The sellers will pay the entire share.
<u>Explanation:</u>
If the quantity of the land supplied is constant, it does not increase. So if the tax is imposed on the land, the price of land will definitely go up because of the limitation in the quantity of the land available.
If the tax is imposed on the rental price of the land which will lead to increase in the price of that land, then the tax has to be paid by the sellers of that particular land.
Credit unions are non-profit financial corporations, while banks have a declared earnings paid and stockholders. Have a GREAT day!!!! :)
Answer:
Please find attached file for complete answer solution and explanation of same question.
Explanation:
Answer:
$52,860
Explanation:
The computation of the ending inventory using the lower of cost or market method is shown below:
Product Cost Net realizable value Lower of cost or NRV
RSK-89013 600 × $38 = $22,800 600 × $47 = $28,800 $22,800
LKW-91247 420 × $47 = $19,740 420 × $40 = $16,800 $16,800
QEC-57429 510 × $26 = $13,260 510 × $32 = $16,320 $13,260
Carrying value of the ending inventory is $52,860
This is an example of a market culture.
This type of a culture means that control and stability are highly valued and that this particular employer is focused externally - meaning that he wants to produce a lot in a short period of time, and be acknowledged as a good producer of goods. He understands that the market is very competitive and wants to be one of the best.