In the united states, loans from financial intermediaries are far more important for corporate finance than are securities markets.
A market is a system, institution, process, social relationship, or infrastructure configuration that parties exchange. Although parties can exchange goods and services through barter, most markets rely on sellers offering goods and services to buyers in exchange for money.
A market is a place where buyers and sellers meet to facilitate the exchange or trade of goods and services. A marketplace can be physical, like a retail store, or virtual, like an e-merchant.
Marketplace, the means by which the exchange of goods and services takes place through contact between buyers and sellers, either directly or through intermediaries or institutions.
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Answer:
c. cease production immediately, because it is incurring a loss.
Explanation:
When a business engages in production it looks to make profit. That is for the production price to be higher than cost incurred in producing the good.
However when the price is lower than the average variable cost as is indicated in the scenario then the firm needs to shut down production in the short term.
Factors that will adversely affect a firm in the short term are price, average total cost, and average variable cost.
Once price is less than average total cost or average variable cost it is better to stop production.
As they are incurring an economic loss
Answer:
See below
Explanation:
Corrected amount for 2020 cost of goods sold
= 2020 Cost of goods sold - 2019 Ending inventory + 2020 Ending inventory
= $1,397,500 - $105,370 + $31,500
= $1,323,630
Corrected December 31, 2020, amount for retained earnings
= 2020 Retained earnings - 2020 Ending inventory
= $5,157,300 - $31,500
= $5,125,800
Answer: Debit Depreciation Expense, $150; Credit Accumulated Depreciation, $150
Explanation:
Depreciation is the decrease in fixed assets for use. At the end of each year the amount corresponding to the use of the assets is carried to accounting expenses, crediting the accumulated depreciation as a counterpart.
In this case it is only one month of depreciation, therefore if we know that annually the asset is going to depreciate US $ 1800, between twelve months it would be US $ 150, which would be due to expenses and credited to accumulated depreciation.
The government enforces a property rights by providing the police and courts.
<h3>What is a
property rights?</h3>
It refers to those theoretical and legal ownership of resources and how they can be used. Any property can be be owned by individuals, businesses, and governments and the property rights define the benefits associated with ownership of the property.
Most time, the secured property rights allow the landowners to travel from their land for employment, and to let their land work for them.
Therefore, the Option B is correct.
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