Answer:
Grouper Inc. is involved in a lawsuit at December 31, 2020
It is given that Grouper will be liable for $863,600 as a result of this suit. Therefore, the journal entry for this situation is as follows;
On December 31, 2020
Lawsuit loss A/c Dr. $863,600
To Lawsuit liability $863,600
(To record the lawsuit loss of the Grouper Inc.)
Monday, June 26, 2006, agreed to sell the Spanish-language broadcaster for $12.3 billion in cash to a consortium of investors
Answer:
Being a professional
Being a team player
Explanation:
I would also say being a winner but that's not for certain , even though it's most likely going to happen .
Productive efficiency focuses on the cost of production while allocative efficiency focuses on the distribution of the products.
In economics, the efficiency or productivity of a business is classified into two types:
- Productive efficiency.
- Allocative efficiency.
These two types of efficiency focus on different aspects of production and selling goods and services.
Productive efficiency: This type implies producing goods at the lowest cost possible. This means:
- Avoiding unnecessary costs.
- Controlling costs when the number of units increases.
Allocative efficiency: This type implies selling or allocating the products in society. This means:
- Considering the maximum amount the customer can pay for a product (marginal benefit).
- Making the cost of production equal to the marginal benefit.
Note: This question is incomplete because the statements that need to be classified are not provided; due to this, I answered the question based on general knowledge.
Learn more in: brainly.com/question/3886960
Answer: b. $14.00
Explanation:
Contribution margin = Price - Variable cost
= $40 - $26 = $14
