Answer:
since 
Explanation:
U(q₁ q₂)
Budget law can be given by
Lagrangian function can be given by
First order condition csn be given by
From eqn (i) and eqn (ii) we have
Putting 
in euqtion (iii) we have
since
Answer: $650,000
Explanation:
Given that,
Fair and par value of issued bonds = $150,000
Prior acquisition, McGuire reported
Total assets = $500,000
Liabilities = $280,000
Stockholders’ equity = $220,000
At that date, Able reported
Total assets = $400,000
Liabilities = $250,000
Stockholders’ equity = $150,000
Account payable to McGuire = $20,000
Total assets reported by McGuire after acquisition:
= Total assets + Fair value of investment
= $500,000 + $150,000
= $650,000
Answer:
It is critical for Front desk personnel to be aware of the actual number of rooms available, particularly if the hotel plans to run at or near 100 percent occupancy.
Explanation:
Except for the fact that it serves as a fundamental benchmark against competitors, knowing occupancy is very useful in evaluating the financial resources that must be invested in order to maintain a hotel operating efficiently. The greater the number of rooms sold, the greater the need for front desk and cleaning workers.
A leader who initiates change in a company by enhancing the culture of the work environment is using transformational leadership.
Leadership as both a field of study and practical skills includes the ability of an individual, group, or organization to "lead, influence, or direct" another individual, team, or organization as a whole. The word "leadership" is a common controversial term.
A leader is someone who is responsible for persuading others to follow you. Great leaders instill confidence in others and put them into action. The leader is the head or girl who runs the show.
Learn more about leadership here:brainly.com/question/12522775
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Answer:
The journal entry to be recorded for the payment of the note on date of maturity is shown below:
Explanation:
The journal entry to be recorded for the payment of the note on date of maturity is as follows:
Notes Payable A/c..........................Dr $9,000
Interest expense A/c......................Dr $148
Cash A/c..........................................Cr $9,148
Being payment of the note payable is reported on the maturity date
As on the day of the payment, the cash is going out of the business which means assets is decreasing and any decrease in assets is credited. Therefore, the cash account is credited. And the notes payable is paid so the notes payable account is debited and interest expense account will also be debited.
Working Note:
Interest expense = $9,000 × 10% × 60/ 365
Interest expense = $148
