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Svetllana [295]
2 years ago
13

Drag each description to the correct location on the graph. This graph is the production possibility curve for a country's combi

ned production of good A and good B. Match each description to the point on the graph that it best corresponds with​

Business
1 answer:
PtichkaEL [24]2 years ago
3 0

Answer:

**Starting from the bottom**

First: The country's unemployment rate has increased drastically.

Second: there are still many people without jobs, but the countries unemployment rate has decreased.

Third: The country is using its resource efficiently.

Fourth: The country wishes to produce an amount of both goods that is clearly unattainable.

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Snowboards Inc. refuses to sell its products to Timber Winter Sports Stores, Inc., a retail snowboard dealership. This violates
Lilit [14]

Answer:

b. The refusal has an anti competitive effect on the market.

Explanation:

When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.

This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.

Products that are evenly distributed and not selective would increase competition in the market place such that customers would be able to purchase such product in any retail shop that sells the products.

7 0
2 years ago
At the beginning of 2018, ABC began offering a 1-year warranty on its products. The warranty program was expected to cost ABC 4%
s344n2d4d5 [400]

Answer:

$7.2 million

Explanation:

Calculation for the amount of warranty expense on Angel's 2016 income statement

Using this formula

Warranty expense =Net sales ×Expected percentage of net sales

Let plug in the formula

Warranty expense=$180 million×4%

Warranty expense=$7.2 million

Therefore the amount of warranty expense on Angel's 2016 income statement will be $7.2 million

3 0
2 years ago
Exercise 10-3 Sell or process further LO P2 Cobe Company has already manufactured 28,000 units of Product A at a cost of $28 per
kozerog [31]

Answer:

The company should process the units further.

Explanation:

Base on the scenario been described in the question, we can be able to use the method to prepare an analysis that shows whether the 28,000 units of Product A should be processed further or not.

Sell as is Process

further

Sale as is (28,000 units x $25.00) $700,000

Process further (5,600 units x $105) + (11,200 x $70) $1,372,000

Cost to process further (420,000)

Incremental income (loss) $700,000 $952,000

The company should process the units further

7 0
2 years ago
Emily, who is single, has been offered a position as a city landscape consultant. The position pays $153,800 in cash wages. Assu
Law Incorporation [45]

Answer:

a) using the 2020 tax schedule:

Emily's taxable income = $153,800 - $12,200 = $141,600

Emily's tax liability = $14,605.50 + [($141,600 - $85,525) x 24%] = $28,063.50

Emily's after tax compensation = $153,800 - $28,063.50 = $125,736.50

b and c ) if Emily (or Rick?) get a $102,500 offer that includes benefits worth $4,900 that are not taxable:

taxable income = $102,500 - $12,200 = $90,300

tax liability = $14,605.50 + [($90,300 - $85,525) x 24%] = $15,751.50

after tax compensation = $102,500 - $15,751.50 + $4,900 = $91,648.50

5 0
2 years ago
We are evaluating a project that costs $1.68 million, has a six-year life, and has no salvage value. Assume that depreciation is
zvonat [6]

Answer:

                              Best-Case        Worst-Case

                                  NPV                     NPV

PV of cash inflows $2,897,706      $3,187,477

PV of project cost  $1,680,000     $1,848,000 ($1,680,000 * 1.1)

NPV                         $1,217,706    $1,339,477

Explanation:

a) Data and Calculations:

Initial project cost = $1.68 million

Project's estimated life = 6 years

Salvage value = $0

Depreciation expense = $280,000 ($1.68 million/6)

Income Statement:

Sales revenue (90,000 * $37.95) = $3,415,500

Cost of goods sold:

Variable cost (90,000 * $23.20) =    2,088,000

Gross profit =                                    $1,327,500

Fixed costs =                                         815,000

Income before tax =                           $512,500

Income tax (21% of $512,500) =          107,625

Net income =                                     $404,875

Add depreciation expense                280,000

Annual cash inflows =                      $684,875

PV annuity factor for 6 years at 11% = 4.231

PV of annual cash inflows of $684,875= $2,897,706 ($684,875 * 4.231)

Annual cash inflows = $753,363 ($684,875 * 1.1)

PV of annual cash inflows of $753,363 = $3,187,477 ($753,363 * 4.231)

3 0
2 years ago
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