Answer:
C. Shut down the presses printing my book
Explanation:
Since the average variable cost of producing the book is above the demand curve, the best course of action is to shut down the printing (production) of more books. The author would lose less money by shutting down operations rather than continuing production at a variable cost higher than the demand he's receiving for the books.
In economics, when profit is less than the average variable cost, firms are advised to stop production in the short run and incur economic loss on fixed inputs. This is because with continued operations, total revenue would not only be lower than total cost, but rather, would also be less than total variable cost.
A hanging wall is a block of crust that is located above a fault plane hint for identification if a person were able to sand on the fault plane they could hang on to the hanging wall fault blocks. represent blocks of Earth crust
The adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.
<h3 /><h3>Unearned rent</h3>
Based on the information given the appropriate adjusting entry required for unearned rent on December 31, 20Y1 is:
31 December
Debit Unearned rental revenue $16,296
Credit Rental revenue $16,296
($39,110×5/12)
(To record unearned rent)
Inconclusion the adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.
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Answer
This new position as a first line manager will require him to operate his departments. This role requires him to assign tasks, manage the work flow, monitor the quality of work, solve the employees problems and keep informing the middle and executive managers on challenges and success on the ground level of the company.
Explanations
First-line managers provide firsthand information on true challenges and can offer better and workable solutions. This is because they have the immediate view of the outcomes of the policies, strategies, marketing approaches and production capabilities of the company. They have the ear of upper managers, where they will offer solutions that can improve the processes in the company and the procedures. In addition to that, first-line managers are expected by the work-group employees to protect them from policies and initiatives which are unreasonable.
Answer:
B. $1,989.75
Explanation:
Cost of option (C) = $510.25
Option selling price (Po) = $85 per share
Share price when selling (Ps) = $60 per share
Number of shares (n) = 100 shares
Since the option allows you to sell shares that are valued at $60 for at $85 each, by selling 100 shares, your total earnings are:
To find the pre-tax net profit (P), subtract the amount paid for the options from your earnings:
