Answer: Not enough information because the cost of each resource is not given.
Explanation:
With regards to the question, there's no enough information given in order to know the factor to hire next as a profit-maximizing firm.
Even though from the question given, the machine can make more churros per hour than the next unit of labor, the coat of both resources isn't given, therefore we cannot be certain on which one to choose.
Answer:
A) $3,429
Explanation:
Bonus capital paid by the new shareholders will be distributed among the Old Partner on the basis of their old sharing ratio
Capital Balance of Peter = $38,000
Settlement amount = $20,000
As we does not have revised profit ratios, Peter and Chris will share profit on their old ratios.
Remaining balance of Gary's capital = $26,000 - $20,000 = $6,000
Peter Share = 4/7 x $6,000 = $3,429
Answer: $200,000 Ordinary loss
Explanation:
In calculating the loss that was recognized by XYZ we subtract the basis of the inventory from the worth of the inventory before it was distributed during liquidation.
This translates to,
= 700,000 - 900,000
= -$200,000
Now as we know, Inventory is a day to day asset in the business that is sold to make profit. Inventory is what was distributed and as such it must be considered an Ordinary Income.
So this is a $200,000 Ordinary Income loss.
We dont know because the whole question is not asked
Answer:
Conversation
Explanation:
According to Dean Jarley, The EXCHANGE is a place in the college where conversation happen in order to create a culture of engagement.
Dean Jarley said that 'the idea behind The Exchange is simple' because education at its highest level happens when people are given the opportunity to interact, discuss and have a conversation with some other person who has brilliant ideas to share.
Furthermore, Dean Jarley believes that the more opportunities people have to engage in such conversations, the more they are likely to exchange brilliant ideas and the more learning will occur.