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GenaCL600 [577]
2 years ago
7

Dustin and Quinn were given an apple pie and a chocolate cake, and need to divide them. Dustin values the apple pie at $6 and th

e chocolate cake at $4. Quinn values the apple pie as $4 and the chocolate cake at $10. Describe a fair division if Quinn is dividing in a way that one "half" will be exclusively chocolate, and specify which "half" Dustin will choose.
Business
1 answer:
MatroZZZ [7]2 years ago
8 0

Answer:

Quinn values the apple pie at $4 and the chocolate cake at $10 = total $14

  1. since one "half" will only be chocolate, he needs $7 out of chocolate = 7/10 of the chocolate cake.
  2. the other "half" will include 3/10 of chocolate cake and the whole apple pie = (3/10 x $10) + $4 = $3 + $4 = $7

If Dustin chooses the second "half" he will receive 3/10 of chocolate cake and the whole apple pie = (3/10 x $4) + $6 = $1.20 + $6 = $7.20

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zysi [14]

Answer:

Kingbird, Inc

Balance Sheet (Partial) as on December 31, 2020

Fixed Assets

Building                                 $1,150,000

Accumulated Depreciation <u>($646,000)</u>

Net book value of Building                          $504,000

Goodwill                                                        $450,000

Coal mine                              $495,000

Accumulated Depletion       <u>($109,000)</u>

Net Value of Coal mine                                <u>$386,000</u>

Total Fixed Assets                                        <u>$1,340,000</u>

Explanation:

Fixed assets are all those asset which will be kept by the company more than one year. It is not converted to cash / Sold before one year time. If Company has the intention to sale the asset within one year then it will be classified as current asset.

All the assets are classified as the fixed assets. The depreciation and Depletion are contra asset accounts, these are adjusted against the relevant Assets and Net book value of that assets is reported on the balance sheet.

6 0
3 years ago
Think through the SWOT analysis and think about your personal product offering. Focus on the specific value you would bring to t
Svetllana [295]

Answer:

Following are the responses to the given question:

Explanation:

I possess good leadership qualities that distinguish me from other potential people. I also strong position in leading groups. In contact I'm fine. I'm nice. I convey my thoughts but also hear everything they have and say quite well in front of others. I am now a logical thinking instructor and make rational and factual decisions. I am supermotard and face a difficult problem while other potential employees may try to avoid problems or challenges and run away from them.

Its business I am employed for is better for me since I could be a great asset for the business which can successfully do any job it could do. For every job or job that my boss provides to me, I'd try my support. I'm timely but good for individuals who are very important to influence and manage. Let us say that I'll be a salesperson so I can influence customers or their selection of purchase by my social skills. I'd use my abilities and close the boss's sales contract.

7 0
3 years ago
A registered representative who engages in private securities transaction is required to do all of the following except:[A] give
Marta_Voda [28]

Answer:

[D] give written notice to the issuer of the securities of the BD's policy regarding private securities transactions.

Explanation:

The registered representative is obligated to give written notice of the BD employing the RR, receive approval from the BD employing the RR, and record the transactions on the books of the BD if the RR receives a commission. However, the registered representative is not expected to notify the issuer of the securities for private securities transactions.

7 0
2 years ago
You decided to take a college accounting course to brush up on your knowledge of the language of business. The tuition expense w
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Answer:

The $500 is the opportunity cost.

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The sunk cost can be defined as a cost that has already been incurred. Such as cost can no longer be recovered. A sunk cost is considered to be irrelevant and is excluded from decision making.  

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A credit entry was recorded for unearned revenue and a debit for cash. What does this entry indicate?
rusak2 [61]

Answer:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability

Explanation:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability.

Note: Debit side increases asset(cash) and expenses while credit side decreases liability,income and equity.

Credit side decreases asset(cash) and expenses while debit side increases liability,income and equity.

7 0
2 years ago
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