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sammy [17]
2 years ago
15

Suppose a city block was going to be used for a parking lot in both new york city and a small town. the opportunity cost would b

e
Business
1 answer:
Helen [10]2 years ago
7 0
The opportunity cost would be <span>greater in New York City because the alternative uses of the block are more valuable. Opportunity cost is the value of sacrifice that you need to make when choosing a  decision. The land price in new yorks is far more expensive compared to any other small towns because of the amount of population that walk passed to the streets and the amount of economic power that they have</span>
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On April 1, Otisco, Inc. paid Garcia Publishing Company $1,548 for 36-month subscriptions to several different magazines. Otisco
SSSSS [86.1K]

Answer:

advertizing expense 387 debit

    prepaid expense       387 credit

--to record expired advertizing at year-end ---

Explanation:

1,548 is the value of 36 months

from April to December 31th 9 months has expired thus:

1,548 x 9/36 = 387 expired advertizing

we will decrease our prepaid and post the advertizing expense for the expired amount

the prepaid is considered an asset as we have the right to receive advertize of our product and brand for the term of the contract thus, to decrease it we credit

the expense as decrease our equity will be debited

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3 years ago
What factors might have caused the auditor to inappropriately accept the assertions by management that the vendor allowances sho
Korvikt [17]
Auditors may be inclined to accept client representations because of a natural bias to want <span>to trust the client.
Before doing the auditing process, auditor usually receive a small briefing from the management team on the financial system that they use in recording their transactions. </span>If these allowances had been used in the past the auditor<span> may have been inclined to accept them as regular business practices</span>
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3 years ago
Give an example of a strong manager and an organization that you worked with in the past or presently.
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Tacobell and I had a amazing manager named big john!
3 0
2 years ago
A characteristic found only in oligopolies is products that are slightly different. interdependence of firms. break even level o
Delvig [45]

Answer:

The correct answer is the interdependence of firms.  

Explanation:

An oligopoly market is a market structure where there are a few firms. these firms are interdependent. Price and output decisions of a firm affect its rivals. An oligopoly firm faces a downward-sloping demand curve.  

In other market structures like monopolistic or perfect competition, the firms are not interdependent.

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3 years ago
Based on this research, which activity is this
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