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Sveta_85 [38]
3 years ago
10

Garcia Company has 10,500 units of its product that were produced last year at a total cost of $157,500. The units were damaged

in a rainstorm because the warehouse where they were stored developed a leak in the roof. Garcia can sell the units as is for $2 each or it can repair the units at a total cost of $18,500 and then sell them for $6 each. Calculate the incremental net income if the units are repaired
Business
1 answer:
Helen [10]3 years ago
4 0
157,500-10,500x6 calculate that up
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Forecasts projecting that resources such as oil, trees, and farm land will be depleted have been incorrect primarily because the
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The correct option is D.
Some natural resources have been predicted that they will soon be depleted. This forecasting has not materialized because the government has increased its efforts to conserve the presently available resources and to also look for other alternatives or more of these resources.
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3 years ago
Three years ago, Sydney remodeled her home. Rather than discarding some shelving units that were in her home, she moved them to
Alisiya [41]

The correct answers are, $1200 and -$200.

Sydney has taken depreciation on the shelves of $300. The amount of basis and the amount of the gain or loss recognized on the sale of the shelves are $1200 and -$200 respectively.

Explanation:

Fair market value at the date of conversion = $1,500

Depreciation on the Shelves = $300

Basis = Fair market value - Depreciation

Basis = $1500 - $300 = $1,200  

So Basis = $1,200

Now

Sale Price of Shelves = $1,000

Adjusted Basis = $1,200

Loss would be = Sale price - Adjusted Basis

Loss = $1000 - $1200

Loss = -$200

So, Loss = $200

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4 0
3 years ago
In the short​ run, a firm in monopolistic competition​ ______. A. incurs an economic loss B. breaks even C. makes its output and
Dmitrij [34]

Answer:

D. always makes an economic profit

Explanation:

A monopolistically competitive markets consists of firms that sell differentiated products. In the market, there are free entry and free exist, but each firm enjoys a kind of monopoly its products which are the same to other products in the market but are different as a result of branding.

In the short run, the monopoly enjoys on the differentiated product enables the monopolistically competitive firm to make an economic profit. But due to free entry and exist in the market, the firm economic profit will be zero while it only make normal profit.

8 0
4 years ago
If the dollars held for transactions purposes are, on the average, spent four times a year for final goods and services, then th
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Answer:

The answer is (B) which is the 25 percent of nominal GDP.

Now, the question may arise that what prompted us in choosing the option (b)

This consequentially will take us to the point where we define and discuss on how we calculate for nominal GDP

What is nominal GDP:

Nominal GDP which simply means a group or pattern of measurement of a country gross domestic product. It is usually being analysed at market current prices. Hence, nominal GDP includes all of the changes in market prices that happened during the current  or existing year due to inflation or deflation.

How do we calculate for nominal GDP:

It is calculated by dividing Nominal GDP by Real GDP and then multiplying by 100.

It should also be noted that Nominal GDP is the market value of goods and services produced in an economy in its raw or un-adjusted  format for inflation. Real GDP is nominal GDP, adjusted for inflation to reflect changes in real output.

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4 years ago
How would a business person be most likely to use a seed capital
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A business person would most likely use seed capital to start a new business or use it to contribute financially to the business. 
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