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2 years ago

If Creative Analysis, Inc. decides to maintain a constant debt-equity ratio, what rate of growth can they maintain?

1 answer:

5 0

Answer: If Creative Analysis, Inc. decides to maintain a constant debt-equity ratio, what rate of growth can they maintain? 4.82percent

Explanation:

Sustainable growth = {[$540 / ($3,000 + $1,700)] [$216 / $540]} / {1 {[$540 / ($3,000 + $1,700)] [$216 / $540]}} = .04817 = 4.82 percent

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Vietnam and Ecuador both produce shrimp and rice. Vietnam can produce 180 thousand pounds of shrimp or 60 thousand pounds of ric

Elden [556K]

Answer:

(a) 3 pounds of shrimp

(b) 5 pounds of shrimp

Explanation:

Opportunity costs refers to the costs or benefits that are foregone to select some other alternative.

Vietnam can produce 180,000 pounds of shrimp or 60,000 pounds of rice in a year:

Opportunity cost of producing one pound of rice = 180,000 ÷ 60,000

= 3 pounds of shrimp

Ecuador can produce 130,000 pounds of shrimp or 26,000 pounds of rice in a year:

Opportunity cost of producing one pound of rice = 130,000 ÷ 26,000

= 5 pounds of shrimp

Therefore,

According to the principle of comparative advantage, the Vietnam has a comparative advantage in producing rice because it has a opportunity cost of producing rice than Ecuador.

7 0

2 years ago

Summarize your thoughts, in a minimum of 2 sentences, on why is it important for healthcare workers to be aware of various cultu

Effectus [21]

Healthcare worker's main goals are to treat patient illnesses, but they cannot ignore social and cultural contexts. To provide the best care, it is vital that healthcare workers understand and respect how different cultures and religions handle grief and death. For example, it may be important to have a Rabbi or Priest who can pray with the patient or family if desired.

6 0

2 years ago

Read 2 more answers

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the fol

zhuklara [117]

Answer:

GOLDEN EAGLE COMPANY

Adjusting entries that were made for supplies, prepaid insurance, salaries payable, and unearned revenue on December 31.

Debit Supplies Expense $2,050

Credit Supplies $2,050

Debit Insurance Expense $1,050

Credit Prepaid Insurance $1,050

Debit Salaries Expense $14,100

Credit Salaries Payable $14,100

Debit Unearned Revenue $1,500

Credit Rent Revenue $1,500

Explanation:

a) Data and Calculations:

Golden Eagle Company

November 30 adjusted trial balance

30-Nov 31-Dec

Debit Credit Debit Credit

Supplies $2,000 $2,550

Prepaid Insurance $8,000 $6,950

Salaries payable $11,000 $16,000

Unearned revenue $3,000 $1,500

Supplies:

Nov. 30 balance $2,000

Purchase 2,600

Supplies expense 2,050

Balance $2,550

Prepaid Insurance:

Nov. 30 balance $8,000

Insurance exp. 1,050

Dec. 31 balance $6,950

Salaries Payable:

Nov. 30 balance $11,000

Salaries expense 14,100

Cash paid 9,100

Dec. 31 balance 16,000

Unearned Revenue:

Nov. 30 balance $3,000

Rent Revenue $1,500

Dec. 31 balance 1,500

3 0

2 years ago

The balance in a company's Cash account on August 31 was $19,700, before the bank reconciliation was prepared. After examining t

SashulF [63]

Answer:

$17200

Explanation:

A balanced sheet is a statement of financial position that list the assets , liabilities and equities of an organization.

The items that affect the current asset (cash)balance in the balanced sheet for the month in the question are Cash book balance , deposit outstanding and check outstanding.

Cash book balance - 19700

Deposit outstanding - 1800

Less check outstanding - (4300)

17200

3 0

2 years ago

Since we use GDP to determine a nation’s health, we can only add the market value of the goods and services produced in the Unit

IrinaVladis [17]

Answer:

a. Shampoo is bought and used by a hair stylist in the mall. - F

It is a final product bought by the final consumer (the hair sytlist). It is part of GDP.

b. A family buys some finger paint for their child to use. - F

It is a final product bought by the final consumer (the family). It is part of GDP.

c. A person buys a tire to replace to flat one on their car. - F

It is a final product bought by the final consumer (the person who will replace the flat tire). It is part of GDP.

d. A hotel chain buys a box of pens. - F

It is a final product bought by the final consumer (the hotel). It is part of GDP.

e. Flour is bought and used to bake a cake to be sold at a bakerySomeone buys a steak to grill at home. - I

It is an intermediate product, because the flour will be made into cakes, that will then be sold, taking into account the value of the flour itself. It is not part of GDP.

f. An accounting firm buys calculators for its accountants. - F

It is a final product bought by the final consumer (the firm). It is part of GDP.

g. A person buys shampoo to use at home. - F

It is a final product bought by the final consumer (the person). It is part of GDP.

h. Flour is bought and used to bake a cake for a birthday. - F

It is final good because the flour will be made into a birthday cake, but the cake will be conumed at home. If the birthday cake is later sold, then, the flour is an intermediate good.

i. A student buys a pack of pens to do their homework. - F

It is a final product bought by the final consumer (the student). It is part of GDP.

j. A restaurant prepares a steak for its customers. - F

The steak is a final product, it will be consumed by customers for a value that the restaurant has set. This value is part of GDP.

k. A factory buys tires to place on their cars. -I

The tires are intermediate goods because they will be put in cars that they factory will later sell. The tires are not part of GDP.

l. An artist buys paints for a painting, with the intention of keeping it. - F

The painting is a final good because they customer has bought it to keep it a home. It is part of GDP.

m. A calculator is bought and used for mathematics homework. - F

It is a final product bought by the final consumer (the person doing math work). It is part of GDP.

n. An artist buys paints for a landscape painting, with the intention of selling it. - I

The paints are intermediate because their value will be put into the making of the landscape painting, which will be sold for a price that will take into account the cost of the paints. The paints are not part of GDP.

7 0

2 years ago