<span>This type of marketing is known as imperfect competition as many companies are selling similar products, but the products aren’t similar enough to compete with each other in the market. One way that a company in this type of market can get the most for their money is by producing goods that have a marginal revenue that equals the marginal cost. The company also can continue to develop new products in order to keep us with the demands of its customers. In order to increase the demand for their product, the company may improve its quality and design in order to make it more useful for its customers.</span>
Answer:
$726,500
Explanation:
The computation of current earnings and profits for year 2 is shown below:-
current earnings and profits for year 2 = Profit as per Income Tax - Penalty disallowed + Life insurance proceed - Tax Expenses
= $760,000 - $42,000 + $185,000 - $176,500
= $945,000 - $42,000 - $176,500
= $726,500
Therefore we have applied the above formula to reach out the current earnings and profits for year 2.
Answer:
223,250 shares
Explanation:
proceeds from the exercise of options
= 26000 × 7 = 182,000
used to repurchase common stock at market price
182,000 ÷ 8 = 22,750
shares outstanding march 31, 2021
220,000
shares to be used in cal diluted EPS;
(26,000 - 22750) + 220,000 223,250
No. of Shares for computing Diluted Earning per share = 223,250 shares
Tangible assets are first recorded at costs to acquire them for use.
- Tangible assets are fixed assets which is referred to as the physical assets which a company/Buisness owns to carry out its daily activities in order to create profit .
- They include<em> investments, cash, inventory, vehicles, office equipment, buildings,machines, </em>etc
Tangible assets are very important to businesses as they
- Help in business operations to provide goods and services
- Serve as collateral for loans
- In case of emergency, they can generate cash
Tangible assets are first recorded in the balance sheet as costs to acquire them for use.
See more here: brainly.com/question/23469284
Answer:
$22
Explanation:
The computation of the predetermined manufacturing overhead rate per hour is shown below:
= Total Factory overhead ÷ Estimated labor hours
where,
Total factory overhead is
= Salary of factory supervisor + Heating and lighting costs for factory + Depreciation on factory equipment
= $37,000 + $22,300 + $5,600
= $64,900
And, the machine hours is 2.900
So, the predetermined overhead rate is
= $64,900 ÷ 2,900
= $22
This is the answer but the same is not given in the options
