Answer:
Letter c is correct
Explanation:
In this case, the amount of supply will be smaller and the price may remain, rise or fall. The factor that influences this price behavior is the law of supply and demand, it will determine what will be the prices of a market. So if there is a balance between supply and demand, the most likely to happen is price stabilization, which can be changed more or less depending on other economic factors that may arise, such as the emergence of a competitor.
Answer:
c. $500
Explanation:
A contract is an agreement by two or more parties to perform a.certain activity within a given time.
When contract are breached, the beneficiary has the right to gain back the amount promised.
If the beneficiary can get another option, the other party is obligated to pay the balance.
On this instance Nora had the chance to get a new job at $2,000 salary the balance is $2,500 - $2,000= $500. Since she rejected the job she is responsible for that loss.
However ABC is still liable to pay the balance of $500
Answer: 2
Explanation: The LIFO is known as last in and first out. It is when the last purchased inventory is sold first.
The LIFO allowance account is derived by subtracting LIFO inventory carrying amount from what the inventory would have been under THE FIFO inventory system.
Therefore, LIFO reserves + LIFO inventory = FIFO inventory system.
FIFO is known as the first in, first out inventory system. It is when the inventory purchased first is disposed of first.
The LIFO allowance account is required to be disclosed by the US GAAP. It is recorded either in the balance sheet or in the notes to the financial statement.
I hope my answer helps.
Goodluck
Answer:
NPV = -$132,193.77
Explanation:
best case NPV:
price per unit (+4%) = $48.88
sales per year (+4%) = 32,240
variable cost per unit (-2%) = $22.54
fixed costs (-2%) = $826,042
depreciation expense per year = $227,000 / 4 = $56,750
contribution margin per unit = $26.34
23% tax rate
discount rate = 11.5%
initial outlay = $227,000
net cash flows = {[($26.34 x 32,240) - $826,042 - $56,750] x 77%} + $56,750 = $30,885.392
NPV = -$132,193.77
Answer:
Local Content Requirements
Explanation:
Local content requirements are policies used by both developing countries and developed countries aiming at promoting the use of local inputs and fostering growth of domestic industries. It requires that a certain agreed upon percentage of intermediate goods or inputs used in the production process be gotten from local or domestic manufacturers.
Government imposes these local content requirements in order for foreign companies to be able to operate in their economy. When it is done properly, there's usually increases in the aspect of local employment with industrial and technological growth of the local manufacturers.