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3 years ago

In comparing the Cournot equilibrium with the competitive equilibrium,

Business

1 answer:

Over [174]3 years ago

3 0

Answer:

Profit is higher, and output level is lower in Cournot.

Explanation:

Cournot competition is a type of economic model which describes an industry setting whereby firms that produce the same product compete on the amount of product to manufacture.

This type of competition involves more than one firm in which each firm's output decision affects the price of the product in the market. In cournot equilibrum each firm decide on the quantity of products to produce inorder to maximise profit.

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Marlena acquired the following new assets during 2017:

Mila [183]

Answer:

(A) Half-year and (D) Half-year

Explanation:

MACRS stands for Modified Accelerated Cost Recovery System and is the most commonly-used tax depreciation method .Without getting into too much detail, MACRS is accelerated depreciation that allows for a larger deduction while the asset is still new. By comparison, straight-line depreciation gives you the same deduction year after year over the asset's useful life. MACRS cannot be used for intangible property, nor can it be used to depreciate. MACRS convention determines the number of months for which you can claim depreciation during a partial year, either when you first placed the asset in service or when you disposed of it. The mid-month convention only applies to residential rental property, nonresidential real property, and railroad grading or tunnel bore. It simply means that you get a half month's worth of depreciation no matter when that asset was placed into (or taken from) service during that month, whether that was at the beginning, middle, or end of the month. The half-year convention works the same way but instead of the month it goes by the year. In other words, you'll get 6 months' depreciation if the asset was placed into service or disposed of during the year, no matter if it was in January or December.

5 0

3 years ago

_______________ mrp is an mrp system that includes production planning, master production scheduling, and capacity requirements

Diano4ka-milaya [45]

A Tangible mrp is an mrp system that includes those stated

3 0

4 years ago

Transactions that affect earnings do not necessarily affect cash.Identify the effect, if any, that each of the following transac

xeze [42]

Answer:

Effects of Transactions on Cash and Net Income:

Cash Net Income

(a) Purchased $104 of supplies for cash. -$104 $0

(b) Recorded an adjusting entry to record use

of $40 of the above supplies. $0 -$40

(d) Received $995 from customers in payment

of their accounts. $995 $0

(e) Purchased capital asset for cash, $2,635. -$2,635 $0

(f) Recorded depreciation of building for period

used, $710. $0 -$710

Explanation:

a) Data and Analysis:

a. Supplies $104 Cash $104

b. Supplies Expense $40 Supplies $40

c. Accounts receivable $1,432 Sales revenue $1,432

d. Cash $995 Accounts receivable $995

e. Capital asset $2,635 Cash $2,635

f. Depreciation Expense $710 Accumulated Depreciation $710

b) Only transactions that affect Cash have cash effects. Transactions that affect net income are either revenue or expenses. All other transactions that do not affect cash or net income are analyzed according to their basic effect on the accounting equation of assets = liabilities + equity.

3 0

3 years ago

In 2018, Krause Company accrued, for financial statement reporting, estimated losses on disposal of unused plant facilities of $

pashok25 [27]

Answer:

$1,080,000 asset

Explanation:

Net deferred income taxes = Unused plant facilities disposed * Tax rate = $3,600,000 * 30% = $1,080,000 asset

Therefore, $1,080,000 should be reported as net deferred income taxes on Krause's balance sheet at December 31, 2018.

6 0

3 years ago

What are the major benefits to philips of shifting so much of its global production to china?

adell [148]

There were many major benefits to philips of shifting so much of its global production to china.

China is an attractive production location for Philips. Perhaps the most important benefits to philips is the country’s cheap wages. In addition, the Chinese workforce is well educated, the economy is strong, and many of the company’s suppliers are doing business there.

Using China as a global supply base from which to serve the world offers several benefits to Philips. By having a single production location, the company can capitalize on costs savings that come from economies of scale as well as the low wages in China.

To learn more about benefits to Philips here

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7 0

2 years ago