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4 years ago

8

The bullet train's projected $2.8-billion price increase will be funded by cutting spending on other public works project. This

tradeoff is an illustration of the economic principle that:

1 answer:

anastassius [24]4 years ago

5 0

Answer:

This tradeoff is an illustration of the economic principle that: there are opportunity costs in projects.

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Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7

Dmitry [639]

Answer:

Weeks supply = 10.70 million (Approx)

Explanation:

Given:

Last year, cost of goods sold = $7,537.53 million

Last year Inventory = $1,551.55 million

Computation:

Average cost of sold good on week basis = Cost of goods sold / Total number of weeks

Average cost of sold good on week basis = $7,537.53 million / 52

Average cost of sold good on week basis = 144.96 million

Computation of weeks supply:

Weeks supply = Last year Inventory / Average cost of sold good on week basis

Weeks supply = $1,551.55 million / 144.96 million

Weeks supply = 10.70 million (Approx)

8 0

3 years ago

The City of Troy collects its annual property taxes late in its fiscal year. Consequently, each year it must finance part of its

matrenka [14]

PAnswer:

A. $1,460,000

B. Dr Cash $1,460,000

Cr Tax anticipation note Payable $1,460,000

C.General fund

Dr Tax anticipation note Payable $1,460,000

Dr Expenditure $43,800

Cr Cash $1,503,800

Government activities

Dr Tax anticipation note Payable $1,460,000

Dr General government interest expense $43,800

Cr Cash $1,503,800

Explanation:

a. Calculation for the estimated amount of tax anticipation financing that will be required for the remainder of FY 2017.

Estimated amount of Tax Anticipation Financing

Budgeted expenditures, remainder of year 2,500,000

Add Current liabilities payable 830,000

Less Estimated Resources Available:

Cash on hand, beginning of year (770,000)

Collections of budgeted revenues and delinquent property taxes (1,100,000)

Estimated Amount of Required Tax Anticipation Note Financing $1,460,000

b. Preparation of the Journal entry to Record the issuance of the tax anticipation notes

Dr Cash $1,460,000

Cr Tax anticipation note Payable $1,460,000

c. Preparation of journal entry to Record the repayment of the tax anticipation notes and interest

General fund

Dr Tax anticipation note Payable $1,460,000

Dr Expenditure $43,800

($1,460,000*6%*6/12)

Cr Cash $1,503,800

($1,460,000+$43,800)

Government activities

Dr Tax anticipation note Payable $1,460,000

Dr General government interest expense $43,800

($1,460,000*6%*6/12)

Cr Cash $1,503,800

($1,460,000+$43,800)

6 0

3 years ago

Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient

irina1246 [14]

Answer:

Explanation:

The direct cost is the cost that is directly related to production. The example is direct material cost, direct labor cost, etc whereas the indirect cost is the cost that is not directly related to the production. It is also known as overhead cost only records all indirect cost i.e depreciation on equipment of factory, property taxes, etc

Based on this, the classification is as follows

1 The wages of pediatric nurses / The pediatric department = Direct cost (D)

2 Prescription drugs / A particular patient = Direct cost (D)

3 Heating the hospital / The pediatric patient = Indirect cost (D)

4 The salary of the head of pediatrics / The pediatric patient = Direct cost (D)

5 The salary of the head of pediatrics / The particular pediatric patient = Indirect cost (D)

6 Hospital chaplain's salary / A particular patient = Indirect cost (D)

7 Lab tests by outside contractor / A particular patient = Direct cost (D)

8 Lab tests by outside contractor / A particular department = Direct cost (D)

5 0

4 years ago

The advertising committee for a politician is going door to door and asking people to put a big, ugly election sign on their law

Dahasolnce [82]

Answer:

B. the door-in-the-face strategy

Explanation:

The door-in-the-face strategy is a largely used method in social psychology, marketing and sales. It starts with the seller/advertiser/persuader having a big request for the other person, knowing it will probably be turned down. Afterward, the seller/advertiser/persuader proposes a smaller request.

Many studies and researches have shown that people would more often <em>say yes</em> to the smaller request when it is made following the large request, rather than the small request being proposed alone.

In this example, the advertising committee is hoping that people would surely accept the smaller lawn sign after they initially propose the big sign, due to this strategy.

4 0

4 years ago

One factor that shifts the consumption schedule is household wealth. Households build wealth by spending their incomes as they e

yanalaym [24]

Answer:

the correct answer is *not spending all their current incomes.

Explanation:

if you look at all the other options, they are not creating wealth but depletes it away. the only way to build wealth is by investing and saving over time. ideally, by not spending all their current income.

6 0

3 years ago