In Example 2.8. we examined the effect of a 20-percent decline in copper demand on the price of copper using the linear supply and demand curves developed in Section 2.6 Suppose the long-run price elasticity of copper demand were -0.80 instead of -0,50 Assuming, as before, that the equilibrium price and quantity are P* = $3 per pound and Q* = 18 million metric tons per year, derive the linear demand curve consistent with the smaller elasticity with a long-run price elasticity of - 0.80, the linear demand curve is DA Q-32.40 + 480P B. Q = 34 40 +5.80P C Q34.40 - 4.80P D. Q 32.40 -5.80P EQ-32.40 -4.80P Using the demand curve, calculate the effect of a 25 percent increase in copper demand on the price of copper Recall that the supply equation is Q = -6+9P As a result of this change in demand, the price of copper will by s (Enter your response rounded to two decimal places) ge

Answers

Answer 1

The linear demand curve consistent with the smaller elasticity with a long-run price elasticity of - 0.80 is DA Q-32.40 + 480P. The demand curve equation is:
Q = - (E/100) Q/ (P/100)Q = - ( - 0.8/100) Q/ (P/100)Q = 0.008Q/P => Q = 125P

Using P* = $3 per pound and Q* = 18 million metric tons per year in the demand equation,

3 = 125P/1

=> P = 3/125 million => P = $0.024 per pound

Q = 0.008Q/0.024 => Q = 333.33 million metric tons per year

So, the linear demand curve is: Q = 34.4 - 4.8P

When the demand for copper rises by 25 percent:

New demand = 18 million metric tons per year + (25/100) * 18 million metric tons per year

= 22.5 million metric tons per year

When Q = 22.5 million metric tons per year, the demand curve is Q = 34.4 - 4.8P

22.5 = 34.4 - 4.8P

=> 4.8P = 34.4 - 22.5

=> P = 2.73 dollars per pound

So, the price of copper will increase by s 0.73 dollars per pound. Answer: $0.73 per pound.

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Related Questions

Heidi purchases an original work by one of her favorite sculptors

from an art dealer for $8,000. When the sculpture arrives, Heidi determines that she no longer likes it and refuses delivery.

What remedy does Heidi have in this scenario?

a) As long as Heidi notifies the seller that she is refusing delivery, she is entitled to recover the $8,000 that she paid for the sculpture.

b) Heidi may cancel the contract, upon which time she is excused from any further performance.

c) Heidi has no recourse, because the seller is not in breach of contract and Heidi did not rightfully refuse delivery.

d) Heidi is entitled to a refund of the $8,000 that she paid for the sculpture as well as the shipping costs associated with returning it, regardless of whether or not she notifies the seller of her refusal to accept delivery

Answers

The correct remedy that Heidi has in this scenario is Heidi is entitled to a refund of the $8,000 that she paid for the sculpture as well as the shipping costs associated with returning it, regardless of whether or not she notifies the seller of her refusal to accept delivery. The correct option is D.

Under the Uniform Commercial Code (UCC), which governs contracts for the sale of goods, a buyer has the right to reject goods that do not conform to the contract, including goods that are damaged or not as described. In this case, since Heidi determined that she no longer liked the sculpture upon its arrival, she has the right to reject it.

As a result, Heidi is entitled to a refund of the purchase price as well as any shipping costs associated with returning the sculpture, regardless of whether or not she notifies the seller of her refusal to accept delivery. This is because under the UCC, the seller has a duty to refund the purchase price and cover any expenses incurred as a result of the buyer's rejection of the goods.

The correct option is D.

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PLEASE HELP!!! Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representative for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials orde

Answers

Answer:

the question is incomplete, the last part is missing:

Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?

First of all we have to understand what a biotechnologist does. A biotechnologist studies the cells, tissues and other parts of living organisms  (similar to a biologist) but their purpose is to develop new processes, procedures or technologies that can be used by humans to make a profit. Biotechnologists develop products like herbicides for agriculture, or new drugs for pharmaceutical companies, etc.

A biologist would probably side with Rochelle and the rest of the fishermen, but a biotechnologist would probably side with Lionel and the oil company. Biotechnologists' work is based on developing new technologies from living organisms that can be used by companies to make a profit

Which of the following statements is NOT true about the price system? a) Individuals have freedom to purchase what they want. b) The price system allows for econamic effidlency. c) The price system allows resources to flow from low-valued uses to high-valued uses. d) Firms have total control over what consumers can buy.

Answers

Answer: d) Firms have total control over what consumers can buy.

Explanation:

The statement that firms have total control over what consumers can buy is NOT true about the price system. In a market economy driven by the price system, consumers have the freedom to make their own purchasing decisions based on their preferences and the prices determined by the market. Firms, on the other hand, respond to consumer demand and compete with each other to offer products and services that meet consumers' needs and preferences. The price system allows for economic efficiency by providing information about the relative scarcity and value of goods and services, facilitating the allocation of resources from lower-valued uses to higher-valued uses. It empowers individuals to make choices, promotes competition, and encourages innovation and efficiency in the economy.

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3.6.2 Teut (COT): The Pret la foi
Question 1 of 25
2 Points
Which of the following has the lowest housing prices and the smallest
population density?
O A. Inner-city neighborhoods
B. Rural areas
O C. Suburban developments
O D. High-rise apartments

Answers

The correct answer is B. Rural areas

Explanation:

High population densities, as well as high housing prices, are mainly found in cities or nearby areas as most jobs and industries are located in these areas. This increases not only the number of people that live in these zones but also the price of housing as the prices of properties are higher due to a higher demand. This means, zones such as inner-city neighborhoods, suburbs, and similar are highly populated and the house prices are high.

On the other hand, nowadays rural areas have a small population density because most people are not interested in living in rural areas as it would take more time to get to cities where jobs and major industries are. Similarly, the housing prices are lower because the demand or number of people interested in buying properties is lower, which makes general housing prices lower.

what is it called when you earn interest on both the money you deposit, plus any interest you earned previously?

Answers

Answer:

Compound interest

Explanation:

You earn interest on your interest, depending on how often it compounds.

Two reasons why it is important for a chocolate manufacturing company(or any company) to develop new products?

Answers

Two offer more product
I don’t know ................

gary (principal) hires dawn (agent) to sell his house. every time dawn tries to bring a potential buyer to see gary's house, he asks her to reschedule for another day. dawn suspects that gary does not actually want to sell his house. is gary in breach of his duty? yes, because he has a responsibility to not interfere with dawn's task. yes, because he failed to warn dawn of the potential for pecuniary loss. no, because principals have no duties toward their agents. no, because gary does not have a fiduciary duty to dawn.

Answers

Based on the fact that gary (principal) hires dawn (agent) to sell his house. every time dawn tries to bring a potential buyer to see gary's house, he asks her to reschedule for another day. the suspicion that the agent does not want to sell the house is not in breach of his duty because no, because gary does not have a fiduciary duty to dawn.

Who is a Realtor or House Agent?

This refers to the term that is used to describe and define the person who represents buyers or sellers of real estate or other real property is known as a real estate agent or broker. Although a broker may work alone, an agent typically assists a licensed broker in representing clients.

Hence, it can be seen that based on the given scenario, it can be clearly seen that Gary does not have a fiduciary duty to dawn and as such, his reschedulements are in NO BREACH of duty.

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A zero-coupon bond with face value $1,000 and maturity of six years sells for $745.22. a. What is its yield to maturity? (Round your answer to 2 decimal places.) Yield to maturity % b. What will the yield to maturity be if the price falls to $729? (Round your answer to 2 decimal places.) Yield to maturity % A coupon bond paying semiannual interest is reported as having an ask price of 121% of its $1,000 par value. If the last interest payment was made one month ago and the coupon rate is 7%, what is the invoice price of the bond? Assume that the month has 30 days. (Do not round intermediate calculations. Round your answer to 2 decimal places.) You buy a ten-year bond that has a 7.50% current yield and a 7.50% coupon (paid annually). In one year, promised yields to maturity have risen to 8.50%. What is your holding-period return? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Holding-period return %

Answers

The holding-period return for the ten-year bond is 7%.

To calculate the yield to maturity of the zero-coupon bond, we can use the formula:

Yield to maturity = ((Face value / Price) ^ (1 / Number of years)) - 1

In this case, the face value is $1,000, the price is $745.22, and the number of years is 6. Plugging in these values into the formula:

Yield to maturity = (($1,000 / $745.22) ^ (1 / 6)) - 1 ≈ 0.0646 or 6.46%

Therefore, the yield to maturity of the zero-coupon bond is approximately 6.46%.

b. To calculate the yield to maturity if the price falls to $729, we can use the same formula as above:

Yield to maturity = ((Face value / Price) ^ (1 / Number of years)) - 1

In this case, the face value is $1,000 and the price is $729. Plugging in these values into the formula:

Yield to maturity = (($1,000 / $729) ^ (1 / 6)) - 1 ≈ 0.0825 or 8.25%

Therefore, if the price falls to $729, the yield to maturity of the zero-coupon bond would be approximately 8.25%.

c. To calculate the invoice price of the coupon bond, we need to consider the accrued interest since the last interest payment. Since one month has passed since the last payment and the coupon rate is 7%, the accrued interest can be calculated as follows:

Accrued interest = (Coupon rate / Number of days in a year) * Number of days since last payment

In this case, the coupon rate is 7% and the number of days since the last payment is 30. Plugging in these values:

Accrued interest = (0.07 / 365) * 30 ≈ 0.00575 or 0.575%

The invoice price is calculated by adding the accrued interest to the ask price:

Invoice price = Ask price + Accrued interest = 1.21 * $1,000 + 0.575 ≈ $1,210.58

Therefore, the invoice price of the bond is approximately $1,210.58.

d. The holding-period return can be calculated using the formula:

Holding-period return = (Coupon payment + (Face value - Purchase price) / Purchase price) * 100

In this case, the coupon payment is 7% of the face value ($1,000), the purchase price is the face value ($1,000), and the promised yield to maturity after one year is 8.50%. Plugging in these values into the formula:

Holding-period return = (0.07 + ($1,000 - $1,000) / $1,000) * 100 = 7%

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A manufacturing plant located by a busy highway uses and stores highly volatile explosives. The owner of the plant has imposed strict safety measures to prevent an explosion at the plant. During an unusually heavy windstorm, a large tile was blown off the roof of the plant and crashed into the windshield of a passing car, damaging it. The driver of the car brought a strict liability action against the owner of the plant to recover for the damage to the car’s windshield. Is the driver likely to prevail?

Answers

Answer: No, because the damage to the windshield did not result from the abnormally dangerous aspect of the plant’s activity.

Explanation:

Based on the information given in the question, the driver will not prevail. This is because the damage to the windshield did not result from the abnormally dangerous aspect of the plant’s activity.

In this case, the owner of the plant has imposed strict safety measures to prevent an explosion at the plant and the damage of the windshield of the car was due to heavy windstorm and not from the plants activities.

as consumer demand for new cars increases, tire makers and steel and aluminum suppliers may experience an increase in demand for their products, which is an example of:

Answers

The increase in demand for tire makers, steel and aluminium suppliers is an example of derived demand.

Derived demand is the demand for a good or service as a result of an increase in the demand for another good or service. Labour and raw materials usually have a derived demand.

As the demand for new cars increase, car makers would want to produce more cars in order to meet the increased demand. This would lead to an increase in the raw materials and labour that is needed to make more cars. On the other hand, if there is a decrease in the demand for new cars, there would also be a decrease in the demand for the raw materials and labour that is needed to make more cars.

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profit is the only
Organizational objectives of the business.Do you agree

Answers

Explanation:

I agree because without profit what's the use of the business

a c corporation earns $8.30 per share before taxes. the corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the personal tax rate on non-dividend income is 36%. what is the total amount of taxes paid if the company pays a $6.00 dividend?

Answers

The total amount of taxes paid can be calculated as follows:

Calculate the corporate income tax by multiplying the corporate tax rate by the earnings per share: $8.30 x 39% = $3.22Subtract the corporate income tax from the earnings per share to find the after-tax earnings: $8.30 - $3.22 = $5.08Calculate the personal income tax on the dividend by multiplying the dividend by the personal tax rate on dividends: $6.00 x 15% = $0.90Subtract the personal income tax on the dividend from the dividend to find the after-tax dividend: $6.00 - $0.90 = $5.10Calculate the non-dividend income by subtracting the dividend from the after-tax earnings: $5.08 - $5.10 = -$0.02Calculate the personal income tax on non-dividend income by multiplying the non-dividend income by the personal tax rate on non-dividend income: -$0.02 x 36% = $0.07

So, The total amount of taxes paid is $3.22 + $0.90 + $0.07 = $4.19

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24. The company is considering two independent projects with an initial cost of $18,000 each. The cash inflows of Project A are $3,000, $7,000, and $10,000 for Years 1 to 3, respectively. The cash inflows for Project B are $3,000, $7,000, and $15,000 for Years 1 to 3, respectively. The required return is 12 percent and the cutoff discounted payback period is 3 years. Based on discounted payback, which project(s), if either, should be accepted

Answers

Answer: Project B

Explanation:

To find out the project that should be accepted based on the discount rate and the cut-off discounted payback periods, find the present value of the three year cashflows of each project. If it is larger than the initial investment then it should be accepted:

Project A

= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 10,000 / (1 + 12%)³

= $15,376.73

Project A's present value is less than the initial investment of $18,000 so it should not be chosen.

Project B

=  3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 15,000 / (1 + 12%)³

= $18,935.63

Project B's present value is larger than the initial investment of $18,000 so it should be chosen.

PLLZZ HELLLP DUE IN 1 MINNNN
Which list of integers is in order from least to
greatest?
A -42, -39, -4, 40, 41
B -42, 41, 40, -39, -4
C -4, -39, 40, 41, -42
D 41, 40, -4, -39, -42

Feel it all so certainly
I can't stop now, I'm in too deep
And I overtake my senses
And I'll never be in jeopardy
(wave lyrics)

Answers

Answer:

A is the correct answer I think hope this helps

Answer:

A

Explanation:

When the lights dim

And we conquer

You start to feel the pull

I can't help but (help but)

Scream out (scream out)

We're unstoppable

Like a wave

Like a wave (Riding on that energy)

Like a wave (Sifting through the memories)

Like a wave

Riding on that energy

Soaking through the memories

I can't hold back

I'm riding on that energy

Ignite the electricity

Cause you haven't seen the last of me

I'm more than just a memory

Push has just begun to pull

I-I-I can't help but (help but)

Scream out (scream out)

We're unstoppable

Like a wave

Like a wave (Riding on that energy)

Like a wave (Sifting through the memories)

Like a wave

Riding on that energy

Soaking through the memories

I can't hold back

Like a wave

Like a wave (Riding on that energy)

Like a wave (Sifting through the memories)

Like a wave

(I can't hold back)

Like a wave (Riding on that energy)

Like a wave (Sifting through the memories)

I can't hold back

Aaron has an option to choose from four forms of​ employment: full-time,​ part-time, contractor or​ self-employed. The opportunity cost of working hours for aaron is​ $10/hour. Aaron receives travel allowances depending on his employment​ choice, which reduces his travel cost accordingly

Answers

Aaron have four different options of employment and he should consider the one that increases his wealth the most.

What is employment?

Employment is the work that an individual does to earn income, there are four different options for employment and an individual can consider them.

Full time employment means that the employee will be working one complete job that is an 8 hour job.

Part time means that the employee works for few hours of the 8 hour.

Contractor means the employment is contingent on the order of work and the employee will be called if any work is available.

Self employed means that the employee works when a person contracts the customer directly.

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The missing part of the question is:  Explain the employment types.

two ways in which young entrepreneurs can benefit from the National Youth Development Agency​

Answers

South Africa's National Youth Development Agency has launched the Ithubalentsha Micro Enterprise Programme, which will provide young aspirant and established entrepreneurs with training, mentorship, micro-enterprise finance, market linkages and access to business opportunities.

what is the lighting demand load (before derating) for a house with outside dimensions of 30 ft x 48 ft on the first floor and 22 ft x 42 ft on the second floor

Answers

The lighting for the entire house would be approximately 2,880 watts (2,880 sq ft x 1 watt/sq ft).

The lighting demand load for a house is the amount of electrical power required to provide adequate lighting for the various areas within the house. The calculation of the lighting demand load involves determining the number of light fixtures required, their wattage, and the hours of operation.

In order to determine the lighting demand load (before derating) for a house with outside dimensions of 30 ft x 48 ft on the first floor and 22 ft x 42 ft on the second floor, we need to consider the different areas of the house and the lighting requirements for each area.

Assuming a standard height of 8 feet for both floors, the total area of the house would be approximately 2,880 square feet (30 ft x 48 ft on the first floor = 1,440 sq ft + 22 ft x 42 ft on the second floor = 1,440 sq ft).

For general lighting purposes, a minimum of 1 watt per square foot is usually recommended. Therefore, the lighting demand load for the entire house would be approximately 2,880 watts.

However, it's important to note that the actual lighting demand load may vary depending on the specific lighting needs and preferences of the occupants. For example, some areas may require more lighting than others, and there may be additional lighting requirements for specific tasks or activities.

Additionally, it's important to factor in derating - which is the reduction in the maximum capacity of a circuit due to factors such as ambient temperature, conductor size, and other conditions. The derating factor will depend on the specific installation and wiring conditions, and should be determined in accordance with the applicable electrical codes and standards.

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NEED HELP ASAP PLEASE
please define these words for me

-Right to Redress

-Secure Credit

-Unsecure Credit

-Collateral

-Principal

-Mortgage

-Insurance

HURRY PLEASE

Answers

I think is a carrot
-beetle juice

What would you do if your friend is failing the class?

Answers

Answer:

Help them study and help them write an email to the teacher to ssee if there was anything they can do to raise their grade

Explanation:

Answer:

Help them with there work so they can get better grades.

Explanation:

You are a nice friend.

last year a government official proposed that gasoline price controls be imposed to protect the poor from rising gasoline prices. what problem is likely to result from this proposal? explain.

Answers

Many believe that oil company greed is the root of the problem and that price limits enforced by the government will solve it.However, limiting the price of gasoline is a horrible idea.They would harm both consumers and producers by causing shortages and lines.

what problem is likely to result from this proposal? All American drivers are being impacted by the high cost of gas, but low-income households suffer the most.This is because, in comparison to homes with higher incomes, low-income households allocate a larger portion of their budgets to transportation expenses and other necessities like food and electricity. Price limitations have a wide range of negative consequences.By causing shortages, they frequently make consumers wait in line, they frequently cause the quality of goods whose prices are controlled to decline, and they might result in supplier bias.Until the price limitations are lifted, all of those consequences continue. In an effort to slow the rate of inflation, price controls can also be employed to cap price rises.Maximum prices have the potential to lower the cost of food and make it more affordable, but they also carry the risk of reducing supply and creating a scarcity.The price manufacturers get may rise with minimum prices.

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what is one way a scrum master can gain the confidence of a stakeholder?

Answers

One way a Scrum Master can gain the confidence of a stakeholder is by consistently demonstrating their knowledge and understanding of the project goals, timeline, and deliverables.

This can be achieved through regular communication with the stakeholder, providing updates on the project progress, and addressing any concerns or questions they may have in a timely and effective manner. Additionally, the Scrum Master can build trust by fostering a collaborative and transparent work environment, where stakeholders feel included and valued in the decision-making process.

By taking a proactive and responsive approach to stakeholder management, the Scrum Master can establish themselves as a reliable and trusted partner in the project. One way a Scrum Master can gain the confidence of a stakeholder is by ensuring transparency and effective communication throughout the project lifecycle.
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Which of the following circumstances would result in a deferred tax asset for the current year?
A.Non-cash revenues that are recognized in book income this year and taxable next year.
B.Non-cash revenues that are recognized in book income this year but are not subject to taxation.
C.Non-cash expenses that are recognized in book income this year and deductible next year.
D.Non-cash expenses that are deductible this year and recognized in book income next year.

Answers

The circumstance that would result in a deferred tax asset for the current year is option C) Non-cash expenses that are recognized in book income this year and deductible next year. Here's a step-by-step explanation:

A deferred tax asset is created when there is a difference between the timing of recognizing an expense or revenue for accounting purposes (book income) and the timing of recognizing it for tax purposes.

In option C, non-cash expenses are recognized in book income in the current year but will be deductible for tax purposes in the following year. This creates a temporary difference between book income and taxable income.

This temporary difference allows for the creation of a deferred tax asset. The deferred tax asset represents a future tax benefit that the company can use to reduce its taxable income in future periods.

The deferred tax asset is recognized on the balance sheet as an asset, representing the expected tax savings that the company will realize in the future.

The company can use the deferred tax asset to offset future tax liabilities, resulting in a lower tax expense in future years.

It's important to note that options A, B, and D do not create a deferred tax asset. Option A describes non-cash revenues that will be taxable in the future, which does not result in a deferred tax asset. Option B describes non-cash revenues that are not subject to taxation, so there is no tax benefit to be deferred. Option D describes non-cash expenses that are deductible in the current year but will be recognized in book income in the following year, which does not create a deferred tax asset.

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in institutional management , the function of budgeting is

Answers

In institutional management, the function of budgeting is to estimate the financial consequences of the plan on business and control spending.

What is Budget?

A budget refers to making financial planning for the expenses that are going to occur and controlling the spending of an individual. The budget gives an estimate of the expenses.

The planning process has a few drawbacks: it seems expensive, which affects the organization's budget; it also seems resistant to change, which is very difficult. The budget is useful for keeping an eye on the basics and common expenses.

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QUESTION 12 SL Green Realty is the primary developer of
commercial real estate in Hudson Yards.
True False

Answers

SL Green Realty is one of the leading real estate developers in New York City, with over $65 billion in assets. The firm has a substantial CC of office properties in Midtown Manhattan and other areas of the city, including several high-profile developments in Hudson Yards, one of the city's most vibrant new neighborhoods.

SL Green Realty is one of the leading real estate developers in New York City, with over $65 billion in assets. The firm has a substantial portfolio of office properties in Midtown Manhattan and other areas of the city, including several high-profile developments in Hudson Yards, one of the city's most vibrant new neighborhoods. In 2008, SL Green formed a joint venture with The Moinian Group to develop a 65-story office tower at 3 Hudson Boulevard. The project is the first building to be constructed on the western end of the Hudson Yards site and will provide 1.8 million square feet of Class A office space.

In addition to its development activities in Hudson Yards, SL Green is a major owner and operator of office buildings in Midtown Manhattan, where it owns over 26 million square feet of space. The firm is also involved in a variety of other real estate-related businesses, including property management, leasing, and financing. In conclusion, the given statement "True" is correct as SL Green Realty is one of the primary developers of commercial real estate in Hudson Yards.

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The President of the Mount Pleasant Student Council met with the
members and planned a fund-raising fair. In order for this occasion to
materialize successfully the President has given the Vice-President and
Committee Chairman special duties to perform. This procedure is referred
to as
O delegating
O directing
o controlling
Omotivating​

Answers

Answer:

Directing

Explanation:

Directing is the function of managers or the authority to issue instructions and guidance to subordinates and oversee their implementation.  The management guides and inspires the other members towards achieving the set organizational goals. Directing is providing leadership to junior members of the organization.

The President of the Mount Pleasant Student Council is directing the members to ensure a successful event.

which statement best explains the relationship between points A and B?

which statement best explains the relationship between points A and B?

Answers

It’s b because u can tell it is

Given below are lease terms at the local dealership. What is the total cash
due at signing?
Terms:
• Length of lease = 24 months
• MSRP of the car = $17,500
• Purchase value of the car after lease = $9900
• Down payment = $2400
• Monthly payment = $425
• Security deposit = $375
• Acquisition fee = $500

Answers

Answer:

$3700

Explanation:

The items that have to be paid for at the signing include

1. The deposit:             $,2,400.00

2. Monthly payments :    $425.00

3. Security deposit:          $375.00

4.  Acquisition fee:         $ 500.00

     Total due                   $3,700.00

Answer:

$3700

Explanation:

Took the test, this is the correct answer.

Last year Attic charged $2,800,000 Depreciation on the Income Statement of Andrews. If early this year Attic purchased a new depreciable asset, the effect on Andrews's financial statements would be (all other items remaining equal):

Select 1:

Increase Net Cash from operations
Just impact the Balance Sheet
No impact on Net Cash from operations
Decrease Net Cash from operations on the Cash Flow Statement

Answers

The effect on Andrews's financial statements would be "No impact on Net Cash from operations." When a new depreciable asset is purchased, it does not directly impact the net cash from operations on the Cash Flow Statement.

Depreciation is a non-cash expense that reflects the allocation of the cost of a long-term asset over its useful life. It is recorded on the Income Statement to account for the wear and tear or obsolescence of the asset. Since depreciation is a non-cash expense, it does not affect the cash flow from operating activities.

The purchase of a new depreciable asset would impact the Balance Sheet by increasing the value of the asset and simultaneously increasing the accumulated depreciation account. The net impact on the Balance Sheet is zero because the increase in the asset's value is offset by the increase in accumulated depreciation.

The purchase of a new depreciable asset by Attic would not have an impact on net cash from operations on Andrews's financial statements. It would only affect the Balance Sheet by increasing the value of the asset and accumulated depreciation.

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1. what did you learn, because of reading this book, about los angeles histories that you did not know before? (this is a reflection and does not require you to include quotations from the textbook).

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After reading a book on Los Angeles history, one might learn about the city's diverse cultural influences, such as the Spanish, Mexican, and Native American backgrounds.

The development of the entertainment industry, including the growth of Hollywood, can be another interesting aspect to discover. Furthermore, the book might also shed light on significant historical events, such as the construction of railroads, the 1932 and 1984 Olympic Games, and the infamous 1965 Watts Riots. These insights contribute to a deeper understanding of Los Angeles' rich history and how it has shaped the city's unique identity today.

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in an open-item accounts receivable system, customer statements display invoices (new or settled in the current period), along with payment details. group of answer choices true false

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Accounts receivable with open entries in client statements shows checks( new or paid in the current period) with payment details. It's true.

Each sale or other contact between a company and a client has its own entry in the current account system. Open particulars are particulars that haven't yet been settled.

The Accounts Receivable operation element stores and manages counting data for all customers. Open positions of active accounts are also appertained to as open client positions.

Accounts Receivable system helps you keep track of checks transferred, payments entered, and guests who may be before on their checks. The system also has styles to target guests or guests who haven't paid their bills on time.

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