Monopoly is a seller<span> that is selling a unique product in the market and in a </span>monopoly<span> market, the seller faces no competition. </span>
A firm that is a monopoly can ignore the actions of other firms. From the given option the following best describes monopoly:
<span>C: A monopoly is a firm that is the only seller of a product in a given industry.</span>
Answer:
b. Invite the client into a meeting to shape the strategy.
Explanation:
It is very important when we invited the client for meeting so that we are able to share the strategy as the open and loose could be discussed in a proper way and in easy way also the suggestions are also welcome. In addition to this, the strategy should be taken place as per the preferences, requirements and choices of the clients
Therefore the option b is correct
Answer:
The Cost that can be deducted will be $3,500
Explanation:
Bonus Depreciation=$35,000*50%=$17,500
Now cost deductible in 2018 will be=$17,500/5=$3,500
Currently 50% bonus depreciation being deducted on assets as per new rulings.
Answer:
D) $7,000 negative
Explanation:
<em>What amount of net cash flow would be shown in the financing section of the statement of cash flows?</em>
<em />
Amount of net cash flow to be shown in the financing section of the statement of cash flows = Decrease in Account payable - Increase in accrued liabilities + Borrow of new long term notes payable - Repayment of long term notes payable
= -$2,000 + $1,000 + $34,000 - $40,000
= -$7,000