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3 years ago

Producers' surplus is __________.

Business

1 answer:

evablogger [386]3 years ago

4 0

Answer:

the difference between the price a seller receives for a good and the minimum price for which he would have sold the good.

Explanation:

Producer surplus is the difference between the price a seller sells her goods and the least price she would be willing to sell her goods.

Consumer surplus is the difference between the price a buyer pays for a good and the highest price he would have paid for the good.

I hope my answer helps you

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The following transactions took place for Smart Solutions Inc. 2017 a. July 1 Loaned $79,000 to an employee of the company and r

OLEGan [10]

Answer:

1 July 2017 Notes receivable $79000 Dr

Cash $79000 Cr

31 Dec 2017 Interest receivable $3950 Dr

Interest revenue $3950 Cr

30 June 2018 Interest receivable $3950 Dr

Interest Revenue $3950 Cr

1 July 2018 Cash $7900 Dr

Interest receivable $7900 Cr

1 July 2018 Cash $79000 Dr

Notes receivable $79000 Cr

Explanation:

The receipt of note against issuing loan will cause a credit to cash against notes receivable.

The interest from July to Dec 2017 relates to 2017. Following accrual principle it will be recorded as interest revenue and as it is not received so an asset Interest receivable will be debited.

The interest expense for 6 months is = 79000 * 0.1 * 6/12 = 3950

First we will record the remaining interest on 30 June 2017. Remaining interest = 7900 - 3950 = 3950

Then we will debit cash on July 1 when interest is received and credit interest receivable to close the account.

The cash will be debited and notes receivable account will be closed by crediting it.

8 0

3 years ago

Mrs. Simpson is saving for her retirement. If she makes a payment of $1,000 at the end of each month for 15 years and earns a ra

solniwko [45]

Answer:

$272,942.36

Explanation:

The formula for calculating future value = A (B / r)

B = [(1 + r) ^mn] - 1

FV = Future value

P = Present value

R = interest rate

m = number of compounding per month

N = number of years = 0,0525 /12 = 0,004375

$1,000 (1.004375)^180 - 1 / 0,004375 =$272,942.36

8 0

3 years ago

The receptionist at Brunt Inc. is punctual, polite, and always cheerful. The firm's employees and customers all love her. Howeve

KonstantinChe [14]

The recommendation proposed by the supervisor would be the most adequate in a circumstance when 'The employee is highly motivated but lacks the ability, and training is not expected to help.'

In an organization, a recommendation for replacing an employee is made only when the employee fails to accomplish the required responsibility adequately.
In the given situation, the receptionist despite being extremely prompt, activated, and humble fails to complete the given duties as she lacks the required skills to justify her job's position in the company.
Thus, the recommendation for replacing her would be adequate as she lags behind in accomplishing the clerical tasks that play a key role in the organization's management.

Learn more about 'job recommendation' here:

brainly.com/question/1529799

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3 years ago

Shamrock, Inc. has 13000 shares of 5%, $100 par value, non-cumulative preferred stock and 52000 shares of $1 par value common st

ANTONII [103]

Answer:

the amount of dividends received by the common stockholders in 2017 is $91,000

Explanation:

Holders of Common Stock receive their dividends after Holders of preferred stock have received their share.This is because the Holders of preferred stock have first preference over Holders of Common Stock

Note : The Preference Shares are non-cumulative. Meaning that any dividends arrears will not be accumulated in other years.

Calculation of Dividends attributable to common stockholders

Dividend Declared and Paid - 2017 $156000

Less Preference Dividend(13000×100×5%) ($65,000)

Dividends attributable to common stockholders $91,000

8 0

3 years ago

Read 2 more answers

Product bundling refers to:

Igoryamba

Product bundling refers to: a complete package of related products.
Correct answer:C
It is a marketing strategy in which multiple products or components are packaged together into one bundled solution and are sold that way. Product bundling is common in telecommunications services, financial services, health care...

4 0

3 years ago