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2 years ago

The following transactions were completed by the company.

Business

1 answer:

Nana76 [90]2 years ago

3 0

Answer:

Since there is not enough room here, I used an excel spreadsheet to answer the question.

Assets increased by $8,440

Stockholders' equity increased by $8,440

Revenues increased by $8,440

Cash flows increased by $6,040

Explanation:

The accounting equation: Assets = Liabilities + Stockholders' Equity, basically represents how the double entry accounting system works. One side (assets) must always be equal to the other side (liabilities + stockholders' equity).

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. A company produces two products, A and B, which have profits of $9 and $7, respectively. Each unit of product must be processe

prohojiy [21]

Answer:

(a) Linear model

$max\ P = 9x + 7y$

Subject to:

$12x + 4y \le 60$

$4x + 8y \le 40$

$x,y \ge 0$

(b) Standard form:

$max\ P = 9x + 7y$

Subject to:

$12x + 4y + s_1 = 60$

$4x + 8y +s_2= 40$

$x,y \ge 0$

$s_1,s_2 \ge 0$

Explanation:

Given

$\begin{array}{ccc}{} & {Hours/} & {Unit} & {Product} & {Line\ 1} & {Line\ 2} & {A} & {12} & {4} & {B} & {4} & {8} & {Total\ Hours} & {60} &{40}\ \end{array}$

Solving (a): Formulate a linear programming model

From the question, we understand that:

A has a profit of $9 while B has $7

So, the linear model is:

$max\ P = 9x + 7y$

Subject to:

$12x + 4y \le 60$

$4x + 8y \le 40$

$x,y \ge 0$

Where:

$x \to line\ 1$

$y \to line\ 2$

Solving (b): The model in standard form:

To do this, we introduce surplus and slack variable "s"

For $\le$ inequalities, we add surplus (add s)

Otherwise, we remove slack (minus s)

So, the standard form is:

So, the linear model is:

$max\ P = 9x + 7y$

Subject to:

$12x + 4y + s_1 = 60$

$4x + 8y +s_2= 40$

$x,y \ge 0$

$s_1,s_2 \ge 0$

4 0

1 year ago

Merchants Credit Union has decided that tellers must rotate through a new weekend shift on Saturday afternoons because several o

HACTEHA [7]

Answer:

Innovative change

Explanation:

Innovation means change, hopefully a change for better. When a company decides to innovate its processes it means that it is trying to improve existing processes to make them more effective and more productive. In this particular case by starting to work weekend shifts they are trying to offer a better service.

8 0

2 years ago

The environmental protection agency of a county would like to preserve a piece of land as a wilderness area. The current owner h

charle [14.2K]

Answer: The answer is given below

Explanation:

Here , we are going to apply the present value of annuty formula.

a. Social Opportunity cost = $1.1 Million

The Yearly cash flows = $110,000

Time (n) = 20 years

The Discount rate (R) = 4%

Net benefits= Present value of cash inflows - the intial socail opportnity cost

Net benefits= Yearly cash flow × (1 - 1/(1+R)^n) / R - 1100000

Net benefits = 110000 × (1 - 1/1.04^20)/0.04 - (1100000)

= $394936

b. We will use the formula for present value of an annuity with the growth rate in benefits as 2 percent.

Firstly, dg= (0.04 - 0.02)/ (1+0.02)

= 0.01961

PV(benefits) = [($110,000)÷ (1+0.02)][1-(1+dg)-20]/dg]

= $1,770,045

NPV = $1,770,045 - $1,100,000= $670,045

7 0

2 years ago

What allows consumers to receive goods and services in a non-price rationing system?

Tatiana [17]

Non-price rationing system is commonly done by queuing (to resolve rationing problems brought by price ceilings) and by coupons (to restore buyer equilibrium). Favored customers who received special treatment from dealers when there is an excess demand, which means: owners giving goods and services to their friends, is another non-price rationing mechanism. I hope that this is the answer that you were looking for and it has helped you.

6 0

2 years ago

4. Formulate an equation that would allow you to calculate the PERCENTAGE of people who filed their taxes during the week of Apr

STatiana [176]

Answer:

% people filed taxes = [Number of filed their taxes / Total number of people]100

Explanation:

% people filed taxes = [Number of filed their taxes / Total number of people]100

Assume;

Number of filed their taxes = 100

Total number of people = 1,000

% people filed taxes = [100/1000]100

% people filed taxes = 10%

5 0

2 years ago