Answer:
The correct option is - B. The opportunity cost is in producing fewer safety pins.
Explanation:
The correct option is - B. The opportunity cost is in producing fewer safety pins.
Reason -
Initially we produce 200 buttons and 200 safety pins and there are 50% split of resources.
Now, If we produce 300 buttons and 100 safety pins and there is no change in the split of resources, then
The opportunity cost of extra 100 buttons is sale amount we would have been getting if we make that 100 safety pins.
Answer:
$7,954
Explanation:
Calculation for the mortgage recording tax paid on a property
First step is to find the tax rate
Tax rate =2.05/100
Tax rate = 0.0205
Second step will be to multiply the percentage of the tax rate with the price of the property that was sold for the amount of $485,000,
0.0205 × $485,000
= $9,942.5
The third step will be to calculate the LTV which is fully known as loan to value which was given as 80 % in order for us to known mortgage recording tax paid on the property
Hence,
Mortgage recording tax paid on the property $9,942.5 × 0.8 =
Mortgage recording tax paid on the property $7,954
Therefore the Mortgage recording tax paid on the property that was sold for the amount of $485,000 will be $7,954
Answer:
The answer is letter A.
Explanation:
Automatically gives preferential treatment in the allocation of funds to its riskiest division
Answer:
Journal Entry to reflect the event is as follow;
Dr. Cr.
Utility Expense $520
Utility bill payable $520
Explanation:
Utility bill is received it means the expense is accrued and it is not due until the month end so a liability will be created and will be paid next month.
False.
It DECREASES. The midpoint of the demand curve will be unitary elastic, whereas above it, it will be elastic and below it, it will be inelastic.
