1 True
2 False - Must be accrual basis
3 True
4 True
5 True
Answer:
$5,450
Explanation:
Data provided in the question:
List price of the machinery = $88,000
Discount offered = 10%
Amount of discount = 10% of $88,000
= 0.1 × $88,000
= $8,800
Shipping paid = $400
Sales tax = $4,900
Useful life = 10 years
Residual value = $30,000
Now,
Total cost of the machine = List price - Discount + Shipping + sales tax
= $88,000 - $8,800 + $400 + $4,900
= $84,500
Annual depreciation using straight line method is given as:
= 
= 
= $5,450
Answer: Differentiable criterion
Explanation: In simple words, differentiable criterion refers to the phenomenon of market segments in which the producing entity differentiates its product on the basis of different customer base. The base can be set on the criteria of any factor like gender , age group or religion etc.
Under this criterion the producing entity produces the product by taking special considerations to the preferences of that particular customer group. In the given case two separate groups are responding similarly to a single product, hence, it fails differentiable criteria.
Answer:
a). A. decrease the length of your showers
B. turn water off while brushing your teeth
b). does
Explanation:
When the cost of the tap water increases and it gets triple, following some of the practices can help reduce the cost of the tape water used and it will also reduce the consumption of water. Some of the changes that I can include are:
-- I can lower the length of the shower so that less amount of water is used and more water is saved.
-- It is a good habit to turn off the water while we are brushing and only turn on the tape or open the tape whenever it is necessary. In this way we can prevent wasting water and reduce our water consumption.
Thus we can say that the consumption of the tape water does obey the law of demand.
