<u> </u><u>The </u><u>Economies of </u><u>scale </u> occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.
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Answer:
1, 12, and 13
Explanation:
As we know that
National income = NNP at FC
And,
GDP = GDP at MP
Now as we have to determine the GDP at MP from the national income so here considered the depreciation
So,
NNP at FC + depreciation expense -net factor income from abroad = GDP at FC
And, the statistical discrepancy is determined as gross domestic product subtract gross domestic income.
Hence, the above is the answer
Answer:
$2,583
Explanation:
The required value of your account at year 35 is:
$70,000 / 0.1 = $700,000
FV = $700,000. This is the required amount you need to have in your account 35 years from now
i/r = 10%. The interest that the account pays
n = 35 years
PV = 0
PMT (The amount of annual deposit required to achieve the target above. This is the missing value we need to calculate)
By using financial calculator, we obtain:
PMT = $2,583
Answer:
1. Limited liability
2. Shareholder
The concept of limited liability is one of the main characteristics of a corporation. Limited liability means that the owners are responsible for the debts of the company only to the extent of the money they've contributed to the company.
When an investor purchases shares of a corporation, becomes a shareholder of a corporation. He can then benefit from the growth in the company since he is also the owner of the company.
Answer:
The journal entry to record the write down is:
Dr Cost of goods sold 1,000
Cr Inventory 1,000
Since cost of goods sold increases, then net income (income statement) will decrease. A decrease in net income will also result in lower retained earnings (balance sheet).
