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mr Goodwill [35]
3 years ago
10

If a bank uses $100,000 to purchase a building for $80,000 and equipment for $10,000, the balance sheet at the end of the transa

ctions will be ______.
Business
1 answer:
grigory [225]3 years ago
4 0

Answer:

cash = $10,000, property assets = $90,000, and stock shares = $100,000.

Explanation:

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In the cartel model Group of answer choices firms believe that price increases result in a very elastic demand, while price decr
bekas [8.4K]

Answer:

firms coordinate their decisions to act as a multi-plant monopoly..

Explanation:

A cartel is a group of countries or firms that have reached an agreement to work together in order to influence or decide market prices for goods and services by controlling sales and the level of production or quantity of output.

In the cartel model firms coordinate their decisions to act as a multi-plant monopoly, wherein the level of production or quantity of output is divided into many production plants.

<em>The main purpose of having the cartels do this is to make marginal cost (MC) equal to marginal revenue (MR) in the various production plants, so as to create monopoly profits by making sure each plant has its own cost. </em>

8 0
3 years ago
Harms Shoe Company applies manufacturing overhead based on the number of units as the cost driver. Information concerning costs
Rashid [163]

Answer:

The $64.20 is the unit product cost.

Explanation:

For computing the units produced for 1000 units, first we have to compute the total cost which is equals to

= Direct labor cost + direct material cost + manufacturing overhead

where,

Direct labor cost = labor hours × rate per hour

= 800 × $14

= $11,200

And. the manufacturing overhead = $8,000

Direct material = $45,000

Now put these values on the above equation

So,

Total units = $11,200 + $8,000 + $45,000

                 = $64,200

So the unit product cost  is equals to

= Total cost ÷ number of units produced

= $64,200 ÷ 1,000

= $64.20

Hence, $64.20 is the unit product cost.

5 0
3 years ago
You just received a bonus at your job of $4,000 which you decide to put in a saving account at the local bank. Assume that banks
ioda

Answer:

(A) 22,222.22

(B) 57,142.86

Explanation:

we will divide the deposit by the reserve requirement to know how much will expand the money supply.

4,000/0.18 = 22,222.22

4,000/0.07 = 57,142.86

The reasoning behind this multiplier effect is the following:

you deposit 4,000

the bank leave 18% = 920

And lend the remaninder: 3,080

Then, when this are deposit, again takes the minimun reserve and lend the remainder:

3,080 x 18% = 554.4

3,080 - 554.4 = 2,525.6

This process is repeated giving diminished amount to money available to lend. Thus, finding a limit on the division between fund and reserve requirement.

4,000/0.18 = 22,222.22

6 0
3 years ago
On January 1, 2021, Wetick Optometrists leased diagnostic equipment from Southern Corp., which had purchased the equipment at a
andre [41]

Answer:

Assuming the CPI is 124 at that time, prepare the appropriate journal entries related to the lease for Wetick at December 31, 2018. I think

Explanation:

srry I don't remember the answer but I think is b

7 0
3 years ago
Your client's campaign is consistently meeting its average daily budget. what should you do to maximize your client's budget thr
kirill [66]
<span>Change the ad delivery method from “Accelerated” to “Standard”
</span>
Explanation and more answers: http://www.certificationanswers.com/en/your-clients-campaign-is-consistently-meeting-its-average-dai....
3 0
3 years ago
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