Answer:
Say's law in economics is the ability to purchase something depends on the ability to produce and thereby generate income.
Answer:
260 million. The answer is not in the available options.
Explanation:
Projected benefit obligation as at January 01, 2018 250
Add: Service cost 30
Add: Interest Cost (250*6%) 15
Less: Retiree benefits paid 35
Projected benefit obligation as at December 31, 2018 260
Answer: Marginal cost is $27 and market price is $27
Explanation:
In the long run, perfectly competitive industries make zero economic profit. This means therefore that Average cost will be the same as the Market price so Market price will be $27.
Firms in a perfectly competitive industry will produce at a rate where Marginal revenue will equal marginal cost in order to maximise profit.
In a perfectly competitive industry, firms are price takers which means that the Market price is also the same as the Marginal revenue. The Market price will therefore be equal to marginal cost which means that Marginal cost will also be $27.
Answer:
The correct answer is True.
Explanation:
The dividend in shares is a distribution of benefits, through which a corporation distributes to its shareholders shares released from the issuance itself or shares of open stock companies that the company owns.
A division of shares is a corporate action that increases the number of shares in circulation of the company by dividing them, which in turn decreases its price. The market capitalization of the share, however, remains the same, just as the value of the $ 100 bill does not change if it is exchanged for two of $ 50. For example, with a division of shares of 2 by 1, each shareholder receives an additional share for each share held, but the value of each share is reduced by half: two shares now equal the original value of a share before the division .
Answer:
$35,143
Explanation:
Step 1 : Determine the value of Ending Inventory
Ending Inventory = $205,000 x 60 %
= $123,000
Step 2 : Determine the amount of unrealized profit in inventory
The Subsidiary (Carl Corporation) sold inventory to Parent (James Corporation).
James Corporation is the Parent of a Group since its owns more than 50% of voting rights of Carl Corporation
We use the gross profit percentage of the seller to determine the unrealized profit in inventory which is 40%.
Unrealized profit in inventory = 40/140 x $123,000
= $35,143
Conclusion :
The amount of intra-entity gross profit in inventory at December 31 that should be eliminated in the consolidation process is $35,143.
