Answer:
125 birdhouses per month
Explanation:
Barney=150 birdhouses
Total product=150 birdhouses
If Barney hires Fred
Fred =125 birdhouses
Total product=150+125
=275 birdhouses
Marginal product can be defined as a change in output as a result of a change in variable inputs
It can be calculated as follows
Marginal product=change in total product/change in variable inputs
=275-150/1
=125/1
=125 birdhouses per month
In this situation, the company should Enter a debit of $1.85 in the Cash Over and Short account.
By doing this, the amount of difference will be covered on the adjustment that made on the account and the calculation for the net profit and cash flows will be back to the correct value,
1. Amount of bond liability Balance Sheet
2. Description of bond liability. Footnotes
3. Interest rates associated with bond issuances. Balance sheet
4. Interest paid for the period. Profit and Loss Account
5. Maturity dates associated with bond issuances. Balance sheet.
6. Cash interest paid during the period. cash flow statement.
A balance sheet (also known as a balance sheet or management report) is a personal Or a summary of the organization's financial balance. commercial entity.
Assets, liabilities, and equity are listed as of a specific date (such as the end of the fiscal year). A balance sheet is often referred to as a "snapshot of a company's financial position." of the four basic degrees.
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Germaine is operating in a perfectly competitive market. As there are many competing florists, each selling somewhat unique floral arrangements, earning zero economic profits in the long run.
<h3>What is perfectly competitive market?</h3>
Perfectly competitive market is considered when all the competitors have same items and has no influence on pricing, and companies can enter and exit the market at any moment.
The market without restriction, customers have perfect or complete information, and companies are unable to set prices, according to economic theory.
Thus, the situation is of perfectly competitive market.
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