Answer:
The correct answer is, <em>Liabilities will be increased</em>.
Explanation:
Though the year has ended however, the payment would still be due to be made. Hence, payables would be reflected in the balance sheet thereby increasing the liabilities.
Answer: higher than market equilibrium quantity where cost of supplying the unit is more than the willingness to pay
Explanation:
A subsidy is a sum of money that is given to a business or an organization by the government in order to increase the supply and also keep the prices low.
Therefore, a subsidy such as a subsidy for producing corn in the United States can be considered inefficient because a subsidy results in a quantity that is higher than market equilibrium quantity whereby cost of supplying the unit will exceed the willingness to pay.
Answer:
B. Units transferred to the next department × Cost per equivalent unit
Explanation:
Cost per equivalent unit refers to the cost of each completed unit possible.
As there is not only the units which are complete, but newly introduced and those in work in progress, and therefore, the cost of each equivalent unit is calculated so that it computes the cost for each unit.
Accordingly, all the units which are completed and transferred to another department are complete and the equivalent cost of completion of each unit shall be allocated to those units.
Therefore, correct option is:
Option B.
Answer:
The description is outlined in the clarification segment below, as per the case provided.
Explanation:
- The prevalence of either a lifetime tax on some kind of fixed income has been known to be a long-term perspective including its broader economic impact of taxation since they complement instead of just replace.
- The existing income taxes would raise the quarterly funds to meet, but perhaps the cumulative occurrence of tax would enhance the power to charge for existence.
