In the graph, what might explain the movement of the demand curve from D1 to D3?

Lisa is choosing between three alternatives: a) working at her job that pays 60 dollars; b) writing a term paper which she value

Mkey [24]

Answer:

c. 80 dollars.

Explanation:

Opportunity cost represents the next best alternative missed. It is the forfeited benefits arising from choosing one option over the others. Opportunity cost is expressed as a value or the worth of the forgone alternative.

Lisa's opportunity cost is $ 80. She has valued going out with her friend at $ 80, which is the highest value amongst her three choices. Since she can not engage in all the three activities at the same time, the next best alternative to writing her exam is the opportunity cost.

7 0

2 years ago

Sanyu Sony started a new business and completed these transactions during December.

Vitek1552 [10]

Answer:

Sanyu Sony

Income Statement

For the month ended December 31

Revenue $7,100

Less: Operating expenses 2,940

Net Income $4,160

Sanyu Sony

Statement of Retained earnings

For the month ended December 31

December 1 $ -

Add: Net Income 4,160

Less: Dividends 950

December 31 $3,210

Sanyu Sony

Balance Sheet

As of December 31

Asset

Current Assets

Cash $59,180

Acounts receivable 900

Office supplies 1,150

Total current assets $61,230

Non-current assets

Equipment 15,530

Total assets $76,760

Liabilities and Owner's Equity

Current liability

Accounts Payable $350

Non-current liability

Note Payable 8,200

Total liabilities $8,550

Owner's Equity

Common Stock $65,000

Retained earnings 3,210

Total equity $68,210

Total liabilities and Equity $76,760

Sanyu Sony

Statement of Cash Flows

For the month ended December 31

Net Income $4,160

Changes in working capital:

Increase in:

Accounts receivable (900)

Office supplies (1,150)

Increase in:

Accounts payable 350

Net cash provided by operating activities $2,460

Cash flow used in investing activity

Acquisition of equipment (15,530)

Increase in Notes payable 8,200

Payment in dividends (950)

Cash flow used in investing activities (8,280)

Cash flow from financing activity

Collection of subscriptions receivable 65,000

CASH AT END OF DECEMBER $59,180

Explanation:

Balance sheet is a statement of financial position that consists of 3 sections; Assets, liabilities and equity. It summarizes the financial balances of the company's accounts. All real accounts will be reflected in balance sheet.

Income statement shows the nominal accounts of the company. It shows how well the company performs during the period thru its revenue and expenses summary that is reflected in this statement.

Statement of Retained earnings shows the balances of the retained earnings for the period.

Statement of cash flows has 3 sections; operating, investing and financing activities.

7 0

2 years ago

Each of 16 students measured the circumference of a tennis ball by four different methods, which were:

antoniya [11.8K]

Question Continuation

a. Compute the mean measurement for each method.

b. Compute the median measurement for. each method.

c. Compute the 20% trimmed mean measurement for each method.

Answer:

a. Mean

Mean A = 22.675

Mean B = 20.71875

Mean C = 21.0125

Mean D = 20.86875

b. Median

Median A = 23.45

Median B = 20.45

Median C = 21.0

Median D = 20.7

c. 20% Trimmed Mean

Trimmed Mean A = 23.14

Trimmed Mean B = 20.73

Trimmed Mean C = 21.04

Trimmed Mean D = 20.75

Explanation:

a.

Mean = Σx/n

Where Σx= Summation of entries in each method

n = 16

Mean of Method A = (18.0 + 18.0 +18.0 + 19.0 + 22.0 + 22.0 + 22.5 + 22.9 + 24.0 + 24.0 + 25.0 +25.0 + 25.0 + 25.0 + 26.0 +26.4)/16

Mean A = 362.8/16

Mean A = 22.675

Mean of Method B = (18.8 + 18.9 + 18.9 + 19.8 + 20.1 + 20.4 + 20.4 + 20.4 + 20.6 + 20.5 + 21.2 + 21.9 + 22.0 + 22.0 + 22.0 + 23.6)16

Mean B = 331.5/16

Mean B = 20.71875

Mean of Method C = (20.2 + 20.5 + 20.5 + 20.7 + 20.8 + 20.9 + 21.0 + 21.0 + 21.0 + 21.0 + 21.0 + 21.5 + 21.5 + 21.5 + 21.5 + 21.6)/16

Mean C = 336.2/16

Mean C = 21.0125

Mean of Method D = (20.0 + 20.0 + 20.0 + 20.2 + 20.2 + 20.5 + 20.5 + 20.7 + 20.7 + 20.7 + 21.0 + 21.5 + 21.5 + 21.6 + 22.1 + 22.3)/16

Mean D = 333.9/16

Mean D = 20.86875

b.

Median is the number(s) at the middle

Since the total number of points for each method is 16 and this is an even number we need to calculate the median as the average between the 8th and the 9th position of the data ordered from the smallest to the largest. If we do this we have that:

Method A

Arranged Data: 18.0, 18.0, 18.0, 19.0, 22.0, 22.0, 22.5, 22.9, 24.0, 24.0, 25.0, 25.0, 25.0, 25.0, 26.0, 26.4

The 8th and 9th data are: 22.9 and 24.0

Median = (22.9 + 24.0/2

Median = 46.9/2

Median A = 23.45

Method B

Arranged Data: 18.8, 18.9, 18.9, 19.8, 20.1, 20.4, 20.4, 20.4, 20.5, 20.6, 21.2, 21.9, 22.0, 22.0, 22.0, 23.6

The 8th and 9th data are: 20.4 and 20.5

Median = (20.4+20.5)/2

Median = 40.9/2

Median B = 20.45

Method C

Arranged Data: 20.2, 20.5, 20.5, 20.7, 20.8, 20.9, 21.0, 21.0, 21.0, 21.0, 21.0, 21.5, 21.5, 21.5, 21.5, 21.6

The 8th and 9th data are: 21.0 and 21.0

Median = (21.0 + 21.0)/2

Median = 42.0/2

Median C = 21.0

Method D

Arranged Data: 20.0, 20.0, 20.0, 20.2, 20.2, 20.5, 20.5, 20.7, 20.7, 20.7, 21.0, 21.5, 21.5, 21.6, 22.1, 22.3

The 8th and 9th data are: 20.7 and 20.7

Median = (20.7+20.7)/2

Median = 41.4/2

Median D = 20.7

c.

The trimmed mean by 20% means that we'll calculate mean by removing the 20% from each of the tails.

20% of 16 = 3.2 (Approximated to 3)

So we need to remove 3 observations from both ends of the data.

Method A becomes

19.0, 22.0, 22.0, 22.5, 22.9, 24.0, 24.0, 25.0, 25.0, 25.0

Trimmed Mean A = (19.0+22.0+22.0+22.5+ 22.9+24.0+24.0+25.0+ 25.0+ 25.0)/10

Trimmed Mean A = 231.4/10

Trimmed Mean A = 23.14

Method B becomes

19.8, 20.1, 20.4, 20.4, 20.4, 20.6, 20.5, 21.2, 21.9, 22.0

Trimmed Mean B = (19.8+20.1+20.4+ 20.4+ 20.4+20.6+20.5+21.2+21.9+22.0)/10

Trimmed Mean B = 207.3/10

Trimmed Mean B = 20.73

Method C becomes

20.7, 20.8, 20.9, 21.0, 21.0, 21.0, 21.0, 21.0, 21.5, 21.5

Trimmed Mean C = (20.7+ 20.8+ 20.9+ 21.0+ 21.0+ 21.0+21.0+, 21.0+, 21.5+21.5)/10

Trimmed Mean C = 210.4/10

Trimmed Mean C = 21.04

Method D becomes

20.2, 20.2, 20.5, 20.5, 20.7, 20.7, 20.7, 21.0, 21.5, 21.5

Trimmed Mean D = (20.2+, 20.2+20.5+, 20.5+ 20.7+ 20.7+ 20.7 +, 21.0 +21.5 + 21.5)/10

Trimmed Mean D = 207.5/10

Trimmed Mean D = 20.75

7 0

2 years ago

Two businesses, rio books and devereaux holdings, collaborate to create and run a new bookselling business. what is this action

love history [14]

Partnership. They both together running the business with efforts and money so this action called partnership. Partnership action don't have to equal it can be 80%-20% or 40%-60% or anything. Not only persons have to be two it can be three or four or anything more than one.

7 0

2 years ago

Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $398,000; Costs = $298,000; Other expe

melomori [17]

Answer:

a. Operating Cash flow = 56,025

b. Cash flow to credit = 18,400

c. Cash flow to Stockholder = 5,800

d. There is no addition to Net Working capital if Fixed assets increased by $46,000.

Explanation:

a.

Operating Cash flow = Sales - Total cash Expenses

Operating Cash flow = Sales - ( Costs + Other Expenses + Interest Expense + Taxes )

Operating Cash flow = 398,000 - ( 298,000 + 7,900 + 14,200 + 21,875 )

Operating Cash flow = 398,000 - 341,975

Operating Cash flow = 56,025

b.

Cash flow to credit = Interest paid - Ending Long term debt + Beginning Long term debt

Cash flow to credit = 14,200 + 4200 + 0

Cash flow to credit = 18,400

c.

Cash flow to Stockholder = Dividend payment - New Stock Issued

Cash flow to Stockholder = 11,500 - 5,700

Cash flow to Stockholder = 5,800

d.

There is no addition to Net Working capital if Fixed assets increased by $46,000. As Fixed asset are not the part on Working capital. Working capital only account for the current assets and current liabilities.

Net Working Capital = Current Assets - Current Liabilities

Not: The requirement were missing in the question so the answer is made according to original question which is attached as a picture with this answer.

5 0

2 years ago