Answer:
The balance of total assets, total liabilities, and total stockholders' equity is $640,000, $440,000 and $200,000 respectively.
Explanation:
The computation of the balance of total assets, total liabilities, and total stockholders' equity after considering the lease payment is shown below:
For Total assets
= Total assets balance + present value of lease payments
= $600,000 + $40,000
= $640,000
For Total liabilities
= Total liabilities balance + present value of lease payments
= $400,000 + $40,000
= $440,000
And, the total stockholders' equity is $200,000
While computing the stockholder equity, the lease payment does not have an impact on the stockholder equity so the balance would remain the same as before
Answer:
50,500 Units
Explanation:
The computation of the number of units produced is shown below:
Overhead rate is
= $200,000 ÷ 50,000 units
= $4 per unit
The Actual overhead is $222,000
So,
Under applied overhead is $20,000
Now
Applied overhead is
= $222,000 - $20,000
= $202,000
And, finally
Actual unit produced is
= $202000 ÷ 4
= 50,500 Units
Answer:
Complete information
Explanation:
A limiting pricing can be described as a strategy that is employed by an incumbent to prevent entry by maintaining a price lower than the monopoly price.
In situation whereby there is completion information, it will be more difficult for an incumbent to successfully engage in limit pricing because knowledge about the incumbent, the market, product, and others is available to others.
Answer: Your friend wants to open a clothing shop. A necessary capital resource is a <u>place to open the shop.</u>
Explanation: Capital is the element constituted by money and infrastructure, which are needed to take advantage of human and natural resources in the productive process, considered as essential by the capitalists, since without money and other economic resources, companies cannot settle and industries, because they need it to have facilities, furniture, machinery, buy raw materials, pay staff, and so on.
Answer:
D. It would be impossible for employer prejudice to exist in a firm that sells its output in a competitive market unless all rivals also discriminate.
Explanation:
In a competitive market , efficiency of employee is the only factor that is taken into account to meet the challenges of the market . The employer can not afford the cost of being prejudiced against a staff because it only has deleterious effect on the morale of the employee. So in a competitive market ,there is no scope for employer's prejudice.
