Answer:
The city's net investment in capital assets is $30,000
Explanation:
To calculate the city's net investment in capital assets we start with the total amount of capital assets:
Capital assets $800,000
minus accumulated depreciation ($120,000)
<u>minus outstanding bonds ($650,000) </u>
net capital assets $30,000
Processed by the cerebral cortex only
Answer:
does not include inventory as part of the numerator
Explanation:
The acid test ratio is somewhat similar to the current ratio. Both ratios are called liquidity ratio in which the short term assets are converted into cash to pay its short term liabilities. But the only difference in these two is
Current ratio includes current assets and current liabilities
While on the other hand, the acid test ratio or quick ratio include quick asset and current liabilities
Quick asset = Total Current assets - inventory - all other current assets
As inventory takes more time to convert into cash
Answer:
- Under Single Price Monopoly, absolute surplus is not maximized.
- The profit-maximizing efficiency in Perfect Price Discrimination is correlated with no extra weight loss
- Barefeet generates quantity less than the productive quantity of boots in single-price Monopoly.
Explanation:
A single-price monopoly is a corporation, who must sell every unit of its production to all its consumers for the same rate. so there is no way to maximize surplus.
A price-discriminating monopoly is a corporation able to sell various units of a product or service at various price points. Therefore, by adjusting their prices they have opportunities to increase their income.