Answer:
The correct answer is option A.
Explanation:
In an oligopoly market there are a small number of firms, who are interdependent on each other. The price and output of each firm affects the other firms. There is high degree of competition.
In this situation, producer's agreement to restrict output tends to be unstable. Each firms wants to earn more profits. Profits can be increased by reducing costs and increasing revenue.
So, each firm will have an incentive to produce more than its output quota, in order to earn higher profits.
Answer: Option B
Explanation: In simple words, financing activities refers to the activities which are focused towards financing the operations of the business. These activities generally involves transactions in equity or debt securities etc.
Issuing common stock to stockholders will bring fund to the company and also will bring a change in the capital structure of the company. All the other options describe the operating and investing activities of the business.
Thus, from the above we can conclude that the correct option is B.
Answer:
$63,800
Explanation:
May purchases $57,000
June $74,000
July $89,000
Payment schedule 40% for the current month and 60 % the following month
The budget for June will be
40 % of June purchases plus 60% of May purchases
=(40/100 x 74,000) +(60/100 x 57,000)
=(0.4 x 74,000) + 0.6 x 57,000)
=29,600 + 34,200
=$63,800
The fact that Norma Inc. uses a perpetual inventory system means that when a sale is recorded, the company should:
- b. decrease an asset and increase an expense.
- c. increase an asset and increase revenue.
<h3>What happens when a sale is made?</h3>
The revenue account should be increased because a sale brings money into the business. Cash or Account Receivables should also increase depending on is the sale was a cash or credit sale.
Cost of goods sold would increase as well and it is an expense. The asset of inventory would decrease to show that there is less inventory on account of the sale.
Options for this question are:
a. decrease an asset and decrease revenue
b. decrease an asset and increase an expense
c. increase an asset and increase revenue
d. increase an asset and decrease an expense
Find out more on the perpetual inventory system at brainly.com/question/25014592.
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Answer:
$54.95 interest income
Explanation:
We look int othe legal tables to recognize income in this type of annuities considering the age of each participant
Table VI - Ordinary Joint Life and Last Survivor Annuities; Two Lives - Expected Return Multiples
multiplier at cross 75 / 70 : 18.8
we take the annual income of 700 x 12 = 8,400
and multiply by the 18.8 = 157,920
now we solve for part of capital and interest:
145,530/157,920 = 0.92154 = 92.15%
principal returns are 92.15% while interest the remaining 7.85%
700 x 7.85% interest = $54.95 interest income