Think about the following situation and tell me what

If a country illegally subsidizes exports, other countries might:

alexgriva [62]

Answer:

A

Explanation:

because if the country subsides exports Countries will impose tarrifs which is the mone from other countries going into that country for their exports and if they stop doing that the money stops

3 0

3 years ago

Early in January, the following transactions were carried out by Maxwell Communications. Sold capital stock to owners for $35,00

Rina8888 [55]

Answer:

Part a

Assets Liabilities Owners Equity

Balances $308,250 $108,250 $200,000

Part b

Transaction # Assets Liabilities Owners Equity

1 + $35,000 (Cash) nill + $35,000 (Capital)

2 + $35,000 (Land) +67,500 (Note Payable) nill

+ $55,000(Buildings)

- $22,500 (Cash)

3 + $9,500 (Office Equi) + $9,500 (Acco Payable) nill

4 +$20,000 (Cash) +$20,000(Note Payable) nill

5 - $22,250 (Cash) -$20,000(Acco Payable) nill

Explanation:

Hi, I have attached the full question below as images.

Part a

Here simply calculated the totals of Assets, Liabilities and Owners Equity at December 31.

Part b

Remember for every transaction, there are two or more accounts affected. To find the effect of transactions, the first step is to identify the the Accounts affected and the amounts to effect these accounts. Determine if the Account is being increased or decreased. Lastly record the effect as required under the Element of Assets, Liabilities and Equity.

4 0

3 years ago

You and a group of friends are planning to visit a theme park, which charges $60 for admission, $100 for a two-day pass, and $13

enyata [817]

Answer:

Part 1.

Average cost per day of a three-day pass = $53.33/day per person

Marginal cost of adding the third day = $190 - $160 = $30 per person

Part 2.

Group's marginal cost of switching from the two-day pass to the three-day pass = $180

Explanation:

The total cost is the admission charge ($60) plust the cost of the pass ($100 or $130).

For a two-day pass that is: $60 + $100 = $160, per person

For a three-day pass that is: $60 + $130 = $190, per person

Part 1. The average cost per day of a three-day pass per person. 

The average cost is the total cost divided by the number of days.

Average cost = $160/3days = $53.33/day per person

The marginal cost of adding the third day per person is found by subtracting the total cost for two days from the total cost for three days:

Marginal cost of adding the third day = $190 - $160 = $30 per person

This says that althoud the average cost for the three days is $53.33 the cost of adding the third day is $30, which is much lower; thus, it is a good deal to buy a three-days pass, as they are interested in spending a lot of time there.

Part 2. The group's marginal cost of switching from the two-day pass to the three-day pass

Since the marginal cost of switching from the two-day pass to the three-day pass is $30 per person, the marginal cost for the 6-person group is 6 times $30:

6 persons × $30/person = $180.

8 0

3 years ago

EA10.

antoniya [11.8K]

Answer:

The question is incomplete; the complete question is given below.

Selling Price per unit Variable cost per unit

Product $ $

Snowboards 20.00 170.00

Skis 400.00 225.00

Poles 50.00 20.00

Salvador's contribution margin is 46.2%

Explanation:

Contribution is the amount generated from the sales of a product to cover part of the total fixed cost.

Contribution is an important concept in decision making because it helps to determine the profitability of individual products where a set of products benefit from the same fixed cost. it helps in prioritizing the allocation of resources to different products based on their profitability .

Contribution per unit = Selling price per unit- variable cost per unit

Total contribution= Contribution per unit * units sold

Contribution margin ration: The proportion of sales realised as contribution is known as contribution margin ratio (CMR) . It represents the amount generated as contribution from every one dollar worth of sales. A 60% margin means that $60 is made as contribution from evry sales of $100, for example.

It is a calculated as follows:

Single-product scenario:

C.M.R= contribution per unit/ selling price per unit

Multiple-products scenario:

C.M.R= contribution from a mix / revenue from a mix

We shall use the multiple-products formula

Snowboard ski Poles Total

$ $ $

Selling price 320 400 50

variable cost (170) (225) (20)

Contribution per unit (SP-VC) 150 175 30

Cont from a mix (cont× unit) 1050 525 60

Revenue from a mix (SP× unit) 2240 1200 100

Contribution margin ratio= Cont. from a mix/ Rev from a mix

= (1050+525+60)/(2240+1200+100)

=(1635 / 3540) × 100

= 46.2 %

8 0

2 years ago

On September 30, Franz Corporation notices a decline in value of its investment in held-to-maturity bonds that it believes to be

never [62]

Answer:

Dr Loss on Impairment $15,520.00

Cr Maturity Debt Securities $15,520.00

Explanation:

Preparation of the journal entry to record the impairment.

Journal entry

Sep. 30

Dr Loss on Impairment $15,520.00

Cr Maturity Debt Securities $15,520.00

($38,500-$22,980=$15,520)

(To record the impairment)

3 0

3 years ago