Answer:
Matthew owns 30 percent of the outstanding stock of Lindman and has the ability to significantly influence the investee's operations and decision making. On January 1, 2015, the balance in the Investment in Lindman account is $337,000. Amortization associated with this acquisition is $10,000 per year.
Explanation:
The profit maximization is derived at the point where the marginal revenue product of labor is equal to the marginal factor cost of labor.
Reason :
The profit maximization level is the point at which marginal cost equals marginal revenue. In this case, the marginal cost of labor is the labor wage. Thus, the profit maximization point for the employer is the point at which wage equals the marginal revenue product of labor.
What is the marginal revenue product of labour equal to?
The marginal revenue product of a worker is equal to the product of the marginal product of labor (MPL) and the marginal revenue (MR) of output, given by MR×MPL = MRPL. This can be used to determine the optimal number of workers to employ at an exogenous determined market wage rate.
What is the derived demand of labor curve?
The firm's demand for labor is a derived demand; it is derived from the demand for the firm's output. If demand for the firm's output increases, the firm will demand more labor and will hire more workers. If demand for the firm's output falls, the firm will demand less labor and will reduce its work force.
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Answer:
Goodwill
Explanation:
Goodwill is the value associated with a business brand name, its existing customers, ideal location, patents, and good employee relations. Goodwill emerges when a business is being acquired in its totality. It is considered as an intangible asset.
Goodwill increases the value of a business over and above the current value of its physical assets. Joan is being asked to pay for goodwill. Goodwill will represent the brand name, customers, and good relationships that Joan will inherit from the current owner of curl up and dye.
Answer:
c. Its low barriers to entry expose Northern to increased risk of competition, which could negatively affect the predictability of its expected future sales revenues.
