Answer: Apply the same depreciation methods and the same useful lives among similar groups of assets
Explanation:
US GAAP for long-lived assets significantly impedes rate-of-return that is, the annual income from an investment which is being expressed as a proportion of the original investment comparisons across companies unless the firms apply the same depreciation methods and also the same useful lives are applied among identical groups of assets.
Answer:
Explanation:
a) since MR=MC, then 15-2Q=3+Q. So, the monopolist produce Q=4
price P=15-Q=10-4=6
profit=6*3-TC=18-(3+4+0.5*4^2)=3
b)since the P=6=6, domestic production will stay the same. The domestic consumption will stay the same. For Wilknam, it will import soccer balls.
c)yes, it holds that Wiknam will be an importer. Because the price for domestic production is 6 which is same as the world price 6.
d)Since the price within country is the same with price out of country, and also, MC=3+Q=7>6, Wiknam will import soccer balls. The monopolist market will become a competitive market.Even though the price won't change,the product will be of high quality and so on. The market will become more equilibrium.
Answer:
Elastic which is more than 1.
Explanation:
Price elasticity of demand is the responsive relationship of quantity demanded when compared to price. It measures how much change there would be in demand if Price were to change.
The raise in prices yielded a fall in revenue because the demand for tickets was elastic. (More than 1)
An elastic demand means that a small change in price will cause a more than proportionate change in qty demanded and hence with an increase in price, far less people purchased the ticket.
An inelastic demand however would have caused less people to give up tickets and raised overall revenues.
Hope that helps.
Answer:
Improving Reasoning Skills:
If one can improve one’s reasoning, one can perform anything.
High-performing workers are able to analyze sophisticated streams of data and solve complex problems.
Explanation:
Reasoning skills assist one to think critically, analyze complex problems, evaluate various solutions, and summarize wider issues and information. Thus enabled, the reasoning professional can help her organization to success by tackling problems and coming up with workable solutions. In today's organizations, leadership belongs to those who can distinguish themselves as problem-solvers. This is why it is important to hone one's reasoning and critical thinking skills in order to be a solution provider.
Answer:
Option B
New Credit
Explanation:
An Intended Beneficiary refers to a third-party beneficiary that will benefit from the contract between two other parties.
In this case, New Credit is the intended beneficiary. This is because the original contract is between Lyle and Miranda. However, the terms of the contract bring New Credit in to the picture, as a party who is to have some benefits accrued to him before the contract to be fulfilled.
Hence, in this case, New Credit is the intended beneficiary because he is a third party that is benefiting from the fulfillment of Lyle and Miranda's contract
