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Margaret [11]
3 years ago
6

Bill operates a proprietorship using the cash method of accounting, and this year he received the following: $130 in cash from a

customer for services rendered this year a promise from a customer to pay $194 for services rendered this year tickets to a football game worth $235 as payment for services performed last year a check for $176 for services rendered this year that Bill forgot to cash How much income should Bill realize on Schedule C
Business
1 answer:
Lesechka [4]3 years ago
7 0

Answer:

$541

Explanation:

Calculation for How much income should Bill realize on Schedule C

Income realize on Schedule C=$130 + $235 + $176=

Income realize on Schedule C=$541

Therefore the amount of income that Bill should realize on Schedule C is $541

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As the price level declines along the aggregate demand curve, the interest rate is most likely to:___________.
lbvjy [14]

Answer:

a. Decline

Explanation:

Whenever there is a reduction in the price level, this results in gains in the real money supply which eventually moves the LM curve to the right.

Hence, given that, the IS curve has a downward slope, the IS and LM curves will meet at a higher level of income and a lower interest rate.

Therefore, the correct answer, in this case, is Option A: DECLINE

Note LM means Liquidity and Money

While IS means Investment and Savings.

3 0
4 years ago
According to harvard business school professor michael porter, strategic positioning means _____ to achieve sustainable competit
vitfil [10]
Michael Porter, Harvard Business School professor said that strategic position means to preserve what distinctive about a company to achieve sustainable competitive advantage. 

Strategic positioning helps determine where a business stands against its competitors, consumers, and the market. Companies that are unique and stand out by their customer connections often have a greater change at competitive advantage and a strong strategic positioning. 
4 0
3 years ago
Key West To Go, located in Key West, Florida, builds and sells scooters. These are sold to several local shops in the area, who
beks73 [17]

Answer:

d. 42.90 hours

Explanation:

y = aQᵇ

y = average time to produce one more unit

a = the time it took to produce the first unit

Q = cumulative production

b = learning rate = [(log learning rate in %) / log 2] = -0.152003093

learning rate in % = 10.8 / 12 = 0.9 = 90%

cumulative quantity             average hours per unit               total hours

1                                                    12                                               12

2                                                   10.8                                            22.8

3                                                   10.38                                          33.18

4                                                   12 x 4⁻⁰°¹⁵²⁰⁰³⁰⁹³ = 9.72            42.90

3 0
4 years ago
Byte Computer Corporation acquired 90 percent of Nofail Software Company’s common stock on January 2, 20X3, by issuing preferred
natima [27]

Answer: Step by step explanation of the consolidated balance sheet is given in the attached document.

Explanation:

Consolidated Balance Sheet

A consolidated balance sheet presents the assets and liabilities of a parent company and all its subsidiaries on a single document, with no distinctions on which items belong to which companies. If your company has $1 million in assets and it purchases subsidiaries with assets of $400,000 and $300,000, respectively, then your consolidated balance sheet will show $1.7 million in assets, and the sheet will commingle those assets. For example, in the asset section, accounts receivable will list the total amount of receivables held by all three companies.

When to Consolidate

A company must issue consolidated financial statements whenever it owns a controlling stake in another business – that is, whenever it owns more than 50 percent of that business. If the parent company owns 100 percent of the subsidiary, this is pretty straightforward. Complications arise, however, if the parent company owns a controlling stake with less than 100 percent ownership. Part of the subsidiary belongs to someone else, and that must be reflected on the balance sheet.

5 0
3 years ago
Quick Computing currently sells 10 million computer chips each year at a price of $20 per chip. It is about to introduce a new c
Troyanec [42]

Answer:

Annual cashflow for the decision= $162  million

Explanation:

The proper cashflow would be determined as follows:

Contribution per unit = Sales price - variable cost

Contribution per unit of new chip  = 25-8 = $17 per unit

Contribution per unit of old chip = 20 - 6 = 14 per unit.

<em>Contribution form the sale of the new chip = contribution per unit × annual sales in unit</em>

=17 × 12  million units = $204  million

<em>lost Contribution from the old  chip = contribution per unit × lost annual sales in unit</em>

Lost contribution  from old chip= $14 × 3 million unit = $42 million

Note that the lost contribution is an opportunity cost occasioned as a result of the introducing the new chip, hence the contribution should be deducted

Annual cashflow for the decision= $204  million -$42 million  = $162  million

Annual cashflow for the decision= $162  million

4 0
3 years ago
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