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Oksi-84 [34.3K]
3 years ago
7

Of the following factors affect economic growth? a. land c. labor b. capital d. all of the above

Business
1 answer:
Anna11 [10]3 years ago
4 0
D all of the above...............................
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What accounting method should hariette choose when she runs the profit and loss report?
Zinaida [17]

Hariette should choose cash basis of accounting when she runs the profit and loss report. A company's reporting guidelines and practices for revenues and expenses make up its accounting method. Cash accounting and accrual accounting are the two primary accounting techniques.

Revenues and costs are recorded in cash accounting when they are received and paid. There are three different accounting methods: modified cash basis, cash basis, and accrual basis. Let's briefly review the fundamentals before we discuss which types of firms use certain accounting techniques.

If you only consider popularity, accrual accounting comes out on top since it is both the most popular and the most accurate techniques.

To learn more about accounting, click here.

brainly.com/question/13310721

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4 0
2 years ago
This information relates to Cheyenne Real Estate Agency.
gregori [183]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr,                            $31,770

       To Common stock               $31,770

(Being issuance of shares for cash is recorded)

2. No Journal Entry is required

3. Office furniture Dr,          $3,740

       To Accounts payable           $3,740

(Being purchase of office furniture on credit is recorded)

4. Accounts receivable     $10,430

            To service revenue        $10,430

(Being customer billed for service is recorded)

5. Cash                                $185  

            To credit revenue       $185

(Being cash received for service is recorded)

6. Accounts payable $800  

                To cash                $800

(Being cash paid for office furniture purchased is recorded)

7. Salaries expense Dr, $3560  

               To cash                $3560

(Being salary paid is recorded)

5 0
3 years ago
On December 31, 20X4, Alan and Dave are partners with capital balances of $80,000 and $40,000, and they share profit and losses
lawyer [7]

Answer:

$24,000

Explanation:

For computing the implied goodwill, first, we have to calculate the total partners capital and total firm capital

Total partners capital = $80,000 + $40,000 + $36,000

                                    = $156,000

Now the total firm capital would be

= $36,000 ÷ 20%

= $180,000

Now the implied goodwill would be

= $180,000 - $156,000

= $24,000

3 0
3 years ago
Let S represent the amount of steel produced (in tons). Steel production is related to the amount of labor used (L) and the amou
Phantasy [73]

Solution

S = 15 x L^{0.2} x C^{0.8}

Total cost, T = wL + rC = 50L + 100C

Total revenue, R = Output price (P) x Quantity = P x 15 x L^{0.2}x C^{0.8}

(a)

Optimization problem will be:

Max R = P x 15 x L^{0.2} x C^{0.8}

Subject to T = 50L + 100C

(b) When S = 50,000

Cost is minimized when (MPL / MPC) = w / r

MPL = \partialR / \partialL = P x 15 x 0.2 x (C / L)^{0.8} = P x 3 x (C / L)^{0.8}

MPC = \partialR / \partialC = P x 15 x 0.8 x (L / C)^{0.2} = P x 12 x (L / C)^{0.2}

MPL / MPC = (3/12) x (C / L) = 50/100

C / 4L = 1/2

4L = 2C

2L = C

Substituting in production function,

15 x L^{0.2} x C^{0.8} = S

15 xL^{0.2} x (2L)^{0.8} = 50,000

15 x 2^{0.8} x L^{0.2} x L^{0.8} = 50,000

L = 50,000 / (15 x 20.8)

L = 1,914.50

C = 2L = 3,829.00

Total cost ($) = 50 x 1,914.50 + 100 x 3,829.00 = 95,725.00 + 382,900 = 478,625.00

Note: This optimization problem can be solved without using Solver too, as shown here.

6 0
3 years ago
The Bethlehem Inn is an all-equity firm with 9,000 shares outstanding at a value per share of $26.80. The firm is issuing $39,93
IgorLugansk [536]

Answer:

Value of equity = 9,000 x $26.80 =  $241,200

Value of debt issued = $39.932

Value of equity after debt repayment = $241,200 - $39,932

                                                                          =  $201,268                                                                                                                                                                                                                                                                                

No of equity outstanding after debt repayment = <u>$201,268</u>

                                                                                    $26.80

                                                                               =  7,510 shares

Explanation:

In this regard, there is need to determine the value of equity after debt repayment, which is value of equity minus value of debt repaid. Then,we  will divide the value of equity after debt repayment by the value of equity per share. This gives the number of shares outstanding after debt repayment.

3 0
3 years ago
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