The answer is higher education.
Answer:
A. A commercial bank
Explanation:
Commercial banks are financial institutions accept deposits and provide security and convenience to their customers. They also provide loans to individuals and businesses. Commercial bank is a place where people do most of their banking. The main method in which commercial banks earn money is through the provision of loan. They earn money from these loans through what is known as interest. In this case, Miranda needs s loan for her business in order to buy a new truck. The commercial bank is a place she can get a loan in that context.
Answer:
Thus to maximize profit, Santora Company should manufacture Bread machine only.
The unit of Bread machine can be produced in 2,000 machine hours is 8,000 units
Explanation:
The profit for Toaster Ovens and Bread Machines is $10 and $90 respectively; thus
six toaster ovens per machine hour will generate profit of $60 = ($10 *6)
four bread machines per machine hour will generate profit of $360 = ($90 *4)
In the same machine hour the profit from Bread machines are significantly higher then Toaster over. Thus to maximize profit, Santora Company should manufacture Bread machine only.
The unit of Bread machine can be produced in 2,000 machine hours is 8,000 units (= 2,000 * 4)
The profit for 8,000 units of Bread machine is $720,000 = (8,000 * $90)
Answer:
Equilibrium quantity will increase but we cannot say for sure what will happen to equilibrium price.
Explanation:
Last statement is correct:
Whenever the supply and demand moves in the same direction that is if one increases other also increases or vice-versa.
Then, the quantity can be determined but the price cannot be determined.
As with decrease in the supply, the quantity supplied will be less, and since demand is also less, the quantity at equilibrium will also be less, and will be identified properly.
But as we discuss the price, it not only depends on the demand and supply, but would depend on consumer as well as producer behavior.
The consumer wants to buy at less price, but the producer will tend to sale it at a higher price, therefor, with this pressure which is inverse in nature, the degree or range of price can be identified but that the price cannot be determined, it might increase or decrease.
Answer:
d. Recognized as an ordinary gain from a bargain purchase.
Explanation:
ASC 805-20 provides further guidance on the acquisition method, specifically discussing the recognition and measurement of the following:
Identifiable assets acquired Liabilities assumed Noncontrolling interests, if any, in the acquiree