Answer:
$5,000
Explanation:
The computation of the amount that should be reported for net financing cash flows is shown below:
Cash flows from financing activities
Receipt from the bank for long-term borrowing $6,000
Less: dividend paid -$1,000
Net cash flows from financing activities $5,000
The positive amount represents the cash inflow and the negative amount represent the cash outflow and the same is to be considered
When a positive externality exists the socially optimal level of output will be greater than that resulting from a private market.
The output level that takes into account all of the benefits and drawbacks of a transaction, or the equilibrium that would be reached if the results of the market took into account the impact of externalities.
"The ideal distribution of resources in society, taking into consideration all external costs and benefits as well as internal costs and advantages," is how economists define a "socially optimal solution."
The distribution that a charitable social planner chooses, limited solely by the endowment of resources, is the social optimum. In general, the social optimum will not be possible if the social planner's policy tools are constrained.
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Answer:
(1) NO As this maintenaince will be done in order to keep the current value It is an expenditure to avoid decay of the plant assets
(2) Yes it should be capitalizeds as increase the useful life of the assets (thus the depreciation will change as well as the useful years remaining increases
(3) Yes it should be. As increase the utility it will have a higher future positive cashflow in the future.
Explanation:
We are asked under which circumnstances the amont spend in the maintenance or overhaul should increase the plant asset account or be considered expense of the period.
Answer:
b. Smokey will win because the contract did not need to be in writing.
Explanation:
The Statute of Fraud requires that certain contracts must be in writing to be enforceable. Oral contracts are enforceable if they fulfill certain conditions and if the consideration is below $500. The contract between Speed Racer and Smokey is for less than $495 which clarifies that the contract does not need to be in writing. Also Smokey paid $100 as a deposit to Speed Racer which is part performance of the contract. This made the contract enforceable and Speed Racer will lose.
I believe the answer is: The employees can use sign language to communicate with Matt.
From the options above, using sign language would be the most efficient to eliminate barrier of interaction between matt and the rest of the employees.
Using sign language not only allow matt to do his part job wise but it also make him feel included within the social circle at the work place.