Answer:
D. credit to Unearned Warranty Revenue of $1,400
Explanation:
Unearned extended warranty revenue can be defined as the way in unearned revenues is reflected in accrued liabilities in the balance sheets which in turn lead to the revenue from separately priced as well as self-insured service contracts to be deferred at the point of sale.
Therefore the journal entry to record this transaction would include:
credit to Unearned Warranty Revenue of $1,400
Answer:
increase by $10.
Explanation:
The marginal cost of hiring a fourth worker is already $90. This means that any price floor (minimum wage) imposed by the government will not affect this worker or the company because his/her wage was already equal to the new minimum wage.
The firm's profit = marginal revenue product - marginal cost = $100 - $90 = $10.
Answer:
14 years
Explanation:
Given:
Leader country GDP = $50,000
Follower country GDP = $25,000
Growth rate of follower country = 5%
It is given that growth rate of leader country is "0" So real GDP will be $50,000.
Follower country GDP is half.
So, according to double match formula
Number of years to double = 70 years / rate of growth
Number of years to double = 70 years / 5%
Number of years to double = 14 year
So, In 14 years follower country will catch the GDP of Leader country.
One nonprice competition technique is Better Quality. Another nonprice rivalry technique is Better Customer Service. In conclusion, a nonprice rivalry methodology is having a superior site. These procedures matter to clients because of the way that they need to show signs of improvement of a similar item, for example, the better shirt, the better pants, the better administration and so forth.
<span>According to Ogburn, inventions can include both material technological artifacts which change what sorts of things that can be done and the sets of customs, rules, and conventions that allow those material inventions to be of use to members of society. For example, there were various material technological inventions which made the automobile possible (the internal combustion engine, vulcanized rubber, the universal joint), but in order for the automobile to become integrated into society a number of non-material inventions were also necessary such as road networks, agreed upon rules of the road, licensing regimes, and so on.</span>
