Answer:
d) $2,377 millions.
Explanation:
Total of Assets comprises the sum of Current Assets and Non Current Assets. Current Assets are assets of a short term nature not exceeding 12 months and Non - Current Assets are assets of a long term nature, exceeding 12 months.
In the Balance Sheet, some assets are presented at their net amounts. Property Plant and Equipment is presented net of accumulated depreciation. Trade Receivables are presented net of allowances for uncollectable amounts.
Therefore,
Total Assets Calculation :
$ millions
Accounts receivable-trade 699
Building and equipment 930
Cash-checking 40
Interest receivable 34
Inventory 25
Land 166
Notes receivable (long-term) 484
Petty cash fund 7
Prepaid rent 28
Supplies 8
Trademark 49
Accumulated depreciation (75)
Allowance for uncollectible accounts (18)
Total Assets 2,377
Answer:
$486,000
Explanation:
According to the scenario, computation of the given data are as follow:-
Budgeted Cash Disbursements for August
Particular Amount ($)
Direct material purchase for July ($210,000 × 30%) 63,000
Direct material purchase for August ($390,000 × 70%) 273,000
Add-wages paid 50,000
Add: Office equipment purchase 62,000
Add: Selling and administrative expenses 38,000
Total 486,000
The depreciation is a non cash expense and the same is not relevant. Hence, ignored it
In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as the output effect is larger than the price effect. An oligopoly happens when there is limited competition because there are only a small number of producers or sellers in the market. Due to limited competition there is no need for most of these businesses to produce more unless the output is going to produce more and become sustainable for their consumers demand.
Answer:
1- A, B and D
Explanation:
An effective biology technician must have a set of analytical skills, attention to detail and critical thinking.
These are the important characteristics for this function, as a biology technician will handle several types of research and experiments, which characterizes that analytical skills will be necessary for data analysis and interpretation of results. Attention to detail is also necessary, as a biology technician will have as one of his activities to prepare biological samples, such as blood and food samples, for laboratory analysis, which requires maximum attention to details so as not to compromise results.
And finally, the critical thinking skills form the set of skills necessary to be a good technician in biology, since critical thinking makes the professional know how to develop a logical thinking, necessary to select the samples used in experiments and other analyzes.
Answer:
The correct answer is option d.
Explanation:
Monopolistic competition is the market where there is a large number of firms producing differentiated products. The firms are price makers and face a downward sloping curve. There is very low or no barriers to entry and exit.
A perfect competition has a large number of firms producing identical products. These firms are price takers and face a horizontal line demand curve. There are very low or no barriers to entry and exit.
The firms in both market forms are trying to maximize profits. The market demand curve is also downward sloping in both. But the monopolistic competition produces differentiated products and firms are price makers.
