Answer:
C
Explanation:
The relationship between average total cost (ATC) and marginal cost (MC) is that the MC curve intersects the ATC curve at its minimum point.
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Answer:
The answer is given below;
Explanation:
Patent ($30,000+$2,000) Dr.$32,000
Advertising Expense Dr.$70,000
Legal Fees Expense Dr.$8,000
Cash Cr.$110,000
Please note that purchase cost of patent and legal fees paid for the transfer of patent are capital expenditures, therefore they are capitalized.
Where as the advertising and attorney's fee are revenue expenditures.
A partnership offers the best <span>quality liability protection but higher taxes.
</span>Answer: A
Answer:
Amount after 15 years = 183255.011
Explanation:
Below is the calculation to find the amount after 15 years:
Annuity amount or early deposited amount = $5200
Time period = 15 years
Interest rate = 11.3 %
Now we have to find the amount after 15 years:
Amount after 15 years = Annuity [((1 + r)^n - 1) / r ]
Amount after 15 years = 5200 [((1 + 11.3)^15 - 1) / 11.3% ]
Amount after 15 years = 183255.011