You should FOLLOW UP on items that: ______________, _________________, _______________

Which statement is true? A. In economics, land refers to all the natural resources found on land alone. B. In economics, capital

jekas [21]

Answer: C

Of the four statements, only C is true.

In economics, land refers to all the natural resources found not on land alone. In economics, capital includes not only tangible objects used for production but also intangible.

A point on the PPC (Production Possibilities Curve) indicates maximum utilization of available resources, while a point under the PPC indicates inefficient and not overutilization of available resources.

6 0

3 years ago

If new technologies reduce the marginal cost of abatement (MCA), which method of regulating emissions will result in the larges

JulsSmile [24]

Answer:

The answer is option D) All three methods will result in the same level of emissions reduction.

Explanation:

Marginal abatement cost is the cost associated with eliminating a unit of pollution.

As the amount of pollution released goes down, the marginal abatement cost increases.

Transferable emissions permit allow Firms that pollute less to sell their leftover pollution permits to firms that pollute more.

Emissions fee is a charge for permits to discharge specific quantities of a specific pollutant per time period.

made for market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. A central authority allocates or sells a limited number of

Emissions Standards set quantitative limits on the permissible amount of specific air pollutants that may be released from specific sources over a specific period. It is a legal requirement for companies that emit harmful gases into the atmosphere.

3 0

4 years ago

The net income reported on the income statement for the current year was $295,000. Depreciation recorded on fixed assets and amo

maksim [4K]

Answer:

The Net cash is 302.000

Explanation:

To get net cash flow using the indirect method we must make adjustments to the net income.

With the balance data, we get the decrease or increase of the differents accounts.

End Beginning Cash $ 50,000 $ 60,000

Decrease in cash -10000

Accounts receivable 112,000 108,000

Increase in accounts receivable 4000

Inventories 105,000 93,000

inventory increased 12000

Prepaid expenses 4,500 6,500

decreased Prepaid expenses -2000

Accounts payable (merchandise creditors) 75,000 89,000

accounts payable decreased -14000

It depends on the account if it is added or subtracted to net income. Below you will find the added account with a plus (+) and the subtracted ones with a minus (-)

Net income 295.000

Adjustment to reconcile the net income to cash

+ Depreciation expense 40.000

+ amortization of patents 5.000

- Decrease in cash (10.000)

- Increase in accounts receivable (4.000)

- inventory increased (12.000)

+ decreased Prepaid expenses 2.000

- accounts payable decreased (14.000)

Net cash 302.000

8 0

3 years ago

The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. Compute the number of units

aev [14]

Answer:

Break-even point= 58621 units

Explanation:

Giving the following information:

Sales (50,000 units) $ 1,000,000

Costs:

Direct materials $ 270,000

Direct labor 240,000

Fixed factory overhead 100,000

Variable factory overhead 150,000

Fixed marketing costs 110,000

Variable marketing costs 50,000

We need to use the following formula:

Break-even point= fixed costs/ contribution margin

Price= 1,000,000/50,000= $20

Variable cost= direct material + direct labor + variable moh + variable mkt cots= 270,000 + 240,000 + 150,000 + 50,000= $710,000

Unitary variable cost= 710,000/50,000= $14.2

Fixed costs= fixed moh + fixed mkt= 100,000 + 110,000= 210,000

Profit= 130,000

Break-even point= (210,000 + 130,000) / (20 - 14.2)= 58621 units

8 0

4 years ago

Last year, Capriana Corporation (CC) had sales of $200 million, and its inventory turnover ratio was 5.0. The CC’s current asset

Brilliant_brown [7]

Answer:

quick ratio = 0.72

Explanation:

given data

sales = $200 million

inventory turnover ratio = 5.0

current assets totaled = $100 million

current ratio = 1.2

solution

we get here quick ratio so here

inventory turnover ratio = $\frac{sales}{inventory}$ ...............1

put here value

inventory = $\frac{200}{5}$

inventory = 40

and

now we get current liability

current ratio = $\frac{current\ assets}{current\ liability}$ ...............2

put here value

current liability = $\frac{100}{1.20}$

current liability = 83.33

and here quick ratio

quick ratio = $\frac{current\ assets - inventory}{current\ liability}$ .............3

quick ratio = $\frac{100-40}{83.33}$

quick ratio = 0.72

7 0

4 years ago

You should FOLLOW UP on items that: ______________, _________________, ________________.

You should FOLLOW UP on items that: ______, _, ________.