Answer:
b. $11250
Explanation:
Capitalized Cost of Equipment = $175,000
Life of Assets = 10 years
Residual value = $25,000
Depreciable value = Cost - Salvage value
Depreciable value = $175,000 - $25,000
Depreciable value = $150,000
Depreciation per year = Depreciable value / Life of assets
Depreciation per year = $150,000/10 years
Depreciation per year = $15,000
Depreciation from April to December 2021 = $15,000*9/12
Depreciation from April to December 2021 = $11,250
Answer: c. Marginal Cost
Explanation:
A Competitive firm operates in a market where they are price takers. This means that the price they charge is equal to both their average revenue and their Marginal Revenue.
P = MR = AR
Companies maximise profit at a point where Marginal Revenue equals Marginal Cost because at this point, resources are being fully utilized.
If the Competitive firm's Price is the same as its Marginal Revenue this means that to maximise profits, the firm should choose an output level where the price is equal to the marginal cost.
Answer:
1.Contract is express
2.Contract executory
Please explanation below.
Explanation:
1)Contract is Expressed
Expressed contract consist of agreement in which terms are stated by parties either orally or in written .
2) The contract is executory
Since contract is performed only by Santonio and since Ramona will make payment on 1 june ,on 31 may it is still to be performed by ramona so the contract is executory (only part performance is made) .An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract in which both sides still have important performance remaining.
Answer:
$ 102,100
Explanation:
Based on the scenario been described in the question the incremental Analysis for replacement of old equipment:
Cost of New used lift
$ 190,500
Saving in Incremental Cost of Repair of old lift
$ (45,000)
Reduction in Annual operating expenses = $25,600 * 6 years
$ (153,600)
Annual Rent revenue from new used lift = $11,000*6 years
$ (66,000)
Sale price of old lift
$ (28,000)
Saving in Incremental Costs
$ (102,100)
Net income increase
$ 102,100
Hence, the net income shall increase by $102,100 if the old liftis replaced.
According to Maslow's hierachy of needs, the most important hierarchy for Raj is esteem, which symbolizes the individual's desire to be valued by himself and others in society and the workplace.
Maslow developed the pyramid of the hierarchy of human needs, with the aim of explaining how individuals are moved to take actions to meet their needs according to a pre-established order.
The pyramid of needs is divided into five parts, and comprises the most basic needs, which are biological, to the most complex, which are psychological needs. Are the:
- Physiological needs.
- Safety needs.
- Love and belonging.
- Esteem.
- Self-actualization.
Therefore, Raj finds himself in the esteem stage, where he is looking for respect, status and recognition. When his esteem needs are met, he will move into the self-actualization hierarchy, where he will demonstrate greater creativity, talent, and personal development.
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