Answer:
Loss on sale of delivery equipment = $3,700
Explanation:
The following journal entry to record the exchange for Sheridan’s Delivery Company.
Delivery equipment debit (fair value) $2,800
Loss on sale of delivery equipment debit $37,00 (Note - 1)
Accumulated depreciation debit $15,000
Delivery equipment (original cost) credit $21,500
Note: Calculation: Loss on sale of delivery equipment = cost price of delivery equipment - accumulated depreciation - disposal of delivery equipment.
Loss on sale of delivery equipment = $21,500 - $15,000 - $2,800.
Loss on sale of delivery equipment = $21,500 - $17,800
Loss on sale of delivery equipment = $3,700
Answer:
The answer is: $0.15
Explanation:
In a perfectly competitive industry, the price of a good or service is always equal to the marginal revenue for the suppliers. In this case, the price for candy canes is $0.10.
If the price of candy canes' inputs increases by $0.05, then the new price of candy canes will be $0.15 ($0.10 + $0.05).
Answer:option A is correct.
Explanation:
She is having a conceptual-level schema which allows her to the data of sales and records
Answer: In the long-run the economy is at the full employment level. This means that unemployment is also at its natural rate consistent with full employment level of output. Thus, the trade-off between inflation and unemployment disappears in the long-run and unemployment stays at its natural rate irrespective of the level of inflation in the economy.
This situation is given by the vertical Phillips curve, which shows that when economy is in the long-run equilibrium, unemployment is fixed at its natural level at any level of inflation.
Answer:
D:The supply of guitars will increase
Explanation:
Tin is one of the materials needed to make a guitar. If the tin price decrease, the cost to make a guitar will also decrease. If the cost of guitar decrease, the producer can get more profit by selling a guitar so they will try to make more. This lead to an increased supply of guitar. Some producers will sell the guitar at a lower price too, make more people can buy it and the demand will increase. It is not stated if silver can substitute tin and if it's cheaper, so we can't draw a conclusion on it.