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3 years ago

6

In the United States, many local communities provide public libraries and parks. This is an example of a local government fullin

g which purpose of government?
A. public services
B. conflict resolution
C. order
D. protection

2 answers:

Elena-2011 [213]3 years ago

7 0

A.) is your answer I do believe

Verdich [7]3 years ago

5 0

The answer to your question is A.
Hoped I helped!

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Consider a perfectly competitive market in which all firms have the same costs. Choose the statement that is incorrect.

Furkat [3]

Answer:

B. The market demand is perfectly elastic at the market price. °

Explanation:

As we know that in the case of perfect competitive market there is a big number of sellers and buyers who sells same kind of product, there is no entry and exit barriers also the firm is a price taker

In addition to this, the market price and output would be measured by the supply and demand force. The profit maximizing output for every firm would considered the market price with the prescribed output and at the time when firm is shutdown so the market price would below the average variable cost

So the option b is incorrect

3 0

2 years ago

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $81,400.

ivann1987 [24]

Answer:

$7,326

Explanation:

Double Decline Balance = 2 x SLDP x SLDBV

where,

SLDP = Straight Line Depreciation Percentage

= 100 ÷ useful life

= 100 ÷ 20

= 5 %

and

SLDBV = Straight Line Percentage Book Value

Year 1

Double Decline Balance = 2 x 5% x $81,400

= $8,140

Year 2

Double Decline Balance = 2 x 5% x ($81,400 - $8,140)

= $7,326

Therefore

The machine's second-year depreciation using the double-declining balance method is $7,326.

4 0

3 years ago

Purple Cab Company had 50,000 shares of common stock outstanding on January 1, 2018. On April 1, 2018, the company issued 20,000

Sloan [31]

Answer:

The basic earnings per share is $4.15

Explanation:

Earning Per Share : Earning Per share shows a ratio between net income and weighted average outstanding shares.

In mathematically,

Earning Per Share = Net income ÷ weighted average outstanding shares

where,

Net income = $269,915

And, On Jan 1, 2018 the share is 50,000 whereas on April, 2018 the shares is 20,000. But we have to calculated for the December period. From April to December there are 9 months.

So, April 2018 shares = 20,000 × 9 ÷ 12 months = 15,000 shares

Hence, total weighted average outstanding shares is

= 50,000 +15,000

= 65,000 shares

Now, apply the above formula for computation

= $269,915 ÷ 65,000 shares

= $4.15 per share

Thus, the basic earnings per share is $4.15

5 0

2 years ago

One major benefit of using the Bank Feeds feature in QuickBooks Online is that as you _________________ or __________________ tr

Alex73 [517]

Answer:

1. Exclude

2. Add

3. Reconciled

Explanation:

QuickBooks Online supports Bank feeds features, which in turn allows a user to perform ADDITION or EXCLUSION of transactions online, which results in such transaction are marked RECONCILED.

Hence, one of the major benefits of using the Bank Feeds feature in QuickBooks Online is that as you EXCLUDE or ADD transactions in QuickBooks Online from the downloaded transactions from the bank, they are marked RECONCILED. This makes the end-of-period bank reconciliation more efficient.

8 0

3 years ago

Shelly’s preferences for consumption and leisure can be expressed as U(C, L) = (C – 100) * (L – 40). This utility function impli

ludmilkaskok [199]

Answer:

Explanation:

U(C, L) = (C – 100) × (L – 40)

(a) C = (w - t)[110 - L] + 320

C = 10[110 - L] + 320

C + 10L = 1420

where,

C- consumption

w - wages

t - taxes

L - Leisure

(b) Given that,

L = 100 then,

C = 420

$MRS=\frac{MU_{L} }{MU_{C} }$

$MRS=\frac{C-100 }{L-40}$

$MRS=\frac{320}{60}$

= 5.33

(c) L = 110

C = 320

Reservation wage:

$MRS=\frac{C-100 }{L-40}$

$MRS=\frac{220}{70}$

= 3.14

(d) At optimal level,

$\frac{C-100}{L-40}=\frac{10}{1}$

C - 100 = 10L - 400

C - 10L = -300

C = 10L - 300

Using budget constraint:

C + 10L = 1420

10L - 300 + 10L = 1420

20L = 1720

L* = 86 and C* = 560

4 0

3 years ago