Answer:
$50 or slightly less
Explanation:
If we assume that there is four persons namely E, S, A and K
The producer surplus is the surplus that shows the difference between the seller value and the seller cost
In the case when the seller bid against each other so here the producer surplus would be $100 or slightly less
Here only one person could able to send the good i.e. person E As the cost to the person would be lowered by the goods value
Therefore the option B is correct
Answer:
a. Bad Debt Expense 5100 Allowance for Doubtful Accounts 5100
Explanation:
The adjusting entry is shown below:
Bad debt expense $5,100
To Allowance for doubtful debts $5,100
(Being the bad debt expense is recorded)
The computation is shown below:
= Account receivable × estimated percentage - credit balance of allowance for doubtful debts
= $170,000 × 5% - $3,400
= $8,500 - $3,400
= $5,100
In order to recording this transaction, we debited the bad debt expense as it increases the expenses account whereas at the same time it reduces the account receivable therefore the allowance for doubtful debts is credited
Answer:
Some behaviors of viettel's customer are:-
- Complex buying behavior.
- Dissonance-reducing buying behavior.
- Habitual buying behavior.
- Variety seeking behavior.
Answer:
The existence of the secondary market makes their stock more liquid and the price in the secondary market sets the price that the corporation would receive if they choose to sell more stock in the primary market.
Explanation:
Answer:
income tax expense 18,000
Explanation:
we have to calcualte the taxable income on each bracket:
1st 20,000 tax free
$20001 to $40,000 are taxes at 20% Thus, 4,000 income tax
$40,001 to $60,000 are taxes at 30% Thus, 6,000 income tax
$60,001 to $80,000 are taxes at 40% Thus, 8,000 income tax
In total the income tax will be for $18,000
