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3 years ago

Which of the following is an advantage of utilizing technology?

Business

1 answer:

8090 [49]3 years ago

7 0

Answer:

C. Productivity increases.

Explanation:

Technology is the application of skills, knowledge which could be scientifically in solving problems, it can be in production of good and services.

Technology brings about automation, it saves time and provide efficiency in operation.

It should be noted that Productivity increases is an advantage of utilizing technology all over the world.

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simpson and homer corporation acquired an office building on three acres of land for a lump-sum price of $2,400,000. The buildin

Free_Kalibri [48]

Answer:

The amount that the company would record for building would be $1,200,000.

Explanation:

We can allocate the fair values as follows:

Particulars Fair value Allocated amount

(a) (b) = (a)/Total*$2.4m

Building $1,300,000 $1,200,000

Land $780,000 720,000

Equipment $520,000 480,000

Total $2,600,000 $2,400,000

The amount that the company would record for building would be $1,200,000.

4 0

3 years ago

A financial advisor offers you two investment opportunities. Both offer a rate of return of 11%. Investment A promises to pay yo

dsp73

Answer:

The value of x is 566.36

Explanation:

The value of x should be such that the present value of both Investments is the same when discounted at a rate of 11%. To calculate the present value, we use the following formula,

Present Value = CF 1 / (1+r) + CF 2 / (1+r)^2 + ... + CFn / (1+r)^n

Where,

CF represents Cash flow
r represents the discount rate

So, we equate both the present value of Investment A and B to calculate the value of x.

Present Value of A = Present Value of B

450/(1.11) + 650/(1.11)^2 + 850/(1.11)^3 = 850/(1.11) + x/(1.11)^2 + 450/(1.11)^3

1554.472661 = 765.7657658 + x/(1.11)^2 + 329.0361216

1554.472661 - 765.7657658 - 329.0361216 = x/(1.11)^2

459.6707736 * (1.11)^2 = x

x = 566.3603602 rounded off to 566.36

3 0

3 years ago

If the cpi is 100 in the base year and 108 in the current year, how much did prices rise between the base year and the current y

leva [86]

CPI (Consumer Price Index) is a measure of changes in prices paid by consumers for goods and services. It is used to estimate the changes in prices.
Therefore;

Change in prices = (CPI in current year - CPI in base year)/CPI in base year

Substituting for the values given in the current problem
Changes in prices = (108-100)/100 = 8/100 = 0.08 or 8%.

This shows that prices increased by 8% in the current year compared to the base year.

6 0

3 years ago

The slope of the demand for loanable funds curve represents the...

USPshnik [31]

Answer: c. negative relation between the real interest rate and saving.

Explanation: Savings belong to what an economy saves from its income, which in turn represents national savings. We also have the investment and the net capital flow. The balance is reached when the amount of savings equals investment and net capital flows or demand for loanable flows.

Therefore, we can say that the demand is negative when interest rates rise, since this retracts the economy and decreases the savings and thus the money available to lend.

7 0

3 years ago

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2

VARVARA [1.3K]

Answer:

a. First set of entries:

Debit: Accounts receivable with $2,000

Credit: Bad debt expenses with $2,000

b. Second set of entries:

Debit: Cash with $2,000

Credit: Account receivables $2,000

Explanation:

These entries will appear as follows in the book Gideon Company on July 10:

Details DR ($) CR ($)

Accounts receivable 2,000

Bad debt expenses 2,000

<em>Being the transfer of the bad debt recovered back to the accounts receivable.</em>

Cash 2,000

Account receivables 2,000

<em>Being the cash income received in respect of bad debt recovered.</em>

4 0

3 years ago

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