Answer:
D) It is more economical for Baurisians to import meat than grain.
Explanation:
The argument states that meat consumption in Baurisia is steadily increasing while domestic production is not.
There are two alternatives:
- import more grains to feed more animals and produce more meat (the argument favors this option),
- or simply import more meat.
But if importing meat is cheaper than importing grains, then there is no need to import more grains in order to feed animals and later get meat from them, you just simply and directly import meat.
Answer:
$480,000
Explanation:
Data provided as per the question below:-
Net income = $380,000
Depreciation = $70,000
Decrease in accounts receivable = $30,000
The computation of cash provided by operating activities is shown below:-
= Net income + Depreciation + Decrease in accounts receivable
= $380,000 + $70,000 + $30,000
= $480,000
Therefore we applied the above formula.
Answer:
Net Pay $3094.10 is the answer.
Explanation:
Gross pay $4600
Less: Social Security (4600*6.2%) 285.20
Less: FICA (4600*1.45%) 66.70
Less: Federal tax withheld 644
Less: contribution for health insurance 50
Less: contribution for retirement plan (4600*10%) 460
Net Pay $3094.10
Answer:
The answer is:
1 - Underutilization
2 - Efficiency
3 - Unattainability
Explanation:
Efficiency in economics means a situation in which all resources are optimally distributed to serve each entity in the best way while minimizing waste and inefficiency.
Underutilization in economics is also a a situation in which lesser resources are being utilized than the economy is capable of utilizing.
Unattainability is a situation in which what one to accomplish or achieve is not possible.
1 - Underutilization
2 - Efficiency
3 - Unattainability
Answer:
Date Accounts Titles and Explanations Debit Credit
Sept, 11 Cash $450
2016 Sales $450
(To record the Cash Sales)
Sept, 11 Warranty Expenses $40.50
2016 ($450 x 9%)
Estimated Warranty Payable $40.50
(To record the Warranty Expenses)
July, 24 Estimated Warranty Payable $32
2017 Repairs Parts Inventory $32
(To record the material taken from Inventory)
