Answer:
$55,000
Explanation:
Data provided in the question:
Income in 2016 = $50,000
Nominal income in 2017 = $70,000
CPI in 2016 = 100
CPI in 2017 = 110
Now,
Purchasing power in 2017 = [ CPI of 2017 ÷ CPI of 2016 ] × Income in 2016
or
Purchasing power = [ 110 ÷ 100 ] × $50,000
or
Purchasing power = 1.1 × $50,000
or
Purchasing power = $55,000
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Answer and Explanation:
The preparation of cash flows from operating activities is shown below:-
Net Loss $1,050,000
Add:
Decrease in accounts receivable $360,000
Add: Decrease in inventory $300,000
Less: Increase in prepaid expenses ($170,000)
Less: Decrease in accounts payable ($275,000)
Less: Decrease in accrued expenses
payable ($100,000)
Add: Depreciation $60,000 $175,000
Cash flows from operating activities $1,225,000
Answer:
You should increase production.
Explanation:
According to microeconomic theory, the equilibrium point for production is where the value of marginal cost equals the price. While the marginal cost be less than price, is accurate to say that cost productions are not being minimized. This minimization of cost is reach exactly when the marginal cost equals the price.
Answer:
$270,000
Explanation:
Net capital spending = Increase in net fixed assets + Depreciation expenses
= [ Net fixed assets at year end - Net fixed assets at the beginning ] + Depreciation expenses
= [$5,200,000 - $4,600,000] + $330,000
= $600,000 - $330,000
= $270,000
