Answer: D. Moral codes and social sanctions
B. coordinating negotiations among all of the parties too costly.
Explanation:
Externality is when the action of a person affects others either in a positive or negative way.
The types of private solutions to the externality of littering that has occurred in this case is moral codes and social sanctions. In this case, Megan doesn't really think that what she wants to do is wrong but she is concerned with how littering would affect her neighbor.
We should note that private solutions to externalities do not work when coordinating negotiations among all of the parties too costly.
Answer:
Oligopoly
Explanation:
An oligopoly is a market structure which is caracterized by having few competitors and each one has market power to change the equilibrium price or quantity. According to this, Henry´s competitor had the market power to reduce the price of his products. Also, it might be some barries to entry (to the market) and that is why the problem states that Henry had to do a huge investment (not everyone can do it).
Answer:
$680,000
Explanation:
Since Playa Company owns 90% of Seaside Corporation, it is considered Seaside's parent company and it must include all of Seaside's assets when it presents its consolidated balance sheet.
Total net assets reported = $480,000 (Playa's net assets at book value) + $200,000 (Seaside's net assets) = $680,000
Answer:
Debit Cash/Bank $48,500
Debit Service charge (p/l) $48,500
Credit Accounts receivable $50,000
Being entries to account for credit card payment of debt due from customers.
Explanation:
The credit card payment is a form of cash and cash equivalent that may be accepted by a company in place of debt owed by another company (a customer).
This is usually at a fee and may be done to ease the company's liquidity. The actual receivable will then be collected from the customer by the credit card company. This is a form of debt factoring.
Service charge
= 3% * $50,000
= $1,500
Amount received = $50,000 - $1,500
= $48,500
The accounts to be adjusted include cash/bank account, service charge (p/l) and accounts receivable.
Answer:
Particulars Amount
Stockholders' equity, $5
September 1, 2016
Add: Revenues $37
Add: Accounts Payable $7
Less: Expenses $(30)
Less: Other assets $(21)
Add: Other liabilities <u>$6</u>
Cash <u>$4</u>
New Towne
Trial balance
For the year ended September 30, 2016
Account title Debit Credit
Cash $4
Other assets $21
Accounts payable $7
Other liabilities $6
Stockholders Equity $5
Revenues $37
Expenses <u>$30 </u>
Total <u>$55 $55 </u>
Revenues $37
Less: Expenses <u>$(30)</u>
Net income <u>$7</u>