Answer: comparative advantages
Explanation:
Comparative advantages order refers to a method of organizing persuasive speeches whereby the speaker gives points on how the solution to a particular problem is preferable than other solutions that are proposed l.
It is a way of structuring a persuasive speech when the audience knows that there's a challenge regarding a particular thing but wants to be convinced that a particular plan is the best solution when compared to other plans.
In this case, since the speaker is trying to tell the audience that carbon tax is a better solution than an emission trading system to the problem of industrial pollution, then this is referred to as comparative advantage order.
Answer:
$264,930
Explanation:
Land is an asset, an item of property plant and equipment (fixed asset). As such it is recorded at historical cost which includes the cost of the land as well as other cost incurred in making the land available for use net of the income generated in the process of making the asset available for use. Other cost may have been incurred in the process of purchasing the land but only the cost necessary to make the land available for use are capitalized.
Hence, the capitalized cost of the land is:
= $250,000 + $12,600 - $1,690 + $540 + $3,800 - $320
= $264,930
The cost of insurance will be expensed.
Answer:
The required adjusting journal entry on December 31 includes a:
Debit Insurance Expense $400
Credits Prepaid Insurance $400
Explanation:
On Dec. 1, a 12-month insurance policy was purchased and paid in advance for $4,800. The company records the insurance as the prepaid Insurance:
Debit Prepaid Insurance $4,800
Credit Cash $4,800
On December 31, the last day of the following 1 months, the company records an adjusting entry that Credits Prepaid Insurance for $400 ($4,800 divided by 12 months times the 1 months that will be prepaid as of December 31) and Debits Insurance Expense for $400
Debit Insurance Expense $400
Credits Prepaid Insurance $400
Answer:
Explanation:
a. Should he make the exchange?
Brett Produces almonds = 1050 tons
Owner of walnut produces = 774 tons
Market Price almond = $103 per ton
Market Price of walnuts = $114 per ton
Therefore
The market value of the almond crop = (1050 tons) x ($103)
= $108,150
The market value of the walnut crop = (774 tons) x ($ 114)
= $88,236
He should not make the exchange since the price of almond is high than walnuts
b. Does it matter whether he prefers almonds or walnuts?
Why or why not?
No. His preference is irrelevant to the value of the crops.
Is the above statement true or false? True
