Answer: more; externality; market power.
Explanation:
Bakers are much (more) likely to supply pastries to the market if property rights are not enforced.
a. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream. - Externality
Externality, refers to the benefit s or costs that someone else incurs based on the economic decision of another person. In this case, this is a negative externality as the small town bears the cost of the production activities of the company.
b. A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity - Market power
Market power is when a firm is able to dictate the price and can then raise the price. This brings about the reduction in output as well. Since the single public utilities company is responsible for supplying electricity for an entire state, the company is enjoying monopoly power or market power.
Answer:
1.Dr Cash 25,000
Cr Sales revenue 25,000
2. Dr Warranty expense 2,500
Cr Warranty liability 2,500
3.Journal entry for actual warranty expense
Dr Warranty liability 500
Cr Cash 500
Explanation:
Preparation of Dynamo's journal entries related to the sales and warranty in Year 1.
1.Dr Cash 25,000
Cr Sales revenue 25,000
(50*500)
2. Dr Warranty expense 2,500
Cr Warranty liability 2,500
3. Dr Warranty liability 500
Cr Cash 500
Answer:
Make your questions objective and friendly.
Explanation:
An interview is an essential step in the process of selecting a candidate to fill a position in a company.
Through the interview, verbal and non-verbal data are collected that will help in the relationship between the profile of the interviewed candidate and the profile expected to fill the vacancy.
It is important that the interviewer uses some techniques to make the interview flow effectively, the first of which is to maintain a friendly posture, as it is common for candidates for an interview to feel intimidated or anxious due to the selection process.
It is also essential that the questions are objective and honest, so that there is a correct understanding and the candidate can answer correctly and effectively.
And the interview should be a step that does not cause intimidation and lack of ethics on both sides, it is ideal that the candidate feels motivated to ask relevant questions to answer their doubts, and that the interviewer conducts the interview schedule in an effective way.
Answer:
c. Parent company total assets equals consolidated total assets
Explanation:
- The equity method is a process of treating investment in an associated companies and is usually applied where the investor holds about 50% of the companies stocks and this has a significant influence in the later management.
- They are recorded in the balance sheets and are associated with the companies net incomes and investments. If 80% of the investment is accounted for the subsidiary then the parent company total assess will not be equal o the total assets as it involves taxes.
Answer: operating budget
Explanation:
In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.
The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.
