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Elena L [17]
4 years ago
8

Answer the question on the basis of the following production possibilities table for two countries, North Cantina and South Cant

ina.
Refer to the table. If South Cantina is producing at production alternative F, the opportunity cost of the first unit of capital goods will be

A.1/2 of a unit of consumer goods.
B.1 unit of consumer goods.
C.27 units of consumer goods.
D.2 units of consumer goods.

Business
1 answer:
Viktor [21]4 years ago
6 0
The answer is c
hope this helpful
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On June 17, the Lattern Company issued 120,000 shares of its $0.10 par value common stock in exchange for land. On the date of t
Aloiza [94]

Answer:

The answer is A. Debit: Land, $1,200,000

Explanation:

The journal entry Lattern Company needs to record is:

Dr Land 1,200,000

Cr Common share 12,000

Cr Paid-in capital - Common share   1,188,000

As 120,000 shares is exchanged for the land and the share is traded in the exchange, the value of the land should be recorded at the market price of these 120,000 shares or 120,000 x 10 = $1,200,000.

Common share account is recorded at par value x number of shares issued = 0.1 x 120,000 = $12,000 while Paid-in capital-Common share account records the difference between market price and par value at the time of shares issuance or ( 10 - 0.1) x 120,000 = $1,188,000.

Thus, the correct answer is A. Debit: Land, $1,200,000

5 0
4 years ago
Lorenzo just graduated from college and is now in the market for a new car. He has saved up $4,000 for a down payment. He's deci
Georgia [21]

Answer:

Please see attachment

Explanation:

Please see attachment

5 0
3 years ago
or each of the following situations, indicate the liability amount, if any, that is reported on the balance sheet of Bloomington
ra1l [238]

Answer:

Bloomington Inc.

Indication of Liability Amount on the Balance Sheet at December 31, 2019:

Situation            Liability Amount

a.                        $220,000

b.                        $0

c.                        $3,100

d.                        $0

Explanation:

For Bloomington to recognize a liability or record it in its financial statements, the probability that an outflow of economic resources will occur in the future must be established.  Bloomington must also be able to reliably measure the amount of the liability.  These two conditions are satisfied in situations A and C.  For situation B, the contract is not in force as at December 31, 2019, since the drill press will be purchased in January, 2020.  Lastly, for situation D, the amount of the profit-sharing bonus cannot be reasonably and reliably ascertained because the amount to apply the 5% is not clear or known.

8 0
3 years ago
At the morning status meeting, everyone goes around the room and shares what has happened overnight with the computer system and
AlekseyPX

Answer: (A) He is an initiating-structure leader

Explanation:

  According to the given question, the Joel is basically refers to the initiating structure leader as this type of leaders initiating various types of action and the activities and it is also known as the task specific .

The main objective of initiating the structure leader is to achieve the desirable goals and focus on accomplished the given task.

The following are the function that is typically performed by the initiating-structure leader are as follows:

  • Coordinating the given task
  • Firstly initiating the actions  
  • Setting the desirable goals  
  • Motivating  

Therefore, Option (A) is correct answer.

8 0
3 years ago
Use the supply schedule below to answer the questions that follow.Supply of Flower Bouquets
Viefleur [7K]

Answer:

75 bouquets

Decrease 50

Explanation:

Supply is the amount of goods and services supplied at different prices.

According to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

B. According to the table provided, when price was $30, 75 bouquets were ordered but when price was $20, 25 bouquets were ordered.

the supply would decrease by 75 - 25 = 50

6 0
3 years ago
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