Answer:
It is $30,000(C)
Explanation:
Depreciable cost = $90,000
Using straight-line method,
Annual depreciation = $90,000/3
= $30,000.
Hence, depreciation expense at the final year of service is $30,000
We cannot make use of entire cost of equipment of $120,000 because it seemed the company wanted to sell its scrap value for $30,000. Hence, this has been used to reduced it cost to $90,000 which is a depreciable cost .
Answer:
demand; inelastic
Explanation:
Price discrimination is when a seller charges different prices for the same product in different markets. Price discrimination is usually practised by monopolists. The aim of price discrimination is to eliminate consumer surplus.
A seller would usually charge a higher price to a consumer whose demand is price inelastic. This means that the quantity demanded is less sensitive to changes in price.
If the seller charges a higher price to a consumer whose demand is price elastic, the consumer would reduce the quantity demanded as a result of the rise in price and the total revenue of the seller would fall.
I hope my answer helps you
Answer:
C) starting a snow cone business
Explanation:
An entrepreneur is someone who decides to start his own business, usually a small business. Only option C refers to starting a new business.
Option A and B refer to positions where you are employed by the government (being a government employee is the opposite of being an entrepreneur).
Option D refers to painting your kitchen not opening a new business.
The journal entries are shown below:
On December 31
Bad debt expense Dr $130,000 ($650,000 × 0.20%)
To Allowance for doubtful debts $130,000
(Being the bad debt expense is recorded)
On Feb 01
Allowance for doubtful debts Dr $325
To Account receivable $325
(Being the written off amount is recorded)
On June 5
Account receivable $325
To Allowance for doubtful debts Dr $325
(Being the written off amount is recorded)
On June 5
Cash Dr $325
To Account receivable $325
(Being the cash received is recorded)
Answer:
23 percent
Explanation:
Base on the scenario been described in the question, the normal form game looks like this:Kellogg’sRivalAdvertiseNoYesNo$8, $8$-4, $43Yes$43,$-4$0, $0Collusion is profitable under the usual trigger strategies if (πCheat- πCoop) / (πCoop- πN) ≤ (1 / i), or ($43 - $8) / ($8 - 0) = 4.38 ≤ (1 / i). Thus, one requirement is for the interest rate to be lessthan 23 percent. As our answer
