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Pavlova-9 [17]
3 years ago
13

Moe has a big exam tomorrow. He considered studying this evening, but decided to go out with Curly instead. Since Moe always cho

oses rationally, it must be true that:
A. the opportunity cost of studying tonight is less than the value Moe gets from spending time with Curly.

B. the opportunity cost of studying tonight is equal to the value Moe gets from spending time with Curly minus the cost of earning a low grade on the exam.

C. Moe gets more benefit from spending time with Curly than from studying.

D. Moe gets less benefit from spending time with Curly than from studying.
Business
1 answer:
topjm [15]3 years ago
4 0

Answer:

A

Explanation:

It would not be C because it is not specific enough. Moe must feel confident enough about the exam that does not feel the need to study on this particular night, and that his time would be better spent with Curly.

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The government regulates financial markets for two main reasons: A. to ensure that financial intermediaries do not earn more tha
Keith_Richards [23]

Answer:

C. to improve control of monetary policy and to increase the information available to investors.

Explanation:

  • The government regulates the financial markets for the investor as they ate fully informed and are free from the manipulation and thus the financial markets are made strong by the government and more stable for work.
4 0
3 years ago
Invertebrates have a (an) ____ which provides a support framework.
andrew11 [14]
<span>Invertebrates is the largest group in the animal kingdom. 97 percent of all animals are invertebrates. Their main characteristic is that they </span>do not have backbones.<span>
Invertebrates have an </span>exoskeleton which provides a support framework.Exoskeleton<span> is an external anatomical feature that supports and protects the animal's body. </span>
8 0
3 years ago
The City of Troy collects its annual property taxes late in its fiscal year. Consequently, each year it must finance part of its
Digiron [165]

Answer:

A. $1,460,000

B. General Fund:

Dr Cash $1,460,000

Cr Tax Anticipation Notes Payable $1,460,000

Governmental Activities:

Dr Cash $1,460,000

Cr Tax Anticipation Note Payable $1,460,000

C. General Fund:

Dr Tax Anticipation Note Payable $1,460,000

Dr Expenditures $43,800

Cr Cash $1,503,800

Governmental Activities:

Dr. Tax Anticipation Note Payable $1,460,000

Dr Expenses-General Government $43,800

Cr Cash $1,503,800

Explanation:

A. Calculatation for the estimated amount of tax anticipation financing

Estimated Expenditures Requirements:

Budgeted Expenditure, remainder $2,500,000

Add Current Liabilities Payable $830,000

Total $3,330,000

Estimated Resources Available:

Cash on hand $770,000

Add Collection of budgeted revenues and delinquent property taxes $1,100,000

Total $1,870,000

Estimated Anticipation Note Financing $1,460,000

($3,330,000-$1,870,000)

Therefore the Estimated Anticipation Note Financing is $1,460,000

B. Preparation of the journal entry to record the issuance of the tax anticipation notes in the general journals

General Fund:

Dr Cash $1,460,000

Cr Tax Anticipation Notes Payable $1,460,000

( To record the insuance of tax anticipation note payable)

Governmental Activities:

Dr Cash $1,460,000

Cr Tax Anticipation Note Payable $1,460,000

C. Preparation of the general journals of the General Fund and governmental activities

General Fund:

Dr Tax Anticipation Note Payable $1,460,000

Dr Expenditures $43,800

(1,460,000*6%*6/12)

Cr Cash $1,503,800

(1,460,000+43,800)

Governmental Activities:

Dr. Tax Anticipation Note Payable $1,460,000

Dr Expenses-General Government $43,800

(1,460,000*6%*6/12)

Cr Cash $1,503,800

(1,460,000+43,800)

(Being the payment for tax and interest)

7 0
3 years ago
(root 1 + Cos A )/(root 1 minus Cos A)​
WITCHER [35]

Answer:

??????????????????????????????

5 0
3 years ago
The Converting Department of Worley Company had 2,400 units in work in process at the beginning of the period, which were 35% co
irinina [24]

Answer:

Equivalent units

Materials    = 12,700 units

Conversion cost =  11,940 units

Explanation:

<em>Equivalent Units E.U) are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work.</em>

<em>Equivalent Units = Degree of completion (%) × units</em>

<em>We will use the weighted average method</em>

<em>Weighted average method</em>

<em>The weighted average method of valuation of work in progress does not separate opening work-in progress from the newly introduced.</em>

<em>Using the weighted average method</em>

<em />

<em>Equivalent unit for material cost</em>

Since direct materials are added at the the beginning of the production process the equivalent unit of direct material

EU = (100% × 10,800) + (100% ×1900) = 12700

<em>Note that 100% represent the degree of completion.</em>

<em />

Equivalent unit for conversion cost

<em>Item                                                   Equivalent unit</em>

Transferred out         100%× 10,800 = 10,800

Closing inventory     60%  ×1900 =     <u>  1140</u>

Total equivalent unit =                         <u>11,940</u>

5 0
3 years ago
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