Answer: C. $200
Explanation:
Total revenue = price × quantity
= $20 × 10 = $200
A perfectly competitive firm is a firm that is a price taker; it doesn't set the price for its goods.
If the firm reduces the quantity produced, total revenue falls too.
In business, the Theory of Constraints is a methodology or set of principles to improve possible constraints or bottlenecks and maximize results (Option B).
In companies, it is common goals or projects are limited by factors such as:
- Time.
- Communication problems.
- Limited resources.
- Leadership issues.
- Among others.
These limitations are known as constraints or bottlenecks. Moreover, the Theory of Constraints proposes these factors can help companies achieve a goal or maximize results if the company focuses on improving these limiting aspects.
This means this theory states the process and results can be increased if the bottleneck activities are also maximized (option B).
Learn more in: brainly.com/question/20040228
Answer:
The most likely result at trial is that the landowner's claim for specific performance will be successful, and she will be awarded the entire price of contract.
Explanation:
When there isn't a statute, the buyer bears the risk of loss when property subject to a contract for sale is destroyed without fault of any party prior to the date specified for closing. Unless the contract specifies otherwise, the buyer must pay the contract price even if the property is damaged by fire.
The inn was burned down in this case after the landowner and the buyer signed a contract for the sale of the property, but before the closing date. The contract appears to be silent on the risk of loss, and no appropriate statute exists. As a result of the common law rule, the buyer bears the risk of loss. Therefore, the landowner has the right to particular execution of the contract, which implies that the entire stipulated contract price must be paid by the buyer.
Regardless of the property's drop in worth owing to the fire, the $1 million contract price must be paid by the buyer because he bears the risk of loss.
Therefore, the most likely result at trial is that the landowner's claim for specific performance will be successful, and she will be awarded the entire price of contract.
Answer:
1. Authorized shares = 300,000 shares
2. Issued shares = 160,000 shares
3. Outstanding shares
= Issued shares- Shares repurchased
= 160,000 - 25,000
= 135,000 shares
Explanation:
Authorized shares are shares that a firm is allowed by law to issue to the public.
Issued shares are shares that a company offers to the public for subscription.
Outstanding shares are shares remaining after the share repurchase.
Answer:
The correct option is;
B. Companies use GAAP when preparing financial statements
Explanation:
Generally Accepted Accounting Principles (GAAP) are the guidelines with regards to the standards, principles, practices and procedures of financial statement compilation by accountants issued by the Financial Accounting Standards Board (FASB). It is a requirement that all publicly quoted companies make use of GAAP for their financial compilation.
GAAP comprises of the generally accepted accounting records reporting and recording methods as well as policy board standards of accounting procedures.
