5. Offer curves tell us a) The demand and supply of both goods at different relative prices b) The demand for import good only at different relative prices. c) The supply of export good at different relative prices. d) None of the above.
Q: How much is the company's expected total Nat Operating Income for the 2nd quarter ending on June 30?
A: NOI is a Profit before-tax appearing on a company's income and cash flow statement, that excludes…
Q: Diversity Ltd. produces and sells a product called Star. The company is currently selling 9,560…
A: Break-even sales mean that contribution is only covering the fixed costs. Any sales above the BEP…
Q: A first-year ZU business students states: "There is no use in calculating financial ratios, because…
A: Before proving the validation of the given statement, it is essential to understand that what is the…
Q: Based on the Module 1 content, briefly explain what the theory of comparative advantage would…
A: Opportunity cost means the number of units of a product forgone in order to produce a unit of…
Q: Bramble Company uses a flexible budget for manufacturing overhead based on direct labor hours.…
A: Flexible Budget: A budget that is based on a different volume of activities is called a Flexible…
Q: CP 14-8 Assume the following income statement and balance sheet information: Service revenue (all…
A: Disclaimer: “Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: PT Silver King uses a revaluation model for one class of equipment it uses for its gold cane…
A: Here discuss about of the valuation of equipment using cost model and revaluation model as well.…
Q: An entity accounted for land using the revaluation model. On October 1,2020, the entity classified a…
A: Impairment loss is the permanent diminution in the value of asset. it shows the decrease in the fair…
Q: Standard Direct Materials Cost per Unit Crazy Delicious Inc. produces chocolate bars. The primary…
A: Introduction: Direct materials are the fundamental components of produced goods. Businesses track…
Q: net profit is ($450,000), how much must the company sell in order to double its profit according to…
A: The units are determined by the company and by selling those number of units in a year the company…
Q: Partner A first contributed P50,000 of capital into an existing partnership on March 1, 2021. On…
A: Partnership means the two or more person of the agreement of buiness firm and profit and loss…
Q: ezos Co. reported the following capital structure at the beginning of the current year= ordinary…
A: EPS is calculated by taking into account the earnings available for equity shareholders. WHERE,…
Q: ing:
A:
Q: The balance in the unearned fees account, before adjustment at the end of the year, is $316,290.…
A: Routine transactions, such as client billings and supplier invoicing, should not be recorded using…
Q: Daley Company prepared the following aging of receivables analysis at December 31. Days Past Due 31…
A: Req-(a) Accounts Receivable Percent Uncollectible (%) Estimated Uncollectible (A)…
Q: How much is the average daily disbursement float? How much is the average daily collection float?…
A: The net float is calculated as difference in average daily disbursement float and average daily…
Q: Jung Inc. owns a patent for
A: Under US GAAP, if the carrying value (book value) is greater than undiscounted expected future cash…
Q: A company's trial balance at 31 December 2021 shows a debit balance of GHS700,000 on current tax and…
A: The tax charges for the year are the sum total of the tax already paid in the current year and any…
Q: The units-of-production method of depreciation charges a varying amount of depreciation expense for…
A: Depreciation represents the reduction in the value of an asset over a useful life of the asset. It…
Q: Barkov Industries makes an electronic component in two departments, Machining and Assembly. The…
A: The income statement shows the net income or net loss that is calculated by deducting the expenses…
Q: justment for Uncollectible Accounts Kirchhoff Industries has computed that the proper balance for…
A: Solution: Allowance for doubtful account is estimated to be uncollectible as per aging analysis or…
Q: Question: The carrying amount of the investment on December 31, 2020? On January 1, 2019, an entity…
A:
Q: Barkov Industries makes an electronic component in two departments, Machining and Assembly. The…
A: The income statement represents the net income or net loss that is calculated by deducting the…
Q: On Oct. 1, 2020, Shaw Company purchased a machine for P1,260,000 that was placed in service on Nov.…
A: Depreciation: Depreciation means the reduction in the value of an asset over the life of the assets…
Q: 000 shares issued and outstanding declared at 10% share dividend on ordinary sh preference shares.…
A: Basic earnings per share is net income less preferred dividend divided by the no of outstanding…
Q: Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…
A: Ratio analysis helps to analyze the financial statements of the company. The management can take…
Q: segregation of duties
A: Internal control is the function by which the company avoids errors and fraud in the company. It…
Q: On January 1, 2019, the JSW Corporation issued 10% bonds with a face value of $100,000. The bonds…
A: Answer - Working Note : The computation of the interest expense is shown below: The bond interest…
Q: - Jan 1, 2019 cost cost eturn cted loss utions 6 entry for 2019 lated OCI Dec 31, 2018 Dec 31, 2019…
A: Pension refers to the form of fund curated by an entity during their employment days in order to…
Q: osts ₱354,000 including shipping, installation and taxes. The supplier assures a salvage value of…
A: Sum of years digit method is kind of modified accelerated method of depreciation in which more…
Q: A company sells 280,000 units annually , at a price of ( 65 S / unit ) . The company wanted to…
A: To know sales for a desirable profit the following formula will be used (Fixed cost + desired…
Q: the product which represent £143,400. Total fixed costs equal £66,920 and total contribution equals…
A: The question is related to Marginal Costing and Cost Volume Profit Analysis. The income statement as…
Q: What amount should RIS report as a liability at December 31, 2021? a. P 0 b. P 26,000
A: Liability is an obligation that has to be paid by sacrificing the assets of the company. It includes…
Q: Noora Company manufactures quality hair care product. The ingredients are combined in the mixing…
A: A weighted average is a method that analyzes the relative value of the variables in a collection of…
Q: l manager informs the American executive that the child is an orphan with no other means of support;…
A: Cultural Relativist Cultural relativism stands for not judging society, situations, and things with…
Q: Which of the following is not correct in regard to trading securities a. they are held with the…
A: Answer - Option a. they are held with the intention of selling them in a short period of time -…
Q: Davis Company manufacturers desks. The beginning balance of Raw Material Inventory was $4,500; raw…
A: Raw material: Raw material used means raw material consumed as an input in the process of…
Q: Example: B-ball, Inc. manufactures basketballs as follows: Monthly productive capacity | 12,500…
A: Variable cost means the cost which vary with the level of output where as fixed cost remain fixed…
Q: You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to…
A: Annuity due : It is an annuity in which the periodic payment is paid at the beginning of each…
Q: Tyeso Company has the following accounts in its liabilities section of the Balance Sheet as of…
A: CURRENT LIABILITIES ARE THOSE LIABILITIES WHICH ARE EXPECTED TO BE PAID WITHIN NORMAL OPERATING…
Q: rsity produces a product company curren selling 9,360 the product which represent £143,400. Total…
A: Cost profit volume analysis helps to identify the posts under variable and fixed categories. Sales…
Q: Direct Materials Variances Bellingham Company produces a product that requires 11 standard pounds…
A: The variance is the difference between the actual data and standard output of the production.…
Q: Table 1: Cost and Production Data for the Mixing Department for May [Jadual 1: Data Kos dan…
A: Under weighted average cost method of process costing the average cost is calculated by taking into…
Q: An asset for drilling was purchased and placed in service by a petroleum production company. Its…
A: solution given cost of asset (P) =60000 salvage value (L) =12000 n…
Q: 6. Contracting company plans to update its equipment so that its trucks are replaced after five…
A: As per the concept of time value of money the worth of money changes with passage of time because…
Q: Direct Materials Variances The following data relate to the direct materials cost for the production…
A: Introduction:- Standard Costing is a predetermined cost. It is used to measure the efficiency of…
Q: Draw a graph related to your previous answers in a) and b). Consider the information from the graph,…
A: a) Currently Diversity Ltd is selling at Break even point i.e. Break even number of units. The…
Q: Parent corporation purchased 25% of the outstanding common shares of Subsidiary Limited for…
A: Journal entry is the act of keeping or making records of any transaction either economic or non…
Q: If the “fair value less cost to sell” of a noncurrent asset held for sale is lower than its carrying…
A: Impairment of an asset is required when there are indication that an impairment loss may have…
Q: On January 1, 2021, Chua Company purchased a piece of equipment with a list price of P6.000.000. The…
A: The amount to be debited to equipment account will be equal to present value of all payments to be…
Step by step
Solved in 2 steps
- In the Heckscher-Ohlin model with intermediate goods in equilibrium international supply chains will minimise cost of intermediate good inputs for final good production. True FalseWhich of the following statements regarding price elasticity is incorrect? a. A product with a perfectly inelastic demand would have the same demand even as prices change. b. A product with a perfectly inelastic demand would see demand change as prices change. c. When demand is price elastic, lower prices stimulate demand. d. When demand is price elastic, higher prices reduce demand.Which of the following statements regarding price elasticity is incorrect? A product with a perfectly inelastic demand would have the same demand even as prices change. A product with a perfectly inelastic demand would see demand change as prices change. When demand is price elastic, lower prices stimulate demand. When demand is price elastic, higher prices reduce demand.
- Please provide some explanation for the below question: 1. When applying lower of cost or market, market value A. is defined as the selling price B. should not exceed the net realizable value C. should not exceed the net realizable value less an allowance for a normal profit margin D. should not exceed the net realizable value plus an allowance for a normal profit marginIs it impossible when the new sales price is higher than the original price if we remove tariff. -the quantity of firm A and B is higher when the firm C remove tariff, and the quantity of firm C decrease.Suppose the demand functions for two products are q1 = f(p1, p2) and q2 = g(p1, p2) wherep1, p2, q1, and q2 are the prices (in dollars) and quantities for products 1 and 2. Consider thefour partial derivatives∂q1/∂p1,∂q1/∂p2,∂q2/∂p1and ∂q2/∂p2,State the sign of each of these partial derivatives if:(a) the products are complementary goods(b) the products are substitute goods.
- Which of the following does NOT accurately describe the requirements to apply relative valuation? a. The market value of the comps should be available. b. The valuation object should be compared with similar firms, preferably in industry, size, market and other measures. c. The market value of the valuation object should be available. d. The prices of the comps should be standardized, meaning a price ratio instead of the absolute price value should be compared.In case of indirect quotes, if OMR is at premium against GBP then______________. a. GBP is more expensive than OMR in Forward market. b. GBP is cheaper than OMR in Forward market. c. OMR is cheaper than GBP in Forward market. d. OMR is more expensive than GBP in spot market.Suppose America experiences a negative balance on goods and services (imports higher than exports.) If the exchange rate decreases, then a . imports will be expensive. b . goods and services balance will remain unchanged. c . deficit on goods and services will be reduced d . deficit on goods and services will increase e . None of the answers is correct
- Question-. If a pure monopolist can price discriminate by separating buyers into two or more groups: A. the marginal revenue curve will now shift to a position above the demand curve. B.marginal revenue will become less at each level of output than it would be without price discrimination. C. the firm will face multiple marginal revenue curves. E. the marginal revenue curve and the total revenue curve will now coincide I think the answer is C?That export prices always increases and import prices always fall ensure that a. all of the choices b. the distributional impact of trade is true also for the long-run c. is a reason why trade is resisted by workers in capital-abundant countries d. is a reason why trade is always welcomed by consumers e. none of the aboveWhat is the interpretation of a price-to-book ratio = 1?Select one:a. The selling price of the firms’ products equal to the market value of the productsb. The Market thinks the book value of the firm is greater than the market valuec. None of the given choicesd. The market is valuing the firm at its book value
