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galben [10]
3 years ago
12

Nonprice rationing devices are required

Business
1 answer:
RUDIKE [14]3 years ago
7 0

Answer: Option D: to allocate goods when there is a price ceiling.

Explanation: Nonprice rationing devices is the use of methods other than price controls that have the effect of limiting output. The Notice devices are often used to deploy goods when there is a price ceiling.

Common examples of Nonprice rationing devices are:

1. Queuing

2. The use of Coupon

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The process of developing a pool of qualified job applicants is called job analysis TURE OR FALSE
Ad libitum [116K]

Answer:

F

Explanation:

6 0
3 years ago
Smiley Corp.'s transactions for the year ended December 31, 2018 included the following:
mixas84 [53]

Answer:

b. -$350,000

Explanation:

The calculation of net cash used in financing activities is shown below:-

Net cash used in cash flow from financing activities = Borrow from bank - Dividend paid + Issue common Stock - Loan repaid

= $1,250,000 - $1,200,000 + $500,000 - $900,000

= -$350,000

Therefore for calculating the net cash used in financing activities we simply applied the above formula.

7 0
3 years ago
Read 2 more answers
For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are SL for st
makkiz [27]

Answer:

Please check the attached image for the answers

Explanation:

Check the attached image for a clearer image of the table used in answering this question

A.

Cost of asset = c

Useful life = 5

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)

= 2 × (1/5) = 0.4 = 40%

Because the depreciation factor is 40%, the remaining book value after depreciation would be 60%.

Note that : Book value in year 1 = Cost of asset - Depreciation expense of year 1

Book value in year in subsequent years = previous book value - that year's depreciation expense

The book value in year 2: 0.6c x $51,000

Solve for c = 51,000 / 0.6 = 85,000

So, the book value in year 2 is $85,000

The book value in year 1 which is also the cost of the asset can be found using this equation : (2 / 5 ) x c = $85,000

Solve for c = $85,000 × (5/2) = $212500

The cost of the asset is $212,500

For asset b

Sum of the year Depreciation expense = (number of useful life remaining / sum of useful years) x (Cost of asset - Salvage value)

number of useful life remaining at year 2 = 7

Sum of useful life = 1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 = 36

The equation for year 2 depreciation : (7/36) × ($40,000 - Salvage value) = $7,000

0.194444 × ($40,000 - Salvage value) = $7,000

Make salvage value the subject of the formula and solve

Salvage value = $4,000

For asset c,

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

Inputting the values given for asset C into the above equation: ($103,000 - $13,000) ÷ useful life = $9,000

= $90,000 / useful life = $9,000

Solve for useful life, useful life = 10 years

For asset D,

To find the depreciation method used , we have to employ trial and error method. We would try all the depreciation methods available and determine which depreciation method would give us the depreciation value of $23,900

I would start with the straight line depreciation method Deprecation method.

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

= ($268,000-$29,000)/10 = $23,900

From the above calculation, the depreciation method used is the straight line depreciation method.

For asset E,

The 150% declining method = Depreciation factor x cost of the asset

Depreciation factor = 1.5 x (1/useful life)

1.5 x (1/8) = 0.1875

To derive the depreciation expense in year 2, the book value at the beginning of year 2 has to be determined. To determine the year 2 book value, the depreciation expense in year one has to be determined.

Year 1 depreciation expense = 0.1875 x $219,000 = $41,062.50

Year 2 , book value = $219,000 - $41,062.50 = $177,937.50

Depreciation expense in year 2 = 0.1875 x $177,937.50 = $33,363.28

I hope my answer helps you

7 0
3 years ago
A country has I = $200 billion, S = $400 billion, and purchased $600 billion of foreign assets, how many of its assets did forei
Lostsunrise [7]

Answer:

d. $400 billion

Explanation:

3 0
3 years ago
Economic facts in terms of number are known as​
arlik [135]

Answer: Index

Explanation:

Any economic fact expressed in terms of number is known as Index,

Index is the statistical change which represents the change in the individual data point. Index measures the change in the consumer goods and its price over time in different geographical locations. Some indices display market variations that cannot be captured in other ways.

5 0
3 years ago
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