Answer:
$90,000 loss on disposal
Explanation:
If the current year's depreciation of $45,000 is recorded, the loss on disposal will be $45,000 multiplied by 2 which is $90,000
Answer:
A. She is guilty of insider trading because she tipped information
Explanation:
From the question, there was an
unlawful committed by Sally as a result of her giving an information about inside to Alice which was her friend. Giving away that confidential information may give room
to Intruders to tip off which leads to another unlawful act such as Check Kitting case, which can be regarded as theft as well as larceny and this brings about outsider having chance to get non-existing funds.
Answer: a. True
Explanation:
Note that this system doesn't take into account the time value of money. Some analyst prefers its simplicity.
Solution :
A firm hires labor till a point where the cost of hiring is equal to the value of the additional revenue it produces.
We know ,
the wage rate = cos of hiring an additional worker
the value of the additional revenue that the firm produces = price x (MPI) marginal product of the labor.
Therefore, the firm will hire when :
Wage = value of the additional revenue it generates
Thus, wage = price x (MPI) marginal product of the labor ...........(i)
Therefore, given :
wage of a worker = $ 45
Price = $ 12
So, 45 = 12 x MPI
MPI = 3.8
So the marginal product of employing three days of labor = 25-18/4-3 = 7
Marginal product of employing four days of labor = 30-25/4-3 = 5
So the 4th day produces less revenue than the cost that it generates.
So, the firm should hire 3 workers.
Collateral is required by banks and other financial institutions because if the loan-taker defaults on his payments. This is a safety measure that prevents people from stealing money via loans.
