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Alenkasestr [34]
3 years ago
11

Which of the following statements is true about a short term aggregate supply curve?

Business
1 answer:
irga5000 [103]3 years ago
6 0

Answer:

C

Explanation:

Shifts in the SRAS curve are caused by:

- Changes in wages

- Changes in non-labour resource prices

- Changes in business taxes

- Changes in subsidies offered to businesses

- Supply shocks

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3 arguments for social responsibility
Nookie1986 [14]

Answer:

  • Public Requirements: ...
  • Favourable For Business: ...
  • Moral Justification: .
7 0
2 years ago
1 pts __________ is an activist investors who Runs Pershing Square Capital Management and recently purchased a 9.7% stake in All
Ivan

Answer:

The correct word for the blank space is: Bill Ackman.

Explanation:

American investor Bill Ackman (born in 1966) is the founder and Chief Executive Officer (CEO) of Pershing Square Capital Holdings, Ltd., a New-York-based hedge fund with around $12.5 thousand millions in assets. According to the Bloomberg Billionaires Index, Ackman's net worth is $1.8 billion.

4 0
3 years ago
Monte’s Coffee Company purchased packaging equipment on January 5, 2014, for $90,000. The equipment was expected to have a usefu
Igoryamba

Answer:

1.a

2014 Depreciation

Straight line method $28,000

Units-of-output $37,380

Double declining balance $60,000

2015 Depreciation

Straight line method $28,000

Units-of-output $29,820

Double declining balance $20,000

2016 Depreciation

Straight line method $28,000

Units-of-output $16,800

Double declining balance $6,667

1.B Total Depreciation in 3 years

Straight line method $84,000

Units-of-output $84,000

Double declining balance $86,667

2. Double declining balance yields the highest depreciation expense for 2014

3. Double declining balance yields the highest depreciation expense over the three-year life of an equipment

Explanation:

1.A In computing straight line method, the formula would be:

(cost of equipment - salvage value) / life of equipment

2014

(90,000 - 6,000) / 3 years = 28,000

2015

(90,000 - 6,000) / 3 years = 28,000

2016

(90,000 - 6,000) / 3 years = 28,000

TOTAL DEPRECIATION IN 3 YEAR LIFE OF EQUIPMENT = $84,000 ($28,000 + $28,000 + $28,000)

UNITS-OF-OUTPUT METHOD

Formula: (Cost of equipment - salvage value) / total operating hours of equipment x operating hours used for the year

2014

($90,000 - 6,000) / 20,000 x 8,900

($84,000 / 20,000) x 8,900

$4.2 per hour x 8,900 = $37,380

2015

($90,000 - 6,000) / 20,000 x 7,100

($84,000 / 20,000) x 7,100

$4.2 per hour x 7,100 = $29,820

2016

($90,000 - 6,000) / 20,000 x 4,000

($84,000 / 20,000) x 4,000

$4.2 per hour x 4,000 = $16,800

TOTAL DEPRECIATION IN 3 YEAR LIFE OF EQUIPMENT = $84,000 ($37,380 + $29,820 + $16,800)

DOUBLE DECLINING BALANCE

Formula: 100%/life of equipment x 2

*residual value will not be considered in this method of computation of depreciation expense.

2014

100% / 3 years x 2 = 66,67%

90,000 x 66.67% = $60,000

2015

100% / 3 years x 2 = 66,67%

$90,000 - $60,000 = $30,000

$30,000 x 66.67% = $20,000

2016

100% / 3 years x 2 = 66,67%

$90,000 - ($60,000 + $20,000) = $10,000

$10,000 x 66.67% = $6,667

TOTAL DEPRECIATION IN 3 YEAR LIFE OF EQUIPMENT = $86,667 ($60,000 + $20,000 + $6,667)

2. Double declining method yields the highest depreciation expense in 2014 in the amount of $60,000 as computed above.

3. The method that yields most depreciation over the three-year life of an equipment is the DOUBLE DECLINING METHOD in a total amount of $86,667.

8 0
3 years ago
In 2009 tariffs were imposed on Chinese tires. The result of this tariff was a drop in imports of these tires from $13 million t
Doss [256]

Answer:

The winners were tire exporters from nations other than China, since the price of tires from these nations rose from $53.94 to $62.02, and this rise was not due to tariffs.

The losers were Chinese tire exporters, because while the price of Chinese tires also rose, it was because of the tariff, which is not income received by the exportes. Besides, the volume of imports from China also fell.

5 0
3 years ago
During lunch at a local pie shop, Fred, a stockholder in SuperSize Industries, Inc., Frieda, an employee of SuperSize, Nick, a S
exis [7]

Answer:

A. Each of these individuals is a stakeholder of SuperSize

Explanation:

Stakeholders are all those people who are linked with the corporation in some way. Without the stakeholders, the firm could not continue to exist.

Stakeholders include shareholders, clients, employees, creditors, investors, the government, among others.

In the question, we have a stockholder (Fred), an employee (Frieda), a neighbor (Blanche), and two directors (Evelyn and Aarnold). They are all stakeholders.

8 0
3 years ago
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