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3 years ago

How does mercantilism define wealth

Business

1 answer:

Vlad1618 [11]3 years ago

8 0

Answer:

Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. ... In mercantilism, wealth is viewed as finite and trade as a zero-sum game. Mercantilism was the prevalent economic system in the Western world from the 16th to the 18th century.

Explanation:

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Peters, Inc. produces 3 products: P1, Q2, and R3. P1 requires 400 purchase orders, Q2 requires 600 purchase orders, and R3 requi

alexdok [17]

Answer:

P1 $36,000

Q2 $54,000

B2 $90,000

Explanation:

For computing each ordering and receiving overhead assigned, first we have to calculate the price per order which is shown below:

= Total cost of purchase orders ÷ total purchase orders

where,

Total purchase orders = P1 purchase orders + Q2 purchase orders + R3 purchase orders

= 400 + 600 + 1,000

= 2,000 purchase orders

And, the Total cost of purchase orders is $180,000

Now put these values to the above formula

So, the price would equal to

= $180,000 ÷ 2,000 orders

= $90

Now we can compute easily.

For P1 = Purchase orders × price per order

= 400 × $90

= $36,000

For Q2 = Purchase orders × price per order

= 600 × $90

= $54,000

For R3 = Purchase orders × price per order

= 1,000 × $90

= $90,000

The given options are not correct

4 0

3 years ago

Managing change is often the easiest when the organization is experiencing a:

Trava [24]

I believe the answer is b

8 0

3 years ago

Match the measurement bases with its definition. Definition Measurement Bases A. Amount of cash (or equivalent) that would be re

timama [110]

Answer and Explanation:

The matching is given below:

1. Historical cost: Historical cost is the cost that should be shown in the balance sheet. It is known as the real cost or original cost

hence, the correct option is C

2. Current cost: The current cost is the cost that should be incurred for the acquisition of an asset

Therefore the correct option is A

3. Net realizable value: The net realizable value is the value that could be determined by deducting any direct cost from the sale value also it would be use for pay off the liabilities

Therefore the correct option is D

4. Present value of future cash flows: The present value would be discounted at the particular rate of the market

Therefore the correct option is E.

5. Current market price: The amount of money that would be received when the asset is sold

Hence, the correct option is B.

5 0

3 years ago

Mendrisio Company purchased a piece of machinery for $30,000 on January 1, 2019, and has been depreciating the machine using the

aleksley [76]

Answer:

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

Debit Credit

Depreciation Expense $3,000

Accumulated Depreciation $3,000

Explanation:

According to the given data we have the following:

Sum of year digits=5(5+1)/2

Sum of year digits=(5*6)/2

Sum of year digits=15

Depreciation for year 2019=$30,000*5/15

Depreciation for year 2019=$10,000

Depreciation for year 2020=$30,000*4/15

Depreciation for year 2020=$8,000

Therefore, book value as on january 1, 2021=$30,000-$10,000-$8,000

book value as on january 1, 2021=$12,000

Revised useful life=6 years-2 years=4 years

Therefore, Revised depreciation for 2021=$12,000/4

Revised depreciation for 2021=$3,000

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

Debit Credit

Depreciation Expense $3,000

Accumulated Depreciation $3,000

3 0

3 years ago

he Lo Company earned $2.60 per share and paid a dividend of $1.30 per share in the year just ended. Earnings and dividends per s

hichkok12 [17]

Answer:

The value of the stock is $19.50

Explanation:

Hi, let´s check out the formula that we need to use in order to find the price of this stock.

$Price=\frac{Do(1+g)}{r-g}$

Where:

Do= last dividend (in our case, $1.30)

g = growth rate of the dividend (in our case, 5% or 0.05)

r = required rate of return (in our case, 12% or 0.12)

Everything should look like this:

$Price=\frac{1.30(1+0.05)}{0.12-0.05} =19.50$

Therefore, the value of this stock is $19.50

Best of luck.

4 0

4 years ago