Answer:
The answer is: B) The reduction in economic surplus resulting from a market not being in competitive equilibrium.
Explanation:
Deadweight loss is an economic cost to society as a whole when market inefficiencies occur preventing it from reaching its equilibrium point. Market inefficiencies are caused by incorrect allocation of resources.
For example if a price ceiling is established, suppliers will tend to lower the quantity supplied while the quantity demanded either increases or stays the same. That economic deficiency resulting from an unsatisfied demand is what we call deadweight loss.
Other causes for deadweight loss are price floors (reduction of the quantity demanded) and taxation (shifts on the demand or supply curves).
Answer: The donor may incur a gift tax liability. Also, the cost basis will be $50 per share to the recipient of the gift.
Explanation:
From the question, we are informed that a customer owns 200 shares of ABC, that were bought 2 years ago at $50 per share and that the current market value of ABC stock is $60 per share.
If the customer gifts the stock to his son, the result is the donor may incur a gift tax liability. Also, the cost basis will be $50 per share to the recipient of the gift.
Answer:
time period
Explanation:
In accounting, the time period principle states that a firm must report its financial statements for specific periods of time. For example, the Securities and exchange Commission (SEC) requires public corporations to submit their financial reports every quarter. This is done in order for accounting periods to be comparable, e.g. comparing a quarterly report vs an annual report is not correct.
Answer:
D. define the project
Explanation:
The project is defined in the initiation phase.
The Project Initiation Phase is the 1st phase in the Project Management Life Cycle, as it involves starting up a new project. You can start a new project by defining its objectives, scope, purpose and deliverables to be produced.
Answer:
FIFO 480 euros
LIFO 400 euros
PMP 460 euros
Explanation:
Unidades disponibles:
100 existencia inicial
300 compra
FIFO
Primero se venden las unidades de existencia inicial y luego las de la compra:
100 existencia inicial y 220 de la compra.
Inventario final: 80 unidades a 6 euros cada una = 480 euros
LIFO se vende primero la compra:
300 de compra y 20 de existencia inicial
Inventario final 80 unidades a 5 euros cada una = 400 euros
Costo Promedio Ponderado:
100 unidades a 5 + 300 a 6 = 500 + 1800 = 2300 euros
400 unidades costaron 2300 euros
en promedio: 2300 / 400 = 5.75
inventario final 80 unidades a 5.75 = 460 euros
