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4 years ago

Positive economics

Business

1 answer:

Y_Kistochka [10]4 years ago

6 0

Answer:

D: is the same as normative economics.

Explanation:

Positive economics is the same as normative economics that is the branch of economics that involves the summary as well as an explanation of economic events. It concentrates on events and behavioral connections of cause and effect and it too involves in the development and examination of economic principles. sometimes Positive economics is explained as the economics of what is'' while normative economics explains "what ought to be".

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In the month of June, a department had 10,000 units in beginning work in process that were 70% complete. During June, 40,000 uni

butalik [34]

Answer:

Cost per material= $9

Cost per conversion = $8.51 unit

Explanation:

We would assume the company uses weighted average method of valuation.

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.

Cost per Equivalent unit= Total cost / Equivalent unit

Completed units = transferred in + opening inventory -closing inventory

= 40,000 + 10,000 - 5,000 =45,000 units

Equivalent unit of material = (100%× 45,000) + (100%× 5000)= 50,000

Cost per material = $450,000/50,000= $9

Equivalent unit of Conversion cost =(100%× 45,000) + (40%× 5000)= 47,000

Cost per conversion cost = $400,000/ 47,000 units

= $8.51 unit

Cost per material= $9

Cost per conversion = $8.51 unit

6 0

3 years ago

Assume that during 2017, Cypress Semiconductor Corporation reported net cash provided by operating activities of $155,793,000, n

xenn [34]

Answer:

Free cash flow will be equal to $18513000

Explanation:

We have given cash provided for operating activities = $155793000

Capital expenditure = $132280000

Dividend paid = $5000000

We have to find the free cash flow

We know that free cash flow is given by

Free cash flow = cash provided for operating activities - capital expenditure - dividend paid = $155793000-$132280000-$5000000 = $18513000

6 0

4 years ago

A withholding allowance is a _____.

lianna [129]

'Withholding Allowance' Employee-claimed exemptions on the tax form employers use to determine how much of an employee's pay to subtract from his or her paycheck to remit to the tax authorities. The more allowances you claim, the less income tax will be withheld from your paycheck

4 0

3 years ago

Understanding Persuasion in a Social and Mobile Age

omeli [17]

Answer: 1. a. persuasive practices

2. A. Persuasion is simple and more personal

C. Persuasive messages spread at warp speed

D. All businesses are in the persuasion business

E. The volume and reach of persuasive messages have exploded

Explanation:

1. Being able to persuade your consumers to buy the company products leads to better sales and better bottomlines for the company. This is why employees try their best to be persuasive to consumers some times for products that won't even benefit them. This will put the employees in a better position at work. Consumers therefore need to be wary of these persuasive skills to be able to stand their ground should they not want a product.

2. Persuasion in this day and age is employing tried and tested psychological methods to achieve better results. One of these is to be simpler and personal. By relating to the actual person involved, they are able to build a relationship and convince people faster.

With the scale and magnitude of Information and Communication Technology in the world right now, persuasive messages are easier to spread. They are spread so fast to multiple geographical locations thus increasing their reach as well.

It would also seem as though these days that all businesses are in the persuasion business. Whether it's consumers, suppliers, the Government etc, all businesses are engaged in trying to persuade entities in such a way that their interests are pushed forward.

5 0

3 years ago

On January 1, Year 1, Manlier Inc. leased equipment costing $45,000 to one of its customers. The sales-type lease agreement spec

k0ka [10]

Answer:

lease receive = $76441 ( debit entry )

cost of goods sold value = $42178 (debit entry )

equipment cost is = $45,000 ( credit entry )

sales revenue is = $73,619 (credit entry )

Explanation:

Given data

leased equipment costing = $45,000

lease agreement @ six annual payments = $15,000

present value of the annual lease payments = $73,619

residual value = $5,000

present value residual value = $2,822

to find out

journal entry recorded by Manlier at the beginning of the lease

solution

first we calculate lease receive that is debit entry

lease receive = present value of the annual lease payments + present value residual value

lease receive = 73619 + 2822

lease receive = $76441 ( debit entry )

now we calculate cost of goods sold value i.e

cost of goods sold value = leased equipment costing - present value residual value

cost of goods sold value = 4500 - 2822

cost of goods sold value = $42178 (debit entry )

equipment cost is = leased equipment costing = $45,000 ( credit entry )

sales revenue is = present value of the annual lease payments = $73,619 (credit entry )

4 0

3 years ago