Answer:
First, rising wages and consumer demand will increase demand for more sophisticated manufactured goods (where Australia has some niches of excellence, for example, in medical devices) and for services such as tourism (where China is already an important market).
( I found this on a website called Aph.gov.au
full credit to them and their work. Check them out for more info on your topic)
Answer:
$264,000
Explanation:
Calculation to determine what the accumulated depreciation account will have a balance of:
$240,000 x ($330,000/300,000) = $264,000
Therefore , the accumulated depreciation account will have a balance of:$264,000
Answer:
None of these is correct
Explanation:
The substitution effects is the decrease in sales for a product that can be attributed to consumers switching to cheaper alternatives when its price rises. The substitution effect is based on the idea that as prices rise, consumers will replace more expensive items with cheaper substitutions or alternatives, assuming income remains the same.
Answer:
$58,600
Explanation:
Calculation for what Healey Company's direct materials used for the year is:
Using this formula
Direct materials used for the year=Beginning Raw Materials + Raw Materials Purchased - Ending Raw Materials
Let plug in the formula
Direct materials used for the year = $15,200 + $60,000 - $16,600
Direct materials used for the year= $58,600
Therefore Healey Company's direct materials used for the year is:$58,600
Answer:
$223,000; $75,000
Explanation:
(a)
Balance:
= Equipment opening balance - Exchange for common stock - Scrapped equipment - Cost of equipment sale
= $575,000 - $25,000 - $5,000 - $39,000
= $506,000
Cash paid for equipment purchases:
= Equipment Ending Balance - Balance
= $729,000 - $506,000
= $223,000
(b)
Depreciation expense:
= Ending Balance - (Accumulated depreciation opening balance - Depreciation for scrap - Depreciation of equipment sale)
= 120,500 - ($165,000 - 52,500 - 67,000)
= 120,500 - 45,500
= $75,000
