Answer:
$45,655
Explanation:
The computation of the amount change in cash for 2011 is given below:
= Issued stock for cash - expenses incurred for cash + cash received from account receivable - purchase value of land for cash
= $51,500 - $10,120 + $10,350 - $6,075
= $45,655
Simply we recognized that transactions that involves only cash transactions
Answer:
Option (A) is correct.
Explanation:
The Journal entry is as follows:
Cash A/c Dr. $400,000
To common stock A/c $160,000
To Paid-in capital in excess of par A/c $240,000
(To record the original sale of the stock)
Workings:
Cash = Number of shares sold × Selling price of each share
= 20,000 × $20
= $400,000
Common stock = Number of shares sold × Par value
= 20,000 × $8
= $160,000
Paid-in capital in excess of par = $400,000 - $160,000
= $240,000
Answer:
D. because the marginal rate of technical substitution of labor for capital is constant.
Explanation:
An isoquant is a curve that represents all possible combinations of inputs, for example capital and labor, that result in the same production volume. In turn, the Technical Marginal Replacement Rate represents the amount that the company can reduce from one of the inputs (eg capital) when using an extra unit from the other input (eg labor), so that production is maintained. It turns out that by definition, this rate is exactly the slope of the curve at each point that represents the combination of factors of production. Thus, if the combination of factors changes but the same production is maintained, the Technical Marginal Replacement Rate will be the same and therefore the inclination of the isoquant curve will not change.
Answer:
The answer is distributive approach
Explanation:
The distributive approach to negotiation is the case when a party in a negotiation has an upper hand only if the other negotiating party loses something of value.
It is also tagged as zero sum negotiations since includes sharing of fixed and unchangeable amount of resources,hence the fact that the resources at the negotiating parties' disposal is limited and fixed has to be factored into conclusions reached during the negotiations.
Answer:
<u>Monopoly</u>
P = $20.00
Q = 10,000
<u>Socically Efficient:</u>
P = $16.80
Q = 14,000
The monopoly generates a deadthweight loss to maximize their gain.
In the socially efficient situation, there is no deadthweight loss threfore this makes the economy as a whole better.
Explanation:
Price = 28 - 0.0008Q
Marginal Cost = 0.0012Q
Revenue: P x Q = (28 - 0.0008Q) x Q = 28Q - 0.0008Q²
Marginal Revenue:
R' = R(q) / dq = 28 -0.0016Q
We want to produce and sale until marginal revenue matches marginal cost:
28 -0.0016Q = 0.0012Q
28 = 0.0028Q
Q = 28 / 0.0028 = 10,000
P = 28 - 0.0008 (10,000) =
P = 28 - 8 = 20.00
The social efficiency will be that Price equals Marginal Cost.
28 - 0.008Q = 0.0012Q
28 = 0.0020Q
28 / 0.0020 = Q = 14,000
P = 28 - 0.0008(14,000) = 28 - 11.2 = 16,8
