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3 years ago

Domestic Market for Steel, Alpha

Business

1 answer:

Andru [333]3 years ago

4 0

Answer:

C) Both nations want to export steel.

Explanation:

Equilibrium price is the economic market situation where the quantity demanded of a commodity and the quantity supplied are equal. Both nations, alpha and beta would want to supply or export more steel because at the price of $1 both nations supplied less than the quantity which was demanded. More imports will be probably needed here which iwill push up their supply.

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On January 1, 2019, Mark Corporation purchased bonds with a face value of $500,000 for $475,413.60. The bonds are due December 3

Sergio [31]

Answer:

Debt Securities 500,000 debit

cash 475,414 credit

discount on debt Securities 24,586 credit

--to record purchase of bonds--

cash 25,000 debit

discount on debt Securities 3,524.82 debit

Interest revenue 28524.82 credit

--to record first interest coupon collection--

478,938 x 0.12/2 = 28736.31 revenue

cash 25000

amortization 3736.31

cash 25,000 debit

discount on debt Securities 3,736.31 debit

Interest revenue 28,736.31 credit

--to record second interest coupon collection--

cash 127,000

discount on debt securities 4.331,25

debt securities 125,000

short-capital gain 6,331.25

--to record sale of bonds---

after this and the subsequent interest payment, the discount is write-off entirely and in maturity we record:

cash 375,000 debit

debt securities 375,000 credit

--to record maturity of the bonds on Dec 31th 2021--

Explanation:

procceds 475,414

face value 500,000

discount -24,586

interest will be calcualte as the result of the carying value times the market rate:

475,414 x 0.12/2 = 28524.82

cash inflow: 500,000 x 10% / 2 = 25,000

amortization on discount: 3,524.82

second will be the same procedure:

478,938 x 0.12/2 = 28736.31 revenue

cash 25000

amortization 3736.31

partial sale of 1/4 of the bond:

500,000 / 4 = 125,000

500,000 discount outstanding of 17.325‬

125,000 has a discount of 4.331,25

value of the bonds sold:

125,000 - 4331.25 = 120.668,75‬

sale at 127,000

short capital-gian on sale: 6.331,25‬

3 0

3 years ago

A company's strategy can best be described as a(n) _______ about what long-term goals or direction to pursue for the survival or

steposvetlana [31]

Answer:C

Explanation:

Educated guess. Proper understanding of the environment helps to make informed decisions

4 0

4 years ago

When a factory is operating in the short run,

kirill115 [55]

Answer:

B. it cannot adjust the quantity of fixed inputs

Explanation:

The short run is the conceptual time period where at least one factor of production is fixed in amount while other factors are variable in amount.

Fixed costs have no impact on a firm's short run decisions

3 0

3 years ago

The alcoholic beverages in a private club are

kumpel [21]

The alcoholic beverages in a private club are usually alcoholic.

6 0

4 years ago

On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on Septemb

ELEN [110]

Answer:

The correct answer is $60,000.

Explanation:

According to the scenario, the given data are as follows:

Expenditure for Jan.1 = $334,000

Time period ( Jan.1 - Dec.31 ) = 12 months

So, average expenditure = $334,000

Similarly, Expenditure for Sep.1 = $498,000

Time period ( Sep.1 - Dec.31 ) = 4 months

So, average expenditure = $498,000 × 4÷12 = $166,000

Now, Expenditure for Dec.31 = $498,000

Time period ( Dec.31 - Dec.31 ) = 0 months

So, average expenditure = $498,000 × 0÷ 12 = 0

So, capitalized interest = ( average expenditure Jan.1 + average expenditure Sep.1 + average expenditure Dec.31) × 12%

= ($334,000 + $166,000 + $0) × 12%

= $500,000 × 12%

= $60,000

3 0

4 years ago