Answer:
$24 is the marginal cost of producing the third unit of output.
Explanation:
We know that the average variable cost of producing 3 units is 32, if we multiply 32 by 3 we get the total variable cost of producing 3 units. So 96 is the total variable cost of producing 3 units. Now we know that the marginal cost of producing the firs unit is 40 and the second unit is 32 so we can subtract (32+40) from 96 to find the marginal cost of the third unit.
96-(32+40)=24
The value of a bank's assets is than its liabilities, the bank is said to be <u>solvent</u>
<h3>What is assets?</h3>
Any resource that a company, an organization, or an economic body owns or controls is considered an asset. It encompasses everything that has the potential to generate gains in the economy. When turned into money, assets indicate the worth of ownership.
<h3>What do you mean by solvent in accounting?</h3>
A company's capacity to fulfill its short-term and long-term financial commitments is known as its solvency. One indicator of a company's financial health is its level of solvency, which reveals whether it will be able to continue running its business into the near future. Ratio analysis is a tool investors can use to assess a company's solvency.
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Answer:
Check the explanation
Explanation:
a)
In IFRS according to IAS 19 all past service cost is recognized in the net income in the period in which amendment (change) is made by entity for defined benefit pension, it does not matter what is the status of the employees who will benefit the change. So in Year 1 $150000 will be expended completely and in subsequent years the amount is $0
Year 1 =$150000
Subsequent years= $0
b) In US GAAP the past service cost is recorded in Accumulated other comprehensive income in the year of amendment. It is amortized over the future working life of the participants.
Year 1 is year of adoption hence $0 is amortized because $150000 is included in Accumulated other comprehensive income.
Subsequent years: (150000/10=15000) $15000 will be amortized for each year for 10 years.
If your choices are the following:
A Economic factors and new technologies often lead people to change occupations.
B Most people remain in the same position for their entire working lives.
C It's very rare for people to move to a different company during their careers.
D Changing occupations always means developing an entirely new set of job skills.
Then the answer is A Economic factors and new technologies often lead people to change occupations.