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Brut [27]
3 years ago
6

Suppose that the government imposes a​ $2 a cup tax on coffee. The rise in the price of a Starbucks coffee will be​ ______, coff

ee. The number of cups of coffee bought in coffee shops will​ _______.
Business
1 answer:
Scrat [10]3 years ago
5 0

Answer:

increase, decrease

Explanation:

In simple words, when the tax was imposed on the product the company will ultimately bear it to the final consumer which means the price will rise. However when the price of the product rises the demand for that product decreases due to the fact that many individuals would not be able to buy it now from their limited income, this phenomenon is called price elasticity due to income.

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A machine with a cost of $164,000, accumulated depreciation of $102,000, and current year depreciation expense of $25,500 is sol
Gre4nikov [31]

Answer:

$53,600

Explanation:

The computation of the cash flow from investing activities is shown below:

Cash flow from investing activities

Sale value of machinery $53,600

Net cash flow from investing activities $53,600

The current year depreciation expense is to be reported under operating activities and as we know that the investing activities record those activities which are held for purchased and sale of long term assets so the sale value fo machinery is only reported

4 0
3 years ago
What arethe involvement factors likely to be associated with buying a new computer?
Studentka2010 [4]

The involvement factors would be the price of the computer, the style, the model, and the things you could do with the computer.

8 0
3 years ago
A manufacturing company incurs direct materials costs of $6 per unit. The total direct materials cost is______when the company m
Alja [10]

Answer:

$12,000

Explanation:

The manufacturing company has a direct materials cost of $6

The company manufactures 2,000 unit

Therefore total direct material cost can be calculated as follows

= 2,000×6

= $12,000

Hence the total direct material cost of $12,000

4 0
3 years ago
What are four common types of changes and trends that can offer business opportunities?
Artyom0805 [142]
Some of the changes that may pose a great opportunity for business are: (1) change in the demands of the consumers (it may be in style, taste, etc) (2) rapid technology, (3) global banking opportunities, and lastly (4) government enhancing ties with the private owners of different business units. 
8 0
3 years ago
Read 2 more answers
Sunland Company manufactures and sells high-priced motorcycles. The Engine Division produces and sells engines to other motorcyc
Andreyy89

Important dsiclamer: there was a type in the question you enter 26,000 while in the textbook is for 20,000

Answer:

a. Decrease $1,200,000

Explanation:

Income before internal transfer:

revenue 3150

cost        1050

gross     2100

fixed      (2100)

operating     0

external engine purchase (3000)

net (3000)

After internal change:

revenue 1050

cost       (960)

gross profit  90

fixed     (2100)

operating (2010)

internal engine purchase (1,050)

net    (3,060)

difference -3060--3000 = 60

20,000 units x 60 = 1,200,000

8 0
3 years ago
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