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3 years ago

In the market for farm crops momentary supply is . in the market for farm crops, short-run supply is .

1 answer:

4 0

<span>less elastic than short-run supply; less elastic than long-run supply

In the market for farm crops momentary supply is less elastic than short-run supply.
In the market for farm crops, short-run supply is less elastic than long-run supply.

Hope this helps!
Sorry to answer so late.</span>

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Kyle Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under

Rufina [12.5K]

Answer and Explanation:

The computation is shown below

As we know that

1. EPS = ( Net income - dividends ) ÷ Average number of share

For Plan 1

Number of share = 715,000

EPS = 1600000 ÷ 715000

= 2.23

For Plan 2

Net income = EBIT = $1.6 million = $1,600,000

Interest = 0.07*6,750,000 = 472,500

EBT = 1,127,500

Tax = 0

Net Income = 1,127,500

Numberof share = 465,000

So,

EPS = $1,127,500 ÷ 465000

= 2.42

For Plan 1

EPS = 3100000 ÷ 715000

= 4.33

For Plan 2

When EBIT = 3,100,000

Interest = 0.07 × 6,750,000 = $472,500

Net Income = 2,627,500

So,

EPS = $2,627,500 ÷ 465000

= 5.65

Plan 1 EBIT = Plan 2 EBIT

EBIT ÷ 715000 = (EBIT - 0.07 × $6,750,000) ÷ 465000

EBIT = 1,351,350 or $1.35 million

6 0

3 years ago

Which cash flows should be included in the Investing Section of the statement of cash flows under US GAAP?

Andrej [43]

Under US GAAP, the cash flows that should be included in the Investing Section of the Statement of Cash Flows are purchases of physical assets, investments in securities, or the sale of securities or assets.

This implies that US GAAP does not allow interest paid or received and dividends received to be classified under the Investing Section, unlike IFRS that gives entities the flexibility to classify the above items as either investing or financing activities.

Instead, the US GAAP requires that the above items are classified as operating cash flows.

Thus, the only cash flows that are included in the Investing Section of the statement of cash flows under US GAAP are cash flows (inflows and outflows) related to long-term physical assets and investments.

Learn more about the Investing Section of the statement of cash flows under US GAAP here: brainly.com/question/18568838

3 0

3 years ago

Haven Corporation issued $700,000 of 10-year bonds payable at par in 2014. During 2020 Haven paid $50,000 interest and an additi

Vikki [24]

Answer:

Net cash used in financing activities $233,333

Cash disbursed for operating activities $50,000

Explanation:

Based on the information given we were told that the company paid interest amount of $50,000 which as well include an additional amount of $233,333 to retire 1/3 of the bonds at par, which Therefore means that the above activities would be reported in Haven's statement of cash flows for 2020 as: NET CASH USED IN FINANCING ACTIVITIES of the amount of $233,333 and CASH DISBURSED FOR OPERATING ACTIVITIES of the amount of $50,000.

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3 years ago

Shelton Company has the following account balances at year-end:

salantis [7]

Answer:

See below

Explanation:

Given the above information, Shelton should report the account receivable at a net amount as computed below;

= Accounts receivables - Allowance for doubtful account

Accounts receivables = $140,000

Allowance for doubtful account = $7,200

= $140,000 - $7,200

= $132,800

Therefore, account receivables at a net amount is $132,800

7 0

3 years ago

Athena Jolene, a human resources executive at Thomas Griffith, wants to collect ideas from the company's employees for an upcomi

inna [77]

Answer:

Online discussion forum

Explanation:

Based on the information provided within the question it can be said that the best method would be to use an Online discussion forum. These are websites in which anyone can connect and give their thoughts and opinions on a specific topic and discuss with anyone who would like to join in. Which is what would allow Athena to collect ideas from all the company employees at the same time.

3 0

3 years ago

In the market for farm crops momentary supply is​ ______. in the market for farm​ crops, short-run supply is​ ______.

In the market for farm crops momentary supply is . in the market for farm crops, short-run supply is .