Answer:
DR Warranty Payable $1.9m; CR Cash $1.9m.
Explanation:
When a company creates a payable it is obligated to pay a certain amount within a particular period.
In this case Google provides a 1 year warranty on its cell phones, so any claims that will attract repair or replacement is a payable obligation.
In the year 2019 they actually paid $1.9 million for repairs and replacements.
So the journal entry to be passed is DR Warranty Payable $1.9m; CR Cash $1.9m.
Answer:
jguhgkijjuuuuugygyd8dritxufz8td8tdt8d8td8r57td
Answer:
$729
Explanation:
The computation of the one call option is shown below:
= Call option price × number of shares
= $7.29 × 100 shares
= $729
Simply we multiplied with the call option price with the number of shares so that the one call option could be calculated as we have to find out the one call option price
All other information which is given is not relevant. Hence, ignored it
Answer:
2. False
Explanation:
A person has comparative advantage in production if he produces at a lower opportunity cost when compared with other people.
For example, there are two bakers, Jean and Vincent. Vincent can produce either 5 cakes or 10 pizzas in 1 hour while Jean can produce either 8 cakes or 12 pizzas in one hour.
The opportunity cost for producing cake is:
Jean = 10/5 =2
Vincent = 12 / 8 = 1.5
Vincent has a lower opportunity cost when compared with Vincent in the production of cake, therefore, he has a comparative advantage.
I hope my answer helps you
Answer: B. Half of all the rural land
Explanation:
