<span>The answer is that the government will be forced to spend $15,000,000.
government imposes a price floor on wheat at $5
there will be a surplus of $3,000,000
</span><span>the government will be forced to spend = $5 x $3,000,000 = $15,000,000</span>
Answer: $225,000
Explanation:
Given that,
Company acquired a mine = $970,000 of this amount,
Land value = $100,000 and remaining portion to the minerals in the mine
Ore appear to be in the mine = 12,000,000 units
Aristotle incurred development costs = $170,000
fair value of its obligation = $40,000
ore were extracted = 2,500,000 units
Units sold = 2,100,000
=
= $0.09 depletion per unit
The total amount of depletion for 2017 = depletion per unit × ore were extracted
= $0.09 × 2,500,000
= $225,000
Answer: d. any of the choices.
Explanation:
Chaz is not to transfer the duties to a third party if Dolly got into the agreement with Chaz for any of the following;
- If Dolly places special trust in the ability of Chaz to perform the maintenance then that trust should not be broken by transferring the duties to a third party. Dolly went into that contract because they trusted in the abilities of Chaz.
- If Dolly went into the contract due to the personal skills or talents of Chaz, the duties against would be non-transferable. Chaz's skills were the reason the contract was signed, if these skills are not to be used then the contract will be baseless.
- By signing with Chaz, Dolly expects a certain level of performance. If the performance that will be made by a third contracting party is materially different from the one that Dolly would have expected from Chez, the duties will not be transferable.
Answer:
8.94%
Explanation:
Firstly, we will need to find total equity and total debt of Harrington Inc inorder to apply the Dupont equation for getting ROE
Harrington's total debt = 15.00 % × $250,000
= $37,500
Harrington's total equity will be; applying accounting equation
Asset = Liabilities + Owner's equity
Owner's equity = Assets - Liabilities
= $250,000 - $37,500
= $212,500
Therefore, using the Dupont equation, we can calculate the ROE as;
(NI/Sales) × (Sales/Total assets) × (Total assets/Total common equity)
= 19,000/325,000 × 325,000 /250,000 × 250,000/212,500
= 8.94%
The aggregate<span> demand curve, like most typical demand curves, slopes downward from left to right. Demand increases or decreases along the curve as prices for goods and services either increase or decrease. In addition, the curve can </span>shift<span> due to </span>changes<span> in the money </span>supply<span>, or increases and decreases in tax rates.</span>
