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3 years ago

Prices usually allocate resources efficiently because they allocate:

Business

2 answers:

mina [271]3 years ago

8 0

Answer:

The correct answer is letter "A": resources to the lowest value good or service.

Explanation:

Purchase Price Allocation or PPA is the accounting practice in which a company is being purchased by another and the purchase price is allocated according to the assets and liabilities of the organization being acquired. It is said then that the price is allocated efficiently because it is allocated to the lowest value of the assets and liabilities.

Arisa [49]3 years ago

6 0

Answer: Option (B) is correct.

Explanation:

Correct Option: Resources to the highest value good or service.

Prices normally are able allocate scarce resources efficiently because they will allocate resources in a better way, so that there can be a full utilization of resources.

If the resources are used efficiently and effectively then this will lead to an optimal utilization of the limited resources.

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Evaluate the following statement: "Saving money is not lending. How can it be? When I save my money, I put it in a bank. I

salantis [7]

Answer:

The correct answer is option C.

Explanation:

When we save we deposit it in the bank and do not loan it out directly. But the bank keeps a certain portion of it and lends out the rest to those who need credit. So, the savings that we deposit in the bank become the basis of credit creation.

That is why the statement about saving and lending given in the question is incorrect.

3 0

3 years ago

This program will store roster and rating information for a soccer team. coaches rate players during tryouts to ensure a balance

Vedmedyk [2.9K]

Answer:

Explanation:

#include <iostream>

#include <vector>

using namespace std;

int main() {

vector<int> jerseyNumber;

vector<int> rating;

int temp;

for (int i = 1; i <= 5; i++) {

cout << "Enter player " << i

<< "'s jersey number: ";

cin >> temp;

jerseyNumber.push_back(temp);

cout << "Enter player " << i

<< "'s rating: ";

cin >> temp;

rating.push_back(temp);

cout << endl;

}

cout << "ROSTER" << endl;

for (int i = 0; i < 5; i++)

cout << "Player " << i + 1 << " -- "

<< "Jersey number: " << jerseyNumber.at(i)

<< ", Rating: " << rating.at(i) << endl;

char option;

while (true) {

cout << "MENU" << endl;

cout << "a - Add player" << endl;

cout << "d - Remove player" << endl;

cout << "u - Update player rating" << endl;

cout << "r - Output players above a rating"

<< endl;

cout << "o - Output roster" << endl;

cout << "q - Quit" << endl << endl;

cout << "Choose an option: ";

cin >> option;

switch (option) {

case 'a':

case 'A':

cout << "Enter a new player's"

<< "jersey number: ";

cin >> temp;

jerseyNumber.push_back(temp);

cout << "Enter the player's rating: ";

cin >> temp;

rating.push_back(temp);

break;

case 'd':

case 'D':

cout << "Enter a jersey number: ";

cin >> temp;

int i;

for (i = 0; i < jerseyNumber.size();

i++) {

if (jerseyNumber.at(i) == temp) {

jerseyNumber.erase(

jerseyNumber.begin() + i);

rating.erase(rating.begin() + i);

break;

}

break;

case 'u':

case 'U':

cout << "Enter a jersey number: ";

cin >> temp;

for (int i = 0; i < jerseyNumber.size();

i++) {

if (jerseyNumber.at(i) == temp) {

cout << "Enter a new rating "

<< "for player: ";

cin >> temp;

rating.at(i) = temp;

break;

}

break;

case 'r':

case 'R':

cout << "Enter a rating: ";

cin >> temp;

cout << "\nABOVE " << temp << endl;

for (int i = 0; i < jerseyNumber.size();

i++)

if (rating.at(i) > temp)

cout << "Player " << i + 1

<< " -- "

<< "Jersey number: "

<< jerseyNumber.at(i)

<< ", Rating: "

<< rating.at(i) << endl;

break;

case 'o':

case 'O':

cout << "ROSTER" << endl;

for (int i = 0; i < jerseyNumber.size();

i++)

cout << "Player " << i + 1 << " -- "

<< "Jersey number: "

<< jerseyNumber.at(i) << ", Rating: "

<< rating.at(i) << endl;

break;

case 'q':

return 0;

default:

cout << "Invalid menu option."

<< " Try again." << endl;

}

4 0

3 years ago

Hercules Workout World gains a client who prepays $ 660 for a package of six physical training sessions. Hercules Workout World

Sergeu [11.5K]

Answer:

Service revenue of $ 440

Explanation:

When the customer prepays, the revenue is yet to be earned hence the entries required would be a debit to cash account and a credit to unearned or deferred revenue.

As the service is rendered and revenue is earned, debit the deferred revenue account and credit the revenue account with the amount earned.

Since $660 was collected for 6 training sessions

Revenue from a training session

= 1/6 × $660

= $110

After 4 training sessions, revenue earned and to be recognized in the income statement

= 4 × $110

= $440

8 0

3 years ago

1. Suppose that 10 years ago you bought a home for $150,000, paying 10% as a down payment, and financing the rest at 8% interest

Ierofanga [76]

Answer:

1. Down payment = $15,000

2. The existing mortgage (loan) was for $135,000

3. The current monthly payment on the existing mortgage is $990.58

4. The total interest over the life of the existing loan = $221,609.58

6. The amount of the original loan paid off is $22,319.

7. Total amount paid to the loan company over the last 10 years is $258,928.58 ($243,928.58 + $15,000)

8. Total interest paid over the last 10 years is $221,609.58

9. The equity in the home is $67,319 ($180,000 - $112,681)

10. The new monthly payments will be $675.58

11. Saving each month because of the lower monthly payment is $315 ($990.58 - $675.58)

12. Total Interest = $352,137.21 ($221,609.58 + $130,527.63)

13. It does not make sense to refinance because what is saved per month cannot compare with the additional interest expense to be incurred for prolonging the payments.

Explanation:

a) Data and Calculations:

1. Cost of a home = $150,000

10% down payment = $15,000

Existing Mortgage = $135,000 ($150,000 - $15,000)

Home Price 150000

Down Payment 10 %

Loan Term 30 years

Interest Rate 8%

House Price $150,000.00

Loan Amount $135,000.00

Down Payment $15,000.00

Total of 360 (30 years * 12)

Mortgage Payments $356,609.58

Total Interest $221,609.58

Ten years after, the loan balance has been reduced by $22,319 ($135,000 - $112,682)

Refinancing calculations:

Home Price 112681

Down Payment 0 %

Loan Term 30 years

Interest Rate 6

Monthly Pay: $675.58 Monthly

Total Mortgage Payment $243,208.63

Total Out-of-Pocket $243,208.63

Total of 360 Mortgage Payments $243,208.63

Total Interest $130,527.63

4 0

3 years ago

Contingent Liabilities must have the following criteria (select all that apply): Select one or more: A. The obligation is certai

Leya [2.2K]

Answer: Option B and C

Explanation: In simple words , contingent liabilities refers to the liabilities the occurrence of which depends on the happening of an event that may or may not occur in the future.

These are recorded in the accounts only when the payment is to be made in future and that payment could be reasonably estimated.

Hence the correct option is B and C

3 0

3 years ago