Answer:
the answer is a. because $150000 is already enough and if there are problems with the truck you can fix it with the money the truck makes so pick truck a.
Answer:
there will be a surplus of retail workers in this labor market.
Explanation:
In the attached diagram the scenario is illustrated.
When the minimum wage is above the equilibrium wage it means that the minimum wage is above what employees are willing to pay workers. So employees will be less wiling to pay this amount.
There will be a reduction in the number of available slots for workers.
On the other hand workers will receive higher wage than they expected but since the slots for work are now limited there will be a surplus of labour in the market
Answer:
b) $24,000
Explanation:
The property dividends are an alternative to cash and stock dividends. Usually because, the firm doesn't have enought cash to give a wealthy dividend so it gives shares of a subsidiary, marketable securities or real state.
They can recognize a gain or sale on the asset, because it will be valued at market value at the time of the distribution. At the time of the distribution, the Oil Corp shares are valued at 24,000 The accounting should represent the reality. This is, dividends were given for 24,000
Adjustment will be made to show the property dividends on 24,000
recognize a gain on oil Corp investmest for 4,000
and the decrease on RE for 24,000
Answer:
$62,600
Explanation:
Net operating income under variable costing = $63,800
Fixed manufacturing overhead cost deferred in inventory = (300 units multiplied by $4) =$1,200
the absorption costing net operating income last year= $63,800 - $1,200 = $62,600
