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Hogar Banco de preguntas Ciencias económicas Archive 2025 February 12

Economics Questions from Feb 12,2025

Browse the Economics Q&A Archive for Feb 12,2025, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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On April 1, Year 2, XmasTree Express Company, purchased a new wood-cutting machine for \( \$ 56,000 \). The machine is expected to have a useful life of 10 years with an estimated salvage value of \( \$ 6,000 \). Required a. Compute the Year 2 depreciation expense related to the new machine. b. Record the journal entry for Year 2 depreciation expense. c. Use a horizontal financial statements model to show how Year 2 depreciation expense affects the balance sheet, income statement, and statement of cash flows. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the Year 2 depreciation expense related to the new machine. Depreciation expense Provious Next 21 Which of these statements about gross income and net income is true? A Gross income is a tax on all income that a worker earns, and net income is a tax paid by an employer based on a worker's wages. B Gross income is a tax paid by an employer based on a worker's wages, and net income is a tax on all income that a person earns. C Gross income is the amount an employee is paid after deductons and taxes, and net income is the total amount an employce earns before deductions are applied. D Gross income is the total amount an employee earns before deductions are applied, and net income is the amount an employce is paid after deductions and taxes. Winston Company estimates that total factory overhead for the following year will be \( \$ 1,211,100 \). The company has decided that the basis for applying factory overhead should be machine hours, which are estimated to be 36,700 hours. The actual total machine hours for the year were 54,800 hours. The actual factory overhead for the year was \( \$ 1,834,000 \). Enter the amount as a positive number. a. Determine the total factory overhead applied. Round to the nearest dollar. \( \$ \). Compute the over- or underapplied factory overhead for the year. c. Journalize the entry to transfer the over- or underapplied factory overhead to cost of goods sold. If an amount box does not require an entry, leave it blank. b. Multiple Choice a global marketing strategy in which each of the four Ps is customized for each country. is how people's wants are always greater than a. Choice b. scarcity c. cost Cavy Company completed 12,410 units during the year at a cost of \( \$ 992,800 \). The beginning finished goods inventory was 2,730 units valued at \( \$ 204,750 \). Assuming a FIFO cost flow, determine the cost of goods sold for 11,200 units. \( \$ \square \) 5- Write one way workers help take care of a park. (2-3 Sentences) Part B-Select the letter next to the best answer. 1. What is the best reason to buy needs before wants? a. to have a lot of money b. to get the things you must have c. to go to the nearest store 2. What is the best reason to save money? a. to fill a piggy bank b. to count all the pennies c. to be able to buy things later 3. resources. a. Choice b. scarcity c. cost 5. Un BOT a scadenza tra 8 mesi, di valore nominale \( 1000 € \), viene acquistato sul mercato a \( 930 € \). Tenendo conto che sul nominale, al momento della scadenza, viene applicata un'aliquota fiscale pari ad \( \alpha=1,7 \% \), qual è il rendimento netto \( r_{N} \) ? (punti4) \( \begin{array}{llll}\text { (a) } 6,29 \% & \text { (b) } 8,55 \% & \text { (c) } 7,42 \% & \text { (d) } 8,06 \%\end{array} \) 5. Un BOT a scadenza tra 8 mesi, di valore nominale \( 1000 € \), viene acquistato sul mercato a \( 930 € \). Tenendo conto che sul nominale, al momento della scadenza, viene applicata un'aliquota fiscale pari ad \( \alpha=1,7 \% \), qual è il rendimento netto \( r_{N} \) ? (punti 4) \( \begin{array}{llll}\text { (a) } 6,29 \% & \text { (b) } 8,55 \% & \text { (c) } 7,42 \% & \text { (d) } 8,06 \%\end{array} \) 5. Un BOT a scadenza tra 8 mesi, di valore nominale \( 1000 € \), viene acquistato sul mercato a \( 930 € \). Tenendo conto che sul nominale, al momento della scadenza, viene applicata un'aliquota fiscale pari ad \( \alpha=1,7 \% \), qual è il rendimento netto \( r_{N} \) ? (punti 4) \( \begin{array}{llll}\text { (a) } 6,29 \% & \text { (b) } 8,55 \% & \text { (c) } 7,42 \% & \text { (d) } 8,06 \%\end{array} \)
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