Answer:
If the asset’s book value exceeds the proceeds received from disposal by sale, the company records a gain.
Explanation:
All of the other options are true except for this option;
If the asset’s book value exceeds the proceeds received from disposal by sale, the company records a gain.
It is expected that the company should record a loss rather.
Hence, If the sales of a plant asset exceeds its book value, the company records a gain.
Answer:
Answer: Yes, There is a linear correlation between the weights of the bears and their chest sizes because the absolute value of the test statistics 0.961 exceeds the critical value
Explanation:
Claim: There is a linear correlation between the weights of the bears and their chest sizes
Null hypothesis, H₀ : p=0 (there is no significant correlation)
Alternative hypothesis, H₁ : p ≠0 (there is no significant correlation)
Level of significance, α = 0.05
Decision rule: Reject H₀ if robserved ≥ rcritical
Sample correlation coefficient r = robserved = 0.961
Yes, There is a linear correlation between the weights of the bears and their chest sizes because the absolute value of the test statistics 0.961 exceeds the critical value
The correct answer is choice d, all are correct.
When calculating the acquisition cost of a piece of equipment it should be the all inclusive cost of the equipment. The cost should include all transportation, installation, site preparation, sales or other taxes and testing costs prior to placing the equipment into production.
Answer:
B. increase the supply of its doll now before the other doll hits the market
Explanation:
Funsters Inc. should increase supply of it´s popular doll now before the doll of Toysorama company hit the market at low price. This will give first mover advantage to Funsters Inc., Which will help the company to grab market share and gain revenue from the market before other company launches its doll. Competition in the market can be handled by taking first step.
Answer:
The correct answer is option b.
Explanation:
A market will experience a surplus when the quantity supplied is higher than the quantity demanded. The quantity supplied will be more than the quantity demanded when the actual price is higher than the equilibrium price.
This is because of the law of supply and the law of demand. At a higher price, the firms will supply more but the consumers will demand less.
So the market will be in surplus when the actual price is $20, the equilibrium price is $25, the quantity supplied is 100 and the quantity demanded is 75.
