Answer:
$34,600
Explanation:
The computation of beginning retained earnings balance is seen below:
But we know that;
Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid
$51,600 = Beginning retained earnings + $21,100 - $4,100
Beginning retained earnings = $51,600 - $21,100 + $4,100
Beginning retained earnings = $34,600
Answer:
a. harmony will produce chicken and singsong will catch fish.
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
In singsong: 1f = 2c
The opportunity cost of producing 1 fish = 2c / 1 = 2c
The opportunity cost of producing 1 chicken = 1f / 2 = 0.5f
In harmony: 1f = 4c
The opportunity cost of producing 1 fish = 4c / 1 = 4c
The opportunity cost of producing 1 chicken = 1f / 4 = 0.25f
It can be seen that singsong has a lower opportunity cost in producing fish, so it should specialise in fish.
Harmony has a comparative advantage in producing chicken, so it should specialise in chicken.
I hope my answer helps you
Using a trial and error method, the other number of accessories the company produced which yields approximately the same profit is <em>A. 1.45 million.</em>
Data and Calculations:
Price for the computer accessory = 100 - 10x^2)
Manufacturing cost = $10
Current production = 2 million
Profit generated based on 2 million accessories = $100 million dollars
= (100 - 10x^2)x - 10x
Where:
y = profit
x = number of accessories (in millions)
Using a trial and error method, replace x with 1.45 million and work out the answer. This option generates a profit of $100 million like 2 million accessories.
Question Completion:
The price that a company charged for a computer accessory is given by the equation 100-10x^2 where x is the number of accessories that are produced, in millions. It costs the company $10 to make each accessory. The company currently produces 2 million accessories and makes a profit of 100 million dollars. What other number of accessories produced yields approximately the same profit?
Answer Options:
A. 1.45 million
B. 3.45 million
C. 40 million
D. 48 million
Thus, the other number of accessories the company produced which yields approximately the same profit is <em>A. 1.45 million.</em>
Learn more about using the profit function to determine the production or sales quantity here: brainly.com/question/1456472 and brainly.com/question/25395113
