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1 year ago

Draw a graph which depicts long run equilibrium of transnet

1 answer:

7 0

I will not be able to illustrate the graph in the dialog box but instead, the writer will describe the long-run equilibrium of transnet. Long-run equilibrium in economics focuses on the period of time where the resource is still available and what is its costs and quantity produced.

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1. Potash Corporation acquired the voting stock of Safestyle Company on January 1, 2019 for $50 million. Safestyle's book value

Nataly_w [17]

Answer:

The correct answer for you question is $53, 300, 000

Explanation:

I have attached the complete question for you refrence.

Answer : $53,300,000

Explanation:

Equity investment in Safestyle: Amount $'m

Year 2019:

Cash 50

add: Net Income 2019. 3

less: Impairment of Goodwill 2019 -1

Closing Balance 2019. 52

Year 2020:

Opening Balance 2020 52

add: Net Income 2020 1.8

less: Impairment of Goodwill 2020 -0.5

Closing Balance 2020 53.3

4 0

2 years ago

Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine-hours best explain the

Paha777 [63]

Answer:

The utilities cost associated with 1,110 machine hours will be $10,505.

Explanation:

High Low method is a way to calculate the variable and fixed cost element of total cost using lowest level of activity and its cost and highest level of activity and its cost.

In this example The Highest activity of Machine hour is in the month of May and Lowest activity is in February.

Using high low method:

Variable cost = ( Highest activity cost - Lowest activity cost ) / ( Highest activity - Lowest activity )

Variable cost = ( Cost in May - Cost in February ) / ( Machine hours in May - Machine Hours in February)

Variable cost = ( $9,625 - $8,360 ) / ( 950 - 720 )

Variable cost = $1,265 / 230

Variable cost = $5.50 per machine hour

Fixed Cost = $8360 - ( 720 x $5.5) = $8360 - $3960 = $4,400

Utility cost of 1110 units = $4,400 + ( 1,110 x 5.5 ) = $4400 + $6,105 = $10,505

5 0

1 year ago

Consider the following data on U.S. GDP: Year GDP (Billions of current dollars) (Billions of 2012 dollars) 2014 17,521.7 16,899.

saul85 [17]

Answer:

= 5.18%

2.88%

True

Explanation:

Nominal GDP is GDP calculated using current year prices

Change in nominal GDP from 2017 to 2018 = 20,494.1 / 19,485.4 - 1 = 0.0518 = 5.18%

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation

The percentage change in real GDP from 2014 to 2015 = 17,386.7 / 16,899.8 - 1 = 0.0288 = 2.88%

percentage change in real GDP from 2015 to 2016 = 17,659.2 / 17,386.7 - 1 = 1.57%

The percentage change in real GDP from 2014 to 2015 was higher than the percentage change in real GDP from 2015 to 2016

5 0

2 years ago

Dilly Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow: Sales are budgeted

julsineya [31]

Answer:

Accounts payable at the end of December would be $184,500

Explanation:

In order to calculate the Accounts payable at the end of December we would have to calculate the following formula as follows:

Accounts payable at the end of December=cost of goods sold+ Desired ending inventory- Beginning inventory

cost of goods sold=Sales×percentage of cost of goods sold

cost of goods sold=$326,000×75%

cost of goods sold=$244,500

Desired ending inventory=$226,000*75%*80%

Desired ending inventory=$135,600

Beginning inventory=$244,500*80%

Beginning inventory=$195,600

Therefore, Accounts payable at the end of December=$244,500+$135,600 - $195,600

Accounts payable at the end of December=$184,500

Accounts payable at the end of December would be $184,500

5 0

1 year ago

Ransdell Corporation estimates that $15,000 of the current period’s credit sales will be uncollectible. Where will these bad deb

Naily [24]

Answer:

Bad Debts Expense of $ 15,000 in the income statement and offset of receivables by $ 15,000 in the balance sheet.

Explanation:

The portion of credit sales considered to be uncollectible will be recorded as an expense in the income statement for the period. This is usually classified as bad debts expense and appears in the income statement as a debit or expense.

The corresponding credit shall be either to an Allowance for Uncollectible accounts if a provision is made or directly as a credit to the receivables account.

In either manner the effect is to reduce the receivable in the balance sheet

5 0

2 years ago