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3 years ago

5

Which points on the production possibilities curve show a level of production that would be achievable only through further grow

th in the company?
A and B
B and C
C and D
B and D

1 answer:

GarryVolchara [31]3 years ago

3 0

Answer:

Most likely d and b

Explanation:

d is the best production so it should be in one of the answers and it is only with b so therfor it should be with d and b

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Crane Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During

Ugo [173]

Answer:

A. Debit unearned subscription revenue $21,000

Credit Subscription Revenue $21,000

B. Debit Unearned Subscription Revenue $63,000

Credit Earned Subscription Revenue $63,000

Explanation:

A. Preparation of the adjusting entry at December 31, 2022, to record subscription revenue in December 2022.

Debit unearned subscription revenue $21,000

Credit Subscription Revenue $21,000

[($28 per year*9,000)/12]

(Being to record subscription revenue )

B. Preparation of the adjusting entry at March 31, 2023, to record subscription revenue in the first quarter of 2023.

Debit Unearned Subscription Revenue $63,000

Credit Earned Subscription Revenue $63,000

[($28 per year*9,000)/12*3]

(Being to record subscription revenue in the first quarter)

8 0

3 years ago

People often use products or services that are _________, to indicate who or where they are in the social hierarchy

Setler79 [48]

Answer:

Status Symbols

Explanation:

According to Oxford dictionary; a status symbol is "a possession that is taken to indicate a person's wealth or high social or professional status."

Hence status Symbols are external displays of the possessors' wealth and social status. These goods can not be possessed by people who do not belong to that social status or profession.

5 0

3 years ago

Ramos Inc. has total assets of $1,000 and total liabilities of $450 on December 31, 20Y6. Assume that assets increased by $130 a

sukhopar [10]

Answer:

The owner's equity be as of December 31, 20Y7 is $705

Explanation:

In this question, we apply the accounting equation which is given below

Total assets = Total liabilities + shareholder's equity

The question has said that the liabilities are decreased and the assets are increased.

So, the new asset is = total assets + increased amount

= $1,000 + $130

= $1,130

And, So, the new liability is = total liabilities - decreased amount

= $450 - $25

= $425

So, the shareholder equity would be equal to

= $1,130 - $425

= $705

Hence, the owner's equity be as of December 31, 20Y7 is $705

5 0

3 years ago

The "sticky wage" theory states that …

Umnica [9.8K]

Answer:

c. wages may stay at above-equilibrium levels for an extended period of time, thus keeping unemployment high.

Explanation:

Sticky wage theory -

According to this theory , the payment of the employees have a slow response for the change in the performance of the company or the economy .

From this theory , as the unemployment increases , the wages of the employed candidates tends to remain same or increases very slowly due to to decrease in the demand of the labor .

In this case , the wages are sticky - down , as they move up easily but get down with difficulty .

4 0

3 years ago

On February 1, 2014, Nelson Corporation purchased a parcel of land as a factory site for $280,000. An old building on the proper

seropon [69]

Answer:

Land = $295,000

Building = $1,375,000

Explanation:

The computation of cost of the land and new building is shown below:-

Land = Parcel of land + Demolition of old building + Legal fees for title investigation and purchase contract - Salvaged materials resulting from demolition were sold

= $280,000 + $20,000 + $5,000 - $10,000

= $305,000 - $10,000

= $295,000

Building = Architect's fees + Construction costs

= $35,000 + $1,340,000

= $1,375,000

We simply applied the above formulas

7 0

3 years ago