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Zielflug [23.3K]
2 years ago
13

A monopolistically competitive markets:

Business
1 answer:
iragen [17]2 years ago
5 0

Answer:

d. may have too many or too few firms, but the government can do little to rectify the situation.

Explanation:

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Which of the following production costs, if expressed on a per unit basis, would be most likely to change significantly as the p
Temka [501]

Answer:

The answer is Option D.

Explanation:

The answer is Option D.

The direct costs (materials and labor) will change if the production level varies. They are defined as the costs that are strictily related with the production of the product or service.

The fixed manufacturing overhead will vary independently of the variations of the production level. This is an example of indirect cost.

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With access to the Internet nearly universal in the United States, many potential market segments have become more perceptive. r
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On January 1, 2020, Klosterman Company issued $500,000, 10%, 10-year bonds at face value. Interest is payable annually on Januar
Ede4ka [16]

Answer and Explanation:

Journal entry to record the issuance of the bonds.

A.

Jan 1

Dr cash $500,000

Cr bonds payable $500,000

B. Journal entry to record the accrual of the interest

Dec 31 2020

Dr Interest expense $25,000

Cr Interest Payable $25,000

C. Journal entry to record the payment of interest on January 1, 2021.

Dr Interest expense $25,000

Cr Cash $25,0000

Interest expense $500,000×10%×1/2=$25,000

3 0
2 years ago
Riley is a 50% partner in the RF Partnership and has an outside basis of $56,000 at the end of the year prior to any distributio
Savatey [412]

Answer:

The land basis will be $8,000 and partnership basis will be $42,000.

Explanation:

The outside basis at the end of the year is $56,000.

The cash basis is $6,000.

The fair value of land is $14,000.

The land basis to RF is $8000.

The partnership basis will be

=Outside basis-cash basis-land basis

=$(56,000-6,000-8,000)

=$42,000.

So, the land basis will be $8,000 and partnership basis will be $42,000.

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3 years ago
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