Answer:
The correct answer is (b) Nextflix supplies 250 subscriptions and Flixbuster supplies 250 subscriptions.
Explanation:
Solution
Now,
A monopolist would supply where the total revenue is Maximum
So, quantity produced = 500 where each will produce 500/2
=250 units
Therefore from the given question stated as, If the two firms operating in this market agreed to each supply one-half of the quantity a monopolist would supply, the contract would specify that: Nextflix supplies 250 subscriptions and Flixbuster supplies 250 subscriptions.
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The accrual-based income statement superior to a cash-based income statements in measuring profitability because It reports the expenses incurred in generating the revenues regardless of when the cash was paid.
What distinguishes the accrual basis of accounting from the cash basis of accounting?
When money is received or spent, it is recorded as revenue using the cash foundation of accounting. When using the accrual basis of accounting, revenues are recorded as they are earned and expenses as they are incurred.
What is an income statement with an accrual basis?
Accounting on an accrual system records revenue and corresponding costs as they are incurred, rather than when money is exchanged. Accordingly, businesses report revenue when it is earned rather than when it is received.
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The single sum at the employment date would make her indifferent between the two options is: $72,867.
<h3>Single sum at the employment date</h3>
Using this formula
Single sum=Amount- received+ Present value
Let plug in the formula
Single sum=$30,000+($50,000/(1+0.08)²
Single sum=$30,000+($50,000/(1.08)²)
Single sum=$30,000+($50,000/1.1664)
Single sum=$30,000+42,867
Single sum= $72,867
Inconclusion The single sum at the employment date would make her indifferent between the two options is: $72,867.
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Because the financial expenditure
