Answer:
The correct answer is option B.
The correct answer is option D.
Explanation:
If the number of firms in an industry decreases, the overall market supply will decrease. This decrease in supply will cause the market supply curve to shift to the left. So the statement given in the question is false.
The cost of production is inversely related to supply. An increase in the cost of production causes supply to decline, shifting the curve to the left and vice versa.
Technology and productivity are directly related, an improvement in technology will cause the supply to increase shifting the curve to the right.
Taxes cause the supply to decrease as it is seen as a cost and it reduces the price received by the firms. This causes the supply curve to shift to the left.
Subsidies reduce the cost of production so the supply curve shifts to the left.
Answer:
Interpersonal Skills
Explanation:
Interpersonal skill is the skill that connects one person with other due to the employee's behavior which helps him to get along with others. In other words, when we talk about interpersonal skills we are actually talking about the excellent way of interacting with people that results in better relation, respect, better job environment, motivation of employees, etc.
In this case, Herb Kelleher, the CEO has better relations with his company employees as he interact with the people well which is interpersonal skills.
Answer:
D
Explanation:
Net working assets is current assets less current liabilities
Current assets include cash, cash equivalents and inventory
Examples of current liabilities include accounts payables, short-term debt, accrued expenses, and dividends payable
When inventory is purchased with cash, inventory increases and cash reduces, thus there is no change in net working capital
Net working capital can be negative or positive.
If current assets is greater than current liabilities, it would be positive, if this is not the case, it would be negative.
Answer:
$60,000
Explanation:
According to section 1250 of the Internal Revenue Service, the depreciation previously allowed as a deduction would now be taxed in the case of ordinary income at the highest tax level.
And, For this, the asset should be depreciated real property.
In the question, there is depreciation charged for apartment building so the same is eligible
The eligibility is allowed up to $60,000 and the same is to be considered
Answer:
warranty liablity account ending balance: 3,510,000
Explanation:
In total, we expect a warranty expense for 6% for each sale distributed among three years.
For the 32,000,000 million sales for 2019 we expect:
32,000,000 x 6% = 1,920,000 warranty expense.
warranty liaiblity
debit credit
beginning 3,370,000
expenditures 1,780,000
warranty expense <u> 1,920,000</u>
balance 3,510,000
