Explanation:
Period costs are always expensed on the income statement in the period in which: they are incurred.
Answer:
The correct answer is option c.
Explanation:
Pure monopoly refers to a market where there is a single producer selling a product with no close substitutes. Such type of market is very rare.
There is restriction on entry and exit of firms in the market. The firm operating in this market is a price maker and faces a downward-sloping demand curve.
No close substitutes, single seller and barriers to entry are essential conditions for a pure monopoly to exist.
True. This demonstrates that buyer has confidence on buying products that are branded. She has trust that the product can satisfy her because the brand already earned a reputation in its field. It also shows that she passed scrutiny on the bought product.
Answer:
$93,900
Explanation:
Computation for pension expense for the year 2020.
PENSION EXPENSE
Service cost $54,700
Interest cost $45,200
($452,000 * 0.10)
Less Actual return ($13,800)
Amortization of PSC $7,800
Pension expense $93,900
Therefore the pension expense for the year 2020 is $93,900
<span>This study is a randomized control trial (RCT). In an RCT, participants are randomized into one of two groups - an intervention group or a control group. The intervention group receives the treatment of interest to the researchers (in this case, computers and educational software) while the control group does not. This will allow the researchers to examine the effect of the intervention (computers and educational software) on achievement tests scores.</span>
