Answer:
consume 8 units of A and 12 units of B
Explanation:
given data
prices of A = $1.50
prices of B = $1
Budget constraint = $24
consider data indifference curve
unit A unit B
16 6
12 8
8 12
4 24
solution
As graph, Mr. Chen will buy 8A and 12 B goods.
so Budget constraint is here express as
24 = 8 × $1.50 + 12 × 1.00
so here
MRS =
rule of equilibrium
so here MRS is
MRS =
=
=
MRS =
=
Answer: Please see the required journals below:
December 31:
Debit Bad debt expense $6,034
Credit Allowance for doubtful accounts $6,034
February 1:
Debit Allowance for doubtful accounts $431
Credit Accounts receivables $431
June 5:
Debit Cash $431
Credit Bad debt recovery (income statement) $431
Explanation: The company estimates its bad debt expense as percentage of sales. In this case 0.7% of its annual sales of $862,000 was deemed as uncollectible, that is, 0.7% x $862,000 = $6,034. The required journals to recognize this bad debt expense is provided above. However, since there was an existing provision, which resides in the allowance account, a write-off would definitely hit that account in order to extinguish the accounts receivable portion. Upon recovery of the write-off, we cannot reinstate the receivable since it was already extinguished but we need to recognize the recovery as a gain.
Answer:
C) ABC 5% and DEF 5.7%
Explanation:
Data provided in the question:
Purchasing Cost of Stock ABC purchased = $40 per share
Purchasing Cost of Stock DEF purchased = $35 per share
Time = 6 months
Selling price of share of ABC = $42 per share
Selling price of DEF share = $36
Dividend paid to the DEF = $0.5 each quarter i.e $0.5 twice in 6 months
Thus,
Total dividend paid to DEF = $0.5 × 2
= $1
Now,
For ABC
Total return = Selling price - Purchasing Cost
= $42 - $40
= $2 per share
thus,
Holding period return = [ Total return ÷ Purchasing cost ] × 100%
= [ $2 ÷ $40 ] × 100%
= 5%
For DEF
Total return = Selling price + Dividend received - Purchasing Cost
= $36 + $1 - $35
= $2 per share
thus,
Holding period return = [ Total return ÷ Purchasing cost ] × 100%
= [ $2 ÷ $35 ] × 100%
= 5.7%
Hence,
option C) ABC 5% and DEF 5.7%.
Answer:
B
Explanation:
If you're going to solve it ur going to need to know how it's going to effectively help don't just do it first think.
B is the answer a teenage requires between 7 to 8 hours sleep