Answer:
Explanation:
The journal entry is shown below:
On July 1
Treasury stock A/c Dr $5,280
To Cash A/c $5,280
(Being purchase of treasury stock for cash is recorded)
The computation is shown below:
= Number of shares purchased × cash price per share
= 440 shares × $12
= $5,280
All other information which is given is not relevant. Hence, ignored it
Answer:
The standard deduction is a specific dollar amount that reduces your taxable income. For the 2021 tax year, the standard deduction is $12,550 for single filers and married filing separately, $25,100 for joint filers and $18,800 for head of household.
Explanation:
You could be a coach of some sort or you could try to be a profesinal athlete or you could be a triner
Answer:
Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.
Explanation:
From the question, we have the following restated equation:

Where q is the output, and L and K are inputs
To determine the types of returns to scale, we increase each of L and K inputs by constant amount c as follows:

We can now solve as follows;


Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.