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3 years ago

Match each hypothetical country’s aging structure to its most likely economic situation.

1 answer:

7 0

It should be noted that the aging structure data is important as it allows the rate of growth to be associated with the population in a country.

Your information is incomplete. Therefore, an overview of the topic will be given. There are typically three age structures which are:

The children who are under 15 years old.
The working-age who are between 15 - 64 years.
The elderly ones who are 65 years and older.

It should be noted that an aging population lower the labor-force participation and slows down economic development in the country.

Learn more about aging population on:

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The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2021, the end of its fiscal y

ruslelena [56]

Answer:

$13,000 is the year-end balance in retained earnings for K and J Nursery, Inc.

Explanation:

Total Assets = Cash + Account Receivable + Inventory + Equipment

Total Assets = 35,000 + 30,000 + 44,000 + 99,000

Total Assets = 208,000

Total Liabilities = Account Payable + Salaries Payable + Interest Payable + Note Payable

Total Liabilities = 33,000 + 14,500 + 10,500 + 49,000

Total Liabilities = 107,000

Total Assets = Total Equity + Total Liabilities

Total Equity = Total Assets - Total Liabilities

Total Equity = 208,000 - 107,000

Total Equity = 101,000

Retained Earning = Total Equity - Common Stock

Retained Earning = 101,000 - 88,000

Retained Earning = 13,000

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3 years ago

Ross White wants to reconsider his decision of buying the brackets and is considering making the brackets in-house. He has deter

Vilka [71]

Answer:

See explanations

Explanation:

a. What is the daily demand rate? 2500/365=6.85 per day

b. What is the optimal production quantity? sqrt( 2DCo/Ch)=sqrt(2*2500*25/1.48)= 290.619=291

c. How long will it take to produce the optimal quantity? 291/50=5.82 days

d. How much inventory is sold during the production run time? 6.85*5.82= 40

e. If Ross uses the optimal production quantity, what would be the maximum...

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4 years ago

During 2018, TRC Corporation has the following inventory transactions.

Soloha48 [4]

Answer:

Results are below.

Explanation:

Giving the following information:

Jan. 1 Beginning inventory 48 $40 $1,920

Apr. 7 Purchase 128 42 5,376

Jul. 16 Purchase 198 45 8,910

Oct. 6 Purchase 108 46 4,968

For the entire year, the company sells 427 units of inventory for $58 each.

Ending inventory units= 482 - 427= 55

1)

Under the FIFO (first-in, first-out) method, the ending inventory is calculated using the cost of the lasts units remaining in inventory.

Ending inventory= 55*46= $2,530

COGS= 48*40 + 128*42 + 198*45 + 53*46= $18,644

Revenue= 427*58= $24,766

Gross profit= 24,766 - 18,644= $6,122

2)

Under the LIFO (last-in, first-out) method, the ending inventory is calculated using the cost of the firsts units remaining in inventory.

Ending inventory= 48*40 + 7*42= $2,214

COGS= 108*46 + 198*45 + 121*42= $18,960

Revenue= 427*58= $24,766

Gross profit= 24,766 - 18,960= $5,806

3)

First, we need to calculate the weighted-average cost:

weighted-average cost= (40 + 42 + 45 + 46) / 4= $43.25

Ending inventory= 55*43.25= $2,378.75

COGS= 427*43.25= $18,467.75

Revenue= 427*58= $24,766

Gross profit= 24,766 - 18,467.75= $6,298.25

6 0

3 years ago

ABC Co. purchased equipment for $72,000 on January 1, 2017. The equipment is expected to have a five-year life and a residual va

Korvikt [17]

Answer:

Depreciation expense for 2017: $26,400

The book value of the equipment at December 31, 2017: $45,600

Explanation:

Under the straight-line method, useful life is 5 years, so the asset's annual depreciation will be 20% of the Depreciable cost.

Depreciable cost = Total cost of the equipment - Residual value = $72,000 - $6,000 = $66,000

Under the double-declining-balance method the 20% straight line rate is doubled to 40% - multiplied times the Depreciable cost's book value at the beginning of the year.

Depreciation expense for 2017 = 40% x $66,000 = $26,400

Accumulated depreciation at December 31, 2017 = $26,400

Book value of the equipment at December 31, 2017 = Cost of the equipment - Accumulated depreciation at December 31, 2017 = $72,000 - $26,400 = $45,600

6 0

3 years ago

Approximately how many free Americans remained loyal to the British during the war? a. 20 to 25 percent. b. 10 to 15 percent. c.

jekas [21]

Answer:

The Correct Option is A: 20 to 25 percent.

Explanation:

In a report by an American historian, it was stated that about 450,000 Americans did not stop being loyal to the British during the revolutionary period. This population represents about 20 percent of Americans having European Origin, or approximately 16 percent of the entire population.

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3 years ago

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