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ollegr [7]
3 years ago
8

When economists refer to "demand," they are speaking of:a) how much everyone wants of all products bought and sold in the nation

. a schedule of amounts of a product that buyers would purchase at alternative prices in a given time period. b) a single price and quantity combination. c) a "desire" for a product rather than a "need" for the product regardless of the price. d) all of the above.
Business
1 answer:
stellarik [79]3 years ago
3 0

Answer:

d) all of the above.

Explanation:

All of the above statement correspond to different definitions of demand that economists use on a daily base.

Statement A) refers to aggregate demand, which is roughly equivalent to GDP.

Statement A.2) refers to demand schedule, which is also simply referred to as demand in the press, or in informal contexts.

Statement B) refers to an equilibrium quantity demanded, which occurs when supply and demand meet under an equilibrium price.

Statement C) refers to quantity demanded because it is not always relevant, when talking about demand, whether the good demanded is a necessity or a luxury.

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On January 2, 2018, Bonita Industries issued at par $2020000 of 5% convertible bonds. Each $1000 bond is convertible into 10 sha
Kryger [21]

Answer:

Bonita’s diluted earnings per share for 2018 would be  $3,80

Explanation:

<em>Step 1 Calculate the Basic Earnings Per Share</em>

Basic Earnings Per Share = Income Attributable to Common Stockholders / Weighted Average Number of Common Stocks

<u>Income Attributable to Common Stockholders</u>

Net income                                                           $902000

<em>less</em> Interest on bonds ($2020000×5%)×75%    ($75,750)

Income Attributable to Common Stockholders $826,250

Basic Earnings Per Share =$826,250 / 197000

                                           =$4,19

<em>Step 1 Calculate the Diluted Earnings Per Share</em>

Diluted Earnings Per Share =<em>Adjusted</em> Income Attributable to Common Stockholders / <em>Adjusted</em> Weighted Average Number of Common Stocks

<u>Adjusted Income Attributable to Common Stockholders</u>

Income Attributable to Common Stockholders $826,250

Add Interest on bonds ($2020000×5%)×75%    ($75,750)

Income Attributable to Common Stockholders $826,250

<u><em>Adjusted</em></u><u> Weighted Average Number of Common Stocks</u>

common stock outstanding                                           197000

add convertible bond ( $2020000/$1000×10 shares) 20200

Weighted Average Number of Common Stocks          217200

Diluted Earnings Per Share = $826,250/217200

                                              = $3,80

<u />

6 0
3 years ago
The following information is available from the records of a manufacturing company that applies factory overhead based on direct
WITCHER [35]

Answer:

The manufactured overhead was under-estimated.

Explanation:

Giving the following information:

The actual manufacturing overhead costs incurred were $515,000.

Estimated Manufacturing overhead was $500,000.

Overhead allocation is the distribution of indirect costs to produced goods. When the administration has undervalued and under-funded the amount of money needed for non-production costs, they have under-allocated overhead.

<u>Over applied manufacturing overhead:</u>

<u></u>

Applied overhead>Actual overhead

<u>Under applied manufacturing overhead:</u>

Applied overhead<Actual overhead

In this exercise:

Actual manufacturing overhead - Estimated Manufacturing overhead= 515000- 500000= 15000

The manufactured overhead was under-estimated.

8 0
3 years ago
(Chapter Supplement) Under the gross method of recording sales discounts discussed in this chapter, is the amount of sales disco
UkoKoshka [18]

At the time of collection, if the amount is paid within the discount period, the following entry is recorded:

Cash (+A).......................xxx

Sales discount(+XR,-R,-SE)........xxx

R. Jones (Accounts Receivables)(-A)….xxx

If the account is paid in full before the end of the discount period, the customer can be eligible for a cash discount rate. The duration of the trade credit is known as the credit period, and up until the end of the credit term, no interest is applied to the outstanding balance.

You use it to illustrate how a company's cash flow is distributed equally throughout the year rather than arriving in full at the end. We would use discount period numbers of 1 for the first year, 2 for the second year, 3 for the third year, and so on in a DCF without the mid-year convention.

Learn more about discount period here

brainly.com/question/2264363

#SPJ4

8 0
1 year ago
The ledger of Rios Company contains the following balances after adjustments: Retained Earnings $30,000; Dividends $2,000; Servi
ch4aika [34]

Answer:

Service Revenue 50,000 debit

    Income summary  50,000 credit

--to close revenues accounts--

Income summary        34,000 debit

  Salaries and Wages Expense 27,000 credit

  Supplies Expense                      7,000 credit

--to close expenses accounts--

Income summary        2,000 debit

  Dividends                          2,000 credit

--to close dividends account--

Income summary       14,000 debit

  Retained Earnings          14,000 credit

Explanation:

To close the temporary accounts which are, revenues, expenses and dividends we will use an auxiliary account called Income Summary

Then, once all are closed we transfer their balance into retained earnings:

  Income summary

DEBIT           CREDIT

                    50,000

34,000

<u>  2,000                          </u>

       Balance 14,000

7 0
3 years ago
Mariano Manufacturing can issue a 25-year, 8.8% annual payment bond at par. Its investment bankers also stated that the company
aivan3 [116]

Answer: 10.13%

Explanation:

The after-tax return on the preferred shares would be:

= After-tax return + Premium required

= (8.8% * (1 - 25%)) + 1%

= 7.6%

For the preferred stock to be issued at par with the above after tax return:

= After tax return / ( 1 - tax)

= 7.6% ( 1 - 25%)

= 10.13%

4 0
2 years ago
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