Explanation:
The adjusting entry is shown below:
Unearned rent revenue Dr $2,940
To rent revenue $2,940
(Being the unearned rent revenue is recorded)
The computation is shown below
= Advance payment ÷ given number of months
= $17,640 ÷ 6 months
= $2,940
This $2,940 represent the one month payment and the same is to be recorded
This is the answer and the options that are given are wrong
Answer:
c) Bob has a comparative advantage over Don in the production of pens
Explanation:
Comparative advantage is an economic term that refers to the ability of an individual, a company or a country to produce goods or services at a lower opportunity cost than others. Comparative advantage enables a party to sell its products cheaper than others.
In this scenario, Bob produces 15 pens in an hour in comparison to Don, who produces only 10. It means Bob uses a low cost of labor per pen in comparison to Don. Bob's production capacity of 15 pens also means a higher efficiency rate compared to Don. If a cost estimate were to be done, Bobs' pens would be more competitive in the market than Dons'.
If I had written your question in English, I could have helped you
Answer: False
Explanation:
It is not always more profitable to operate a full flight at a lower cost per ticket because this depends on the unique situation in question. If the tickets are so low that even with the amount of people in the airplane the company is unable to recuperate its cost, then the condition does not hold.
Meanwhile sometimes the partially full price might see the prices being paid would offset the costs of the flight which would bring profits to the company. It therefore depends on the unique situation.