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Vaselesa [24]
3 years ago
5

Sandy borrows Mike’s car for weekend. The car gets a flat tire, so Sandy purchases a new one. Mike now owns the new tire. This m

ethod of acquiring ownership is called _____.
A. Purchase
B.production
C. Confusion
D. Accession
Business
1 answer:
daser333 [38]3 years ago
7 0

Answer:

D. Accession

Explanation:

Mike gained the property through acession because Sandy's tire was attached to his car so he gained the tire.

You might be interested in
A competitive firm maximizes profit by choosing a level of output where the world price is equal to the firm's
klemol [59]

Answer: c. Marginal Cost

Explanation:

A Competitive firm operates in a market where they are price takers. This means that the price they charge is equal to both their average revenue and their Marginal Revenue.

P = MR = AR

Companies maximise profit at a point where Marginal Revenue equals Marginal Cost because at this point, resources are being fully utilized.

If the Competitive firm's Price is the same as its Marginal Revenue this means that to maximise profits, the firm should choose an output level where the price is equal to the marginal cost.

6 0
3 years ago
Henri earned a salary of $50,000 in 2001 and $70,000 in 2006. The consumer price index was 177 in 2001 and 265.5 in 2006. Henri'
kvv77 [185]

Answer:

$46,666.67

Explanation:

Henri earned a salary of $50,000 in 2001

He earned $70,000 in 2006

The consumer price index in 2001 was 177 and in 2006 was 265.5

Therefore his salary in 2001 can be calculated as follows

= 70,000/265.5 × 177

= 263.65 × 177

= 46,666.67

3 0
2 years ago
On December 31, Briar Co. disposed of a piece of equipment that cost $6,000 with accumulated depreciation as of December 31 of $
Setler [38]

Briar Co. disposed of a $6,000 piece of equipment on December 31 with $4,500 in accrued depreciation as of that date. Then $1,500 will be debited from the Loss on Equipment Disposal account.

<h3>What is loss on Equipment Disposal account?</h3>

Gain/Loss on Asset Disposal is a common account name of the Equipment Disposal account.

The net difference between the initial asset cost and any cumulative depreciation (if any) is debited to the disposal account, while the balances in the fixed asset account and the accumulated depreciation are reversed.

On December 31, the debited amount is calculated as:

=\text{Disposed Equipment- Accumulated Depreciation}\\\\ =\$6,000- \$4,500\\\\ =\$1,500

Therefore, $1,500 will be the amount of loss on disposal of the Equipment.

Learn more about the depreciation, refer to:

brainly.com/question/14682335

#SPJ1

7 0
2 years ago
The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save mo
dmitriy555 [2]

Answer:

$19,385.93

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow in year 0 = $-48,000.

Cash flow in year 1 = $18,000.

Cash flow in year 2 = $22,000.

Cash flow in year 3 = $25,000.

Cash flow in year 4 = $12,000.

Cash flow in year 5 = $7,000.

I = 9%

NPV = $19,385.93

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

7 0
3 years ago
10. If you must calculate the present value of an amount at 12% compounded quarterly for 2 years, then the interest factor used
elixir [45]

Answer:

Rate of interest will be 3 %

And number of periods will be 8

So option (a) will be correct option

Explanation:

We have given rate of interest = 12 %

And time period = 2 years

We have rate of interest is the money is compounded quarterly

When money is compounded then we divide the rate of interest by 4 and multiply time period by 4

So rate of interest for quarterly will be =\frac{12}{4}=3 %

And number of periods will be =2\times 4=8period

So option (a) will be the correct answer

4 0
3 years ago
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