Answer:
Splish Brothers, Inc
Note payable $1,760,000
Marigold Corp
Note payable $2,640,000
Explanation:
Prepare partial balance sheets for Splish Brothers, Inc. and Marigold Corp. at December 31, 2017,
Preparation of partial balance sheets for Splish Brothers, Inc at December 31, 2017,
Equity and Liabilities
Short term debt
Note payable $1,760,000
Preparation of partial balance sheets for Marigold Corp. at December 31, 2017,
Equity and Liabilities
Short term debt
Note payable $2,640,000
Answer: Any of the above could result from the legislation
Explanation:
From the question, we are informed that a state has strict laws stating that all employees, including part-time workers, must be compensated with employer-provided health benefits.
The likely effect of this law is that there will be a reduction on wages as employer's will try as much as possible to reducce cost incurred due to the health related compensation. Also, unemployment will increase and more workers will be hired "informally" and be paid surreptitiously in cash. This is because the cost of the employers will increase and they may need to lay some workers off.
It is important to note the context of material you find on the internet because there has been a lot of change in ALL these areas listed.
This is important because facts that may have been thought true at one point in history may not be now. Think of the historical figures who were convinced Columbus would sail off the earth because they believed the world was flat.
So that answer is all the above.
Answer:
A monopolist does not have a supply curve because price and quantity are decided at the same time.
Explanation:
A supply curve is generally upward sloping showing a direct relationship between the price level and quantity supplied. In case of a perfectly competitive market, the demand curve is a horizontal curve, showing marginal; revenue and average revenue. The firm here is a price taker and decides the quantity to be supplied according to the price level. The firm is able to maximize profit at the level of output where the price is equal to marginal cost.
However, in case of a monopoly, the firm is a price maker. There is no unique relation between price and quantity. The price and quantity to be supplied are determined at the same time at the point where marginal revenue is equal to marginal cost.
Answer:
$25,249.50
Explanation:
Deposit at the beginning of every 6 month (A) = 90
Time period (t) = 5
n = 52
Rate (r) = 3% = 0.03
So, the net amount in the account right after the last deposit is as follows:
= A * [(1+r/n)^(n*t) - 1 / r/n] * (1 + r/n)
= 90 * [(1+0.03/52)^(52*5) - 1 / 0.03/52] * (1 + 0.03/52)
= 90 * [(1.16178399147 - 1 / 0.000577] * (1+0.000577)
= 90 * 280.3882 * 1.000577
= 25249.498559226
= $25,249.50
