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3 years ago

When a market is in equilibrium:

Business

1 answer:

VARVARA [1.3K]3 years ago

4 0

Answer:

a or c?

Explanation:

I'm not sure of its correct, do let me know

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Given this project and the requirement that the number of resources working on a task cannot be less than the number assigned to

Marizza181 [45]

Answer: c. 5 days, 7 workers

Explanation: With the project requirements provided, and with the least of number of resources working on the task not less than the number of those assigned to the task.

The least amount of time for the project to complete would be approximately 5 days, and the resources needed to complete the task would be approximately 7 workers.

8 0

3 years ago

The ending retained earnings balance of the Taco Heaven restaurant chain increased by $2.6 million from the beginning of the yea

Vika [28.1K]

Answer: $4.1 million

Explanation:

From the question, we are informed that the ending retained earnings balance of the Taco Heaven restaurant chain increased by $2.6 million from the beginning of the year and that the company had declared a dividend of $1.5 million.

The net income earned during the year will be:

= $2.6 million + $1.5 million

= $4.1 million

5 0

3 years ago

1) In your own words, explain the difference between simple interest and compound interest.

galben [10]

One interest is simple the other is compound......

6 0

4 years ago

On September 30, Silver Corporation, a calendar year taxpayer, sold a parcel of land (basis of $400,000) for a $1 million note.

nadya68 [22]

Answer:

Sam must report $700,000 distribution from Silver on his Income report.

Explanation:

The sale of the land is made by the corporation and the corporation is a tax payer therefore any gains and losses are for the company to pay tax on.

The deficits in the E&P are for Silver to take into account when about to pay taxes.

The basis of $200,000 is not income but cost and subtracted on the distribution income as is for Sam.

6 0

3 years ago

Pronghorn Corporation purchased machinery on January 1, 2022, at a cost of $276,000. The estimated useful life of the machinery

vfiekz [6]

Answer and Explanation:

The depreciation schedule is as follows:

For straight-line method

Year Depreciable Depreciation Depreciation Accumul Book value

cost rate Expense Depre

2022 $243,400 25% $60,850 $60,850 $215,150

($276,000 - $32,600) (1 ÷ 4) ($276,000 - $60,850)

2023 $243,400 25% $60,850 $121,700 $154,300

2024 $243,400 25% $60,850 $182,550 $93,450

2025 $243,400 25% $60,850 $243,400 $32,600

$243,400

For double declining method

Year Depreciable Depreciation Depreciation Accumul Book value

cost rate Expense Depre

2022 $276,000 50% $138,000 $138,000 $138,000

(1 ÷ 4 × 2)

2022 $138,000 50% $69,000 $207,000 $69,000

2023 $69,000 50% $34,500 $241,500 $34,500

2024 $34,500 $1,900 $243,400 $32,600

$243,400

3 0

3 years ago