Which phrase best completes the list?

On May 1, 20Y6, Stanton Company purchased $100,000 of Harris Company's 12% bonds at 100 plus accrued interest of $4,000. On June

Blababa [14]

Answer:

b. credit to Gain on Sale of Investments for $2,400.

Explanation:

May 1, 20Y6

Purchase price of Bond = $100

Number of Bond Purchased = $100,000 / 100 = 1,000 per bond

February 1, 20Y7

Sale Price of Bond = $103 per Bond

Gain on Sale = $103 - $100 = $3 per bond

Number of Bond Sold = $80,000 / 100 = 800 bonds

Gain on sold bonds = 800 bonds x $3 per bond = $2,400

Journal Entry Will be as follows:

Dr. Cr.

Cash (800 x 103) $82,400

Gain on sale $2,400

Investment in Bond $80,000

3 0

3 years ago

Suppose that the market demand curve for bean sprouts is given by P = 1,660 - 4Q, where P is the price and Q is total industry o

a_sh-v [17]

Answer:

In equilibrium, total output by the two firms will be option e= 300.

Q = $q_{1}$ + $q_{2}$

Q = 100 + 200

Q = 300

Explanation:

Data Given:

Market Demand Curve = P = 1660-4Q

where, P = price and Q = total industry output

Each firm's marginal cost = $60 per unit of output

So, we know that Q = $q_{1}$ + $q_{2}$

where $q_{}$ being the individual firm output.

Solution:

P = 1660-4Q

P = 1660- 4( $q_{1}$ + $q_{2}$ )

P = 1660 - 4 $q_{1}$ - 4 $q_{2}$

Including the marginal cost of firm 1 and multiplying the whole equation by $q_{1}$

Let's suppose new equation is X

X = 1660 $q_{1}$ - 4 $q_{1} ^{2}$ - 4 $q_{1}$ $q_{2}$ - 60 $q_{1}$

Taking the derivative w.r.t to $q_{1}$ , we will get:

$X^{'}$ = 1660 - 8 $q_{1}$ - 4 $q_{2}$ - 60 = 0

Making rearrangements into the equation:

8 $q_{1}$ + $q_{2}$ = 1660 - 60

8 $q_{1}$ + $q_{2}$ = 1600

Dividing the whole equation by 4

2 $q_{1}$ + $q_{2}$ = 400

Solving for $q_{1}$

2 $q_{1}$ = 400 - $q_{2}$

$q_{1}$ = 200 - 0.5 $q_{2}$

Including the marginal cost of firm 1 and multiplying the whole equation by $q_{2}$

P = 1660 - 4 $q_{1}$ - 4 $q_{2}$

Let's suppose new equation is Y

Y = 1660 $q_{2}$ - 4 $q_{1}$ $q_{2}$ -4 $q_{2} ^{2}$ - 60 $q_{2}$

Pugging in the value of $q_{1}$

Y = 1660 $q_{2}$ - 4 $q_{2}$ (200 - 0.5 $q_{2}$ ) -4 $q_{2} ^{2}$ - 60 $q_{2}$

Y = 1660 $q_{2}$ - 800 $q_{2}$ +2 $q_{2} ^{2}$ -4 $q_{2} ^{2}$ - 60 $q_{2}$

Y = 1600 $q_{2}$ - 800 $q_{2}$ -2 $q_{2} ^{2}$

Taking the derivative w.r.t $q_{2}$

$Y^{'}$ = 1600 - 800 - 4 $q_{2}$ = 0

Solving for $q_{2}$

4 $q_{2}$ = 800

$q_{2}$ = 200

$q_{1}$ = 200 - 0.5 $q_{2}$

Plugging in the value of $q_{2}$ to get the value of $q_{1}$

$q_{1}$ = 200 - 0.5 (200)

$q_{1}$ = 200 - 100

$q_{1}$ = 100

Q = $q_{1}$ + $q_{2}$

Q = 100 + 200

Q = 300

Hence, in equilibrium, total output by the two firms will be option

e= 300.

5 0

3 years ago

Johnson & Johnson has a reputation for being a company with high levels of corporate social responsibility to all of its sta

Lera25 [3.4K]

1. Organizations have the knowledge and resources to do good in the community, so they are responsible for helping others.

Explanation:

<u>Companies that exist for the sake of making profits are prone to do it at the expense of other social and economic structures</u>. Thus, social responsibility is an important part of running a big firm with massive resources that can be put to this use.

Companies have think tanks, monitory and administrative advantages to do Social work that many organisations simply can't and if they do it,<u> it produces greater trust among the public and clientele too, along with a loyal worker base too.</u>

3 0

3 years ago

Please answer this question correct answer will be marked brainliest

Veseljchak [2.6K]

Answer:

1.A

2.A

3.B

4.A

5.B

6.B

7.A

8.B

9.B

10.A

11.B

12.B

13.A

5 0

3 years ago

taggart inc. is considering a project that has the following cash flow data. what is the project's payback?

Kipish [7]

The project that taggart inc. is thinking about has the following cash flow information. the project's return on investment 1.30 years

The Scottish detective drama Taggart, which STV Studios produced for the ITV network, was the brainchild of Glenn Chandler. Numerous the episodes were written by Chandler as well. The miniseries "Killer" was first broadcast from September 6 to September 20, 1983, before being picked up for a full season that ran from 2 July 1985 to 7 November 2010. However, other locales in Greater Glasgow and other regions of Scotland were occasionally utilised. The detectives at the Strathclyde Police's Maryhill CID served as the center of the early storylines. The team worked in the fictitious John Street police station. Jim Taggart's on-screen counterpart, Mark McManus, died in 1994. But the same-named series continued indefinitely.

Learn more about Taggart here

brainly.com/question/23356891

#SPJ4

4 0

2 years ago