Look this up this is really hard to understand
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
The journal record is attached.
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet.
Answer:
$221,100
Explanation:
Investing activities: It tracks activities that include buying and selling long-term assets. The buying is a cash outflow whereas the selling is a cash inflow
The computation is shown below
Cash flow from Investing activities
Add: Sale of equipment $51,300 ($65,300 - $14,000)
Less: Purchase value of a new truck - $89,000
Add: Sale of land $198,000
Add: Sale of long term investments $60,800
Net Cash flow from Investing activities $221,100
As the number of sellers in an oligopoly becomes very large, the quantity of output approaches the socially efficient quantity.
An Oligopoly is when there are few large firms operating in an industry.
Characteristics of an oligopoly:
- Firms set the price for their product
- Products are differentiated
- The demand curve is downward sloping
- There is a high barrier to entry and exit of firms into the industry.
As the number of firms increase in an oligopoly, the quantity and price approaches what would exist in a perfect competition. As the number of firms in an oligopoly decreases, the price and quantity produces approaches that would be exist in a monopoly.
To learn more about oligopolies, please check: brainly.com/question/14136347
Answer:
John's estimated cost of owning and driving the car for three years is $17,500
Explanation:
The computation of the estimated cost for the three years is shown below:
= Purchase cost of Toyota + (annual cost of maintenance, registration, insurance, and gas × Number of years) - selling cost or scrap value
= $20,000 + ($1,500 × 3) - $10,000
= $20,000 + $7,500 - $10,000
= $27,500 - $10,000
= $17,500
The selling cost should be deducted so that accurate value can come and the annual cost is given for one year only but we have to compute for the three years so we multiply it by three years.
