Answer: Option (d) is correct.
Explanation:
Correct option: Only a perfectly competitive firm operates at its efficient scale.
In the perfectly competitive market and in the long run, the firms who are making losses will exit the market and those firms who are able produce at a point where price is equal to the average total cost will exist in the market.
However, monopolistic firms operates at a below efficient level of production and with an excess capacity.
Competitive firms are generally enjoys the productive efficiency in the long run because these firms have the capability to produce at a lower average total cost.
Answer: A. deferred and recognized as income over the term of the lease.
Explanation:
In a sale-leaseback transaction, that is when a property is sold by a company and leased back, the property seller is the lessee and the property purchase is the lessor. In this case, a sale-leaseback will allow a company to sell an asset so that the company can raise capital, after which the asset can then be leader back.
When a company sells property and then leases it back, any gain on the sale should usually be deferred and recognized as income over the term of the lease.
Answer:
-0.028870144
Explanation:
The computation of the annual rate of return on this sculpture is shown below:
We have to find the compound annual growth rate which is
= (Ending value ÷ Beginning value)^ (1 ÷ time period) - 1
= ($10,605,500 - $12,643,500)^ (1 ÷ 6) - 1
= -0.028870144
The six year comes from
= The Year 2015 - the year 2009
= Year 6
Basically, we applied the above formula so that the annual rate of return could come
