Answer:
Profit Maximisation
Explanation:
Profit is the difference between total revenue (receipts) from sale & total cost (expenditure) on production.
Total Revenue = Price x Quantity ; Total Cost = Average Cost x Quantity
Economists study all the producer behaviour, based on assumption that : Goal of firm is Profit Maximisation.
Maximising Profit implies maximising the difference between Total Revenue & Total Cost [ TR - TC] . This further leads to producer equilibrium rule of Marginal Revenue = Marginal Cost [MR = MC] ; i.e additional revenue per unit sold equals additional cost per unit production.
Answer:
<u><em>(It seems that the amount in question is wrongly typed as 65,000 instead of 65,000,000)</em></u>
The correct answer is $40,000.000.
Explanation:
The answer is calculated from guidlines provided in IFRS 10.
As per accounting standards the price paid above fair value of net asset is taken as goodwill. Goodwill is accounted as asset in balance sheet.
As fair value is not given we will assume that book values are equal to fair value. The detail calculations are given below.
Consideration paid $ 65,000,000
FV of net asset ($ 25,000,000)
Goodwill $ 40,000,000
Answer:
False
Explanation:
It's not prepared for each correspondent.
Answer:
True
Explanation:
The tragedy at the triangle shirtwaist company includes the death of 146 woman in a fire due to trapped by a locked door which was kept locked to prevent theft.
The labour leaders says the triangle fire is a proof of why labor unions are crucial to maintaining workplace balance in the U.S.
Immediantly after it happens