Answer: Increase an asset , increase a liability.
Purchasing asset on account and getting long term Loan
Answer:
Planning
Explanation:
Planning is the most crucial step which helps to achieve certain goals and objectives. It is the job of a manager and heads to execute the planning phase that involves complex procedure and steps. So In the above case, Telmake is going to increase its profits within the next five year by carefully planning the company's goals and operations.
Answer: I. Thursday and III. Saturday
Explanation: To say that Isabelle has $84.00 in her account means that she has her own cash held in a bank. This means that Isabelle has a debit account and is likely using a debit card to for her deposits and purchases. A debit card is used to take out cash from her account, and not a line of credit. This means that the cash for every purchase she makes is withdrawn from her account which then debits, or decreases her balance. On the other hand every deposit into her account, increases the balance which is credited to her account.
The changes made throughout the week affected her account in the following way:
Day Debit(-) Credit (+) Balance
Openin bal: 84.00
Monday -22.35 61.65
Tuesday -47.60 +10.29 24.34
Wednesday -15.44 8.90
Thursday -11.25 -2.35
Friday -9.78 +22.69 10.56
Saturday -30.54 +18.86 -1.12
∴closing bal: = -1.12
From this it shows that Isabelle is charged an overdraft fee on Thursday (I) and Saturday (III) as she spent more than what she had in her account on those days.
Answer:
1. The wages and utility bills that Darnell pays.
286,000 explicit cost (accounting)
2. The rental income Darnell could receive if he chose to rent out his showroom.
3,000 x 12 months = 36,000 implicit cost (economic)
3. The salary Darnell could earn if he worked as a financial advisor.
20,000 implicit cost (economic)
4. The wholesale cost for the guitars that Darnell pays the manufacturer.
704,000 explicit cost (accounting)
Explanation:
The explicit cost are those which occurs and are represented in the accounting.
While the implicit cost represent the opportunity cost which is the best alternative rejected for taking the current course of action. They are considered for the economic profit
Answer:
correct option C. increase production.
Explanation:
given data
producing = 37 units
marginal cost MC = $3
sell MR = $5
solution
the profit is maximum at MR = MC ..............1
and here MR = $5 and MC = $3
then production should be increased up to the MC = MR = $5
so correct option is C. increase production
