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Margaret [11]
3 years ago
13

What are the central concerns of economics?

Business
1 answer:
nasty-shy [4]3 years ago
5 0

Hi


The answer is : A

Resource use, production, and distribution of goods and services.


I hope that's help:)

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During the second year of the equipment’s life, $21,900 cash is paid for a new component expected to increase the equipment’s pr
Alona [7]

Answer:

   S/N              ACCOUNT                                 DEBIT                  CREDIT

      1             Equipment                                   $22,000

                        Cash                                                                     $22,000  

                    Being payment for new component expected to increase the

                    equipment’s productivity by 10% a year

      2.           Equipment Repairs expenses      $6,250

                       Cash                                                                          $6,250

                    Being payment for equipment repair

     3.            Equipment                                       $14,870

                       Cash                                                                          $14,870

                    Being payment for equipment repair to prolong the useful life

                    the asset

Explanation:

The initial cost incurred in acquiring an asset is debited to asset account, subsequently every other cost spent on the assets are either expenses against the earning of that period or expensed over many years over the useful life of the asset.

Capitalization is the recognition of an expense as an asset in the balance sheet rather than expenses in the income statement.

The payment of $22,000 paid for the equipment productivity must be capitalized, that is added to the cost of the asset because it is a cost that is  expected to increase the equipment’s productivity by 10% a year.

The  $6,250  paid for normal repair is a revenue items which is to be expensed against the earning of that period.

The $14,870 paid for repairs which will increase the useful life of the equipment from four to five years is a capital expenditure which should capitalized, that is added to the cost of the asset.

7 0
3 years ago
The manufacturing cost of the widgets your company makes has dropped by 50%. One of your customers, Sam, tells you he knows this
olga_2 [115]

Based on the above scenario, the answer is No. I would not tell Sue, because  manufacturing cost falls under business's internal factors that tends to affect firm's  profitability.

<h3>What is discount?</h3>

Others are:

  • Also note that if i tell her,  my actions will be found to be ethically incorrect.

The term discount is known to be an act or process where a price of product or services are  reduced prices to a price lower than the exact sum of that item.

Note that Based on the above scenario, the answer is No. I would not tell Sue, because  manufacturing cost falls under business's internal factors that tends to affect firm's  profitability.

Learn more about discount from

brainly.com/question/1548141

#SPJ1

4 0
2 years ago
Polls to answer :
horsena [70]
Age: 15
oldest age: 16
siblings: 1
7 0
3 years ago
What would the new optimal solution of product 3 sold for $15, and 100 hours of labor could be purchased?.
slega [8]

Answer:

I don't know sorry sorry forgive me

Explanation:

sorry

5 0
2 years ago
A Masters degree candidate needs to conduct a research project for her Masters thesis. She is interested in the types of junk fo
ladessa [460]

Answer:

The answer is: D) Not human subjects

Explanation:

Her research project is about junk food availability, and that doesn´t include research with human beings. The research should be classified as Not Human Subject since it doesn´t involve any living individual.

Research done on humans are classified as:

  • Exempt from review: if it involves very minimal or no risk for human participants.
  • Expedited review: if it doesn´t classify as exempt review but it involves no more than minimal risk to the participants and meets other standards, such as not including protected classes or vulnerable populations, and not using intentional deception.
  • Full board review: If it doesn´t classify as exempt from review or expedited review.

8 0
3 years ago
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