Answer:
The answer is D. All of the above are plausible
Explanation:
A. Opportunity costs are relatively low is reasonable because as football game is taking place, most of the local people will go to the field to enjoy the field rather than spending their time at local shops/restaurants. Moreover, there are not many people from other towns visiting these facilities because of far distance.
B. is reasonable because it is high school football not professional football so the expenses spent on watching the game is low.
C. is is plausible because these towns are quite remote so watching their young neighbors/relatives playing may be one of the few entertainment choices available to them in weekend.
=> So, the answer is D.
Reducing the duration of patent law protection. This would allow firms to recover the costs associated with developing a new product but prevent firms from earning outlandish profits.
Answer: Option D.
<u>Explanation:</u>
The major motive and aim of patent is to increase and encourage the motivation of the producers to innovate and produce new things which can increase the efficiency in the process of production. This is done to increase the innovation.
But if the time of patent of a particular good is reduced then the firm will be able to cover it's cost on the innovation but it would not lead to any kind of inefficiencies as others will also be able to use it after patent is over.
Answer:
Total cost of front end loader in asset account $ 114,600
Explanation:
Computation of total costs of front end loader
List price of equipment $ 117,270
Discount on cash payment = 5.5 % ( $ 117,270 * 5.5 %) <u>$ ( 6,450)</u>
Net price of equipment $ 110,820
Freight in costs $ 2,790
Calibration costs <u>$ 990</u>
Total cost of front end loader in asset account $ 114,600
The other data items such as the loader salary and additional insurance
premium are annual costs and are thus not to be added to the cost of the equipment.
Answer:
1,000
and 1,000
Explanation:
The loan rate is 8,5%
85/1000 = 8.5
The market rate is 8.5
So the loan should be sold at 1,000 which is the face value of the loan, because there is no difference between the market rate and the loan rate.
This can be calculated anyway to prove it:
present value of the annuity of $85 during 8 years at 8.5% market rate
C 85
time 8
rate 0.085
PV $479.3306
Present value of the maturity date:
Maturity 1000
time 8
rate 0.085
PV $520.6694
Total present value
PV c $479.3306
PV m $520.6694
Total $1,000.0000
Answer:
The gain is subtracted from net income in the operating activities section
Explanation:
Given that
Sale value of an equipment = $230,000
And, the gain on the sale = $45,000
So by considering the above information
We can say that the Sale value of an equipment is shown in the investing activities as a cash inflow while the gain on the sale is to be subtracted from the net income in the operating activities and if there is a loss than it would be added to the net income
