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2 years ago

As a consumer, why is it good for us when a store has a surplus of an item we want?

Business

2 answers:

klemol [59]2 years ago

4 0

Answer:

A lower consumer surplus leads to higher producer surplus and greater inequality. Consumer surplus enables consumers to purchase a wider choice of goods.

AVprozaik [17]2 years ago

3 0

Answer:

Usually prices are lower when you have a surplus amount of an item. However, if there was a low amount of one item the price would be extremely high and competitive. Hope that helps!!!

Explanation:

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Cheyenne Corp. purchased a piece of equipment for $58,800. It estimated a 9-year life and $3,400 salvage value. At the end of ye

bogdanovich [222]

Answer:

the revised depreciation is $ 3,753

Explanation:

<em>Straight Line Method of Depreciation charges the same amount of depreciation over the useful life of the asset.</em>

Depreciation Charge (Straight line) = (Cost - Salvage Value) / Useful life

Year 1

Depreciation Charge = ( $58,800 - $3,400) / 9 years

= $6,156

Year 2

Depreciation Charge = $6,156

Year 3

Make the adjustment as if the adjustment happened at the beginning of the year

Make the following changes

(1) Adjast the Depreciable Amount (numerator)

(2) Adjast the Useful life (denominator) to 11 years

Depreciation Charge = (Cost - Previous Depreciation Charges - New Residual Value) / Revised Number of Useful life

Depreciation Charge = ($58,800 - $6,156 - $6,156 - $5,200)/ 11 years

= $ 41,288/ 11 years

= $ 3,753

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2 years ago

Claire is the head of product design for her company. She has to create the layout for the next generation of smartphones. She h

Mars2501 [29]

I Think The answer is c I hope it helps Trying To help others

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3 years ago

Read 2 more answers

Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U

scZoUnD [109]

Answer:

a. 24%

b. 12%

Explanation:

Marginal tax rate is an incremental tax rate that is paid out of the taxable income of a tax payer. It represents the rate at which the last unit of dollar of the taxable income is taxed. The marginal rate for each income bracket is supplied by the Internal Revenue Service (IRS).

Chuck Marginal Tax Rate

a) The marginal tax rate for Chuck if he earns additional $40,000 taxable income will be:

= $75,000 + $40,000

= $115,000

Marginal tax rate for $115,000 is 24% according IRS tax rate schedule.

b) If instead, it is an additional deduction of $40,0000, the marginal tax rate will be:

= $75,000 - $40,000

= $35,000

The marginal tax rate for taxable income of $35,000 is 12% according US tax rate schedule.

Note: the interest is categorized as interest from municipal bond, so it is tax free.

It is also assumed that Chuck is single. Hence, tax rate under single filer applies to him.

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3 years ago

Saban Ironworks most recent reported free cash flow was $419.5 million. You project that the FCF will grow at a constant rate of

Olegator [25]

Answer:

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2 years ago

Zohrina is a top manager at her current company. However, she is leaving the company for a better job at a competing firm. Which

TEA [102]

Answer:

VOLUNTARY TURNOVER

Explanation:

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One way to mitigate the volunteer turnover would be to make some effort in the recruitment process to assess the "work match" or work appropriateness of a candidate for a given position. Employers will try to evaluate the probability that certain potential employees in current jobs would feel content and motivated.

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3 years ago