Answer:
c. decrease monthly output to 200 board feet.
Explanation:
If the firm wants to maximize profit it should decrease monthly output to 200 board feet demand by doing so , vital rate will ultimately increase the cost of the product and shift them to the profit. The correct answer is C.
Answer: Higgins should report this litigation as a contingent liability.
Explanation: A liability that is contingent upon an event, that is, dependent on a future event that may or may not happen is called contingent liability. Potential law suits, pending investigations are some of the examples of contingent liability.
A contingent liability will only be recorded if there is likely probability that the event on which such liability depends will occur and the amount of liability could be reasonably estimated.
Overall, the most effective and efficient analgesics are the narcotics. Narcotics are analgesic compounds that have sleep-inducing properties.They are referred to as opiates and opioid analgesics, because of their opatic property. Narcotics result in p<span>ain relief, narcosis and addiction (physical dependence on the drug).</span>
Answer:
$234,606
Explanation:
actual replacement cost = $350,000
effective age = 20 years
total economic life = 65 years
years left = 65 - 20 = 45 years
curable items = $45,000 ⇒ effective age 15 years
value of the property using modified age-life basis = (replacement cost - curable items) x (effective age / total economic life)
= ($350,000 - $45,000) - (15 years / 65 years) = $305,000 - 23.08% = $234,606
Answer:
C
Explanation:
An internal control system is used to ensure reliable accounting. Internal controls system can be defined as a given set of rules, policies, and procedures an organization puts in place to give direction, increase efficiency and strengthen how people follow to policies.