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Inessa [10]
3 years ago
8

The disagreement between these economists is most likely due to . Despite their differences, with which proposition are two econ

omists chosen at random most likely to agree
Business
1 answer:
krek1111 [17]3 years ago
6 0

Answer:

Import quotas and tariffs cause a decline in economic welfare.

Explanation:

Despite of difference in opinion of economists these are the propositions on which 93 percent of economists agree according to a survey. As for other propositions of economics its hard to chose two random economists agreeing with each other.

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Cullumber Corporation purchased 37000 shares of common stock of the Sherman Corporation for $52 per share on January 2, 2020. Sh
yawa3891 [41]

Answer:

Revenue from investment = 229,400

Explanation:

Given:

Purchased shares = 37,000

Value per share = $52

Sherman Corporation total shares = 100,000

Cash dividends = $162000

Net income = $620000

Find:

Revenue from investment = ?

Computation:

Revenue from investment = Net income (Purchased shares / Sherman Corporation total shares)

Revenue from investment = $620000 (37,000 / 100,000)

Revenue from investment = 229,400

7 0
3 years ago
A certain store sells all maps at one price and all books at another price. On Monday the store sold 12 maps and 10 books for a
solong [7]

Answer:

(B) $0.50

Explanation:

The total cost is a function of the number of maps sold and the number of books sold. To determine the cost of each, a set of equations have to be solved simultaneously.

Let the cost of a map be m and that of a book be b

12m + 10b = 38

20m + 15b = 60

6m + 5b = 19

4m/3 + b = 4, b = 4 - 4m/3

6m + 20 - 20m/3 = 19

2m/3 = 1

m = 3/2 = 1.50

b = 4 - 4m/3

b = 4 - 2 = 2

The cost of a book is $2 while that of a map is $1.50

Hence a map sell for $0.50 less than a book.

7 0
3 years ago
On January 1, Year 1. a company issues $100.000 of 8% bonds maturing in 10 years when the market rate of interest is 9%. The bon
Margarita [4]

Answer:

b) The company will incur a loss

Explanation:

The market rate at the time of issue = 9%, while coupon rate = 8%, it says bonds provide lesser return when compared to the market rate.  

At end of year 2 market rate drops to 6% which is lower than the Bond's coupon rate. Which means the bond's providing high return when compared to the market. So, company to retire the bonds need to pay more than the par value.

As company should retire these bonds more than par value, the company incur a loss.

Option 'B is correct

The company incur a loss

5 0
3 years ago
On March 31, 2018, Susquehanna Insurance purchased an office building for $11,700,000. Based on their relative fair values, one-
irakobra [83]

Answer:

2018:

building:                       296,400

Furniture and fixtures: 270,000

Office Equipment:      <u>  340,000  </u>

Total:                             906,400

Explanation:

<em>11,700,000 1/3 to land:</em>                3,900,000

<em>11,700,000 2/3 to building:</em>         7,800,000

Office Equipment:                  <u>       204,000   </u>

Total:                                           11,904,000

<u>Building depreciation: </u>

(historic cost - salvage value)/useful life

(7,800,000 - 7,800,000 x 5%)/25 = <em>296,400</em>

As this is straight-line depreciation will be constant for both years.

Furniture and fixtures: double-declining

the assets depreciate at a rate double of straight line of the carrying value

carring value: 2/useful life

2018:          1,350,000         x 1/10 x 2 = 270,000

2019: (1,350,000-270,000) x 1/10 x 2 = 216,000

Office Equipment: double-declining

2018:           850,000          x 2/5 =  340,000

2019: (850,000 - 340,000) x 2/5 = 204,000

3 0
3 years ago
An investor, who had $75,000 to contribute, was choosing between a boutique and a local shoe shop. After careful deliberation, t
Alexeev081 [22]

Answer:

$6000

Explanation:

Economic profit = accounting profit - implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

accounting profit = 15,000

Implicit cost = 9000

15,000 - 9000 = $6000

6 0
3 years ago
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