Answer:
A bad deal
Explanation:
A bad deal is one in which the benefit to the buyer are far less than the cost incurred in making the purchase. The marginal utility derived from consuming the product is less than the marginal cost.
In this scenario Luke felt that the price Obi-Wan agrees on for passage to Alderon is too high and is not commensurate to the benefits.
This is an example of a bad deal between Obi-Wan and Hans Solo.
A good deal in the other hand is one where the purchaser is satisfied and the seller recieves a fair price for the product.
Answer:
d. patent balance of 306 million
Explanation:
Calculation for what FIFA's 2021 financial statements should include
First step is to calculate Accumulated amortization at the end of 2021
Accumulated amortization at the end of 2021=($450 / 20 years*3years )+[$450-($450 / 20 years*3 years) / (8 – 3) years]
Accumulated amortization at the end of 2021=$67.5 million per year+[($450-$67.5)/5 years]
Accumulated amortization at the end of 2021=$67.5 million per year+$76.5million
Accumulated amortization at the end of 2021=$144 million
Now let calculate FIFA's 2021 financial statements
Patent= $450 million – $144 million
Patent = $306 million
Therefore FIFA's 2021 financial statements should include patent balance of 306 million
Answer:
D. Cash is credited $213; repairs and maintenance expense is debited $213.
Explanation:
In double-entry accounting, transactions that reduce assets such as cash are credited while those that increase assets are debited.
By paying for repairs services, the amount of cash at hand reduces by $213. Because cash is an asset, the cash account will be credited( reduced) by $213.
Repairs and maintenance expense account is an expense account as the name suggest. As a rule, transactions that increase expenses are debited. In this case, Mr. Peabody will debit( increase) the repairs and maintenance account by $213.
Answer:
Projects W and X have lower expected returns
Projects Y and Z have higher expected returns
Explanation:
Given
Solving (a): Compare the expected return of each project to 12.1%
Expected Return of each project is calculated as:
For Project W:
Lower Expected return
For Project X:
Lower Expected return
For Project Y:
Higher Expected return
For Project Z:
Higher Expected return
There is no question in (b)