Answer:
d. Overstate, understate, understate, zero
Explanation:
The amount of earnings overall is the same. so, in the end, there is n difference in retained earnings.
But, on accrual accounting, the note should not enter the accounting as 1,000 as time value of money exist.
At 2016 the sales revenue should be the present value of 1,000 dollars not the complete 1,000 dollars. Thus, is overstated.
Then, the interest accrued from the note are not recognized. Thus, the first year (2016) recognize revenues that should be matched with 2017 and 2018
Thus, these two subsequent years ended understated.
Answer:
d.loss of $30,000
Explanation:
The initial cost of the cage: $310,000.00
Selling price: $ 20,000.00
Depreciation recorded: $260,000.00
calculating book value: (initial cost-Depreciation)
=$310,000-$260,000
Book value =$50,000.00
Profit or loss=selling price- book value.
=$20,000.00- $50,000.00
=($30,000.00)
loss of $ 30,000.00
Answer:
V = 3.5 (1 dollar circulates 3.5 times in a year)
In short term – Reduction of aggregate demand and real output
In long term – reduction of wages and increase of real output of firms
Nominal GDP will fall by $20 bilion
Explanation:
Equation of monetisation =
Total money in circulation = Total money demanded/total output
Money Supply * Money Velocity = Price Level * GDP
V = PY/M
Substituting the given values, we get –
V = 336/96
V = 3.5
This indicates 1 dollar circulates 3.5 times in a year
In short term – Reduction of aggregate demand and real output
In long term – reduction of wages and increase of real output of firms
Nominal GDP will fall by $20 bilion
Answer:
D. 10,400 units of A and none of B
Explanation:
product A
contribution margin = $41 - $32
= $9
product B
contribution margin = $29 - $19
= $10
at full capacity:
contribution for product A = 10400*$9
= $93600
contribution for product B = 5900*$10
= $59000
Since the contribution is higher for product A, The company should produce 10400 units of product A and none of B.
Answer:FALSE
Explanation: A Grid computing is a computer architectural design which can be described as a SUPERCOMPUTER SYSTEM,where all the components of a computer systems are interconnected functionally in order for them to work as a single unit.
WITH GRID COMPUTING, COMPUTER SYSTEM AND NETWORK SYSTEMS CAN BE SEEN TO ACT IN THE SAME WAY AS THE POWER GRID AS IT ALL THE COMPONENT WORK IN ORDER TO DELIVER THE NEEDS OF THE DESIGNERS OR END USERS.
