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3 years ago

10

Suppose the price is $10, the quantity supplied is 50 units, and the quantity demanded is 100 units. For every $1 rise in price,

the quantity supplied rises by 5 units and the quantity demanded falls by 5 units. What is the equilibrium price and quantity?

1 answer:

aleksley [76]3 years ago

8 0

Answer:

500

Explanation:

5 x 100

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On November 1, 2021, Vinfast Co. receives $3,600 cash from FPT Co. for consulting services to be provided evenly over the period

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Answer: A. Debit to Unearned Consulting Fees for $1,200

Explanation:

Following the information given in the question, Vinfast Co. receives $3,600 cash from FPT Co. for consulting services to be provided evenly over the period November 1, 2021, to April 30, 2022.

Since we want to know the adjusting entry on December 31, 2021, a period form November 1, 2021 to December 31, 2021 is a period of two months out of the 6 months period. Therefore, the unearned consultancy fee will be:

= $3600 × 2/6

= $1200

Therefore, there'll be a debit to the unearned consulting Fees for $1,200. Also, there'll be a credit to the consulting fees earned account by $1200.

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3 years ago

Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $

inessss [21]

Answer:

Residual income is therefore $732,000.

Explanation:

This can be computed by following the following steps:

Step 1: Calculation of ending net book value

<u>Particulars $'000 </u>

Beginning investment 6,900

add: Additional investment 8,100

Less: Depreciation - Other <u> (2,850) </u>

Ending net book value <u> 12,150 </u>

Step 2: Calculation of Minimum required return

Minimum required return = Ending net book value * Required return rate = $12,150,000 * 12% = $1,458,000

Step 3: Calculation of profit (loss) on disposal

First year depreciation on investment = (Investment cost - Salvage value) / Useful life = ($6,600,000 - $660,000) / 3 = $1,980,000

Profit (loss) on disposal = Salvage value - Investment cost - First year depreciation on investment = $660,000 - $6,600,000 - $1,980,000 = $3,960,000 loss

Step 4: Calculation of residual income

<u>Particulars $'000 </u>

Given operating profit of the division 6,150

Less: Loss on disposal <u> (3,960) </u>

Revised operating income 2,190

less: Minimum required return <u> (1,458) </u>

Residual income <u> 732 </u>

Residual income is therefore $732,000.

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3 years ago

You put up $50 at the beginning of the year for an investment. The value of the investment grows 4% and you earn a dividend of $

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Answer:

My HPR was 11%

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Growth rate = 4%

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Afina-wow [57]

Answer: The amount invested in the dogwood tree was $5000, while $35000 was invested in the red maple tree.

We arrive at the answer as follows:

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Then the proportion of red maple trees in the nursery will be 1-x, since there are only two types of trees in the nursery.

We use the following formula to find the proportion dogwood and maple trees in the nursery:

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$20 = 27x + 19 - 19x$

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$1 - \frac{1}{8} = \frac{7}{8}$

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$Red Maple tree = 40000*\frac{7}{8} = 35000$

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