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3 years ago

A market surplus occurs when: People cannot buy the amount of goods and services that they are willing and able to buy.

Business

1 answer:

Inga [223]3 years ago

3 0

Answer: b. The quantity supplied exceeds the quantity demanded at a given price.

Explanation:

A market surplus is a situation where suppliers have supplied to the market, more goods than the demand can take at a given price.

This will lead to the suppliers having unsold goods and they will respond by reducing their prices so that they may be able to sell because the law of demand shows that when prices reduce for normal goods, quantity demanded increases.

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Mogul Company ships merchandise to Ski Outfit in a consignment arrangement. The arrangement specifies that Ski Outfit will attem

Yuliya22 [10]

Answer:

$22,500

Explanation:

Given that,

During the year, Cost of shipping inventory to the Ski Outfit = $92,500

By the end of the year, amount of merchandise sold to customers = $70,000

Mogul will repeat inventory at the year end:

= Cost of inventory sent to consignee - Cost of inventory sold by consignee

= $92,500 - $70,000

= $22,500

Therefore, the amount of inventory will Mogul report at year end is $22,500.

6 0

3 years ago

The net income reported on the income statement for the current year was $121,900. Depreciation recorded on store equipment for

Lynna [10]

Answer:

See answers below.

Explanation:

In order to get net cash flow through indirect method, we will have to make adjustment to the net income; hence we get the increase or decrease of different accounts with the data balance.

a) End beginning cash $48,030 $44,190

Increase in cash $3,840

Accounts receivable(net) $34,440 $32,660

Increase in accounts receivable $1,780

Merchandise Inventory $47,020 $49,710

Decreased inventory -$2,690

Prepaid expenses $5,280 $4,200

Increase prepaid expenses $1,080

Accounts payable(Merchandise creditors) $45,000 $41,800

Accounts payable increase $3,200

Wages payable $24,590 $27,310

Decreased wages payable -$2,720

Per below, we have some accounts that are added (+) to the net income while some are also deducted (-).

Net income $121,900

Adjustment to reconcile the net income to cash

+ Depreciation $20,100

+ Increase in cash $3,840

- Increase in accounts receivable ($1,780)

+ Inventory decrease $2,690

- Increase prepaid expenses ($1,080)

+ Accounts payable increase $3,200

- Decreased wages payable ($2,720)

Net cash $146,150

b) Briefly explain why net cash flow from operating activities is different other than net income.

The reason is that while net income refers to the earned profit by a company for a period ; cash flow from operating activities are measurement of daily cash (in and out) expended on business operation. Cash flow give explanation on the use of cash in an organization on a daily basis which includes net income from the income statement, changes in working capital, adjustments to net profits etc. t is to be noted that the starting point of calculating cash flow from operating activities is the net income.

7 0

4 years ago

Garida Co. is considering an investment that will have the following sales, variable costs, and fixed operating costs:

svlad2 [7]

Answer:

Garida Co.

The project's net present value (NPV) is:

= $57,787

Explanation:

a) Data and Calculations:

Year 1 Year 2 Year 3 Year 4

Unit sales 4,200 4,100 4,300 4,400

Sales price $29.82 $30.00 $30.31 $33.19

Variable cost per unit $12.15 $13.45 $14.02 $14.55

Fixed operating costs $41,000 $41,670 $41,890 $40,100

Year 1 Year 2 Year 3 Year 4

Sales Revenue $125,244 $123,000 $130,333 $146,036

Variable costs $51,030 $55,145 $60,286 $64,020

Fixed operating costs $41,000 $41,670 $41,890 $40,100

Total costs $92,030 $96,815 $102,176 $104,120

Income before tax $23,214 $26,185 $28,157 $41,916

Income tax (25%) 5,804 6,546 7,039 10,479

Net income/cash inflow $17,410 $19,639 $21,118 $31,437

PV factor 0.901 0.812 0.731 0.659

Present value $15,686 $15,947 $15,437 $20,717

Total present value of the cash inflows = $67,787

Less investment cost of equipment = 10,000

Project's net present value (NPV) = $57,787

3 0

4 years ago

Which of the following steps of the training design process involves person and task analysis? a. developing an evaluation plan

Alinara [238K]

Answer:

The correct answer is: b. conducting needs assessment.

Explanation:

Needs assessment often begins with a rigorous analysis of existing processes. This process will identify deficiencies and potential areas for improvement. Having identified the improvement needs, an analysis of the available technology, including an investigation of the methods used by other authorities, may indicate that there are one or several technological solutions to those needs.

At this stage it is possible to follow different consultation courses simultaneously:

Technical advisors can determine if the proposed technological solution is appropriate for the purpose set.

Financial advisors can estimate its cost and determine if it is affordable (see Affordable Prices and Budgeting).

Project administrators can determine if there is support within the electoral body for incorporation.

Senior officers may consult interested parties regarding the proposed change, if appropriate.

Alternative solutions can be explored to determine if there are less expensive or more effective options - not necessarily all solutions must be technological.

At the end of the needs assessment, there is likely to be a solid understanding of the need for change and a clear indication of the most appropriate option to meet the needs. This information can be used to prepare the next phase of the project development and implementation strategy, the business plan.

4 0

3 years ago

Janette buys a bond in the amount of $500 with a promised interest rate of 15 percent. If the market interest rate decreases to

Harman [31]

Answer:

750

Explanation:

It will be 750, if the percentage is 5%.

Hope this helped!

8 0

3 years ago