Why can’t businesses afford all of the factors of production all of the time?

An accounting professor at Middleton University devotes 60 percent of her time to teaching, 30 percent of her time to research a

rewona [7]

Answer:

Middleton University

Activity Cost of Instruction per student in the introductory and graduate financial accounting courses:

Total Instruction cost $57,600

Number of students = 65 (40 + 25)

Instruction per student = $57,600/65 = $886.15

Explanation:

a) Data and Calculations

Activities: Time Spent Activity Cost Introductory Graduate

Course preparation 30% $28,800 $17,723 $11,077

Classroom instruction 60% $57,600 $35,446 $22,154

Appointments with students 10% $9,600 $5,908 $3,692

Annual salary $96,000 $59,077 $36,923

b) The activities are three for each of introductory and graduate courses. The cost (annual salary) of the professor is allocated according to the time spent on each activity. This cost is further allocated between the introductory and graduate classes according to the number of students in each course. Overall, the same amount per each activity is spent on each student in both courses.

7 0

3 years ago

The Alford Group had 230,000 shares of common stock outstanding on January 1, 2021. The following activities affected common sha

jeka94

Answer:

a. $7 per share

b. $2.29 per share

c. $3.5

Explanation:

a. The computation of 2021 earning per share is given below:-

EPS = Net income ÷ Weighted Average Outstanding shares of common stock

Weighted Average Outstanding shares of common stock for 2021

= (230,000 × 12 ÷ 12) - (27,000 × 10 ÷ 12) + (27,000 × 2 ÷ 12) + (108,000 × 1 ÷ 12)

= 230,000 - 22,500 + 4,500 + 9,000

= 221,000

EPS for 2021 = Net income ÷ Weighted Average Outstanding shares of common stock for 2021

= $1,547,000 ÷ 221,000

= $7 per share

b. The computation of 2022 earning per share is given below:-

Shares of common stock at the beginning of 2022 = 230,000 - 27,000 + 27,000 + 108,000

= 338,000

Weighted average outstanding shares for 2022 = 338,000 × Stock split

= 338,000 × 2

= $676,000

EPS for 2022 = Net income ÷ Weighted Average Outstanding shares of common stock for 2022

= $1,547,000 ÷ $676,000

= $2.29 per share

c. The computation of 2021 EPS be presented in the 2022 comparative financial statements is shown below:-

2021 EPS be presented in the 2022 comparative financial statements = Net income ÷ (Weighted Average Outstanding shares of common stock for 2016 × Stock split)

= $1,547,000 ÷ (221,000 × 2)

= $1,547,000 ÷ 442,000

= $3.5

4 0

3 years ago

Determine whether the following would be reported in the financing activities section of the statement of cash flows and, if so,

Marat540 [252]

While you buy a bond, you're loaning cash to both a government and a corporation. whilst these entities first difficulty the bonds, they're bought at "par", which means you lend, say, $a hundred, and at the adulthood of the bond, you'll acquire $100 lower back. at the time of the difficulty, the coupon charge is also set, primarily based on modern-day interest quotes and the entity's credit score. This determines the yearly or semiannual quantity you will acquire when buying the bond.

A bond can be bought on the secondary market before adulthood. however, the price of this bond will promote greater than par (i.e. a premium) if present-day interest quotes decrease than what they had been while the bond was issued and less than par if interest fees have gone up (i.e. a reduction).

An example, a bond is issued these days, maturing in 10 years with an annual coupon of five%. In 5 years, hobby fees have risen to 7%, so someone shopping for the bond with a five% coupon would demand a discount at the face price (in any other case, they could just buy the 7% bond at par).

Learn more about bond here: brainly.com/question/25965295

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7 0

1 year ago

A country produces only one good. It produced 5,000 units of the good during Year 1 and 6,000 units of the good in Year 2. The

Veseljchak [2.6K]

Answer:

.A) $1, 920,000

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Nominal GDP is the GDP of country using current year prices

Nominal GDP = current year price × quantity

(6000 × 320) = $1,920,000

I hope my answer helps you

3 0

3 years ago

Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off

zloy xaker [14]

Answer and Explanation:

The Journal entry is shown below:-

Bad debts expense Dr, $2,000

To Accounts receivable-Hopkins $2,000

(Being write off is recorded)

Here we debited the bad debt expenses as it increased the expenses and we credited the accounts receivable as it reduced the assets so that the proper posting could be done

7 0

3 years ago