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pogonyaev
2 years ago
12

Which of the following is true? Select one: a. If the economy is close to capacity, with resources almost fully employed, the AS

curve will be flat b. If the economy is in a recession, with idle resources, the AS curve will be steep c. If the economy is at full capacity, then the AS curve will be vertical. d. None of the above
Business
1 answer:
djverab [1.8K]2 years ago
6 0

Answer:

Correct option is C.

<u>If the economy is at full capacity, then the AS curve will be vertical</u>

Explanation:

The long-run aggregate supply curve is perfectly vertical, which reflects economists' belief that the changes in aggregate demand only cause a temporary change in an economy's total output. For the short-run aggregate supply, the quantity supplied increases as the price rises.

The full capacity AS curve is a long-run AS curved and it is vertical as the potential output level is denoted by it with the fully employed resources.

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To finance some manufacturing tools it needs for the next 3 years, waldrop corporation is considering a leasing arrangement. the
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"The answer is $106".

After tax cost of debt               6%
Dep per year                          1600
Tax sav from dep                   640
cost of owning       0               1
interest                                  -480
tax saving                               192
maintence                                 -240
maintenece saving                     96
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net cash cost                              208
PV cost of owning (6%)             -3474
cost of leasing
lease payment                           -2100
Tax savings from lease                840
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3 0
3 years ago
The comparative balance sheets and income statement for Bingky Barnes Inc. are as follows:
MatroZZZ [7]

Answer:

Bingky Barnes Inc.

Statement of Cash Flows for the year ended December 31, Current Year

(using the indirect method)

Operating activities:

Net income                          $11,900

Add non-cash expenses:

Depreciation                          5,400

Adjusted operating            $17,300

Changes in working capital:

Accounts receivable            -3,800

Merchandise inventory       -3,700

Accounts payable               +8,800

Accrued wages expense       -400

Net operating cash flow   $18,200

Investing activities:

Property & equipment   -$20,700

Financing activities:

Note payable, long-term    -6,300

Common stock and

additional paid-in capital +16,700

Net cash from financing  $10,400

Net cash flows                   $7,900

Explanation:

a) Data and Calculations:

Comparative balance sheets and income statement

                                                   Current Year     Prior Year    Change

Balance sheet at December 31

Cash                                                  $37,300       $29,400       +7,900

Accounts receivable                          32,700          28,900       +3,800

Merchandise inventory                     42,000          38,300        +3,700

Property and equipment                  121,500        100,800      +20,700

Less: Accumulated depreciation    (30,700)        (25,300)

Total assets                                 $202,800        $172,100

Accounts payable                          $36,700        $27,900        +8,800

Accrued wages expense                   1,400             1,800            -400

Note payable, long-term                 44,500         50,800         -6,300

Common stock and

 additional paid-in capital              89,600         72,900       +16,700

Retained earnings                          30,600          18,700      

Total liabilities and equity         $202,800      $172,100

Income statement for current year

Sales                                         $123,000

Cost of goods sold                      73,000

Other expenses                           38,100

Net income                                 $11,900

Additional Data:

a. Equipment bought for cash, $20,700

b. Long-term notes payable was paid off for $4,800?

c. Issued new shares of stock for $16,400 cash.

d. No dividends were declared or paid.

e. Other expenses:

Depreciation, $5,400

Wages            20,100

Taxes,               6,100

Other,              6,500

f. Assume that expenses were fully paid in cash, when there are no liabilities account related to them. For example, tax expenses are paid in cash since there is no taxes payable.

Wages Payable

Beginning balance             $1,800

Wages expense $20,100

Ending balance      1,400

Cash paid                           19,700

7 0
3 years ago
A new highway is to be constructed.
baherus [9]

Answer:

Desing B

<u><em>Total Present worth</em></u>     $  502.485,35‬

<u><em>Annual worth:</em></u>              $    49,722.003

Option 2:

<u><em>Total Present worth</em></u>     $  666.441,33‬

<u><em>Annual worth:</em></u>              $   53,845.798

Explanation:

<h2>Desing A</h2>

$85 x 5280     =   448,800

$4 x 3 x 5280  =     63,360

$8000 x 4        = <u>    32,000  </u>

total cost:                544,160‬

Annual cost:

11,800 + 300 = 12,100

PV of the annual maintenance:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 12,100.00

time 16

rate 0.06

12100 \times \frac{1-(1+0.06)^{-16} }{0.06} = PV\\

PV $122,281.3328

<u><em>Present worth:</em></u>

total cost to construct  544,160‬ + maintenance $122,281.33 = 666.441,33

<u><em>Annual worth:</em></u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 544,160

time 16

rate 0.06

544160 \div \frac{1-(1+0.06)^{-16} }{0.06} = C\\

C  $ 53,845.798

<h2>Desing B</h2>

a mile is equivalent to 5,280 foot

paviment $40 x 5,280 = $ 211,200

sood ditched 2 per foot x 5,280 foot per mile x $1.40 = $ 12,038.4

pipe culvert 2,200 x 2 = 4,400

Total value to construct: 227.638,4‬

PV of maintenance:

replacement 2,400 x 2 = 4,800 (in 8 years)

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $4,800.0000

time  8.00

rate  0.06000

\frac{4800}{(1 + 0.06)^{8} } = PV  

PV   3,011.5794

maintenance $2,900

culverts 2 x $ 230 = $ 460

ditch 1.45 x 5,280 x 2 = $ 15,312

Total yearly cost: 18.672‬

PV of this annuity over 16 years:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 18,672.00

time 16

rate 0.06

18672 \times \frac{1-(1+0.06)^{-16} }{0.06} = PV\\

PV $188,697.2765

PV of the replacement bituminous concrete

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $211,200.0000

time  16.00

rate  0.06000

\frac{211200}{(1 + 0.06)^{16} } = PV  

PV   83,138.0951

<u><em>Present worth:</em></u>

Total value to construct: $  227.638,4‬ +

yearly cost PB                 $  188,697.28 +

concrete replacement    $ 83,138.0951

culvert replacement:       $<u>   3,011.58      </u>

Total Present worth        502.485,35‬

<u><em>Annual worth:</em></u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

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C  $ 49,722.003

<em><u /></em>

6 0
2 years ago
In each dropdown that follows, select the correct sign [less than ( &lt;), greater than (&gt; ), or equal (=)] for each comparis
earnstyle [38]

Answer:

1. FIFO inventory is greater than (>) LIFO inventory.

2. FIFO cost of goods sold is less than (<) LIFO cost of goods sold.

3. FIFO net income is greater than (>) LIFO net income.

4. FIFO income taxes are greater than (>) LIFO income taxes.

b. Income shown on the company’s tax return would be lower if LIFO rather than FIFO is used.

Explanation:

FIFO and LIFO are accounting methods used in managing costs related to inventory, stock repurchases at different times and financial activities associated with monetary costs a company had tied up within inventory of feedstocks, raw materials, produced goods, and equipment parts.

Simply stated, FIFO and LIFO are accounting methods is used for the valuation of the cost of goods sold and ending inventory of a company.

FIFO is an acronym for "First In, First Out" and it assumes oldest unit of inventory is sold first, meaning goods that were first added to inventory are the first goods removed from inventory for sale and are recorded as sold first.

LIFO is an acronym for "Last In, First Out" and it assumes last unit to arrive in inventory is sold first, meaning goods that were last added to inventory are the first goods removed from inventory for sale and are recorded as sold first.

5 0
3 years ago
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