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Leno4ka [110]
3 years ago
15

One HEADLINE article in the text, "Bitter Florida cold drives up orange juice prices," describes the impact of a freeze on Flori

da crops. What will happen to the equilibrium quantity of citrus crops if the supply decreases?

Business
1 answer:
kirill115 [55]3 years ago
5 0

Answer:

The equilibrium quantity will decrease

Explanation:

There will be a reduction in the supply of citrus crops and also reduction in orange juice produces from these fruits.

A shift in supply to the left will occur as a result of the cold. This will also result in reduction in equilibrium quantity demanded.

This is illustrated bin the attached diagram

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Project managers typically use ________, also called analogous estimating or the ______ method when there is a past history of s
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1. top-down

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Based on the manufacturing industry standards, Project managers typically use TOP-DOWN also called analogous estimating or the APPORTION method when there is a past history of similar projects and rough-cut estimates are needed for strategic purposes two to five years out because, as estimating methods go, it is faster and less expensive.

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2 years ago
"The average monthly rent for a two-bedroom apartment in City A is $820 with a standard deviation of $86. The average monthly re
kicyunya [14]

Answer:

Explanation:

 We shall apply the concept of coefficient of variation to know the consistency of data

coefficient of variation

= standard deviation / mean or average

In case of City A

coefficient of variation  = 86 / 820

= .1048

In case of City B

coefficient of variation  = 75 / 790

= .0949

Since it is less for city B , rent for this city is more consistence or with less of variation

So the conclusion  is false.

6 0
2 years ago
At the end of 2013, its first year of operations, Slater Company reported a book value for its dependable assets of $40,000 for
Irina-Kira [14]

<u>Solution and Explanation:</u>

SC's Depreciable assets for the purpose of financial reporting and income taxes were $40000 and $33000 respectively. Its taxable income is$97000.Temporary difference will be there because of Depreciation.

Temporary Difference=Financial reporting Dep-Income tax depreciation

=40000 minus 33000

=7000

Pretax financial income=taxable income+Temporary Difference  

=97000+7000=$104000

Deferred tax liability=7000 multiply 30%=2100

Income tax expense=104000 multiply 30%=31200

Income tax payable=97000 multiply 30%=29100

Dec 31 Income Tax ExpensenA/C Dr. $31200

                     To Income Tax Payable A/C $ 29100

                       To Deferred Tax Liability A/C $ 2100

<u> Answer:b </u>

Slatter Company

Partial Balance Sheet

December 31, 2013

Noncurrent Liabilities

Deferred Tax Liability $2100

5 0
3 years ago
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