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anyanavicka [17]
3 years ago
6

Inflation is often measured by evaluating changes in the cost of a fixed basket of goods and services. this method_______ inflat

ion because it does not account for changes in spending patterns that result from relative price changes. this problem in known as ____. another problem with this technique is that it fails to recognize changes in the caliber of goods over time. as an example, consider cable television service. though the cost has remained relatively constant over time, the development of high-definition programing and more channels imply a substantial difference in caliber. this problem is known as _____.
Business
1 answer:
stealth61 [152]3 years ago
8 0
Is there any answer choices ?
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Bear tracks, inc., has current assets of $2,180, net fixed assets of $9,400, current liabilities of $1,355, and long-term debt o
abruzzese [7]

(a) Total assets = Current assets + Fixed assets  

Total assets = 2180 +9400 = 11,580

Total liabilities = Current liabilities + long term debt

Total liabilities = 1355+3990 = 5,345

According t the accounting equation, Stockholders equity = Total assets - Total liabilities =  11,580-5,345 = 6,235

Stockholders equity = $6,235

(b) Working capital = Current assets - Current liabilities

Working Capital = 2180-1355

Working Capital = $825

3 0
3 years ago
Consider a bank balance​ sheet, with​ "Assets" on the left and​ "Liabilities" on the right side. Identify where the following it
Anvisha [2.4K]

Answer:

C. ​I: assets;​ II: liabilities.

Explanation:

Assets are the physical and intangible properties of business or individual. They are resources used in generating revenues or profits for a business. Assets add value or increase the capital of a company.  Examples of assets include cash, inventory, investments, office equipment, and plant and machinery.

Liabilities are debts or obligations that a firm or individual owe to other entities or individuals. Liabilities decrease the net value of a company. Examples of liabilities include Bank debt, money owed to suppliers (accounts payable), Wages owed,  and Mortgage debt.

Cash belonging to a bank but held in another bank account is, therefore, an asset, while money borrowed is a debt, hence a liability.

7 0
3 years ago
Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football
natita [175]

Answer:

Find the answers in the explanation section below

Explanation:

The return on equity for each of the partners and the firm in total is the net income for the year divided by average capital invested in the business in the year.

Average capital or equity is the beginning balance plus ending balance divided by 2:

Hockey LP:

Annual net income is $36,664

average equity=($345,000+$381,664)/2=$363,332

return on equity= $36,664/$363,332 =10.09%

Football LP:

Annual net income is $751,612

average equity=($1,414,500+ $2,046,112)/2=$1,730,306

return on equity=$751,612/$1,730,306 =43.44%

Rugged sports:

Annual net income is $788,276

average equity=($1,759,500+ $2,427,776)/2=$2093638

return on equity=$788276/$2093638 =37.65%

6 0
3 years ago
Hill Manufacturing uses departmental cost driver rates to apply manufacturing overhead costs to products. Manufacturing overhead
Natasha_Volkova [10]

Answer:

a. Manufacturing overhead allocation rate for each department.

<u>Machining Department</u>

Overhead allocation rate =  $2.50

<u>Assembly Department</u>

Overhead allocation rate = $4.00

b.  total cost of Job #846 is $6,505

Explanation:

a. Manufacturing overhead allocation rate for each department.

<u>Machining Department</u>

Overhead allocation rate = Overhead / Machine hours

                                          = $250,000/ 100,000

                                          = $2.50

<u>Assembly Department</u>

Overhead allocation rate = Overhead / direct labor-hours

                                          = $360,000/ 90,000

                                          = $4.00

b.  total cost of Job #846

Direct material cost :

Machining                               $2,700

Assembly                                 $1,600

Direct labor cost    :

Machining                                $ 400

Assembly                                 $ 900

Overhead Costs   :

Machining ( $2.50 × 170)        $ 425

Assembly ( $4.00 × 120)         $ 480

Total Cost                               $6,505

5 0
3 years ago
Photo Co. operates four film developing plants in upstate New York. The four plants are identical. They employ the same producti
GalinKa [24]
Films where made to entertain other people so they would get money that is the answer
3 0
3 years ago
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