Answer: Accrual account payable
Explanation:
An account payable is a current liability whereby a company receives and utilises a good or service first and makes payment for it at a later stage. This type of transaction is made on credit.
An accrued expense is a type of current liability where the expense is recordedas a liability in the books of the company before payment has been made.
Diaz Company will record this bill as an accounts payable (accrued expense) until they physically make the payment, then it will become an expense.
Answer:
YES
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
Airlines charging different prices based on seating arrangement is an example of first degree price discrimination. the airlines aim to eliminate consumer surplus by charging each consumer at their willingness to pay.
The herfindahl-hirschman index is calculated by summing the square of each company's market share.
In this case, the two firms separately would account for 628 of the herfindahl-hirschman index (12*12+22*22)
If the firms merge, they would account for 1,156 of the herfindahl-hirschman index (34*34)
This is an increase of 528 meaning the market is more concentrated.
Answer:
Itis better to take the case in hand of 207,000,000 millions
Explanation:
We need to calcualte the present value of a geometric annuity-due
g 0.05
r 0.04
C 4,515,432
n 26
n 26
127,557,727.45
As is an annuity due, we multiply by (1+r)
127,557,727.45 x (1+0.04) = 132,660,036,548
The present value of the 207,000,000 option is better as the annuity present value is around 130,000,000
Answer:
option 2 $75,000
Explanation:
Data provided in the question:
Amount for which the copyright to a book purchased = $15,000
Agreed royalty = 10% of the book sales
Minimum royalty to be paid= $60,000
Total book sales = $750,000
Now,
The Amount of royalty according to the agreement
= 10% of Total book sales
= 10% of $750,000
= $75,000
Since,
The amount the greater than the minimum royalty
Hence,
the agreement amount will be paid
i.e
option 2 $75,000