Answer:
Yes, This is True.
Explanation:
Marginal cost is the cost of one additional unit. The marginal cost curve will slope upwards because firm will pay more wage to the worker who produce more output. This can be regarded as the increase in output leads to increased wage rate. The marginal cost curve will be upward sloping because there will be addition to the marginal cost due to increase in one unit of output.
Answer: <em>$1,160,000</em>
Explanation:
Given:
Retained earnings (beginning) = $1 million
Dividend paid = $100,000
Net income = $250,000
Goodwill increased by = $10,000
Therefore, we'll compute Retained earnings (end of the year) as:
Retained earnings (end of the year) = Retained earnings (beginning) + Net income + Increase in Goodwill - Dividend paid
Retained earnings (end of the year) = $1,000,000 + $250,000 + $10,000 - $100,000
Retained earnings (end of the year) = $1,160,000
Answer:
in the explanation we can see the relationship between supply and demand.
Explanation:
The question is not clear, because some elements are missing. However, this is a situation where we want to describe the relationship between supply and demand for 3d TVs and how this varies if there is an increase in demand.
So let's analyze it in general terms.
Be D=Demand, E=equilibrium , P=Price, Q=Quantity.
Since Tabitha now earns more, she decides to buy a TV, then this increases demand (D2), which causes the equilibrium point (which in the graph corresponds to the intersection of the supply and demand curves) to change (E2). Thus, the higher the demand, the higher the price.
Answer:
$249,900
Explanation:
The dividend in arrears on December 31, 2020 is shown below:
= Number of preferred shares × par value × dividend rate × number of years
= 11,900 shares × $100 × 7% × 3 years
= $249,900
The 3 years is taken from December 31, 2017 to December 31, 2020
Moreover, it is not reflected on the liability side but is should be disclosed on the owners equity notes section
