Answer:
introduction stage
Explanation:
it's making me have 20 characters so it's just introduction stage to introduce a new product
Answer:
240
Explanation:
The computation of the optimal fee per unit of output is as follows:
As we know that
Marginal cost = Price
MC = P
1Q = 2,400 - Q
1Q + Q = 2,400
2Q = 2,400
Q = 2,400 ÷ 2
= 1,200
MC = 0.8Q
= 0.8 (1,200)
= 960
Now the optimal fee per unit of output is
= 1,200 - 960
= 240
Answer:
The journals entry to record depreciation on the equipment for 2016 will be:
Debit Depreciation expense $14,000
Credit Accumulated depreciation $14,000
<em>(To record depreciation expense for Year 2016)</em>
Explanation:
Under straight-line method, depreciation expense is (cost - residual value) / Estimated useful life = ($150,000 - $10,000) / 10 years = $14,000 yearly depreciation expense. This applies to Years 2015 and 2016.
The change in the estimate in Year 2017 will not affect the depreciation expense for 2016 based on the previous parameters,
Answer:
Polo will report $318,750 as its investment in Stallion at December 31, 20X8
Explanation:
Common stock = $300,000 acquired at 75%
Net income = $40,000
Pay dividends = $10,000
Increase in value of Patent = $50,000
Economic Life = 10
Amortization = $5,000
Therefore, the $ 5000 would be reduced from the net income.
Investments in Polo = $300,000 + [0.75 × (40000 - 10000 - 5000)]
= $300,000+ 0.75(25,000)
= $300,000+ $18,750
= $318,750
