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3 years ago

When a buyer’s willingness to pay for a good is equal to the price of the good, the?

Business

1 answer:

viktelen [127]3 years ago

7 0

Measures the value that a buyer places on a good

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22. On January 1, 2021, Princess Corporation leased equipment to King Company. The lease term is eight years. The first payment

ss7ja [257]

Answer:

$293,980.13

Explanation:

Calculation of how much of the interest revenue Princess will record in 2022 on the lease

First Step is to find the interest for year 2021

Present Value January 1, 2021 $3,961,183

Less Payment January 1, 2021 (675,000)

=$3,286,183

Hence,

2021 Interest =$3,286,183× 10%

2021 Interest = $328,618.3

Second Step

Second Payment $675,000

Less Interest (328,618.3)

Reduced balance $346,381.7

Third Step is to find the how much interest revenue will Princess record in 2022 on the lease

2021 $3,286,183

Less Reduced balance (346,381.7)

January 1 2022 Liability = $2,939,801.3× 10%

2022 Interest Revenue =$293,980.13

Therefore the amount of interest revenue that Princess will record in 2022 on the lease will be $293,980.13

8 0

3 years ago

A country is attempting to measure its growth rate in technology. This is: possible to estimate using the growth accounting equa

ankoles [38]

Answer:

A. This is: possible to estimate using the growth accounting equation.

Explanation:

Grow rate in technology is estimated using the following accounting equation stated in the Solow-Swan model:

Grow rate in technology = {Grow rate of productivity} - 1/3 {Grow rate of capital per hour of work}

This equation is derived from the predicting model that predicts a balanced-growth equilibrim economy. This estimated technical progress is refered to the disembodied technical progress, understood as the technology which allows increase the output from stated inputs.

6 0

3 years ago

Both mia and mario produce only the item in which they have a comparative advantage. then they trade one pasta for one pizza. be

IgorC [24]

Jxksopoanx ffkrpelals did hahahahaha

4 0

3 years ago

Read 2 more answers

True or false: the lower the interest rate the lower the present balue of a set of mult

Romashka [77]

True the lower the intrest rate the lower the present value of a set of a mult

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3 years ago

Use the following information for Shafer Company to compute inventory turnover for year 2.

lidiya [134]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Year 2 Year 1

Net sales $651,500 $583,700

Cost of goods sold 389,300 360,920

Ending inventory 78,500 80,180

To calculate the inventory turnover, we need to use the following formula:

Inventory turnover= Cost of goods sold/ average inventory

Average inventory= (beginning inventory + ending inventory) / 2

Average inventory= 158,680/2= 79,340

Inventory turnover= 389,300/79,340

Inventory turnover= 4.91

7 0

3 years ago