Other Economics Answers

assume C = 50 + 75Yd. Determine the value of A

In what ways can the Economics teachers be assisted to improve on their skills in continuous assessment practice with a view to enhance learners’ optimum performance?

A. Make your own Utility Schedule (with explanation)

what is economics

In what ways can the Economics teachers be assisted to improve on their skills in continuous assessment practice with a view to enhance learners’ optimum performance?

1. The equity beta of WealthCorp Ltd is 1.10, the market risk premium is expected to be 9%, and the yield on government bonds is currently 12%. WealthCorp Ltd issued bonds (R100 par value) that are currently trading at R80 and have a 5% coupon rate. The corporate tax rate is currently 25% and the maturity date of the bonds is in 10 years. Using the CAPM, calculate the cost of equity and the market’s overall expected rate of return (Rm).

The balance sheet of Starsky Company at December 31, 2019, includes the following.

Notes receivable                                            $36,000

Accounts receivable                                      182,100

Less: Allowance for doubtful accounts         17,300                        $200,800

Transactions in 2020 include the following.

1. Accounts receivable of $138,000 were collected including accounts of $60,000 on which 2% sales discounts were allowed.

2. $5,300 was received in payment of an account which was written off the books as worthless in 2019.

3. Customer accounts of $17,500 were written off during the year.

4. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of $20,000. This estimate is based on an analysis of aged accounts receivable.

Manilow Corporation operates in an industry that has a high rate of bad debts. Before any year-end adjustments, the balance in Manilow’s Accounts Receivable account was $555,000 and Allowance for Doubtful Accounts had a credit balance of $40,000. The year-end balance reported in the balance sheet for Allowance for Doubtful Accounts will be based on the aging schedule shown below.

Days Account Outstanding;   Amount;    Probability of Collection

Less than 16 days    $300,000    .98

Between 16 and 30 days  100,000   .90

Between 31 and 45 days   80,000     .85

Between 46 and 60 days   40,000   .80

Between 61 and 75 days   20,000   .55

Over 75 days (to be written off)  15,000    .00

Instructions

a. What is the appropriate balance for Allowance for Doubtful Accounts at year-end.

b. Show how accounts receivable would be presented on the balance sheet.

c. What is the dollar effect of the year-end bad debt adjustment on the before-tax income?

Who receives tax from the employees?

Who provide labour to government?

Who sell goods and services to other participants?

suppose that the demand curve facing OPEC is given by P=120-2Q and that each members cost of producing oil is AC=MC=$20.Find the cartels profit maximizing total output and price. Of instead of keeping to this output, all members overproduced their quotas by 20 percent,what would be the effect on OPEC's total profit?