Answer:
Option A:
<em>Large</em> Marginal costs; less <em>firms in the industry</em>
Explanation:
Monopolistic competitions are market models which are charaterized by low barriers to entry. High marginal costs will discourage firms from entering the industry, thereby leading to a reduced number of firms operating there in the long run.
Since the marginal costs reduce profit, if this continues to rise, most firms will discover that it is difficult to make profit in such an industry. They will definitely leave industry for a different one.
This makes Option C the answer.
Answer:
Company X
Explanation:
It seems company X made more purchase for PPE
<u>Investing activities refers to the purchase of long-term assets or investment</u>
Considering Company X used 200,000 cash for investing activities
while Company Y used 100,000 cash for investment activities.
We can assume Company X made more purchase of PPE
However, company Y could made purchase without cash (issued of shares, or signing a note) Which will not use cash.
Answer:
Jeans= 200 units
Shirt= 200 units
Explanation:
<u>To calculate the break-even point in units, we need to use the following formula:</u>
<u></u>
Break-even point (units)= Total fixed costs / Weighted average contribution margin
Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)
Weighted average contribution margin= (22*0.5 + 27*0.5) - (14*0.5 + 19*0.5)
Weighted average contribution margin= 8
Break-even point (units)= 3,200/8
Break-even point (units)= 400 units
Jeans= 0.5*400= 200 units
Shirt= 0.5*400= 200 units
Answer:
c. $140,000.
Explanation:
The computation of the compensation expense under the fair value method is shown below:
= Total compensation expense ÷ number of years
= $280,000 ÷ 2 years
= $140,000
Since the total compensation expense is given for two years but we have to find out for one year so we divided it by the number of years so that the fair value could come
debit to Bad Debt Expense for $3,800
<h3>What is
Bad Debt Expense ?</h3>
When a receivable is no longer collectible because a customer is unable to fulfil their obligation to pay an outstanding debt due to bankruptcy or other financial problems, a bad debt expense is recognised.
If a company with $2,000,000 in sales expects 2% of sales to be uncollectible, their bad debt expense would be $40,000 ($2,000,000 * 0.02). Consider a roofing company that agrees to replace a customer's roof on credit for $10,000.
Are bad debts a cost or a liability? Bad debts are an expense to the business rather than a liability because the amount expected to be received from the debtor is irrecoverable and has a negative impact on the books of accounts by reducing accounts receivable.
To know more about Bad Debt Expense follow the link:
brainly.com/question/18568784
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