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vladimir1956 [14]

3 years ago

12

18. Would you expect, in some cases, to see only an income effect or only a substitution effect? Explain.19. Which is larger, th

e income effect or the substitution effect

1 answer:

Dimas [21]3 years ago

8 0

The income effect because you’ll gain more money personally and the substitution effect is about everybody in the building getting a “fair share”.

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Roosevelt Corporation has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expecte

vampirchik [111]

Answer:

Standards sales at break even point are 24000 units

Explanation:

The weightage of each product in sales mix is for each product is,

Total sales = 40000 + 60000 = 100000 units

Standard = 40000 / 100000 = 0.4

Supreme = 60000 / 100000 = 0.6

We first need to calculate the overall break even point in units and divide it in the sales mix.

The overall break even point in units = Fixed costs / Weighted average contribution margin per unit

Overall break even in units = 1800000 / 30 = 60000 units

Standards sales at break even point = 60000 * 0.4 = 24000 units

7 0

3 years ago

Help please: Free rein leaders can be described as ____

givi [52]

A style of leadership in which leaders are hands-off and allow group members to make the decisions.

8 0

3 years ago

*E21.23 (LO 5) (Sale-Leaseback) Assume that on January 1, 2020, Elmer's Restaurants sells a computer system to Liquidity Finance

Dennis_Churaev [7]

<u>Solution and Explanation:</u>

Date General Journal Debit Credit

January 1, 2017 Cash/Liquidity Finance Co. 680000

Computer system 600000

Profit on sale of computer system 80000

To record the sale of computer systems

January 1, 2017 Lease Rental 115970

Cash 115970

To record the first lease rental of the lease Journal entries in the books of lesser(Liquidity Finance Co.)

Amount in $

Date General Journal Debit Credit

January 1, 2017 Computer system 680000

Cash/Elmer's Restaurants 680000

To record the purchase of computer systems

January 1, 2017 Cash 115970

Lease Rental Income 115970

To record the first receipt towards lease rental of the lease

December 31, 2017 Depreication on computer system 68000

Accumulated depreication on computer system 68000

To record the depreication expense for the year

5 0

3 years ago

In a Bring Your Own Device (BYOD) policy, the user acceptance component may include separation of private data from business dat

disa [49]

Answer:

True

Explanation:

Bring your own device policy is is a policy whereby companies allow employees to use their laptops, smart phones, tablets and the likes for official purposes. It is mostly used by small scale firm who can't afford to get all of these gadgets for their workers. Separating of private data and business data included in the acceptance component will help to maintain confidentiality of company's files that are on the employee's device.

6 0

3 years ago

Difference between luna and sol?

mr Goodwill [35]

Luna-moon
Sol- sun

The difference of luna and sol would be that the moon (luna) comes out in the night and the sun (sol) comes out during the day

Hope this helps!!!!!!!

5 0

3 years ago