Answer:
Should not
Explanation:
From the question, marginal cost exceeds the marginal benefit to be derived from the addition of beds.
Thus MC > MB
This means that it will cost the Corporation more to expand the number of beds than the benefits that they will derive from adding this feature. This shows that they are better off avoiding the addition of beds as this would make them to run at a loss. Hence, they should not offer additional beds.
Answer:
The correct answer is option b) $367,000
Explanation:
Here for calculating the correct amount of inventory that Horace should report can be calculated through, by adding the inventory worth $320,000 at 31 December, 2015 with consignment given to Herschel worth $47,000, SO
Correct amount of inventory =
Amount of inventory on 31 December
+
Consignment given to Herschel
= $320,000 + $47,000
= $367,000
Here we are taking Herschel consignment in to account and that too at the historical purchase cost because Horace company has give the Herschel to sell the goods on his behalf but the transfer of ownership has not taken place here , the right to ownership here remains with the Horace and the amount at which they should be recorded is at purchase cost not selling cost.
We will also not include goods worth $ 22,000 in to the calculation because the Horace company has not received the goods physically yet, we will include those goods in to inventory on January 3 not before that.
Answer:
The correct answer is option A.
Explanation:
In the study of economics, all the available resources are considered to be scarce. But the shortage is referred to the situation in the market where the quantity demanded is more than the quantity supplied at the current market price.
If the quantity supplied is more then the situation is referred to as surplus. Equilibrium is achieved when both quantity demanded and supplied are equal.
The answer is E all of the above, hope this helps :)!!
Answer:
APR, or annual percentage rate, is your interest rate stated as a yearly rate. An APR for a loan can include fees you may be charged, like origination fees. APR is important because it can give you a good idea of how much you'll pay to take out a loan.
Explanation:
