The correct answer for the question that is being presented above is this one: "a) $11." The costs of production of a perfectly competitive soybean farmer are given in the table. The shut-down price for this firm is $11.
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The correct answer for the question that is being presented above is this one: "</span>a) establishing control over diamond mines." De Beers became a monopoly by <span>establishing control over diamond mines</span>
Answer:
net income 3,140
CI = 0
OCI = 5,320
Accumuated OCI = 5,320
Explanation:
the trade securities wil be valued at fair market. the interest on bonds will be recognize as earnings. The holding gains will be part of other comprehensive income until the bonds are sold.
interest revenue 3,140 part of net income
unrealized holding gain 5,320 part of OCI
the OCI will be disclosure on the income statement
while the accumulated OCI on the balance sheet.
Answer:
Christie's share is $104500 while Jergens share is $48500. Thus, the first option is the correct answer.
Explanation:
The appropriation of net income among the partners will be as follows,
$ $
Net Income $153000
<u>Less: Salary to Partner</u>
Christie (66000)
<u>Less:Interest on Capital</u>
Christie 36000
Jergens <u>46000 (82000)</u>
Remaining Profit 5000
<u>Distribution of Remaining Profit</u>
Christie (5000/2 = 2500) 2500
Jergens (5000/2 =2500) <u>2500</u>
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Christie's Share = 66000 + 36000 + 2500 = $104500
Jergen's share = 46000 + 2500 = $48500
Answer:
I used an Excel spreadsheet to calculate R² which gives us the least squares trend. See attached image.
y = 360x + 1600
R² = 0,9529
next year's enrollment should be = (360 x 5) + 1600 = 3400
Answer:
The aswer is A, rescind.
Explanation:
Contract rescission refers to the termination or cancellation of a contract. It is sometimes called “cancellation” or “overturning”. The word rescission comes from the word “rescind” which means to cancel or annul. The purpose of contract rescission is to restore the parties to their original status before the contract was made (the “status quo ante”).
Contracts must be rescinded entirely; that is, the entire contract must be cancelled, not just one part. If only a portion of the contract is to be cancelled, this is usually accomplished under contract reformation laws, not rescission laws. Rescission is often available as a remedy in cases where there are issues with the way that the contract was formed.