Answer:
The correct answer is D) "producers should not produce one more roast beef sandwich because MC > MB"
Explanation:
Marginal cost (MC) is the additional cost that you provoke when you add an extra unit of goods or services to your company.
Marginal benefit (MB) is the additional benefit that you receive when you add an extra unit of goods or services to your company.
When:
MC > MB (producers shouldn't produce an additional good or service)
MC < MB (Producers should produce an additional good or service)
The descriptions to cases that will possibility be addressed by a Trial Balance are:
- can detect the accuracy of the accounting process(possible)
- can help check whether the debit side is equal to the credit side(possible)
- can help prepare the income statement(possible)
- helps serve as a proof of the application of the double-entry system(not possible)
- can help check whether a particular transaction has been completely omitted(not possible)
<h3>What is trial balance?</h3>
A trial balance can be regarded as bookkeeping worksheet which contains the ledger that is arranged into debit and credit account column .
Therefore, with trial balance, one can check whether the debit side is equal to the credit side.
learn more about trial balance at:brainly.com/question/24217989
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Hi there!
Answer:
Total cost with gasoline : $ 62.50
Total cost with E85 : $63.33
Explanation:
First, we must calculate the consumption in gallons of each type of fuel.
<em>For gas
</em>
500 miles/28 miles * 1 gallon = 17.86 gallons
<em>For E85 </em>
500 miles/22.5 miles * 1 gallon = 22.22 gallons
With that, all we have to do is calculate the total cost in dollars
.
<em>For gas
</em>
17.86 galons * $3.5/gallon = $62.50
<em>For E85
</em>
22.22 galons * $2.85/gallon = $63.33
Answer:
$2,000
Explanation:
The state of California will grant its citizens a tax credit equal to the amount of taxes paid in other states when computing income received outside its borders. This same logic is applied by the federal government when someone earns income in foreign countries and pays taxes to a foreign government. Taxes paid to other governments decrease the amount of taxes that you pay to your own government.
Answer:
Incorporating the business and selling the shares to investors to take over as successors
Explanation:
Business incorporation is the legal process through which a business is formed.This allows an incorporated business to sell shares or stocks to interested investors , giving them the power of ownership in proportion to the volume of shares held , and the liability limited to the investment in the business.
It has the advantage over other methods of succession planning in active involvement in the business , limited liability and easier procedures.
