3. Defending which arguments de you find most competing? Explain your answer.

Due to recent political and economic events, general prices of goods and services are expected to increase significantly over th

melomori [17]

Answer:

a. Inflation

Explanation:

In the context of economics, inflation refers to the increase in the price of goods and services

Moreover, we also know that

(1 + Nominal rate of return) = (1 + real rate of return) × (1 + inflation rate of return)

According to the given situation, it is mentioned that The general goods and services prices are expected to rise substantially over the next five years which represents the concept of inflation

Hence, the option a is correct

5 0

3 years ago

7. Gulf Real Estate properties just signed contracts for two new listings: a Gulf View condominium with a list price of $589,000

oksano4ka [1.4K]

Answer:

The answer is "135 days"

Explanation:

Condo with a list price of Gulf View $= \$589,000$

They recognize for a Gulf View the preciously calculated summary analysis

The average cost list for a condominium is474.0075 and that average sale value is 454.245.

$\to \$474,000 -\$454,245 = \$20,755$

We also are selling $20,755 underneath the selling price on average.

$\to \frac{20,755}{474,000} = .0437869198$

Therefore a typical condominium in the South View is selling 4.38% well below the price list.

$\to 589,000 \times (1- .0438)=563,209.5042$

The estimated sales price is thus approximately $563,210

The amount of times that mine device needs and be delivered is an approximate 106 days of median number calculated at a number 1.

No condo Gulf Views $285,000 List price

Through the previously calculated concise figures, we learn that the average price list is 212.805556 for a Non-Gulf View Condominium or that the total selling price is 203.133333.

$\to \$212,806 -\$203,133 = \$9,673$

We sell $9,673 below the value of the total on average.

$\to \frac{9,673}{212,806} =.045454545$

Therefore a condo in No Gulf Vision offers on aggregate 4,545% well below the selling price.

$\to \$285,000 \times (1-.04545)=272,045.4545$

The average price is therefore approximately $272.045.

My projected place to trade this unit is the number of days in number 2 measured to be 135 days.

3 0

3 years ago

New England Co. had net cash provided by operating activities of $351 ,000; net cash used by investingactivities of $420,000; an

Ira Lisetskai [31]

Answer:

d. $248,000

Explanation:

beginning cash balance 27,000

operating activities 351,000

investing activities (420,000)

financing 250,000

cash generate during the year 181,000

ending cash balance 208,000

Note:

The information of the sale of land is contained with the investment activities.

The proceeds from sales are in the operating activities.

We just need to calculate using the total for each activity.

7 0

3 years ago

Skysong Company purchased an electric wax melter on April 30, 2020, by trading in its old gas model and paying the balance in ca

adell [148]

Answer:

(a) has commercial substance

J1

Electric wax melter 5,720 (debit)

Accumulated depreciation :old gas model 6,930 (debit)

Old gas model : cost 12,320 (credit)

Profit on exchange of old gas model 320 (credit)

J2

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

(b) lacks commercial substance

J1

Electric wax melter 5,390 (debit)

Accumulated depreciation :old gas model 6,930 (debit)

Old gas model : cost 12,320 (credit)

J2

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

Explanation:

In terms of IAS 16, if an exchange of non-monetary item has commercial substance the Asset Acquired is measured at the Fair Value of Asset Given up or Fair Value of Asset Acquired.

However if an exchange of non-monetary item lacks commercial substance the Asset Acquired is measured at Carrying Amount of Asset Given up and there would no be any gain or loss on the exhange of asset given up.

(a) has commercial substance

J1

Electric wax melter 5,720 (debit)

Accumulated depreciation :old gas model 6,930 (debit)

Old gas model : cost 12,320 (credit)

Profit on exchange of old gas model 320 (credit)

J2

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

(b) lacks commercial substance

J1

Electric wax melter 5,390 (debit)

Accumulated depreciation :old gas model 6,930 (debit)

Old gas model : cost 12,320 (credit)

J2

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

5 0

4 years ago

If the equilibrium quantity demanded for a new sports watch is 900 truckloads of watches and the equilibrium price is $70 per wa

IrinaVladis [17]

This item is asking us to determine the number of truckloads of watches that needs to be manufactured in order to reach equilibrium. If we let x be the number of watches then, the equation that would best describe the given is,
(900)(70) = (x)(40)
The value of x from the equation is 1575. Thus, the company needs to manufacture 1575 watches.

8 0

3 years ago