The term ROP for U-Haul means Roll Over Protection which is a service that is offered for rental units of trailers.
Answer: $259000
Explanation:
Based on the information provided in the question, the amount of cash provided by operating activities that should appear on a statement of cash flows would be:
Net income = $230,000
Add: Depreciation expense = $22,000
Add: Rent = $7000
Total = $259,000
Answer:
Market failure
Explanation:
Market failure is the economic situation where goods and services are not evenly spread out on the market.
In question resources (location) is in favour of New Monopoly seaport and shipsbare forced to wait and enter the port.
Ideally, in a free market resources are to be efficiently distributed so that people do not have to go to only one place to get a good or service.
It is similar to a monopoly in the free market.
Answer:
The answer is B. $45.00 per hour; $120.00 per hour
Explanation:
highminusoutput
Fixed costs 400000/16000= $25
variable costs 320000/16000= $20
Total <u>=$45</u>
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lowminusoutput
Fixed costs 400000/4000 = $100
variable costs 80000/4000 = $20
Total =<u>$120</u>