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3 years ago

13

When each person specializes in producing the good in which he or she has a comparative advantage, total production in the econo

my
a. falls.
b. rises.
c. stays the same.
d. may fall, rise, or stay the same?

1 answer:

luda_lava [24]3 years ago

4 0

Hello There!

The correct answer would be B. Rises.

Hope This Helps You!
Good Luck :)

- Hannah ❤

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3) Compute the annual allowable depreciation using the straight line method for a machine that costs $86,000 to purchase and $7,

iren [92.7K]

Answer:

$14,333.33

Explanation:

Depreciation is the systematic allocation of the cost of an asset to P/l as a measure of use. It is added over the years as accumulated depreciation which is deducted from cost to get the net book value of the asset. Salvage value is the estimated realizable cost of an asset after its useful life.

Depreciation = (cost - salvage value)/useful life

Cost of an asset includes all cost incurred to make the asset available for use.

Depreciation = ($86000 + $7000 - $5000)/6

= $88000/6

= $14,333.33

7 0

3 years ago

Alice is single and self-employed in 2019. Her net business profit on her Schedule C for the year is $150,000. What is her self-

JulijaS [17]

Answer:

$19,790

Explanation:

A taxpayer’s tax base for computing a self-employed taxpayer’s self-employment tax (i.e., net earnings from self-employment) is the taxpayer’s net business profit from Schedule C multiplied by 92.35%.

So, Alice’s net earnings from self-employment is her net profit from Schedule C of $150,000 x 92.35% = $138,525.

Alice will owe $15,773 ($127,200 maximum amount x 12.4%) in Social Security taxes and $4,017 ($138,525 x 2.9%) for the Medicare component of FICA taxes.

Alice owes total self-employment tax of $19,790 ($15,773 + $4,017).

She is not subject to additional Medicare tax because her net earnings from self-employment do not exceed $200,000.

4 0

3 years ago

Read 2 more answers

The premium on a three-year insurance policy expiring on December 31, 20x11, was paid in total on January 1, 20x9. The original

bezimeni [28]

Answer:

b. The same as it would have been if the original payment had been debited initially to an expense account

Explanation:

We can use an example to explain this:

original journal entry to record a 3 year insurance policy on January 1 is:

Dr Prepaid insurance 3,600

Cr Cash 3,600

Adjusting entry on December 31

Dr Insurance expense 1,200

Cr Prepaid insurance 1,200

balance of prepaid insurance = $3,600 - $1,200 = $2,400

If instead of recording prepaid insurance on January 1, you recorded insurance expense:

Dr Insurance expense 3,600

Cr Cash 3,600

Adjusting entry on December 31

Dr Prepaid insurance 2,400

Cr Insurance expense 2,400

balance of prepaid insurance = $2,400

5 0

3 years ago

Both power distance and femininity are negatively related to the Environmental Sustainability Index.

cricket20 [7]

Both power distance and femininity are negatively related to the Environmental Sustainability Index. False

<h3>What is Environmental Sustainability?</h3>

Environmental sustainability is described as appropriate contact with the environment that promotes long-term environmental quality while preventing resource depletion or degradation. Environmental sustainability is a method that makes it possible to meet the requirements of the current generation without endangering the ability of future generations to do the same.

The power of the natural environment to renew itself and maintain its viability is really amazing when viewed in that light. For instance, when a tree falls, its decomposition enriches the earth with nutrients. These nutrients provide the right environment so that subsequent saplings can thrive.

Nature has a great capacity to take care of itself when left alone.

To learn more about Environmental Sustainability from the given link:

brainly.com/question/25965560

#SPJ4

8 0

2 years ago

Cromwell's Interiors is considering a project that is equally as risky as the firm's current operations. The firm has a cost of

mario62 [17]

Answer:

Cost of capital = 12.40%

Explanation:

given data

cost of equity = 15.4 percent

pretax cost of debt = 8.9 percent

debt-equity ratio = 0.46

tax rate = 34 percent

to find out

What is the cost of capital for this project

solution

first we get Equity multiplier that is express as

Equity multiplier = 1 + debt-equity ratio ..................1

put here value

Equity multiplier = 1 + 0.46

Equity multiplier = 1.46

and

Weight of equity will be

Weight of equity = $\frac{1}{Equity\ multiplier}$ ....................2

put here value

Weight of equity = $\frac{1}{1.46}$

Weight of equity = 0.6849

and

Weight of Debt will be here

Weight of Debt = 1 - weight of equity ...........................3

put here value

Weight of Debt = 1 - 0.6849

Weight of Debt = 0.3151

so

Cost of capital will be here as

Cost of capital = Weight of Debt × pretax cost of debt × (1- tax rate ) + cost of equity × Weight of equity .....................4

put here value we get

Cost of capital = 0.3151 × 8.9% × (1 - 0.34) + 15.4% × 0.6849

Cost of capital = 12.40%

7 0

3 years ago