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Svetradugi [14.3K]
3 years ago
11

When a price floor becomes binding because of the change in the supply of hops, the net effect will be ?

Business
1 answer:
Svet_ta [14]3 years ago
5 0

Price floor is the maximum price in the market.

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2. The La Salle Bus Company has decided to purchase a new bus for $95,000 with a trade-in of their old bus. The old bus has a BV
Lera25 [3.4K]

Answer:

a.

9 recovery period years class

b.

$8,889 per year

Explanation:

a.

Buses are 9 years recovery period class , in which it is depreciated using historical method and it has 5 years GDS class life.

b.

Straight Line depreciation is a method of depreciation in which the cost of the asset net of residual value is divided over useful life.

We will depreciate this asset for only 9 years because it has 9 years class, even it will be kept for 10 years but the depreciation charged for 9 years.

Depreciation rate = ( Cost - Salvage Value ) / useful life = ($95,000 - $15,000) / 9 = $8,889

Depreciation charged in 2018 = $19,500

5 0
3 years ago
Read 2 more answers
Which is the most accurate statement about trade? a. Trade can make every person better off. b. Trade helps rich people and hurt
laiz [17]

Answer:

a. Trade can make every person better off.

Explanation:

Trade generates a benefit for all parties trading. If a party do not fell like winning with trade, it will stop trading and the trade will not occur. It is important for each party to make sure the other wants to keep trading, so quantity and price will be based upon both parties agreement.

A person can trade for product she produces, for example a person who produce a certain fruit can buy the same fruit when is off-station in their side of the world with another producer.

It could also trade becasue is the raw material of a finished product and it need more input for his facilities.

If a person or a party who is trading thinks is worse than before the trade, then it will stop trading so, as long as there is trade, both parties are better off after the trade.

7 0
3 years ago
Consider the table below, which shows seven potential customers who are interested in taking a 30-minute helicopter ride. The he
Goshia [24]

Answer:

hi you seem like a really nice persen sorry

Explanation:

8 0
3 years ago
Southern Printing Corp. produces high-end booklets for university graduations listing all the participating students at a given
Troyanec [42]

Answer:

Single period

Explanation:

In the case when the corporation wants to generate the high end booklets for the graduations that listed for the students who participated so here we use the single period inventory model for optimizing the booklet amount of an inventory that generated for each graduation as it is same to be considered and relevant

7 0
2 years ago
Mathis Co. at the end of 2017, its first year Of operations, prepared a reconciliation between pretax financial income and taxab
hram777 [196]

Answer:

$360,000, $ 900,000, $360,000

Explanation:

Particulars Amount

Income tax payable($1, 800,000 * 30%) $ 540,000

Less: Change in deferred tax asset ($3,000,000 *30%) $ 9,000,000

Add: Change in deferred tax liability ($ 2,400,000 * 30%) $ 720, 000

Income tax expense $ 360,000

Deferred tax asset ($ 3,000,000 *30%) = $ 900,000

Deferred tax asset = $ 900,000 non current

Deferred Tax liability to be recognized($ 1, 200,000 * 30%)  $360,000

check the attached file for well formatted solution

4 0
3 years ago
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