Answer: Option B
Explanation: Marginal revenue is the additional revenue from selling one more unit.
A. Marginal revenue equals zero means there is no additional revenue from selling one more unit, the demand could be positive.
B. Negative marginal revenue shows that the revenue earned from selling additional unit is less than the additional unit sold before.
C. Positive marginal revenue shows that the revenue earned from selling additional unit is more than the additional unit sold before.
D. Marginal revenue increases when price and quantity both increases.
Answer:
1,386.67%
Explanation:
Loan Amount = $8.25
Repayment Amount = $10.45
Hence,
Interest for a week = Repayment Amount - Loan Amount
= $10.45 - $8.25
= $2.2
Interest percentage for a week:
= 
= 
= 26.66% (approx)
Number of weeks in a year = 52
Therefore,
Effective annual return:
= Interest percentage for a week × Number of weeks in a year
= 26.66% × 52
= 1,386.67%
Hence, effective annual return Friendly’s earns on this lending business is 1,386.67%
.
APR you are paying 1,386.67%.
Answer:
Indirect cost
Explanation:
Indirect costs are costs that are not directly accountable to a cost object (such as a particular project, facility, function or product). Indirect costs may be either fixed or variable.
This sale represent A MITIGATION OF DAMAGE.
The principle of the mitigation of damage states that a person who has suffered an injury or loss should take reasonable action where possible to avoid additional injury. The failure to take reasonable action to prevent further loss may result in reduction in the amount that the person can recover if the case is taken to court.
Answer:
Polo will report $318,750 as its investment in Stallion at December 31, 20X8
Explanation:
Common stock = $300,000 acquired at 75%
Net income = $40,000
Pay dividends = $10,000
Increase in value of Patent = $50,000
Economic Life = 10
Amortization = $5,000
Therefore, the $ 5000 would be reduced from the net income.
Investments in Polo = $300,000 + [0.75 × (40000 - 10000 - 5000)]
= $300,000+ 0.75(25,000)
= $300,000+ $18,750
= $318,750
