D) as closing entries are apart og the accounting cycle, and only temporary accounts like expenses are closed.
Answer:
d. economic contraction
Explanation:
Contraction is in economics means it is business cycle phase where the overall economu should be fall. Also the contraction should arise when the cycle of the business is in peak but it should be prior to became as a trough
So at the time of economic contraction, the company normally took the measures of the cost cutting
So as per the given situation, the option d is correct
Answer:
<u>$50</u>
<u>Explanation</u>:
In the production function, Q = K0.5L0.5,
K denotes the fixed input in the short run.
First, we calculate the total cost:
Cost of Capital= 25 x $1 = $25
Cost of Labor (for a start 25 workers are used)= 25 x $1 = $25
Total= $50
Since the price of the solar panels is $100, substrating from the total cost $50 (100-50) we get $50 profit per unit of solar panel.
Answer:
the firm's ROE is 20%
Explanation:
The tax burden is 0.9
The interest burden is 0.6
The return on sales margin is 13%
The turnover ratio is 2.62
The leverage ratio is 1.1
Calculate the ROE
ROE = 0.9 * 0.6 * 0.13 * 2.62 * 1.1
=0.2 or 20%