Answer:
The income effect
Explanation:
The income effect refers to an increase in the purchasing power of customers simply because the products or services that they want to buy are cheaper. Since the price of the products or services decreases, the customers are able to purchase a higher quantity of them.
Answer:
d. Assets understated by $670.000, liabilities understated by $234,500 and shareholders' equity understated by $435,500
Explanation:
Assets in Inventory will be understated by $670.000, this will also understate the tax payable to authorities by $234,500 because profits will be understated and equity will be understated by $435,500.
Answer:
the lowest operating cost is achieved when mine 1 is operated for 0 hours and mine 2 is operated for 2 hours.
Explanation:
Mining hours of mine 1: M1
mining hours of mine 2: M2
Objective function: Minimize operating cost < 200M1 + 160 M2
Explicit constraints:
6M1 + 2M2 ≥ 12
2M1+ 2M2≥ 8
4M1+ 12M2 ≥ 24
Implicit constraints:
M1> 0
M2>0
See the attachment for feasible region
The coordinates of feasible region are (0,0), (2,0),(0,2),(1.5,1.5)
To maximize cost substitute each of these coordinates in objective function
for(0,0)
cost=0 (neglect this cost since M1>0 and M2 >0)
for(2,0)
cost= 320
for (0,2)
cost= 400
for (1.5,1.5)
cost= 540
the lowest operating cost is achieved when mine 1 is operated for 0 hours and mine 2 is operated for 2 hours
The new system may not operate as intended, but other insurance companies have found success using this strategy despite employee doubts. The new initiative at Indigo Insurance is a cutting-edge transformation.
An opening maneuver took charge and tried to resolve the problem is called initiative. Taking up an additional duty in work, college, school, or home. Initiative means adopting a new pastime or interest. doing what you know is healthy for you, even if it means stepping outside of your comfort zone is called initiative. A way to control your risk is through insurance. When you obtain insurance, you safeguard yourself against unforeseen financial losses. If something unfavorable occurs to you, the insurance company pays you or a person of your choice. If an accident occurs and you don't have insurance, you can be liable for all expenses.
Learn more about insurance here
brainly.com/question/27822778
#SPJ4
Answer:
$6,100
Explanation:
Data given in the question
Accumulated benefit obligation = $45,900
Projected benefit obligation = $68,100
Fair value of the plan assets = $62,000
So, by considering the above information, the benefit plan recognized is
= Projected benefit obligation - fair value of the plan assets
= $68,100 - $62,000
= $6,100
Hence, the accumulated benefit obligation is ignored
