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3 years ago

Are there any welfare or subsidy payments that should be reviewed or added?

1 answer:

3 0

I think , the Government should add a free-education welfare to the people.

It's true that it's probably really expensive on the budget, but it will strengthen the overall skill of the people within the country. In the long run, it will bring a higher return for the Country

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] Bear Co. prepares its statement of cash flows using the indirect method. Bear sold equipment with a carrying value of $500,000

Svetlanka [38]

Answer:

The transaction in the operating and investing activities sections of its statement of cash flows is a loss of $400,000 and the sale of equipment $400,000

Explanation:

Operating Activity: It includes all those activities which are related to the changes in the working capital that mean increase or decrease in currents assets and current liabilities. Moreover, it also includes loss/ gain on sale of fixed assets and depreciation, etc.

Investing activity: It records those transactions which include sale and purchase of fixed assets.

So, by going through the meaning of operating activity and investing activity we get to know that the operating activity record a loss of $100,000 which comes from Carrying value - sales value which is added to the net income.

And, the investing records sale price of equipment which is $400,000

Hence, the transaction in the operating and investing activities sections of its statement of cash flows is a loss of $400,000 and the sale of equipment $400,000

6 0

4 years ago

Read 2 more answers

Alex has allocated his income in such a way that the marginal utility of the last unit of product X he consumes is 40 utils and

GalinKa [24]

Answer:

Price of y(Py)=$2 per unit

Explanation:

Marginal utility can be defined as the additional utility of a consumer as a result of the additional unit of goods consumed.

Let

Marginal utility of x= MUx

Marginal utility of y=MUy

Price of x=Px

Price of y=Py

Given

MUx=40 utils

MUy=16 utils

Px=$5

Py=?

Then,

MUx/Px=MUy/Py

40utils/$5=16 utils/Py

8 utils/$ =16utils/Py

Make Py subject of the formula by cross multiplying

Py×8= 16

Py=16/8

Py=$2 per Unit

Price of y=$2 per unit

6 0

3 years ago

A loan to a company or government that pays investors a fixed rate of truth over a specific timeframe is known as:

VLD [36.1K]

Answer:

4. Bonds

Explanation:

Bonds are debt instruments used by corporates and governments to raise capital. Bonds are long-term sources of capital for a business and government and also an investment option to investors.

When the government or corporate issues bonds, they promise to pay the principal amount when the bond matures. Maturity ranges from 5 to 30 years. The bond issuer also commits to pay interest on regular intervals until the bonds mature. The interest to be paid is based on the coupon rate or interest rate as specified by the bond.

7 0

3 years ago

At the beginning of Year 1, the company's inventory level was stated correctly. At the end of Year 1, inventory was overstated b

Furkat [3]

Answer:

$5,000 ; $2,550

Explanation:

The computation is shown below:

For net income in year 1

= Reported net income + overstated inventory amount

= $3,000 + $2,000

= $5,000

For net income in year 2

= Reported net income - understated inventory amount

= $3,000 - $450

= $2,550

Therefore, the net income in Year 1 and in Year 2 is $5,000 and $2,550 respectively.

5 0

4 years ago

Lewis Company traded machinery with a book value of $950,000 and a fair value of $900,000. It received in exchange from Timmons

Komok [63]

Answer:

Lewis should recognize a gain on the exchane of $13,636

Explanation:

In order to calculate the amount of gain or loss should Lewis recognize on the exchange, first we have to determine the amount of gain with the followig formula:

Gain=Total value of the machine received-Book value of machine exchanged

=(cash received+fair value of machine received)- $950,000

=($100,000+$1,000,000)-$950,000

=$ 150,000

Next, In order to calculate the amount of gain or loss should Lewis recognize on the exchange we have to use the following formula:

recognize gain or loss=( <u> cash received )</u>× gain

cash received+fair value of equipment received

= (<u> $ 100,000 </u>)× 150,000

$100,000+$1,000,000

=$13,636

Lewis should recognize a gain on the exchane of $13,636

8 0

4 years ago