Answer:
c. To focus on establishing a brand name
Explanation:
Specialty products are products that people want to buy because they are unique and are from a certain brand they prefer. According to this, the answer is that in this case, the objective of the manufacturers of Caroline Perfumes would be to focus on establishing a brand name because that would create customers' loyalty and they would be willing to make an effort to buy the product.
Answer:
The owner's equity be as of December 31, 20Y7 is $705
Explanation:
In this question, we apply the accounting equation which is given below
Total assets = Total liabilities + shareholder's equity
The question has said that the liabilities are decreased and the assets are increased.
So, the new asset is = total assets + increased amount
= $1,000 + $130
= $1,130
And, So, the new liability is = total liabilities - decreased amount
= $450 - $25
= $425
So, the shareholder equity would be equal to
= $1,130 - $425
= $705
Hence, the owner's equity be as of December 31, 20Y7 is $705
Answer:
21
Explanation:
Given that:
The utility function U(x, y) = 
The budget line income is:
105=4x +3y
The equation MRTS is:
where;
and:
∴
Using the equation MRTS:
4x = 12y
x = 12y/4
x = 3y
Replacing the value of x into the budget line income, we have:
105 = 4x + 3y
105 = 4(3y) + 3y
105 = 12y + 3y
105 = 15y
y = 105/15
y = 7
Then, from x = 3y
x = 3(7)
x = 21
Thus, she will consume 21 gapefruits
Answer/Explanation:
Susan's veterinary expenses are deductible for adjusted gross income
because she is self-employed and at the same time her vet practice constitutes a business.
Therefore, all of her veterinary expenses are deductible for adjusted gross income.
Alexandra is said to be in a trade or business as an employee and
the unreimbursed expenses of an employee are deducted as miscellaneous itemized deductions.
Therefore, Alexandra only benefits if she itemizes her deductions while Susan will always get the full benefit of the deduction.
its not b. the periods net income to be understated
