Questions
Milea Inc. experienced the following events in Year 1, its first year of operations: Received $16,500...

Milea Inc. experienced the following events in Year 1, its first year of operations:

  1. Received $16,500 cash from the issue of common stock.
  2. Performed services on account for $45,000.
  3. Paid the utility expense of $1,250.
  4. Collected $32,410 of the accounts receivable.
  5. Recorded $7,750 of accrued salaries at the end of the year.
  6. Paid a $1,350 cash dividend to the stockholders.

Prepare the statement of changes in stockholders’ equity.

Prepare the balance sheet.
   Prepare the balance sheet.
  

In: Accounting

Determine whether each of the following would cause a shift of the aggregate demand curve, a...

Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, a shift in neither curve, or a shift in both curves. If a shift is caused, indicate which curve shifts, and in which direction it shifts. What happens to aggregate output and the price level in each case?

1] The price level changes.

2] Consumer confidence increases.

3] The supply of resources decreases.

4] The wage rate decreases.

In: Economics

All of the following statements concerning deferred income taxes are true except: Group of answer choices...

All of the following statements concerning deferred income taxes are true except:

Group of answer choices

A) Differences in income calculated for financial reporting purposes and for tax reporting purposes are largely a result of the different goals of the two systems.

B) Current and deferred tax liabilities are based on current tax rates and should not give consideration to changes in enacted tax rates.

C) Temporary differences in financial reporting and tax reporting result in deferred taxes.

In: Finance

Use either a shift in demand of supply to GRAPHICALLY represent each of the following situations....

  1. Use either a shift in demand of supply to GRAPHICALLY represent each of the following situations. Also, label the graphs correctly and indicate the changes in equilibrium in each case.
  1. Beef market:  Increases in the cost of cattle feed.
  2. Air travel market: Reduced number of travelers due to Covid-19 pandemic.
  3. SUV market: Reduced gasoline prices.
  4. Smartphone market: Technology improvements reduced the cost of manufacturing smartphones.

Four separate graphs please.

In: Economics

List possible causes of CCD that Mark, Dave, and Tanya were discussing and briefly describe how...

  1. List possible causes of CCD that Mark, Dave, and Tanya were discussing and briefly describe how each can contribute to honeybee health:

a.

b.

c.

d.

e.

f.

  1. Do you think genetically modified (GM) crops could contribute to symptoms of CCD? Explain.
  2. What changes in agricultural practices could improve the environments of the honeybees?
  3. What actions could the general population take to support the health of honeybees and other pollinators?

In: Biology

Macroeconomics True or False questions. ( ) 21. The price change is not related to unemployment.....

Macroeconomics True or False questions.

( ) 21. The price change is not related to unemployment..

( ) 22. The growth of per capita GDP is not related to immigration.

( ) 23. Persons of not-in-labor force are not related to employment ratio.

( ) 24. Natural unemployment rate is related to cyclical unemployment rate.

( ) 25. The spending GDP is the income GDP in its scope.

( ) 26. GDP deflator measures the price changes from the base year .

( ) 27. Efficiency wage results in labor shortage.

In: Economics

Suppose that the USDA expects that 53.3 billion bushels of soybeans will be produced this year...

Suppose that the USDA expects that 53.3 billion bushels of soybeans will be produced this year at a price of $8.50/bushel. Assume that the elasticity of supply is 0.3 and that the elasticity of demand is -0.2 (both very inelastic).

1. Derive the linear supply and demand curves for this equilibrium.

2. What quota is required to increase the soybean price to $9.25/bushel? And what is the economic cost of this solution (i.e., what is the change in producer surplus and change in consumer surplus, and what is the sum of these changes)?

In: Economics

Hoover Corporation purchased equipment on January 1, 2019, for $610,000. In 2019 and 2020, Hoover depreciated...

Hoover Corporation purchased equipment on January 1, 2019, for $610,000. In 2019 and 2020, Hoover depreciated the asset on a straight-line basis with an estimated useful life of 8 years and a $10,000 residual valie. In 2021, due to changes in technology, Hoover revised the useful life to a total of four years with no residual value. What depreciation would Hoover record for the year 2021 on this equipment?

a) $98,641

b) 230,000

c)100,000

d)72,000

In: Accounting

Genome sequences are useful to search DNA databases. Proteomics on the other hand is searchable protein...

Genome sequences are useful to search DNA databases. Proteomics on the other hand is searchable protein sequence data that allows for comparison within and between species. However, protein expression by an organism changes during growth, disease, and the death of cells and tissues. Compare DNA genome and proteome analysis as resources to understand gene regulation. What comparisons can be made to understand gene expression and protein synthesis at various stages of an organisms life cycle?

In: Biology

Give an hypothetical numerical example to show the relationship between the marginal propensity to consume (MPC)...

Give an hypothetical numerical example to show the relationship between the marginal propensity to consume (MPC) and the multiplier (m)? How do you conclude the relationship between these two? b. Considering both the Keynesian and the aggregate demand-supply frameworks, if households as a group experience an increase in wealth at a given price level, what happen to total expenditure (TE), aggregate demand (AD) and Real GDP. Illustrate and explain the changes using a suitable graph.

In: Economics