WILL GIVE BRAINLIETS, NEED HELP ASAP

Ace Hauling, Inc., has been transporting industrial tailings for companies around the Minneapolis/St. Paul area for the past dec

natulia [17]

Answer: The correct answer is "b. Ace has done nothing to change its CERCLA liability."

Explanation: CERCLA is the Comprehensive Environmental Response, Compensation and Responsibility Act and was designed to promote cleaning, maintenance and protection of the environment against hazardous waste.

Those responsible for releasing dangerous substances are identified to take care of their cleaning through the superfunds, therefore by creating the new corporation and transferring the assets: Ace has done nothing to change its CERCLA liability.

7 0

4 years ago

In a certain year, the aggregate amount demanded at the existing price level consists of $100 billion of consumption, $40 billio

valkas [14]

Answer:

The answer is: decrease government spending or increase tax rates.

Explanation:

Nominal GDP is currently $170 billions (= $100 billions + $40 billions + $20 billions + $10 billions).

Since full employment GDP = $120 billions, the nominal GDP is much higher ($170 billions > $120 billions). So the government must try to cool the economy and the two main ways it can do it is by reducing government spending or by raising taxes which will lower private consumption.

5 0

3 years ago

If total liabilities decreased by $27,275 during a period of time and stockholders' equity increased by $34,366 during the same

Lilit [14]

Answer:

d.$7,091 increase

Explanation:

From the accounting equation, assets = liabilities + equity. If the total liabilities decrease by $27,275, the assets will also decrease by $27,275. Similarly, when stockholders' equity increased by $34,366, the amount of assets will increase by the same amount. The net increase in assets will be $7,091, which is the difference between the increase in stockholders' equity and the decrease in liabilities ($34,366 - $27,275).

5 0

3 years ago

Assume that demand for a commodity is represented by the equation P=10−0.2Qd. Supply is represented by the equation P=2+0.2Qs, w

svet-max [94.6K]

Answer:

Equilibrium price=6

Equilibrium quantity=20

Explanation:

P=10-0.2Qd

P-10= -0.2Qd

Qd=p-10/-0.2

Qd=-5p+50

P=2+0.2Qs

P-2=0.2Qs

Qs=p-2/0.2

Qs=5p-10

(a)

Qs=Qd

5p-10= -5p+50

5p-10+5p-50=0

10p-60=0

10p=60

p=6

Equilibrium price=6

Equilibrium quantity

Qd=-5p+50

=-5(6)+50

=-30+50

=20

Qs=5p-10

=5(6)-10

=30-10

=20

Equilibrium quantity=20

(c) Graph has been attached showing the equilibrium price and quantity

8 0

3 years ago

Go Fly A Kite is considering making and selling custom kites in two sizes. The small kites would be priced at $10.70 and the lar

ivanzaharov [21]

Answer:

Operating cash flow = $20,990

Explanation:

Go Fly A Kite

Operating Cash Flow

small kites large kites Total

Sales Volume 2,700 1,730 4,430

Sales per unit $10.70 $23.70 -

Sales Revenue $28,890 $41,001 $69,891

<u>Less: Variable expense $(13,905) $(19,549) $(33,454) </u>

Contribution Margin $14,985 $21,452 $36,437

Less: Fixed expense $(2,120)

Net operating income $34,317

Therefore, operating cash flow = net operating income after tax + depreciation

operating cash flow = $34,317 × (1 - 0.40) + ($1,000 × 0.40)

Hence, operating cash flow = $20,590 + 400 = $20,990

3 0

3 years ago