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3 years ago

Which of the following is NOT one of the three basic economic questions?

1 answer:

4 0

The answer s "How to Produce it".
This is not one of the three basic economic questions.
Mostly what they usually asks is what to produce base on the needs of the consumers, where to produce it in where people really are needing it and who will consume what is produced, they may be rich people, etc.

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At December 31, 20X3, before recognizing any depreciation expense for 20X3, X Company has a machine with an original cost of $36

shutvik [7]

Answer:

If X Company uses the units of production method for calculating depreciation, depreciation expense in 20X3 will be (rounded):

$45000

Explanation:

Cost 360000

Accum. Depre 90000

Usefull life 7

Produce 1 20000

Produce 2 10000

Produce 3 50000

80000

Deprec=cost/unit

Depre=360000/80000

Depre= 4,5

Produce 2012 20000 4,5 90000

Produce 2013 10000 4,5 45000

Produce rest 50000 4,5 225000

80000 4,5 360000

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3 years ago

What are the six basic step of the problem solving process? HURRY I NEED THIS QUICK

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Answer:

1) identify your problem: Try to describe the problem as much as possible, as opposed to focusing on the potential consequences or implications of the problem.

2) Pin point the problem

3) so that means you should do research based on the problem ^

4)Try evaluating the problem.. perhaps looking at it in perspective ^

5)see how the problem could affect you or others

6) Then work out a plan to solve the problem

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2 years ago

Read 2 more answers

Fact Pattern:House Publishers offered a contest in which the winner would receive $1 million, payable over 20 years. On December

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Answer:

Option B: $418,250

Explanation:

I hope it will help you a lot!

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3 years ago

3. The most cost-effective way to produce gasoline is to never interrupt the process because the constant, uninterrupted product

trapecia [35]

Answer:

Continuous

Explanation:

Continuous production process is the procedure where the manufacture of the products need the sequential performance of different processes on multiple machines receives the material for manufacturing by the closed channel.

This process is mostly used in the business of chemical and paper.

So, in this case, the most effective way to produce the gasoline is the kind of production which is referred as the continuous production process.

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3 years ago

Langley Company reported net income for 2022 in the amount of $460,000. The company's financial statements also included the fol

inn [45]

Answer:

$655,000

Explanation:

Cash flow from operating activities involved all the cash flows related to the operations of the company like sales , purchases, receivable, payable etc.

Net Cash flow is the net of receipts and Payment.

Following are the operating cash flows.

Cash flows from operating activities

Net Income $460,000

Add: Non cash Expense Adjustments:

Depreciation $107,000

Change in Working Capital:

Increase in Account receivable ($77,000)

Decrease in Inventory $62,000

Increase in Account payable $250,000

Less: Net Change in WC $235,000

Other Adjustments

Gain on sale of Land ($147,000)

Net Operating Cash flow $655,000

Depreciation is a non cash expense deducted from the revenue to calculate net income. Now it needs to be added back.

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3 years ago

Read 2 more answers