Should protesting be allowed at Biden’s inauguration?

The economic theory that is focused on group ownership of the means of production with all members of the community sharing in t

brilliants [131]

It is Communism I think-

6 0

3 years ago

Steven lives in a big city where there is a shortage of parking. He has a parking spot in his driveway where he parks his car. W

DENIUS [597]

Answer:

The correct answer is option C.

Explanation:

The opportunity cost of any economic decision is the cost of giving up its alternative. We are aware that we have limited resources with alternative uses and we have to use these resources to satisfy alternative needs and wants. In order to increase spending resources on one thing, we need to decrease spending on its alternative.

Here, the parking spot on the driveway can be used for personal use or can be used for renting. The opportunity cost of using the spot for personal parking is the money that could have been earned by renting it to others.

5 0

3 years ago

Walmart has developed a sophisticated inventory management and cost control system that allows rapid price changes for each prod

finlep [7]

Answer:

A. Radio Frequency Identification

Explanation:

The use of radio frequency identification is to ensure a timely identification of people or objects.

The technology uses radio waves to identify people or objects. There is a device that will be used to read information contained in a wireless device or tags from a distance without making physical contact or requiring a line of sight.

6 0

3 years ago

Caspian Sea Drinks needs to raise $41.00 million by issuing bonds. It plans to issue a 14.00 year semi-annual pay bond that has

Darya [45]

Answer:

Explanation:

Coupon rate = 5.07%

Yield to maturity = 4.84%

Rate = Yield/2 = 2.42%

N = 14 = 14*2 semiannually = 28 semiannually

Face value = $1000

PMT = (face value*coupon rate)/2 = $25.35

Need to find price which is PV

Using the financial calculator, PV = $1023

Number of bonds to be issued = 41,000,000/1023 = 40,078

5 0

3 years ago

Navajo Corporation traded a used truck (cost $20,000, accumulated depreciation $18,000) for a small computer with a fair value o

UNO [17]

Answer:

Dr Computer $3,300

Dr Accumulated depreciation-Truck $18,000

Cr Truck - Fixed Asset $20,000

Cr Gain on disposal of truck (Balancing Figure) $800

Cr Cash Account $500

Explanation:

The disposal of a Fixed asset is a three step procedure and is given as under:

Remove the Accumulated depreciation and the cost of the fixed asset
Record the receipt of the consideration at Fair Value
Record the payment or receipt of the cash

Always remember that the balancing figure will go to Profit and loss statement.

Step1: Remove the Accumulated depreciation and the cost of the fixed asset

The asset value and the accumulated depreciation would be removed from the books of accounts and the balance figure would be transfered to profit and loss account.

Dr Accumulated Depreciation $18,000

Dr Profit & Loss Account $2,000

Cr Truck - Fixed Asset $20,000

Step2: Record the receipt of the consideration at Fair Value

Dr Computer - Fixed Asset $3,300

Cr Profit and Loss Account $3,300

Step3: Record the payment or receipt of the cash

The receipt of the payment will treated as:

Dr Profit and loss Account $500

Cr Cash Account $500

The aggregate Effect if I summarizee would be:

Dr Computer $3,300

Dr Accumulated depreciation-Truck $18,000

Cr Truck - Fixed Asset $20,000

Cr Gain on disposal of truck (Balancing Figure) $800

Cr Cash Account $500

8 0

3 years ago