Answer:
Land 90,000 debit
Building 270,000 debit
Cash 360,000 credit
--to record the purchase of land and a building atached to the ground--
Explanation:
To know the values we will calcualte the weights of each concept according to their fair values.
Then, we multiply these weight by the actual amount at which we purchased.
Land 100,000
Building <u> 300,000 </u>
Total 400,000
land weight: 100,000/400,000 = 25%
buidling weight: 300,000 / 400,000 = 75%
land enter the accounting as 25% of 360,000 = 90,000
building will we posted as 75% of 360,000 = 270,000
Answer:
The correct answer is letter "D": the more substitutes a good has.
Explanation:
Price elasticity of demand is the result of the relation between changes in price and quantity demanded for a good or service. <em>Price elasticity of demand is calculated dividing the percentage change in quantity demanded by the percentage change in price.</em> If the result is equal to or greater than 1, the demand is elastic. This situation implies a minimum change in price will affect by far the quantity demanded of that good or service.
Thus,<em> products with many substitutes are elastic because a minimal change in their price would represent a large change in quantity demanded since consumers will find similar products that satisfy their needs in the same proportion.</em>
Answer:
The description as per the given question is described below.
Explanation:
The given value is:
Joint costs of processing,
= $150,000
According to the question,
The ratio of sale value will be:
= 
= 
On adding we get,
= 
= 
hence,
The amount of joint cost allocated to each product will be:
Sugar,
= 
=
($)
Sugar syrup,
= 
=
($)
Fructose syrup,
= 
=
($)
Answer:
C. What the program will ultimately cost the federal government
Explanation:
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act. It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity. It also provided for voluntary prescription drugs under the medicare program. However, the utilization and cost of the program skyrocketed as soon as the funding source was established. It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.
Answer:
The best way would be over email is the best way to get your report to ...
Explanation:
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