Answer:
The correct option is B,common stock 30,000 cash 10,000 and building 20,000
Explanation:
Geraldine Parker's contributions to the business -that is both cash and building are seen as his capital invested in the business.Invariably, it is assumed the new business owes Geraldine Parker the worth of resources invested
Appropriate double entries for the transaction are shown below
Dr Cash $10000
Dr Building $20000
Cr Capital $30000
This is the capital as at the start of the business,it is also possible that Geraldine Parker contributes additional capital which adds to existing capital.
Also,the profits made increases the stake of the owner in the business and drawings should e deducted from the capital in case the owner withdraws cash or goods from the business.
During this week of low production, the price for pallets does not change at all. Given this observation this firm likely faces Oligopoly. Below is further explanation on Oligopoly.
<h3>What is Oligopoly?</h3>
An oligopoly is a market featured by a small number of firms who realize they are interdependent in their pricing and output policies. The number of firms is small enough to give each firm some market power.
Therefore, the correct answer is Oligopoly.
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Answer: The newly created firms is able to take advantage of economies of scale.
Explanation:
A merger is an agreement whereby two companies come together and pool their resources together in order to form one company and achieve same organizational goals.
One main reason why companies merge together is in order to achieve economies of scale. This is the reduction in cost as a result of the expansion and increase in production level.
As a result of the physical injuries he sustained, he received the following payments during the year:$0. This is further explained below.
<h3>What are
physical injuries?</h3>
Generally, Heat and cold, electrical discharges, changes in pressure and radiation are all examples of physical ailments that may be induced by mechanical traumas.
In conclusion, It is possible for Marlon to deduct from his gross income the $10,000 in medical bills that were paid for by his health insurance policy and repaid to him. Even though the payout is in lieu of Marlon's salary, the $15,000 that he got as part of the settlement for the physical personal injury damage may be disregarded when calculating his gross income.
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