<span>The best explanation for Khalil's improved performance when he was taking the herbal medicine is the Placebo Effect. Sugar and basil leaves in the amount that a medicine dose contains would not have any significant effect on Khalil's performance, but the placebo effect can cause someone to see improvements from a placebo (a treatment with no active effect) simply because they expect to see improvements. Since Khalil expected improvements from taking the medicine, he might have perceived improvements from the placebo effect even though the medicine had no real effect.</span>
Answer and Explanation:
1. The amount of goodwill is shown below:
= Purchase price - the market value of net assets
= $6,000,000 - ($17,000,000 + $13,000,000)
= $2,000,000
2. Now the journal entry for purchase is
Assets $17,000,000
Goodwill $2,000,000
To Liabilities $13,000,000
To Cash $6,000,000
(Being the purchase is recorded)
For recording this we debited the assets and goodwill as it increased the assets and credited the liabilities and cash as it also increased the liabilities and decreased the assets
Answer:
Is better to continue the production of the component as currently is taking allocated overhead from other department. Buying will inccur in a financial disadvangate of 25,000
Explanation:
<u>Make</u>
Direct cost:
DM 120,000
DL 25,000
VMO <u> 45,000 </u>
Total Variable: 185,000
Tracable fixed cost: 5,000
Total cost: 190,000
<u>Buy option:</u>
purchase 190,000
unavoidable cost: (30,000 - 5,000) = 25,000
Total cost: 215,000
Answer:
The special order should be : Accepted
Explanation:
<u>Analysis of whether or not to accept special order</u>
Revenues (3,000 x $25) $75,000
Less Variable expenses :
Costs - Manufacturing (3,000 x $20) ($60,000)
Shipping (3,000 x $3) ($9,000)
Net Income $6,000
Conclusion :
Since Net Income has increased by $6,000 as a result of special order, it should be accepted
One of the features of the new approach is that, now BEA uses the geometric average of fixed weight indexes and uses two base years to calculate the growth rate of real GDP between two consecutive years.
Explanation:
In both actual and nominal GDP, the U.S. Economic Analysis Department results. It estimates the real United States. GDP is a fixed base year annual rate. Imports and international sales from American businesses and people are exempt.
GDP reflects the degree to which the economy generates production. Global warming is not generated and not part of GDP. The effect of environmental damage is not measured accurately. The loss should not be included in GDP and the calculation of environmental damage has not been accepted.
