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3 years ago

Voluntary exchange refers to an act of trading between individuals that makes both parties to the trade subjectively better off.

Business

1 answer:

Bond [772]3 years ago

6 0

The answer would be A. True

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Consumption is $5.5 trillion, investment is $1 trillion, government expenditures are $1.5 trillion, transfer payments are $.5 tr

hammer [34]

<span>GDP = C + I + G + NX = $5.5 trillion + $1 trillion + $1.5 trillion + $.75 trillion - $1.25 trillion = $7.5 trillion

Business is hard T^T</span>

6 0

3 years ago

American Food Services, Inc., acquired a packaging machine from Barton and Barton Corporation. Barton and Barton completed const

Simora [160]

Answer:

Following are the solution to this question:

Explanation:

$Answer \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Installment \ Amount \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ = \frac{4700000}{PVAF(11\%,4)} = 1,514,934$

$Answer \ 1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Machinery A/c \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000\\\\$

$\text{To Lease Payable} A/C \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \\\\ \text{(Being machine purchased on lease)}$

$Answer \ \ 2$ $years \ \ \ \ \ \ \ \ Outstanding \ \ Amount \ \ \ \ \ \ \ \ Installment \ \ \ \ \ \ \ \ Interest (11 \%) \ \ \ \ \ \ \ Closing \ on \ Due \\\\$ $0 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \\\\1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \ \ \ \ \ \ \ \ \ \ \ \ 1514934 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 517000 \ \ \ \ \ \ \ \ \ \ \ \ 3702066\\\\$

$2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3,702,066 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1514934 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 407227 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2594359 \\\\3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,589,359 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1514934 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 285380 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1364805\\\\4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,364,805 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1514934 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 150129 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \\\\$

$Answer \ \ 3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ Lease Payable \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 997,934$

$expenses \ \ Interest \ \ \ \ \ \ \ \ \ \ \ \ \ \ 517,000\\\\ To\ \ cash \ A/c \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,514,934 \\\\ \text{(First Installment Paid)}$

$Answer \ 4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Lease payable \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,229,554$

$expenses \ \ Interest \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 285,380\\\\ To cash A/c \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,514,934\\\\ \text{(Third Installment Paid)}$

6 0

3 years ago

On March 3, Cobra Inc. purchased a desk for $440 on account. On March 22, Cobra purchased another desk for $585 also on account,

alexdok [17]

Answer:

desks = 1,025

Explanation:

440

1,025

Notice:

We should add the cost of the two desk to get the total amount.

The debt or account payable at the moment doesn't reduce the valuation fo the desk.

The depreciation will. But we are not given with any numebr to calculate this, so we should ignore it for this assingment.

3 0

3 years ago

In the month of November, Cullumber Company Inc. wrote checks in the amount of $10,230. In December, checks in the amount of $11

lara31 [8.8K]

Answer and Explanation:

The computation of the outstanding checks is shown below:

For the November end

= Checks - presented in the bank

= $10,230 - $8,240

= $1,990

For the December end

= Checks - presented in the bank + presented in th bank - checks

= $10,230 - $8,240 + $11,815 - $10,655

= $3,150

We simply applied the above formula

8 0

3 years ago

Sarah Gray wants to invest a certain sum of money at the end of each year for five years. The investment will earn 4% compounded

guajiro [1.7K]

Answer:

How should she compute her required annual investment?

$ 36.987

Explanation:

With the present value formula we can calculate how she has to invest today to get $45,000 at the end of the 5 years, with a compounded rate of 4%.

Principal Present Value = F / (1 + r)^t

In this case we have the future value and we need to find the present value that we have to invest to get the money expected.

Principal Present Value = 45,000 / (1 + 4%)^5 = $36,987

If we invest today $36,987, with a compounded interest rate of 4% we get at the end of the period, 5 years, the total sum of $45,000.

5 0

3 years ago