Answer:
Explanation:
The government needs to be on top of these situations because each of these factors plays a huge role in the wellness and size of a population. A market economy needs a certain healthy and large population in order to function correctly. The population needs to produce the products and services while at the same time purchasing those products and services from one another in order for the market cycle to function. If such factors as disease and pollution make people sick it will severely cripple the market economy.
The Cost of Good Sold is $36,000 lower than it should have been and the net income is $36,000 higher than it should have been.
There are two formulas that are important to know for this question. The first is Beg. Inventory + Purchases - Ending Inventory = COGS. The second formula is Sales - Cost of Good Sold = Gross Profit.
If you reported a higher ending inventory it is going to result in a lower value for Cost of Good Sold. In this case the company had too high of an ending inventory by $36,000, which mean that the COGS is $36,000 lower than actual.
When you have a COGS that is lower than it should be you are going to have a gross profit which is overstated. The Income is overstated by $36,000.
Answer: hello your question is poorly structured attached below is the missing graph and missing part of the question
Assume the government imposes a $1.00 excise tax on the sale of every 2 liter bottle of soda. The tax is to be paid by the producers of soda. The figure below shows the annual market for 2 liter bottles of soda before and after the tax is imposed.
answer :
a) $2 , 4 billion
b) $2.5
c) $1.5
d) 3 billion
e) $3 billion
Explanation:
a) equilibrium price = $2 per bottle
equilibrium quantity = 4 billion bottles
<u>b) After imposition of excise tax </u>
consumers will pay = $2.5
<u>c) The amount producers keep after the imposition of taxes </u>
= $2.5 - tax
= 2.5 - 1 = $1.5
<u>d) New equilibrium quantity ( after tax is imposed ) </u>
= 3 billion bottles ( from graph attached ) i.e. intersection of S2 and D
e)<u> Amount of tax revenue collected by the government from the imposition of tax </u>
= quantity of bottles sold * $1
= 3 billion * $1 = $3 billion
Answer:
$100,000
Explanation:
Cash flow = $10,000
Interest rate = 3%
Growth = -7%
Value of this mining operation = Cash / (Rate - Growth)
Value of this mining operation = $10,000 / (3% -(-7%)
Value of this mining operation = $10,000 / 10%
Value of this mining operation = $10,000 / 0.10
Value of this mining operation = $100,000
