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3 years ago

Is a bicycling business socially efficient?

Business

1 answer:

hammer [34]3 years ago

4 0

Answer:

yessir

Explanation:

you talk to people about what bike they want and stuff, im smart

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On January 1, 2021, Consolidated Company purchased 100% of the common stock Avergy Industries for $720,000. On that date, Avergy

Dahasolnce [82]

Answer:

b. $ 50,000

Explanation:

Investment cost

720000

Book value of net asset

100000

420000

--------------

520000

Excess

200000

Allocated as follows

Land and equipment 50000

overvaluation of bonds payable 40000

Undervaluation of inventory 60000

Total 150000

Un allocated amount

Goodwill 50000

Total 200000

4 0

3 years ago

A fire destroyed a warehouse of the Goren Group, Inc., on May 4, 2021. Accounting records on that date indicated the following:

andrew-mc [135]

Cost of inventory destroyed in fire is $1,140,000

<u>Explanation:</u>

The loss from fire to inventory can be calculated by finding the cost of the inventory on the may 4 , 2021.

Cost of sales = Sales – profit on sales

= 9000000-1800000

=$7200000

The value of inventory on the may 4 = opening inventory on January 1 + purchases + freight in – cost of sales

=1980000+5880000+480000-7200000

=$1,140,000

Cost of sales is referred to the amount that is incurred in producing the goods. Cost of sales is included in the sale price of the product to earn a profit beyond the cost. So sales includes cost and profit which can be used to find the cost of sales.

4 0

3 years ago

A correlation coefficient shows that alcohol consumption and driving accidents are indeed related. as a result, a researcher cou

weeeeeb [17]

I believe the answer is: the number of driving accidents a person has will go up or down based on the number of alcoholic drinks consumed

Consuming alcohol would impair the overall function of your brain. This would make your reflex time become significantly slower compared to your capability before consuming the alcohol. Because of this slower reaction, the risk of being involved in driving accidents would also be increased.

5 0

3 years ago

A metallurgist has one alloy containing 26%26% copper and another containing 69%69% copper. How many pounds of each alloy must h

Brilliant_brown [7]

Answer:

Ans. He must use 2,987.76 pounds of alloy X (Cu=69%) and 2,365.24 pounds of alloy Y (26%=Cu)

Explanation:

Hi, let´s call alloy X the alloy that contains 69% of Cu and alloy Y the one containing 26% of Cu. Since he needs to produce 5,353 pounds of alloy, the first equation that we need to use is the following.

$X+Y=5,353$

Now, we need this 5,353 pounds of the new alloy to be 50% Cu, therefore, we have to use a portion of alloy X and alloy Y. This is as follows.

$0.69X+0.26Y=0.5(X+Y)$

And we have already established that X+Y is equal to 5,353, therefore this equation should look like this.

$0.69X+0.26Y=5,353*0.5$

$0.69X+0.26Y=2,676.5$

And we solve for X this equation, this as follows.

$0.69X=2,676.5-0.26Y$

$X=\frac{2,676.5-0.26Y}{0.69}$

$X=3,878.98-0.3768Y$

Now, we use this result and substitute this for X in the first equation like this.

$3,878.98-0.3768Y+Y=5,353$

and then, we solve for Y

$0.6232Y=5,353-3,878.98$

$Y=\frac{1,474.02}{0.6232} =2,365.24$

So, he needs to use 2,365.24 pounds of alloy that contains 26% of Cu, this means that the rest (2,987.76 pounds) must come from the alloy that contains 69% of Cu.

We can check this result by finding the overall Cu obtained by this amounts of alloy, that is

$Coppper FromX=2,987.76*0.69=2,061.55$