Answer:
=$59,000.00
Explanation:
Original investments:
Xavier: $50,000.00
Yolanda $ 100,000.00
Allowances:
Xavier: $ 34,000.00
Yolanda : $ 26,000.00
Income at $120,000.00
Xavier allocation will be:
Calculating interest on the original investment
Xavier =20/100x $50,000.00 =$10,000.00
Yolanda=20/100 x$100,000.00 = $20,000.00
Total interest on original investments = $30,000.00
Total allowances = $34,000+$26000=$60,000.00
Shareable income= $120,000.00- ($30,000+$60,000)
= $30,000
each gets $15,000.00
Xavier will get $ 15,000 + $ 10,000 +$ 34,000
=$59,000.00
If an embargo is placed by England on France, England will produce more bread and France will produce more cheese.
<h3>What is a comparative advantage?</h3>
A country has comparative advantage in production of a good if it produces at a lower opportunity cost when compared with other countries. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.
A country that has a comparative advantage in the production of a good should produce that good and import the goods for which it does not have a comparative advantage in its production.
If an embargo is placed, countries would not be able to trade so they would have to increase the production of goods they would have otherwise imported.
To learn more about comparative advantage, please check: brainly.com/question/25139916
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Answer:
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Answer:
Dr Cash (3,000)
Cr Deferred Revenue (4,000)
Cr Service Revenue (Clinic) (7,000)
Explanation:
Preparation of the appropriate journal entry
Since we were told that kayakers pay the sum of $3,000 at $150 each, by adding to the $4,000 that was already paid in advance on July 30 this means we have to record the transaction by Debiting Cash with the amount of (3,000); Crediting Deferred Revenue with the amount of (4,000) and Crediting Service Revenue (Clinic) with the amount of (7,000)
Note that the credit side of the transaction which is Deferred Revenue of 4,000 -Service Revenue (Clinic) of 7,000 will give us (3,000)
Journal entry
Dr Cash (3,000)
Cr Deferred Revenue (4,000)
Cr Service Revenue (Clinic) (7,000)
Answer:
the equivalent unit cost is $13.26
Explanation:
The computation of the equivalent unit cost is shown below:
Calculation of Peach Equivalent-unit cost is
= Total Cost ÷ Units
= ($990,000 + $248,000) ÷ (84,000 units + (18,700 units × 50% completion)
= ($1,238,000) ÷ (93,350 units)
= $13.26 per unit
Hence, the equivalent unit cost is $13.26