Answer:
c) Unearned Revenue $ 500, Revenue $ 500
Explanation:
When the cash was received on August 01, no accounting services were provided so the entry would have been:
Cash Debit $ 1,200
Unearned revenue Credit $ 1,200
Unearned Revenue is a liability account
On December 31, a recognition needs to be made for the services revenue earned and hence the amount for 5 months amounting is debited to unearned revenue and revenue credited with $ 500.
Answer:
The option E is correct
Explanation:
Solution
Given that:
The output manufactured to Q = 5Lk
Where L= Labor quantity
k=Capital quantity
The price of K= $12
The price of L =$6
Now,
We find the combination of both K and L that will produce 4,000 units of output.
MPL/MPK is defined as the cost minimizing combination = w/r
Thus,
MPL/MPK = D(Q)/dl = 5k
same will be done for L,
MPL/MPK = D(Q)/dk = 5L
We divide 5K and 5L
So,
5k/5L =$6/$12
k/L = 1/2
Thus,
k =L/2
Now, when we substitute the value L = 2k in Q we have the following below:
Q = 5k * (2k)
Given that Q = 4000
So,
4000=10k2
4000=k2
we divide
k =20
L = 2k = 2820
= 40
Therefore, L =40, k = 20
Answer:
Raise competitor costs.
Explanation:
Raising competitor costs is basically a strategy to gain market share.
Answer:
Always start from landing pages with very high traffic. This is simply so because if you want to determine the opportunities associated with contextual marketing, you want to start where you will get a plethora of views on the pages.
Explanation:
