It reduced the cash flow to product innovation. It led to increased operating costs.
Answer:
The correct answer is letter "B": a leftward shift of the demand curve because of the high price.
Explanation:
The equilibrium price represents the point at which buyers' demand and sellers supply face each other because both parties' needs are satisfied. If the price of a given product is higher than the equilibrium level, the quantity demanded is likely to decrease which directly implies a leftward move in the demand curve.
Answer:
$20 million
Explanation:
The net of accumulated depreciation is the cost of the road minus accumulated depreciation till date.
Accumulated depreciation=yearly depreciation* 20 years
yearly depreciation=cost/useful life
cost is $30 million
useful life is 60 years
yearly depreciation=$30 million/60 years=$500,000 per yer
accumulated depreciation=$500,000*20=$10 millon
net of accumulated depreciation=$30 million-$10 million
net of accumulated depreciation=$20 million
As a result,option A is the correct answer
Answer:
A
Explanation:
Contribution margin is used to determine the profitability of a product. it is price less variable cost
Contribution margin = price - variable costs
Price = revenue / quantity sold
$440,000 / 11,000 = 40
Variable cost = total variable cost /output
$110,000 / 11,000 = 10
contribution margin = 40 - 10 = 30
Answer:
D. The amounts are out of balance and need to be corrected
Explanation:
<em>The debit side is less which means there is no income / loss mistreatment. </em>
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<em>There must be some disposition error or some adjustment left out. </em>
<em>There are three kinds of errors in the trial balance</em>
<em>Error of omission</em>
<em>Error of Disposition</em>
<em>Error of adjustment</em>
<em>This could be any of the above given errors and needs to be corrected it has no income/ loss factor.</em>
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<em>The error of omission occurs when the numbers are omitted.</em>
<em>The error of disposition occurs when the numbers are dispositioned such as 855 is written as 58.</em>
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