Answer:
d) higher than the market rate of interest
Explanation:
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Answer:
To increase the opportunity for brokerage, contacts can be made with the people of the same profession in other companies via professional meetings.
Explanation:
A broker acts as a mediator between an investor and a securities exchange. He helps in the buying and selling of businesses. Brokerage is a commission charged by a broker.
To increase the opportunity for brokerage, contacts can be made with the people of the same profession in other companies via professional meetings.
The average cost is known as unit cost. It is equal to total cost divided by the number of goods produced. If Average variable costs are increasing while average total costs are decreasing, then marginal cost must lie between average variable and average total costs.
- The Marginal cost of an item is simply known as the increase in cost that accompanies a unit increase in output.
The relationship that exist between Average total costs and Marginal cost is that:
- When there is a decrease in average cost, the marginal cost is then less than the average cost.
- When the average cost increases, the marginal cost will then be greater than the average cost.
- When the average cost remains unchanged (is at a minimum or maximum), the marginal cost is equals the average cost.
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Definitely c). because this is the group this act applied most to
Answer:
Presentation of a Multiple-step Income Statement
1. Sale of marketable securities at a loss.
In the non-operating section of the income statement
2. Adjusting entry to create (or increase) the allowance for doubtful accounts.
In the operating section of the income statement
3. Entry to write off an uncollectible account against the allowance.
In the operating section of the income statement
4. Adjusting entry to increase the balance in the marketable securities account to a higher market value.
In other comprehensive income section of the income statement
Explanation:
The sale of marketable securities at a loss gives rise to a realized loss. This is recorded in the non-operating section of the income statement after the operating section. Items 2 and 3 are recorded in the operating section of the income statement, as they relate to the entity's normal operations. Item 4 refers to an unrealized gain. This is recorded in the other comprehensive income section just as unrealized losses. The other comprehensive income section shows the comprehensive income and expenses, which refer to changes in equity that originate from non-operating sources.