Answer:
c. Increased competition
Explanation:
This is an example of increased competition. When there is no trade, local producers have a monopoly on their industry. Because of this, they are able to decide on their own how they want to price their products. When trade exists, consumers are able to buy goods from more producers at fairer prices. This forces the local producers to lower their prices in order to remain competitive.
Answer:
Because fixed costs will not change, the overall effect on the company's monthly net operating income will be equal to the contribution margin of the product once the new component is added.
Explanation:
The contribution margin is equal to: Revenue - Variable Costs.
We already know that the variable cost will be increased by $50 once new component is added, and that monthly sales are expected to increase by 500 units after that.
Depending on the price of the product, the amount sold, and the variable costs, we get the contribution margin, and this contribution margin will be exactly the same as the overall effect on the net operating income.
In this case, Shareholders should filed a lawsuit against the company’s law firm, alleging that it was liable under Section 10(b) for drafting Refco'so’s SEC filings which contained these materials. They would only be liable for their own “articulated statement” or statements of others that<span> they had explicitly adopted </span>
Answer:
Annual depreciation= $32,500
Explanation:
Giving the following information:
Purchase price= $70,000
Salvage value= $5,000
Useful life= 4 years
<u>To calculate the annual depreciation under the double-declining-balance method, we need to use the following formula:</u>
<u></u>
Annual depreciation= 2*[(book value)/estimated life (years)]
<u>2022:</u>
Annual depreciation= 2*[(70,000 - 5,000) / 4]
Annual depreciation= $32,500
When evaluating the usefulness of information, you want to make sure it is up to date.
I would say, saying this is up to date meaning there talking about like the day of the month or year.
Hope this helps :)
