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padilas [110]
3 years ago
7

1. The giving up of one benefit or advantage in order to gain another regarded as more favorable.

Business
1 answer:
Serjik [45]3 years ago
7 0

Answer:

1. Trade off

2. Opportunity cost

3. Cost-benefit analysis

4. Diminishing marginal utility

Explanation:

1. Giving up one benefit or advantage to gain another regarded as more favorable is called trade-off. Every economic decision involves some trade-off.

2. Opportunity cost is the second-best alternative or value of the alternative, that must be given up when making a choice. Because of scarce resources with alternative uses allocation of resources involves some opportunity cost.

3. Cost-benefit analysis can be defined as the process of examining the benefits and costs of each available alternative in arriving at a decision. Resources are allocated efficiently if the cost incurred and benefit earned is equal.

4. As we go on increasing the quantity consumed of a product, the marginal utility or satisfaction earned from its consumption goes on decreasing. This is called diminishing marginal utility.

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Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its $1 par common
bogdanovich [222]

Answer:

When shares are repurchased, they are recorded at the cost price in the books which means that they will be recorded at:

= 100 * 40

= $4,000

Cash will then be credited because assets are credited when they reduce.

Treasury stock will be debited to show that Equity is reducing.

Date                       Account Title                                 Debit                  Credit

June, 30                Treasury Stock                            $4,000

                               Cash                                                                       $4,000

7 0
3 years ago
Compare the types of team with the characteristics of successful team and affective team
Ainat [17]
Each team work together
3 0
3 years ago
Jackson Tires reported net sales of $80 million and total operating costs (including depreciation) of $52 million. Jackson Tires
Roman55 [17]

Answer:

d. 8.18 million

MVA is $380 million

Explanation:

Net residual Income is the value of the firm. All the preferred and required / agreed return on any the funding availed is deducted from the net earning after profit to make the value for the firm. The income purely associated to the firm is considered as the value of the firm.

Earning Before Interest and tax = Net Sales - Operating costs = $80 million - $52 million = $28 million

Net Operating profit after tax = $28 x ( 1 - 40% ) = $16.8 million

Return on investor-supplied capital = $115 million x 7.5% = $8.625 million

Value created for the firm = Net operating profit after tax - Return on investor-supplied capital = $16.8 - $8.625 = $8.175 million = $8.18 million

MVA is the net of market capitalization and stockholders equity of the firm. It is the difference of market value and book value of equity of a firm.

MVA = ( Outstanding shares x Market value of shares ) - Book value od the equity = ( 20 million shares x $25 per share ) - $120 million = $500 million - $120 million = $380 million

6 0
3 years ago
TryFit Co. uses process costing to account for the production of energy food bars. Direct materials are added at the beginning o
lubasha [3.4K]

Answer:

$37,654.00

Explanation:

beginning WIP = $13,000 + $10,000 = $23,000

costs added during the month = $42,000 + $46,000 = $88,000

total materials costs = $55,000

materials cost per EUP = $55,000 / 24,000 units = $2.29

total conversion costs = $56,000

conversion cost per EUP = $56,000 / 19,000 = $2.95

ending inventory = (10,000 x $2.29) + (10,000 x $2.95 x 50%) = $37,650

8 0
3 years ago
A broker has an exclusive right-to-sell listing on a building. An offer to purchase the building is received while the owner is
elena-s [515]

Answer:

Broker must obtain the signature of the seller to effect a contract.

5 0
2 years ago
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