Answer:
Short-run decision = Do not shut down.
Long-run decision = Exit.
Explanation:
Generally, when the average variable cost is greater than the unit selling price, the firm will shut down in the short-run.
Variable cost = Total cost - fixed cost
Variable cost = $280 - $30
Variable cost = $250
Average variable cost = $250/10 = $25
Selling price = $27
Therefore, selling price > average variable cost, the firm will not shut down in the short-run.
Again, when the average total cost is greater than the unit selling price, the firm will exit in the long-run.
Total cost = $280
Average total cost = $280/10 = $28
Selling price = $27
Since, Average total cost > selling price, the firm will exit in the long-run.
Answer and Explanation:
In the first situation, the journal entry is
Cash Dr $1,600
To Unearned revenue $1,600
(Being the unearned revenue is recorded)
For this we debited the cash as it increased the assets and credited the unearned revenue as it also increased the liabilities
The adjusting entry is
Unearned Service Revenue XXXXX
To Service Revenue XXXXX
(Being the adjusting entry is recorded)
If this entry is not recorded than it would leads to understated of revenue and overstated of liabilities
Solution :
Annual payment = 
1. The rate of interest annually = 12%
Present value 
= $ 18,023.90
2. The rate of interest annually = 12%
Present value 
= $ 20,186.75
3. The rate of interest annually = 12%
The rate of interest quarterly = 3%
Present value = 
Dogs, cats, horses, cattle. what animals are on the list?
Answer: 19.29%
Explanation:
From the question, Fremont Enterprises has an expected return of 18% and 57% of the portfolio is put in Fremont. The portfolio return of Fremont will be the expected return multiplied by the weight. This will be:
= 18% × 57%
= 18 × 0.57
= 10.26%
We are also told that Laurelhurst News has an expected return of 21% and that 43% of the portfolio is put in Laurelhurst News. The portfolio return here will be the expected return multiplied by the weight. This will be:
= 21% × 43%
= 21% × 0.43
= 9.03%
The the expected return of the portfolio will now be:
= 10.26% + 9.03%
= 19.29%
