Answer:
B. $124,000
Explanation:
The balance for Maxwell's capital account will be $124,000 i.e the total Market value of the building he is investing minus the mortgage that is supposed to be paid by the partnership.
$180,000 - $ 56,000 = $124,000
Answer:
The Completed lost of Library is
Explanation: $1224880
Solution
Given that:
Amount Period Average expenditure
Accumulated
expenditure Jan 1 735000 9/9 735000
Feb. 28 99000 7/9 77000
Apr. 30 189000 5/9 105000
Jul. 1 45000 3/9 15000
Sept. 30 73000 0 0
Average Accumulated
expenditure 1141000 932000
Interest to be capitalized = 932000*12%*9/12= $83880
The Completed lost of Library = 1141000+83880= $1224880
Answer:
increase, decrease
Explanation:
In simple words, when the tax was imposed on the product the company will ultimately bear it to the final consumer which means the price will rise. However when the price of the product rises the demand for that product decreases due to the fact that many individuals would not be able to buy it now from their limited income, this phenomenon is called price elasticity due to income.
Answer:
The weekly revenue is maximum at x=1.67.
Explanation:
The given function is
.... (1)
where, f(x) is the total revenue at price x.
We need to find the price x at which the weekly revenue is maximum.
The leading coefficient of the given function is -300, which is a negative number. So, it is a downward parabola and vertex of a downward parabola is the the point of maxima.
If a parabola is defined as
... (2)
then the vertex of the function is
From (1) and (2) it is clear that
The given function is maximum at
Therefore the weekly revenue is maximum at x=1.67.
