Answer:
I'm pretty sure its 2346
Explanation:
might be wrong considering Edge loves to move answers around. <em>yes they do that....</em>
Answer:
Economists typically depict the PPF as a bowed-out curve rather than as a straight line in order to show that the opportunity cost of producing one good rises as more goods are produced. Those points lying beyond the production possibility frontier (PPF) represent results which cannot be attained with the current level of technology and resources.
Answer:
D) Yes, a valid contract was formed on July 15th when the letter of acceptance was sent.
Explanation:
Legal CONTRACT: An arrangement between two parties to provide a goods or services that is statute, written or verbal contract enforceable by law.
Basics for a valid contract: 1.Free Parties approval. 2.The legal review i.e. there must be legitimate approval
Answer:
D) The firm receives more than 70 percent of its income from rents and other passive sources.
Explanation:
Many small corporations change from C corporations to S corporations since S corporations eliminate the double taxation issues. Although S corporations have some limitations specially regarding the number of stock owners (currently limited to 100) and their nationality or legal residence status. They can only issue one type of stock which limits their ability to increase capital. S corporations cannot have more than 70 percent of their income from passive sources (this includes rent).
Budgeted direct materials quantity
4000 pounds
Actual direct materials quantity
4500 pounds
Direct materials quantity variance
4500-4000=500 pounds ( underapplied)
