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Natasha_Volkova [10]
2 years ago
14

You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare, hotel, and forgone wages) are m

easured in dollars, but the benefits of the vacation are psychological. Suppose you had to work for one month in order to save enough for the vacation. Which of the following is true if you decide to take the vacation?
(A) The benefits of buying a new computer exceed the cost of buying the computer.
(B) The benefits of going on the vacation exceed the benefits you would obtain from the new computer.
(C) The cost of going on the vacation is less than the cost of the computer.
Business
1 answer:
masha68 [24]2 years ago
4 0

Answer:

Which of the following is true if you decide to take the vacation?

(B) The benefits of going on the vacation exceed the benefits you would obtain from the new computer.

Explanation:

The benefits of going on the vacation exceed the benefits you would obtain from the new computer.

The cost of going on the vacation is less than the cost of the computer.

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When the price of gas goes up and the demand for tires goes down, this means tires and gas are:?
seropon [69]
Tires and gas are products needed for cars. Gas need as fuel for car and tire need as footwear for car. Gas is up and there is no need more footwears for car because these products in machine industry depends from each other.
4 0
3 years ago
Rayya company purchases a machine for $105000 on january 1, 2019. Straight-line depreciation is taken each year for four years a
klio [65]

Answer:

                      Journal entry For Depreciation

Date        Account and explanation            Debit    Credit

July 1 Depreciation expense                 $7,500

                (105000/7)*6/12

                       Accumulated depreciation-Machine   $7,500

                 (To record Depreciation)

1)                     Journal entry

Date        Account and explanation                      Debit     Credit

July 1        Cash                                                     $45,500

                Accumulated depreciation-Machine  $67,500  

                        Machine                                                         $105,000

                        Gain on Sale of Machine                              $8,000

                (To record sale of Machine)  

2)                                 Journal entry

Date         Account and explanation                       Debit       Credit

July 1         Cash                                                      $25,000

                 Accumulated depreciation-Machine  $67,500

                  (105000/7*4.5)

                 Loss on sale of machine                      $12,500

                         Machine                                                            $105,000

                 (To record sale of Machine)

6 0
2 years ago
A __________ is an example of an external user of financial information.
Alchen [17]
<span>External users are people outside the business entity (organization) who use accounting information. Examples of external users are suppliers, banks, customers, investors, potential investors, and tax authorities.</span>
7 0
3 years ago
Black Corporation declared $50,000 cash dividends to shareholders. The coporation has 4,000 shares of $25-par, 5% preferred stoc
Liono4ka [1.6K]

Answer:

$5,000 will be distributed to preferred stockholders and $45,000 will be distributed among common stockholders.

Explanation:

The accrued dividend on preferred stock based on predetermined rate or amount is known as preferred stock dividend. Preferred stock has priority over common stockholders, It means that dividend will be given to preferred stockholder first.

Preferred stock dividend = 4,000 shares x $25 x 5% = $5,000

Common stock dividend = $50,000 - $5,000 = $45,000

6 0
3 years ago
Using the Goal Seek function in Microsoft Excel, prepare an Excel spreadsheet to answer the following questions: Warner Clothing
Masja [62]

Answer:

3,500 units

6,000 units

Explanation:

Given:

Sales Price = $15 per unit

Variable cost = $3 per unit

Fixed cost = $42,000 per month

A. Break even point

Break even point(in units) =  Total fixed cost / (Sales Price - Variable cost)

                             =  $42,000 / ($15 - $3)

                             = $42,000/ $12

                             = 3,500 units

B. Number of sales unit

Sales unit for desired profit = (Total fixed cost + Desired profit)/ (Sales Price - Variable cost)

                                             = ($42,000 + $30,000) / ($15 -$3)

                                             = $72,000 / $12

                                             = 6,000 units

3 0
3 years ago
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