciation expense = $30,000
Now,
The book value of the equipment
= Purchasing cost of the equipment - Depreciation expense
= $60,000 - $30,000
= $30,000
Since,
the amount of proceeds from sales is higher than the book value of the equipment
Therefore a gain will be recognized
The amount of Gain = proceeds from Selling - book value
= $50,000 - $30,000
= $20,000
Hence,
$20,000 ordinary gain
Answer:
3.83 years
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.
It is a capital budgeting technique that doesn't account for the time value of money.
Payback period = Cost of asset / cash flows
$92,000/ $24,000 = 3.83 years
I hope my answer helps you
Answer:
$140,000
Explanation:
The computation of adjusted balance in the Accumulated Depreciation account is shown below:-
adjusted balance in the Accumulated Depreciation account = unadjusted normal balance + Credit Accumulated Depreciation account
= $120,000 + $20,000
= $140,000
Hence the adjusted balance in the Accumulated Depreciation account is $140,000.
Answer:
For every $1.00 spent in manufacturing, another $2.79 is added to the economy
Explanation:
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