Answer:
Entry for december 1, 2021:
Purchase Inventory=$853,000
Liability on purchase commitment=$902,900-$853,000
Liability On purchase commitment=$49000
Cash=$902,900
Explanation:
Entry for december 1, 2021:
Purchase Inventory=$853,000
Liability on purchase commitment=$902,900-$853,000
Liability On purchase commitment=$49000
Cash=$902,900
Answer:
d. the firm will lose $750
Explanation:
marginal cost is the derivate of the cost function: It represent the cost of producting an additional unit
cost: 750 + 5q
dC/dQ = 5
We have determinate that marginal cost is $5 thus, we should price at the same value. The mistake from the goverment is to equalize marginal cost with price instead of marginal revenue.
This will make the firm loss the fixed component of the cost as will sale to pay up the variable cost.
The fixed cost is $750 so that is the loss from operations
Answer:
Olympia Autos Inc. and Vaca Autos Inc.
This merger scenario illustrates the power of synergy.
Explanation:
Synergy is achieved with Olympia Autos Inc that has technological competencies, merging with Vaca Autos' marketing capacities. This enable the two entities to achieve more as one than they could have achieved individually. By capturing a larger market share, the two entities have shown that the combination of resources in pursuit of some common objectives is more beneficial than separate efforts.
Answer:
the amount paid during the year is $16,875
Explanation:
The computation of the amount paid during the year is shown below:
Opening Balance $3,757
Add: Wages expense $15,188
Less: Closing Balance -$2,070
Amount Paid $16,875
Hence, the amount paid during the year is $16,875
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
<u>Opportunity</u>
Explanation:
A code of conduct creates a formal way of how employees maintain a standard of conduct while interacting and discussing ideas.
Such a conduct is essential for any organization since it implements the abidance by rules and organizational policies treating everybody equally and ensuring just and fair treatment to all.
In the given case, an employee observes the existence of a formal code of conduct at her workplace which is not implemented consistently at all levels and covering all employees.
Such negligence in implementation would lead to an enhancement of the possibility and creates an opportunity for employees to commit unscrupulous acts, being aware of the shortcomings in the implementation of such formal code of conduct.
