All categories

2 years ago

The following information is available for Birch Company at December 31:

Business

1 answer:

sp2606 [1]2 years ago

8 0

Answer:

Cash and cash equivalents = $29420

Explanation:

Cash = $21430 + $200 = $21630

Cash equivalents= money market fund + Treasury bill = 2790 + 5000 = $7790.

Cash & cash equivalents at Dec 31 = 21630 + 7790 = $29420.

You might be interested in

If the Federal Reserve increases the reserve requirement, what effect will this have on the nation’s money supply? a. Increase t

dem82 [27]

The correct answer is c)

3 0

2 years ago

Consumer surplus Select one: a. is the amount of a good that a consumer can buy at a price below equilibrium price. b. is the am

Burka [1]

Answer:

b. is the amount a consumer is willing to pay minus the amount the consumer actually pays.

Explanation:

Consumer surplus = willingness to pay less price of the good.

Let assume a student is willing to pay $30 for a book and the price of the book is $15. The student's consumer surplus is $30 - $15 = $15

I hope my answer helps you

8 0

2 years ago

A construction company plans to build a certain number of apartment buildings and stores on a piece of land. This PPC shows the

Bond [772]

Answer 1) Option B) Shift to the right.

Explanation : If the amount of land available to the company increases, the PPC will shift to the right. As the graph indicates, the PPC will grow by shifting on right side as the company is acquiring more land for building purpose.

Answer 2) Option C) Remain Unchanged.

Explanation : The company realizes it cannot construct any buildings on a portion of the land because it is at risk of a cave-in.

In this case, the PPC will remain unchanged. When the company realizes that no construction can be done on the portion of land because of its hollowness the PPC will remain to be undisturbed.

5 0

2 years ago

Read 2 more answers

Vikki [24]

Answer:

Brand performance

Explanation:

Brand performance is the concept that compares and contrasts the goals a brand sets and how it meets those targets.

Therefore, brand performance is the concept that describe how well a market fulfills customers needs.

The answer is D

6 0

3 years ago

Consider a $1200 investment for a new plant that is expected to have a Residual Value of $200 in five years. What is the Salvage

deff fn [24]

Answer:

$173

Explanation:

The computation of the salvage value at the end of year 5 is given below:

Cost of the asset $1,200

Multiply with the depreciation rate 5.76%

Book value at the 5 year end = $69

Resale value $200

gain on sales $131

Multiply with the Capital gain 21%

tax on gain $27

After tax gain on salvage value $173 ($200 - $27)

3 0

2 years ago