Answer: A) Income Summary
Explanation:
The Income Summary account is used to compile temporary accounts before posting them to capital accounts. Revenues, Expenses and Cost of Goods are temporary accounts which will be compiled in the Income summary account.
The Income summary account has a debit and a credit side with income going on the credit side and expenses going on the debit side. If the credit side is higher than the debit side then profits have been made. The reverse is true.
Answer:
C - larger; smaller
Explanation:
Marginal effects usually determine the change in a dependent variable (overall medical spending) based on a change in another variable that affects the dependent one (Spending on preventative care), all things remaining the same. If spending on preventative care is high, the overall medical bill should be low, assuming treatment costs, labor costs of health workers and all other factors are constant. If preventative care spending is low, the overall medical spending will be high.
The marginal effects of overall medical spending on health status is larger in the US. The marginal effects of preventative care spending on health is likely smaller than for overall spending.
Answer: The correct option is "c.exercising an in-the-money put option".
Explanation: If you consider the equity of a firm to be an option on the firm’s assets then the act of paying off debt is comparable to <u>exercising an in-the-money put option</u> on the assets of the firm.
because he would be paying the debt with the participation in the equity of the company.
Answer:
I guess the ans is their right to exclude people from your property.
An organizational characteristics that tend to lead to larger sub-optimization problems is continuous focus on optimizing a unit of a business rather than the results of the entire business
<h3>What is Sub-optimization?</h3>
In a firm. the term "Sub-optimization" occurs when there is reduced level of output as a result of an an inefficient or ineffective process or system.
The problem associated with Sub-optimization is that when there is an optimization of outcome for a subsystem, it may not generally optimize the outcome for the system as a whole.
In conclusion, the organizational characteristics that tend to lead to larger sub-optimization problems is continuous focus on optimizing a unit of a business rather than the results of the entire business
Read more about Sub-optimization
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