Answer:
Place the check provided by the Jason in its trust account and draw against only to pay actual advertising expenses
Explanation:
In the statement given in the question it is stated that the Beverly and Jason agrees to a agreement in which Jason will pay Beverly $250 for advertising.
Now,
The Beverly will Place the check provided by the Jason in its trust account and draw against only to pay actual advertising expenses incurred by the Beverly for the advertisement of property owned by Jason.
Answer:
Operating activities
Explanation:
The operating activities in the cash flow statement using the direct method derive that the cash receipts and the cash payment should be recorded under this activity.
Cash payment would be recorded when the purchase of merchandise is held
And cash received would be recorded when the sale of goods and services made to customers
And, the purchase of goods, sales of goods and services show in the income statement along with the expenditure to arrive at the net income i.e. shown in the operating activities
Answer: Economies of scope
Explanation:
Economies of scope refers to the
proportionate saving that's gained when a company produces two or more goods, such that the cost of producing the goods is less than the cost incurred when each good is separately produced.
In such case, the average total cost of production will reduce as a result of the rise in the number of different goods that are produced.
Therefore, the concept that Microsoft use to argue that this breakup would increase total costs is Economies of scope
A store of value, but not a medium of exchange.