Answer:
Doing nothing. Ignore small external costs because the cost of administering a chewing gum tax is likely large relative to the harm prevented
Explanation:
As in the given question it can be seen that the external cost that is attached with the chewing cume would not even a cent as it is only 0.5 cents. Here the value is negligible if the tax is t be charged on this than it would not generate any revenue instead of this the cost of administrative would become high
Therefore the first option is correct
Answer:
$2,800
Explanation:
<u>REVENUE</u>
Revenue $11,000
Add:
B. Revenue earned but not yet billed = $2,800
D. Unearned revenue noe earned =<u> $2,500 </u> <u> $5,300 </u>
Total Adjusted Revenue <u> $16,300 </u>
<u>EXPENSES</u>
Expenses $11,000
Add:
A. Depreciation for February = $1,200.
C. Accrued interest expense = $800
E. Prepaid insurance =<u> $500 </u> <u> $2,500 </u>
Total Adjusted expenses <u> $13,500 </u>
Correct net income = Total Adjusted Revenue - Total Adjusted expenses
= $16,300 - $13,500
= $2,800
Answer:
option A is correct
Paid-In Capital in Excess of Par will be credited for $150,000
Explanation:
Given data
share = 5000
share value = $5 / common stock
cash = $175000
to find out
find the option which is correct
solution
we know here we have cash value $175000
and
total common stock is = share × share value
total common stock =5000 × 5
total common stock value is $25000
so paid capital in excess = cash - total common stock value
paid capital in excess = 175000 - 25000
paid capital in excess is $150000
so option A is correct
Paid-In Capital in Excess of Par will be credited for $150,000
$6.00 + 1.50(x) ≤ $12.00
1.50 x ≤ $12 - 6
1.50 x ≤ 6
x = 6.00÷1.50
x= 4 hours
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