Answer:
d. $90,000, $60,000, $30,000 respectively.
Explanation:
The computation of price allocated is shown below:-
Ratio of values $90,000 : $60,000 : $30,000
= 3 : 2 : 1
Total cost = $180,000
Equipment = $180,000 × 3 ÷ 6
= $90,000
Installation= $180,000 × 2 ÷ 6
= $60,000
Training = $180,000 × 1 ÷ 6
= $30,000
Therefore the Equipment, Installation, Training is $90,000, $60,000, $30,000 respectively.
<span>c. common resources are rival in consumption.
In the tragedy of the commons, William Forster Lloyd presented the example of a common resource being over used and destroyed because for any individual abusing the resource, they gained a benefit while the damage to the resource was paid by everyone.
So let's look at the available options and see what makes sense, or doesn't make sense.
a. people consider the value of resources in the future more than in the present.
* If this were true, the there wouldn't be a tragedy of the commons. So this is an incorrect answer.
b. markets do not account for the presence of property rights.
* The tragedy of the commons doesn't involve property rights. EVERYONE in the community is allowed to use the commons. The problem is irresponsible overuse of the common resource. So this is also an incorrect answer.
c. common resources are rival in consumption.
* This is the correct answer. The concept of Rivalry is where a common resource can not be simultaneous consumed by multiple users, or if the consumption of a resource decreases its utility to another consumer. In the tragedy, if one person grazes (consumes) more than their fair share, the commons gets over grazed and over time stops producing. Each person who's overgrazing does get a tangible short term benefit for doing so, but everyone has to pay the cost.
d. government does not efficiently allocate society's scarce resources.
* This is also a wrong answer. It's true that the commons could be regulated by the government, but then it would no longer be the commons.</span>
Answer:
$362,500
Explanation:
The computation of the LNS corporation taxable income is shown below:
Book revenue reported amount $2,940,000
Less: Tax-exempt interest income -$17,500
Less: Ordinary and necessary business expenses -$2,560,000
Taxable income $362,500
The taxable income is computed after deducting the tax exempt interest income and the deductions from the book revenue reported amount
Answer:
C. Increases the desired behavior
Explanation:
Positive reinforcement increases the desired behavior. Positive reinforcement happens when we assign or give something to our subject when they perform something good or desired. We link that reward with their behavior so they try doing it frequently. Reward is known as reinforcing stimulus here. For example, when father gives her daughter praise for doing homework and when little girl gets $5 for each A grades she earns on her report card.
Answer:
The answer is: Salaries and Wages Payable
Explanation:
The accrual principle states that transactions must be recorded on the periods when they occur, and not necessarily when cash flows are associated with them.
This is basic and fundamental for recording expenses, they have to be recorded when they actually happen, not when they are paid for. For example, your company buys a new supplies this month but pays for them with a check due in 45 days. This operation must be recorded today, not in 45 days.