Answer: D. an understatement of expenses and an overstatement of owners' equity
Explanation:
If a purchase of merchandise was not recorded, it would mean that Purchases being <u>an expense</u> that contributes to the Cost of Goods sold would be understated.
This understatement would mean that the the Net income is overstated because the purchase expenses were never deducted from it. Net Income is part of owners' equity so if it is overstated, so is owners' equity .
Answer:
The associations between mental and physical health are: Poor mental health is a risk factor for chronic physical conditions. People with serious mental health conditions are at high risk of experiencing chronic physical conditions. People with chronic physical conditions are at risk of developing poor mental health.
Explanation:
Answer:
80, 85
Explanation:
At current price,
Quantity Demanded is less than Quantity supplied
As Qd = 55, Qs = 130
• so market is currently experiencing a surplus, as Qs > Qd
•so to adjust, market price will decrease,
so that Quantity Demanded rise & Quantity supplied falls, till Qd = Qs
• eqm Q = 105
• eqm P = $ 155
As if P falls by 1, then P = 159
Qd = 55+10 = 65
Qs = 130-5 = 125
If P = 158, Qd = 75, Qs = 120
If P = 156, Qd = 95, Qs = 110
P = 155, Qd = 105, Qs = 105
Answer:
The correct answer is: inputs such as wages and salaries to its employees, whereas implicit costs are non-expenditure costs that occur through the use of self owned resources such as foregone income.
Explanation:
The implicit costs.
Also known as opportunity costs have to do with alternative earning options, or money that we no longer receive when performing certain commercial actions.
A company incurs implicit costs when it waives an alternative action but does not make a payment. Implicit costs of a company are:
- The use of the company's own capital (money or assets).
- The use of money, assets and financial resources of the owner.
Explicit costs. They are what we usually see and are easy to identify. Even if they can present some complication for their determination, it is possible to identify them thanks to the business operation itself.
Explicit costs are paid with money. In a food company the costs recorded by the company accountant are the explicit costs, for which the company disburses cash, such as wages and salaries, truck maintenance, tolls, service payments, and so on.
Answer:
11.21%
Explanation:
the opportunity cost of capital can be determined by calculating the weighted average cost of capital
WACC = [weight of equity x cost of equity[ + [weight of debt x cost of debt x (1 - tax rate)] + [weight of preferred stock x cost of preferred stock]
0.3 x 10.76 + (0.5 x 13.91) + (0.2 x 0.65 x 7,87)
3.228 + 6.955 + 1.231
11.21%
