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3 years ago

Recording estimates of future discounts LO P6 ProBuilder has the following June 30 fiscal-year-end unadjusted balances:

Business

1 answer:

Wittaler [7]3 years ago

5 0

Answer:

A. Date Account Title and Explanation Debit Credit

June 30 Sales discounts $72

($2,400 * 3%)

Allowance for sales discounts $72

(To record the expected sales discounts)

B. Date Account Title and Explanation Debit Credit

June 30 Sales Discounts $62

($72 - $10)

Allowance for sales discounts $62

(To record the expected sales discounts)

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What is the amount of asset for blue top taxi company? A.900 B.1100 C.2000 D. 2900

harkovskaia [24]

B it is b because i would like it to be B please

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3 years ago

What will happen to the firms equilibrium wage rate when the supply of labour decrease from 25 to 15? Explain with the help of d

Tpy6a [65]

Answer:

Wage rate = $960

Explanation:

Supply of labor is the number of hours workers are willing to work at a given real wage rate. When wage rate increases, supply of labor also increases because more people are encouraged as now they can obtain a higher income. When wage rate decreases, labor supply also decreases.

View diagram

In this case, however, there has been a decrease in supply, causing the supply curve to shift from S to S1. This can be due to many reasons such as migration, increase in minimum working age or increase in interest in education causing more people to study. When the supply of labor falls, there are less people available for work. Thus, demand exceeds supply, causing a shortage. Hence, the pressure causes price, i.e. wage rate to increase. To determine by how much the increase is, cross-multiplication can be used:

At 25 laborers, wage rate is $600 (25 = 600)

At 15 workers, wage rate is X (15 = X)

We now substitute for X, which is the amount by which wage rate will increase.

25 / 600 = 15 / X

Thus, 25X = 9000 (600 x 15)

9000 / 25 = X

X = 360.

Hence, wage rate at 15 laborers is 600 + 360 = $960

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3 years ago

Jamal has owned his home for about 5 years. his refrigerator needs to be replaced and jamal is thinking about buying an energy s

ipn [44]

Answer - A (7 years)

WORKINGS

To calculate how long it would take for the new refrigerator to pay for itself in lower utility costs, the cost of new refrigerator will be divided by lower utility cost per year

Cost of new refrigerator = $598

TO CALCULATE LOWER UTILITY COST PER YEAR

At a cost of only 12 cents per day

Annual cost will be 12 X 365 = 4380 Cents ($43.8)

Cost saved annually = Cost of old refrigerator – Cost of new refrigerator.

Lower utility cost per year = $132 – $43.8

Lower utility cost per year = $88.2

How long would it take for the new refrigerator to pay for itself in lower utility costs?

$598 ÷ $88.2

= 6.78 years

Approximately 7 years

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3 years ago

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raketka [301]

Answer:

The correct answer is Unemployed

Explanation:

Unemployment, in the labor market, refers to the situation of the citizen who lacks employment and, therefore, salary. By extension, it is the part of the population of age, conditions and willingness to work - active population - that lacks a job.1 To refer to the number of unemployed people in the population, the unemployment rate by country or other is used territory. The situation contrary to unemployment is full employment.

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3 years ago

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Answer:

The answer is: $0

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3 years ago