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3 years ago

Consider the market for _____.

Business

1 answer:

Natasha_Volkova [10]3 years ago

8 0

Answer:

Note: The full question is attached as picture below

Cross price elasticity of demand = (P1 + P2)/(Q1 + Q2) x (Q2 - Q1)/(P2 - P1)

P1 = $1.5 , P2 = $1.75 (syrup)

Q1 = 292, Q2 = 272 (pancakes)

CPE (pancakes) = 3.25/564 x (-20/0.25)

CPE (pancakes) = -0.46

If the CPE of demand for pancakes w.r.t. the price of syrup is -0.15, pancakes and syrup are complements (complements have negative cross price elasticity).

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"Sheridan Processes is involved with innovative approaches to finding energy reserves. Sheridan recently built a facility to ext

gladu [14]

Answer:

Natural gas is debited by $6.3 million and asset retirement obligation is credited by $6.3 million.

Explanation:

According to the scenario, computation of the given data are as follow:-

Estimated cost = $16 million

Present value = $6.3 million

So, we will make journal entry for asset retirement obligation by taking present value of assets.

Journal entry to record the asset retirement obligation are as follows :-

Natural gas facility A/c Dr. $6,300,000

To Asset retirement obligation A/c $6,300,000

( Being asset retirement obligation is recorded)

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3 years ago

On November 1, 2016, Jamison Inc. adopted a plan to discontinue its barge division, which qualifies as a separate component of t

Zanzabum

Answer: Option (C) is correct.

Explanation:

Given that,

On December 31, 2016

Operating loss Jan. 1–Dec. 31, 2016 = $65 million

Estimated operating losses, Jan. 1 to April 30, 2017 = 80 million

Excess of fair value = 15 million

As the asset is not impaired because it was given that fair value exceeds the book value at 15 million.

Hence, only the operating loss of $65 million from January 1st to December 31, 2016 would be reported into the books of Jamison.

8 0

3 years ago

PA4-3 (Algo) Selecting Cost Drivers, Assigning Costs Using Activity Rates [LO 4-1, 4-3, 4-4, 4-6 ] Harbour Company makes two mod

kramer

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Basic production information follows:

Harbour has a monthly overhead of $184,260

The number of machine-hours:

Home: 1,600

Work: 1,200

Total: 2,800

To calculate the allocated overhead, first, we need to calculate the overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 184,260/ 2,800= $65.81 per machine hour

Now we can allocate the overhead using the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Work:

Allocated MOH= 65.81*1,600= $105,296

Home:

Allocated MOH= 65.81*1,200= $78,972

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4 years ago

Which of the following is true of a person with a high credit score?

dsp73

Your credit score is used as indicator of your creditworthiness. This means how likely you are to pay off debts and other financial obligations. A person with a high credit score should have a high credit worthiness, or likelihood to be responsible with credit.

A person who pays bills on time has demonstrated that she takes her financial obligations seriously, and this trait positively affects her credit score. The answer is A.

B and C would most likely be associated with a person with a low credit score, since they demonstrate lower creditworthiness.

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3 years ago

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9. Physical and mental examinations:

inna [77]

Answer:

Explanation:

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3 years ago