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Elina [12.6K]
3 years ago
14

Sam was willing to contribute $20 this year to his local college radio station. However, after learning that the radio station h

ad already met its goal of raising $400,000, he decides not to contribute, because he knows he can listen to it without contributing.
This is an example of which of the following?

a) A deadweight loss
b) A negative externality
c) An opportunity cost
d) The free-rider problem
Business
1 answer:
sveticcg [70]3 years ago
4 0

Answer:

The correct answer is d) The free-rider problem .

Explanation:

This term refers to a problem in economics where a person who is known as a stowaway, benefits from using a service or consuming a product without paying anything for it. In this case Kevin should contribute to the radio station, since regardless of whether what was expected in a given period has been raised, just being committed is enough to have the obligation to contribute for the maintenance of the station over time.

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Company A purchases Company B. This is a 100% equity purchase which means that Company A acquires all of the Company B assets an
Drupady [299]

Answer:

Company A and Company B

Calculation of Goodwill on Acquisition:

= $212,433

Explanation:

a) Current market value of:

 Tangible physical assets = $1,234,567

  Intangible asset =                 $125,000

Total assets' value =            $1,359,567

less Liabilities:

  Operating =  $160,000

  Financial =     600,000      ($760,000)

Net value of assets =             $599,567

Purchase Price (Company B) $812,000

Goodwill                                  $212,433

b) Company A acquired Goodwill when it bought over Company B.  This is an intangible asset which is calculated by subtracting the net value of assets (the difference between the fair market value of the assets and liabilities) from the purchase price of the acquired subsidiary.

3 0
3 years ago
Cullumber Company had a beginning inventory on January 1 of 75 units of Product 4-18-15 at a cost of $18 per unit. During the ye
lora16 [44]

Answer:

Weighted average:

EI:            2,290

COGS:     9, 160

LIFO

EI:            2,400

COGS:     9,050

FIFO

EI:            3,000

COGS:     8,450

Explanation:

beginning 75 units at $ 18 = $  1,350

Mar. 15    200 units at $21 =  $ 4,200

Sept. 4    175 units at $24 =  $ 1,800

July 20   125 units at $22 =  $ 2,750

Dec. 2      50 units at $27 =  $ 1,350

total units:  625 units cost of goods available: 11,450

average cost: 11,450/625  =  $ 18.32 per unit

inventory units: 625 - 500 = 125 units

Weighted average:

EI:          125 x $18.32 = 2,290

COGS: 500 x $18.32 = 9, 160

500 units were sold

LIFO:

last units are sold while frist are inventory

ending inventory

beginning 75 units at $ 18 = $  1,350

Mar. 15      50 units at $21 =  $<u>  1,050  </u>

                                  Total      2,400

COGS: available - ending inventory

11,450 - 2,400 = 9,050

FIFO

first units are sold while last are inventory

Dec. 2      50 units at $27 =  $ 1,350

July 20     75 units at $22 =  $ <u>1,650   </u>

                                  Total      3,000

COGS: available - ending inventory

11,450 - 3,000 = 8,450

7 0
3 years ago
Beck Company has inventory of​ $725,000 in its stores as of December 31. It also has two shipments in transit that left the​ sup
FrozenT [24]

Answer:

Total Inventory            $899,000

Explanation:

Inventory at hand            $725,000

Inventory in transit     $102,000

Inventory in consignation   $72,000

Total Inventory            $899,000

<u>Notice:</u>

<em> The first cargo </em>is under term FOB destination, which means the goods are still property of the seller, so are not part of Beck company's yet.

<em>While the second cargo</em> is fob shipping point, Beck assume possesion of the gods as soon as they enter the dock.

3 0
3 years ago
When the firms in the industry are just able to cover their cost of production, economic profit is zero. Therefore, if demand fa
egoroff_w [7]

Answer:false

Explanation:

7 0
3 years ago
_____ focus primarily on the creation and sale of securities to help companies, governments, and large institutions achieve thei
I am Lyosha [343]

Investment banks focus primarily on the creation and sale of securities to help companies, governments, and large institutions achieve their financing objectives.

<h3>What are Investment Banks?</h3>
  • A provider of financial services that serves as a middleman in significant and intricate financial transactions is known as an investment bank.
  • When a young firm is ready to launch its Initial Public Offering (IPO) or when a company combines with a rival, an investment bank is typically engaged.
  • Additionally, it serves as a financial advisor or broker for major institutional clients such as pension funds.
  • An investment bank's advising division receives compensation for its services. Based on how well the trading division does on the market, commissions are earned.
  • As previously mentioned, many also have retail banking divisions that generate revenue by lending money to individuals and companies.

To learn more about Investment banks refer to:

brainly.com/question/15390021

#SPJ4

7 0
1 year ago
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