1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivanshal [37]
2 years ago
7

Mr. Leghorn lives next door to Mr. Fudd. During hunting season, Mr. Fudd likes to shoot rabbits in his backyard, which activity

he values at $900. The noise from the shooting disturbs Mr. Leghorn and prevents him from taking afternoon naps, which he values at $500. If Mr. Leghorn has the legal right to stop Mr. Fudd from hunting, the socially optimal outcome is for:____________
a) Mr. Fudd to pay Mr. Leghorn between $500 and $900 to continue hunting.
b) Mr. Fudd to pay Mr. Leghorn less than $500 to continue hunting.
c) Mr. Fudd to stop hunting.
d) Mr. Leghorn to pay $500 or less to get Mr. Fudd to stop hunting.
Business
1 answer:
Dvinal [7]2 years ago
3 0

Answer:

A. Mr. Fudd to pay Mr. Leghorn between $500 and $900 to continue hunting.

Explanation:

You might be interested in
Berning Company purchased a tractor at a cost of $180,000. The tractor has an estimated salvage value of $20,000 and an estimate
scoundrel [369]

Answer:

$38,000 loss

Explanation:

For calculation of entry to record the sale of the tractor first we need to determine the total depreciation and net book value on Jan 1, 2018 which is shown below:-

Total depreciation = (Tractor cost - Salvage value) × (Hours in 2016 + Hours in 2017) ÷ Hours of operation

= ($180,000 - $20,000) × (2,400 + 2,100) ÷ 10,000

= $72,000

Net book value on January 1, 2018 = Tractor cost - Total depreciation

= $180,000 - $72,000

= $108,000

Loss on sale = Sold tractor amount - Net book value on January 1, 2018

= $70,000 - $108,000

= $38,000

8 0
2 years ago
The Saturn Company records all collections from customers (including 5% sales tax) in the Sales Revenue Account. The account bal
iris [78.8K]

Answer:

$5,000

Explanation:

Calculation for what the Sales Tax Payable will be:

Sales Tax Payable=5% sales tax*Account balance $100,000

Sales Tax Payable=$5,000

Therefore the Sales Tax Payable will be: $5,000

8 0
3 years ago
Consider the following uneven cash flow stream: Year Cash Flow 0 $0 1 $250 2 $400 3 $500 4 $600 5 $600 What is the present (Year
viva [34]

Answer:

The correct answer is: $1715,87

Explanation:

To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

The formula is:

             n

<h3>NPV= ∑ [Rt/(1+i)^t] - I0</h3>

            t-1

where:

R t​     =Net cash inflow-outflows during a single period t

i=Discount rate of return that could be earned in alternative investments

t=Number of timer periods

<u>In this exercise:</u>

NPV= 0+ 250/1,10^1 + 400/1,10^2 + 500/1,10^3 + 600/1,10^4 + 600/1,10^5

<u>NPV= $1715,87</u>

7 0
3 years ago
Market Corporation owns​ 100% of Subsidiary​ Corporation's stock. Market Corporation completely liquidates Subsidiary​ Corporati
ella [17]

Answer:

c. $500,000.

Explanation:

Market Corporation has a basis in the land of $500,000.

We are told in the question that ''Market Corporation completely liquidates Subsidiary​ Corporation, receiving land with a​ $400,000 adjusted basis and a​ $500,000 Fair Market Value''

In the event of liquidation the value of an asset is no longer its carrying amount or book value but rather the amount at which the asset can be disposed which is the fair market value.

3 0
3 years ago
Four portfolio managers have generated superior performance against each of their benchmarks and the stock market in general. Th
rusak2 [61]

Answer:

<u>d. Increases allocation to any stock that changes its corporate name</u>

<u>Explanation</u>:

This manager that does this practice is least likely to replicate performance because that is an unprofessional practice.

In most cases when there is a change in the name of a stock it indicates a red signal that the stock price is bad and thus the company may decide to change it's name, thus the future performance of the company diminishes.

5 0
3 years ago
Other questions:
  • A shoe factory sells a certain brand of shoes for $50 per pair. After a celebrity
    9·2 answers
  • What is the role of the entrepreneur in the modern economy?
    14·2 answers
  • A small change in the rate of productivity growth will have a large impact on output in the short run but a small impact in the
    9·1 answer
  • Granite Company purchased a machine costing $133,000, terms 2/10, n/30. The machine was shipped FOB shipping point and freight c
    14·1 answer
  • Inflating your expenses for a company-sponsored conference that discredits the profession is a violation of what ethical​ standa
    11·1 answer
  • Write a generalization about the relationship between price and the quantity supplied
    5·1 answer
  • A contractual arrangement under which the franchisor grants the franchisee the right to sell certain products, to perform specif
    14·1 answer
  • On January​ 1, 2018, Wonderland Sales issued $28,000 in bonds for $20,300. These are eight−year bonds with a stated interest rat
    12·1 answer
  • Belltone Company made the following expenditures related to its 10-year-old manufacturing facility: 1. The heating system was re
    6·1 answer
  • The product market is the place where _______. Multiple choice question. businesses sell resources and households buy resources
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!