Answer:
(C) Unaffected.
Explanation:
This is a change in estimate. No prior period adjustment is needed.
I guess the closest answer is $31,060.
If you purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment. Therefore you can sell the land for in 10 years in $31,060.
Answer:
Dr Land $146,440
Cr Common stock (3,380 shares×$12 par value) $40,560
Cr Paid in Capital in excess of Par common stock $105,880
Explanation:
Arasota Company Journal entry
Dr Land $146,440
Cr Common stock (3,380 shares×$12 par value) $40,560
Cr Paid in Capital in excess of Par common stock $105,880
Answer:
It may be more expensive and time-consuming than using an intermediary
Explanation:
Direct selling makes it hard to reach new customers and also entails spending an extensive time in trying to convince prospective customers before sales is made. Sadly, in some situations, some prospects do not buy in on the intended product and thus, no sale is made and time wasted.
<span>One criticism against the ‘supply-slide’ cuts in the marginal
tax rates is that they fail to increase the aggregate supply in a more rapid
way, in which are the goods and services in total that are available in the
market and that they fail to increase it more than of the aggregate demand
which is the goods and services’ final demand.</span>
