Answer:
D) Sole proprietorship
Explanation:
Sole Proprietorship offers the <em>quickest decision-making</em>, because a sole proprietorship consists of only 1 owner, which means that the decision is only required to be made by the owner, and not by other people. This offers the quickest decision-making.
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Answer:
$922,000
Explanation:
Operating income after tax = $3,100,000 - ($3,100,000 × 38%) = $1,922,000
Annual cost of dollar = 20,000,000 × 5% = 1,000,000
EVA = Operating income after tax - Annual cost of dollar = 1,922,000 - 1,000,000 = $922,000
Answer:
b. 50,000
Explanation:
According to the given situation, the computation of impairment loss is shown below:-
The Amount of impairment loss to be recognized at December 31, 20X8 is
= Net assets - Fair value of reporting unit
= $310,000 - $260,000
= $50,000
Therefore we applied the above formula to determine the amount of impairment loss to be recognized at December 31, 20X8.
Answer:
c) a decrease in the equilibrium price of gasoline
Explanation:
Since SUVs and gas are complementary goods, the relation between these two in the example is evident. Since the demand of SUVs decreases, the demand for its complimentary good will also decrease, as it has little to no use without the SUV.
As a consequence, the price of gasoline will decrease, as the demand decreases.
Answer:
Explanation:
a. Money is being used as a medium of exchange because Brooke is accepting money in exchange for doing her daily tasks at the office. Money facilitates transactions: Brooke will use some of that money to buy food, if money wouldn´t exist, the company will have to pay her in food, but for the company is difficult to measure how much apples, rice, coffee and other does Brooke´s work represent.
b. Money is being used as a unit of account because it provides a common measure of the value of goods or services, in this case oranges and apples.
c. Money is being used as a store of value. Even though money loses value because of inflation is the most liquid asset a person can have.