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3 years ago

What is the principle of supply and demand?

Business

2 answers:

ch4aika [34]3 years ago

8 0

Answer:

erm

Explanation:

The more supply, the less demand. The less supply, the more demand.

sashaice [31]3 years ago

5 0

Answer:

This is a theory that says interaction between sellers of a resource and the buyers of that resource.

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Who would you vote for if you could? Explain Why connecting to issues facing your community.

andre [41]

Answer:

Explanation:

vote for what

4 0

2 years ago

Of the two main methods of withholding, only the wage-bracket method distinguishes unmarried persons from married persons.

BigorU [14]

Both the percentage method and the wage-bracket method are used to distinguish unmarried persons from married persons. These methods are useful in the calculation of wages and percentages based on the number of dependents which changes when your status is changed from single to married.

3 0

3 years ago

On November 30, Parlor, Inc. purchased for cash at $15 per share all 250,000 shares of the outstanding common stock of Shaw Co.

scoray [572]

Answer:

Value of goodwill = $350,000

Explanation:

In case where is investment in 100% shares of a company then that may give rise to goodwill or rise to capital reserve.

Any amount paid to acquire that interest in company more than the value of such company is recorded as goodwill.

Here, cost of acquisition = $15 $\times$ 250,000 = $3,750,000

Carrying value of net assets of the company = $3,000,000

Increase in value due to fair value = $400,000

Value of goodwill = Purchase price - Fair Value of net assets

Therefore, value of goodwill = $3,750,000 - ($3,000,000 + $400,000) = $350,000

7 0

3 years ago

A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper $480 per week Fixed

riadik2000 [5.3K]

Answer:

a) (480-320)X - 192,000

where:

X is the camper amount which is an integer between;

0 < X <200

b) it will require 1,200 over the course of 12 weeks

c) operating gain of 115,200

d) marginal cost at 80% capacity: 320

average cost: 420 per camper per week

Explanation:

b) contribution per camper:

480 - 320 = 160 dollars

fixed cost 192,000

192,000 / 160 = 1,200 campers

c) at 80% capacity:

200 camper x 12 weeks x 80% x 160 contribution =

307.200‬ contribution

- 192,000 fixed cost

115,200 operating gain

d) the marginal cost per camper would be the 320 cost per week as the fixed cost are incurrent already thus, each new camper cost is only their variable cost.

the average cost per camper will be:

200 camper x 12 weeks x 80% = 1,920 campers

the average cost would be the sum of variable and fixed cost:

(1,920 x 320 + 192,000) / 1,920 = 420‬

we cna verify this:

(480 - 420) x 1,920 = 115.200‬

we get the same income as before thus, the calculation are correct.

3 0

3 years ago

Point Company paid $4,000 cash to purchase a new machine. The company also paid $500 cash for an initial training cost that was

spin [16.1K]

Answer:

Dr Machinery $4500

Cr Cash $4500

Explanation:

The reason is that the Internation Accounting Standard IAS 16 Property, Plant & Equipment says that the company must capitalized all those costs that are necessary to make the asset ready to use which means that the cost of training which is $500 and purchasing cost which is $4000 must be capitalized as part of the asset.

So the entry would be:

Dr Machinery $4500

Cr Cash $4500

4 0

3 years ago