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2 years ago

The aggregate demand curve slopes downward indicating that

Business

1 answer:

Likurg_2 [28]2 years ago

4 0

Answer: Diminishing marginal utility.

Explanation: The demand curve tends to slopes downward because of diminishing marginal utility and it also slopes downwards because of the substitution and income effects.

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On January 1, Year 1, Pacific Corporation acquired 75% of Sand Corporation's 200,000 outstanding common shares for $2,850,000. O

Allisa [31]

Answer:

$112,500

Explanation:

The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned method:

Cost to acquire share of the Pacific Corporation $2,850,000

Less:Net Assets Acquired of Sand Corporation

Sand Net Assets $3,000,000

Excess value of land $200,000

Excess value of equipment $150,000

Fair value of non-compete $300,000

$3,650,000 ($3,650,000)

Add:Net Assets portion of the Non controlling interest $912,500

($3,650,000*25%)

Good will $112,500

3 0

2 years ago

New Jersey Company owns 80% of the common stock of Newark, Inc. In 2012, New Jersey reported sales of $300,000, and Newark repor

alisha [4.7K]

Answer: $380,000

Explanation:

From the question, we are informed that New Jersey Company owns 80% of the common stock of Newark, Inc. In 2012, New Jersey reported sales of $300,000, and Newark reported sales of $100,000, including sales to New Jersey of $20,000.

Based on the above information, the amount of sales that should be reported in the consolidated income statement for 2012 will be:

$300000 + $100000 - $20,000

= $380000

4 0

2 years ago

Colorado Traffic laws are revised each year by

neonofarm [45]

Puppies :D
I can explain this because this is how or entire country should be ran. Puppies are answers to everything. Don't @ me. ;)

5 0

2 years ago

Fontaine Inc. recently reported net income of $2 million. It has 500,000 shares of common stock, which currently trades at $40 a

Firlakuza [10]

Answer:

$50

Explanation:

Given,

Current Net income = $2,000,000

No. of common shares today = 500,000

Current market price per share = $40

Anticipated Net income in 1 year = $ 3,250,000

Anticipated No. of common shares in 1 year = 500,000 +150000 =650,000

From this data, then

The current Earnings Per Share(EPS) = $\frac{2,000,000}{500,000} = 4$

Current Price/Earning ratio = $\frac{ Price per share}{EPS} = \frac{40}{4} = 10$

Anticipated EPS in 1 year= $\frac{Anticipated Net income in 1 year }{Anticipated No. of common shares in 1 year } = \frac{3,250,000}{650,000} = $5$

If the company's P/E ratio remain as that of the current at 10, then

The anticipated price of stock in 1 year = Anticipated EPS * P/E ratio in 1 year

= $5 *10 = $50

4 0

2 years ago

The City of Clear Lake signed a lease agreement with Mountainside Builders whereby Mountainside will construct a new office buil

AnnyKZ [126]

Try making discount to 5% they will have to pay just a little more for what they are buying. Try moving the payment to 822,000 so you can save the 441 dollars.

4 0

2 years ago