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Elis [28]
3 years ago
6

other students in school learn that you are making money by selling bracelets. they decide to open their own bracelet businesses

. this means that there is _____ competition in the bracelet market. more less
Business
2 answers:
aksik [14]3 years ago
8 0

The answer is

A) More competition

vampirchik [111]3 years ago
5 0
Well there's more competition, because you're not the only one who sells bracelets anymore
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The internal rate of return is that discount rate that equates the present value of the cash outflows (or costs) with the presen
Paladinen [302]

Answer:

True

Explanation:

The internal rate of return defines that return in which the net present value is zero that means the initial investment is equivalent to the present value of the yearly cash flows after considering the discounting factor

In other words we can say that the net present value is zero

Hence, the given statement is true

7 0
3 years ago
Jim works in the accounting department at the Kansas Sunflower Corporation, where it is his job to record all transactions into
luda_lava [24]

Answer:

Post the transaction information to the ledger

Explanation:

Usually there about eight steps in the accounting process. The first two steps are:

1. Identification of transactions.

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3 years ago
During 2016, Ayayai Corporation spent $144,000 in research and development costs. As a result, a new product called the New Age
tatyana61 [14]

Answer:

Please see below the journal entries of Ayayai Corporation for the year ending 2016 and 2017 respectively.

Explanation:

Ayayai Corporation

Journal Entries

For the Year ending 2016

Debit: Research & Development Expense $144,000

Credit: Cash $144,000

To record research and development expense.

Debit: Patent $17,400

Credit: Cash $17,400

To record legal cost relating to Patent.

Debit: Amortization Expense $435

Credit: Patent $435

To record amortization expense for the pro rated year.

Ayayai Corporation

Journal Entries

For the Year ending 2017

Debit: Amortization Expense $1,740

Credit: Patent $1,740

To record amortization expense for year.

<em>AMORTIZATION EXPENSE CALCULATION:</em>

Legal Cost = $17,400

Useful Life = 10 Years

Amortization Expense = Legal Cost / Useful Life

Amortization Expense = $17,400 / 10

Amortization Expense = $1,740 per year

But since in 2016 the patent was obtained on October 1, so Ayayai Corporation will have to pro rate the Amortization Expense in 2016 as below:

Amortization Expense = Annual Amortization Expense x No. of months / Total no. of months

Since patent was obtained in October so the No. of months is '3'

Amortization Expense = $1,740 x 3 / 12

Amortization Expense = $435

5 0
3 years ago
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Name three factors that determine a good’s or service’s elasticity.
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Answer:

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Explanation:

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How many of Amway distributors make money
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1.5 million distributors
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