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Liono4ka [1.6K]
3 years ago
10

Common resources differ from public goods in that

Business
1 answer:
Alexus [3.1K]3 years ago
8 0

Common resources differ from public goods in that b) unlike public goods, common resources are rivalrous in consumption. A common resource is a resource that provides tangible benefits for the consumer. A common resource can be overused and consumed. Water is an example of a common resource, because although it's available to any and everyone, it has to be paid for, for use.

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At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 914,000 Credit sales 31
Lyrx [107]

Answer:

a.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $15,700

              Allowance for doubtful expense account                            $15,700

<u>Working</u>

= 5% * 314,000

= $15,700

b.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭36,840‬

              Allowance for doubtful expense account                            $‭36,840‬

<u>Working </u>

= 3% * (Cash sales + Credit sales)

= 3% * (914,000 + 314,000)

= $‭36,840‬

c.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭‭17,520

              Allowance for doubtful expense account                            $‭‭17,520

<u>Working</u>

= (8% * Year end accounts receivable) + Debit balance for Allowance for doubtful account

= (8% * 139,000) + 6,400

= $‭17,520‬

8 0
3 years ago
A government bond with a coupon rate of 7% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Str
WINSTONCH [101]

Answer:

invoice price (dirty price) = $1,004.13

Explanation:

semi-annual coupon = $1,000 x 7% x 1/2 = $35

clean price = $1,001.25

accrued interest = (Jan. 30 - Jan. 15) x $35 x 1/182 = $2.88

invoice price (dirty price) = clean price + accrued interest = $1,001.25 + $2.88 = $1,004.13

the dirty price or invoice price of a bond includes any accrued interest that the bond may have earned in the period between the last coupon payment and the transaction date.

7 0
3 years ago
According to adam smith and other classical economist,
Semmy [17]
Because <span>It is based on self-interest.
Classical economists believe that when driven by self-interest, humans are capable in dedicating their life to pursue things that never been achieved before.
This led to the creation of many technological inventions and business ventures that drive the society forward</span>
3 0
4 years ago
Etta wants to make a monthly budget. What should she do first?
alexandr402 [8]
Calculate her net income
6 0
4 years ago
Through a certain transaction, coffee café inc. acquires all of the shares of deli corporation for some of coffee's shares. bot
Mama L [17]

Through a certain transaction,coffee acquires all of the shares of Deli corporation for some of coffee's shares, both coffee and Deli continue to exist, this is a merger.

Given an incomplete sentence related to a transaction between Coffee Inc. and Deli.

We are required to fill the blank with the appropriate term.

The appropriate term which will fill the sentence is "merger".

A merger is basically an agreement that unites two existing companies into one new company. There are many types of mergers and also several reasons why companies complete mergers. Mergers and acquisitions are commonly done to increase a company's reach, expand into new segments, or gain market share.

Hence the term that is to filled in the sentence is merger.

Learn more about merger at brainly.com/question/1977165

#SPJ4

3 0
2 years ago
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