Answer:
Taking $1 from Carl and giving it to Andy would increase society's total utility.
Explanation:
Since Andy's income is less than other three people when a $1 taken from Carl would increase Andy's utility more than the loss in utility of Carl. Thats why total utility would increase.
A = Pe^(rt)
<span>A = 5e^(0.02)(8) = 5.87 billion </span>
Answer:
C) Total assets are overstated.
Explanation:
The journal Entry for the Depreciation is as follows:
Dr. Depreciation Expense xxx
Cr. Accumulated Depreciation xxx
By missing this Journal entry the Accumulated depreciation account will be understated as we know that this is a contra asset account and this will net off the Long term assets. So, as a result the total asset will be overstated.
Answer:
Cheap
Explanation:
If Mary is selling one product at a lower promotional price then the buyer will think the other products are being sold at a lower price too right?
I may be wrong.......
