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scoray [572]
3 years ago
11

Anna works at Zeal-Us Inc. She and her coworkers have been going on strike for two hours every alternate day in protest against

the unfair termination of one of their colleagues. However, they have not been authorized to do so by their union. This is an example of a _____.
Business
1 answer:
cestrela7 [59]3 years ago
7 0
Difficult workers or Workers on strike
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On January 1, 2021 Rastell Co signed a long term finance lease for an office building. The terms of the lease required Rastall t
Alinara [238K]

Answer:

$145,726

Explanation:

Note: <em>The options to this question belongs to another question entirely and that is attached as picture. So, the correct answer is not among the 4 options</em>

Interest expense = Present value of lease payment * Interest rate

Interest expense = $151,146 * 7%

Interest expense = $10,580.22

Particulars                                                                           Amount

Present value of lease payment                                       $151,146

Add: Interest expense                                                       $10.580

Less: Annual Payments                                                     <u>($16,000)</u>

Lease Payable on December 31, 2021 Balance Sheet  <u>$145,726</u>

7 0
2 years ago
Gomez runs a small pottery firm. He hires one helper at $15,000 per year, pays annual rent of $6,500 for his shop, and spends $2
Nady [450]

Answer

Gomez's business accounting profit amounted to $37500 while economic profit is $6000

Accounting profit is simply deducting explicit costs from revenue.Explicit costs are costs that require actual cash flow from the entity.

Economic profit on the other hand is calculated by deducting both explicit and implicit costs from revenue.

Implicit costs are costs relating to alternative opportunities forgone.

Explanation:

Both accounting and economic profits are highlighted below:

Accounting profit=Total revenue-explicit costs  

Revenue                 $82,000  

Helper's wages  ($15,000)

Rent                   ($6,500)

Materials                   ($23,000)

Accounting profit     $37,500  

 

Economic profit =Revenue -explicit costs-implicit costs  

Revenue                               $82,000  

Helper's wages                ($15,000)

Rent                                 ($6,500)

Materials                                 ($23,000)

Return lost money invested  ($6,000)

Lost income from porter's offer     ($20,500)

Entrepreneur's talent             ($5,000)

Economic profit =                       $6,000  

8 0
2 years ago
Simon owns stock that has declined in value since acquired. He has decided either to give the stock to his nephew, Fred, or to s
Rudiy27

Answer:

It appears on the surface that Simon must give the stock to Fred and let Fred sell it, because Fred is in the higher tax bracket (i.e., 22% compared to Simons 12%). But for gift property, the basis of loss to the donee is the lower of (1) the adjusted basis of the donor, or (2) the amount of fair market value (FMV) on the date of the gift. Thus as Fred cannot take benefit of the loss, Simon must sell the stock, deduct the realized loss, and sales proceeds should be given to Fred.

When Simon sells the stock and handover the sale proceeds to Fred, in that case the capital gain received from the stock's sale will be taxed on Simon as per his tax bracket. The transfer of sale proceeds to Fred will not have any impact on tax.

8 0
3 years ago
Leia just read that the national debt owed by the federal government is at an all-time high. (Explain any possible impact on the
Elis [28]

Answer:

If the government of the country where Leia is from has a national debt at an all-time high, and at the same time, unexpected high inflation hits, the situation for the government can become extremely dire.

This is because high inflation will lower the value of the domestic currency, which is probably not the currency in which most of of the debt is owed. The proportion of the national debt that is owed in foreign currency will then become more expensive, because more units of domestic currency will be needed to exchange for the foreign currency, rendering the cost of the national debt a lot higher.

6 0
2 years ago
According to Coach's website, the company has built a distinctive style and prestigious image over the past 40 years to develop
mezya [45]

Answer:

b. hedonic prices.

Explanation:

Hedonic prices -

It refers to the method by which the combined price of the goods and services are taken , in order to measure the implicit price of the non - market goods , is referred to as hedonic prices .

The model helps to predict the quantitative values for the environmental or ecosystem services which is capable to affect the market prices for homes .

Hence , from the given scenario of the question ,

The correct answer is hedonic prices .

5 0
3 years ago
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