I don’t understand this and need help

Different between fixed assets and current assets

Colt1911 [192]

Answer: it is great

Explanation:

4 0

2 years ago

On January 1, 2021, Algerian Delivery had 100,000 shares of common stock outstanding. The following transactions occurred during

defon

Answer:

Algerian Delivery's basic earnings per share for the year ended December 31, 2021 is $3.01

Explanation:

In order to calculate Algerian Delivery's basic earnings per share for the year ended December 31, 2021 we would have to make first the following calculations:

Net Income = $298,750

Calculation of Weighted Average of Number of Equity Shares:

Outstanding on Jan 1 = 100,000*12/12 = 100,000

Less: Treasury Stock 3,100*10/12 = (2,583)

Sold Treasury Shares 3,100*3/12 = 775

New Shares Sold 12100*1/12 = 1,008

Therefore, Weighted Average of Equity Shares during the year = 100,000 - 2,583 + 775 + 1,008 =99,200

Therefore, Basic Earnings per Share = Net Income/Weighted Average of Equity Shares outstanding during the year

= $298,750/99,200 = $3.01

Algerian Delivery's basic earnings per share for the year ended December 31, 2021 is $3.01

6 0

3 years ago

Two isolated nations, Alphaland and Betaton, are considering opening their borders to trade with each other. Both nations consum

Artist 52 [7]

Answer:

5 tons of salt for 1 ton of pepper

10 tons of salt for 1 ton of pepper

Explanation:

Alphaland's opportunity cost of producing one ton of pepper = 80 ÷ 5

= 16 tons of salt

Betaton's opportunity cost of producing one ton of pepper = 3 ÷ 1

= 3 tons of salt

Alphaland's opportunity cost of producing one ton of salt = 5 ÷ 80

= 0.0625 tons of pepper

Betaton's opportunity cost of producing one ton of salt = 1 ÷ 3

= 0.3333 tons of pepper

Therefore, Betaton has a comparative advantage in producing pepper because it has the lower opportunity cost of producing pepper as compared to Alphaland. On the other hand, Alphaland has a comparative advantage in producing salt because it has the lower opportunity cost of producing salt as compared to Betaton.

Hence, Betaton is specialized in the production of pepper and Alphaland is specialized in the production of salt.

Trade is beneficial for both the nations when Alphaland buys pepper at a price lower than the 16 tons of salt and Betaton sells pepper at a price greater than 3 tons of salt.

Trade ratios:

5 tons of salt for 1 ton of pepper

10 tons of salt for 1 ton of pepper

7 0

3 years ago

Because Country A has no domestic sources of wood, it imports all its wood from wood-producing countries. If the price of wood i

mars1129 [50]

Answer:

C Housing prices in Country A will increase as wood imports become more expensive.

Explanation:

Since country A imports all wood from other countries, an increase in price of wood by suppliers means that they are now expensive. Country A will be paying much more money for the same amount of supply they imported before prices rose. This will lead to housing prices to increase as a way to pass over the costs to homebuyers and tenants through rising home prices and rents respectively.

6 0

3 years ago

Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as foll

gavmur [86]

Answer:

1-a. ACME corporation is 1.26

Wayne corporation is 1.09

1-b. ACME corporation

Explanation:

ACME ($ in millions) Wayne ($ in millions)

Total current assets $ 12,987 $ 8,258

Total current liabilities $ 10,301 $ 7,545

1-a) Formula for calculating current ratio: Current ratio = Current assets ÷ Current liabilities

ACME corporation, current ratio = $ 12,987 million ÷ $ 10,301 million = 1.26

Wayne corporation, Current ratio = $ 8,258 million ÷ $7,545 million = 1.09

1-b. The higher the current ratio, the better the liquidity position. ACME corporation has the better ratio.

5 0

3 years ago