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DanielleElmas [232]
4 years ago
8

A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her cos

ts, she either uses copper or bronze but not both. This means that copper and bronze are perfect substitutes and that her isoquant curve is right-angled.
Business
1 answer:
stiks02 [169]4 years ago
7 0

Answer: straight lines that are parallel to each other

Explanation: Q: A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her costs, she either uses copper or bronze but not both. What must her isoquants look like?

An isoquant curve is defined as a line of equal or constant economic production on a graph, chart or map which describes all the combinations of inputs that produce the same level of output. If the jeweler either uses copper or bronze but not both, it means that the copper and bronze are perfect substitutes, that is,  they are two inputs that can be substituted for each other at a constant rate and at the same time maintaining the same output level. Her isoquants would appear as straight lines that are parallel to each other because all that matters is the sum of the two variables (copper and bronze), and not their individual values.

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On the first day of its fiscal year, Scooter Co. purchased a computer system for a total cost of $50,000. The computer system is
Gnom [1K]

Answer:

$20000

Explanation:

Given: Total cost of computer system= $50000.

           Residual value= $5000.

           Useful life= 5 years.

Now, calculating depreciation expense as per double-declining balance method.

Depreciation\ expense= (cost- Accumlated\ depreciation)\times \frac{2}{useful\ life}

⇒ Depreciation\ expense= (\$ 50000- \$0)\times \frac{2}{5}

⇒ Depreciation\ expense= \$ 50000\times \frac{2}{5}

∴ Depreciation\ expense= \$ 20000

Hence, $20000 is the depreciation expense for first year as per double-declining balance method.

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3 years ago
What are the largest asset and the largest liability of a typical​ bank?
nexus9112 [7]
Trust, Honesty are the largest assets
5 0
3 years ago
Company XYZ closed at ​$ per share with a​ P/E ratio of . Answer the following questions. a. How much were earnings per​ share?
uysha [10]

Answer:

Hello your question is incomplete below is the complete question

Company XYZ closed at ​$53.02 per share with a​ P/E ratio of 14.02 .

Answer :

A)  $3.79

B) underpriced

Explanation:

Given data:

Closing price  ( price per share ) = $53.02

P/E ratio = 14.02

A ) How much earnings per share

Earnings per share = price per share / (P/E) ratio

                                =  53.02 / 14.02 =  $3.79

B) To check if the stock is overpriced, underpriced or about right

i) At P/E ratio = 12

 Earnings per share = 53.02 / 12 = $4.43

 Earning yield = ( earning per share / market value ) * 100

                        =  ( 4.43 / 53.02 ) * 100 = 8.33%

ii) At P/E ratio = 13

Earnings per share = 53.02 / 13 = $4.09

Earning Yield = ( earning per share / market value ) * 100

                      = (4.09 / 53.02 ) * 100 = 7.69%

iii) At P/E ratio = 14

Earnings per share = 53.02 / 14 = $ 3.8

Earnings yield = ( earning per share / market value ) * 100

                        = ( 3.8 / 53.02 ) * 100 = 7.14%

The average of the earning yield given P/E ratio is 12-14

= ( 8.33 + 7.69 + 7.14 ) % / 3 = 7.72%

while  The earning yield given P/E ratio is 14.02

=  ( earning per share / market value ) * 100

= ( 3.79 / 53.02 ) * 100 =  7.12%

Therefore the stock is underpriced

4 0
3 years ago
On February 1, 2021, Strauss-Lombardi issued 8% bonds, dated February 1, with a face amount of $810,000. The bonds sold for $735
Mnenie [13.5K]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

Interest paid semiannually on July 31, and Jan 31,

so the rate of interest is :- 9% × 6÷12 = 4.5%  and  8% × 6÷12 = 4%

Date    Interest         Paid interest 4%         Amortized         Carrying value

       expenses 4.50%                             discount amount

February,1                                                    $735,474

July,31 $33,096   -   $32,400                    $696            $736,170

Jan.31      $33,128   -   $32,400                    $728            $736,898

Working note =

Paid interest = $810,000 × 4÷100 = 32,400

Interest expenses in July,31 = $735,474 × 4.5 ÷ 100

= 33,096.33 or $33,096

Interest expenses in January,31 = $736,170 × 4.5÷100

= 33,127.65 or $33,128

Carrying Value = Previous Carrying Value + Amortized Discount Amount

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= $735,474 + $696

= $736,170

Jan,31 =  $736,170 + $728 = $736,898

Journal Entry

Feb,1  Cash A/c Dr. $735,474

  Discount on bonds payable A/c Dr. $74,526

  To bonds payable A/c      $810,000

         (To Record the issuance of bond)

July,31 Interest expense A/c Dr. $33,096

     To Discount on bonds payable A/c  $696

     To Cash A/c $32,400

            (To Record the interest expense)

Dec,31  Interest expense A/c Dr. $27,606

      (9% × 5÷12) × $736,170

     To Discount on bonds payable A/c $606

     To Cash A/c $27,000    (8% × 5÷12) × $810,000  

           (To Record the accrued interest)

Jan,31  Interest expense A/c Dr. $5,522

    Interest payable A/c Dr. $27,000

    To Cash A/c $32,400

    To Discount on bonds payable A/c $122

 ($728 - $606) = $122

          (To Record the interest on January)

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Ierofanga [76]

There are a lot of constraint in business. What one should do as a result of this change is to Understand what functionality was added.

<h3>What are change control processes?</h3>

Change control is known as the process where all requests to change the approved parts of a project, program or portfolio are put or place into, looked or evaluated and then it is approved, rejected or deferred.

By understanding what functionality was added, one can make the best possible decision.

See the options below

Issue an approved change request.

Instruct the team member to remove the extra functionality.

Implement change control processes to track the change.

Understand what functionality was added.

Learn more about constraint in business from

brainly.com/question/6966983

3 0
3 years ago
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