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3 years ago

11

Susan’s employer has a compensation package that includes vacation pay, retirement, and life insurance, but it allows employees

to choose which compensation they prefer. This is known as a

1 answer:

Ierofanga [76]3 years ago

8 0

Answer:

Cafeteria Plan

Explanation:

This compensation plan allow employee to choose benefit of their choices from the number benefit available

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Blythe Industries reports the following account balances: inventory of $417,600, equipment of $2,028,300, accounts payable of $2

aleksley [76]

Answer:

$783,400

Explanation:

The total assets comprise of current assets, fixed assets ,and the intangible assets

The current assets include cash, stock, account receivable, etc

Fixed assets include plant & machinery, land, equipment, furniture & fittings, etc.

And, the intangible assets include patents, copyrights, goodwill, etc.

So, the amount of the current assets is shown below:

= Inventory + cash + account receivable

= $417,600 + $51,900 + $313,900

= $783,400

The account payable is a current liabilities, Hence, we do not considered for the computation part

6 0

3 years ago

Economists' estimates of price elasticities can differ somewhat, depending on the time period and on the markets in which the

wolverine [178]

Answer:

Range of price elasticity of demand for cigarettes is from (-0.5) to (-0.3).

Explanation:

Percentage increase in price = 10%

Percentage reduction in quantity demanded = 3% to 5%

We are taking percentage change in the quantity demanded is equal to 3% for now.

Initial price elasticity of demand for cigarettes:

= Percentage change in quantity demanded ÷ Percentage change in price

= -3 ÷ 10

= -0.3

Now, we are taking percentage change in the quantity demanded is equal to 5%.

price elasticity of demand cigarettes:

= Percentage change in quantity demanded ÷ Percentage change in price

= -5 ÷ 10

= -0.5

Therefore, the range of price elasticity of demand for cigarettes is from (-0.5) to (-0.3).

5 0

3 years ago

France and England both produce cheese and cloth under conditions of constant opportunity costs. France will have a comparative

dem82 [27]

Answer:

D

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

For example, England produces 10 yards of clothes and 5 kg of cheese. France produces 5 yards of clothes and 10 kg of cheese.

for England,

opportunity cost of producing clothes = 5/10 = 0.5

opportunity cost of producing cheese = 10/5 = 2

for France,

opportunity cost of producing cheese = 5/10 = 0.5

opportunity cost of producing clothes = 10/5 = 2

England has a comparative advantage in the production of clothes and France has a comparative advantage in the production of cheese

5 0

2 years ago

During its first year of operations, Cupola Fan Corporation issued 43,000 of $1 par Class B shares for $450,000 on June 30, 2018

jasenka [17]

Answer:

cash 447,200 debit

common stock 43,000 credit

additional paid-in 404,200 credit

-- to record issuance of stocks --

dividends 94,600 debit

dividends payable 94,600 credit

-- to reocrd declaration of dividends --

dividends payable 94,600 debits

cash 94,600 credits

-- to record payment of cash dividends--

Explanation:

issuance of share:

43,000 x 1 = 43,000 common stock

cash procced 447,200 (450,000 - 2,800 flotation cost)

addition paid in 404,200 (difference between common stokc and procceds

dividends entries

dividends: 43,000 x 2.2 = 94,600 dividends

when declaringwe use a payable account

at payment date we write-off the payable and decrease cash.

4 0

3 years ago

When mary warren says that she pretended to faint in court, what is she asked to do? what is the result?

sveta [45]

When John Proctor come with his servant, Mary Warren, to the court, she has guaranteed to come clean. Thus, she admits that the young ladies' showmanship in the court, including her own, were "affectation." as such, they were lies. Reverend Parris says that when he touched her at that point, her skin was icy, and Proctor guarantees the court that she'd just been "put on a show to black out."

3 0

2 years ago