Answer:
$8,013
Explanation:
The computation of the amount of the depreciation expense is shown below:
The net income is
= An addition to retained earnings + cash dividend paid
= $4,221 + $469
= $4,690
Now the earning before tax
= (Net income) ÷ (1 - tax rate)
= ($4,690) ÷(1 - 0.21)
= $5,937
Now the earning before tax and interest is
= $5,937 + $1,300
= $7,237
So, the depreciation expense is
= $30,600 - $15,350 - $7,237
= $8,013
Answer:
d) competitors are similar to monopolists.
Explanation:
Monopolistic competition refers to a condition of the market in which it connects with various irms that are closely linked to each other but sell distinct products.
Also, there is free entry and exit in this market
In case when consumer taste and preferences are different so the monopolistic competitors are the same as the monopolist
hence, the correct option is d.
Answer: C.grown with pesticides and chemical fertilizers
Explanation: We must choose this answer because pesticides and chemical fertilizers are guilty of most allergies and diseases worldwide. The best action you can do is choose 100% natural and organic items certificate on the label, so we make sure that they will be suitable for our consumption without any consequence.
Answer:
When the minimum wage rate is increased by the government by intervention, this means that the coffee company now has to pay more salaries to the employees/workers of the coffee shop. Since cost cutting is one of the main areas of focus of every other company, the coffee shop would try to lay off its workers and that would ultimately result in unemployment. For example, if the coffee shop was paying $50 in total to 10 workers($5 per worker), now as per the new regulation it would still pay $50 in total but to only 7 workers($7 per worker), this means that the coffees shop has unemployed 3 workers due to this. Hence the demand would still be the same for the coffee shop as caffeine is a necessity for the software engineers who work long. Other than that, the supply would also be not really affected but the equilibrium point can be affected as the coffee shop can raise the price of coffee due to the minimum wage payment to its workers.
Hope you understand the point here. Good Luck.
Answer:
Option A is the correct answer,no adjustment is needed.
Explanation:
When related companies sell to each other,the sales transaction is not sales in actual sense,as it is likened to the left hand of an individual exchanging cash with the right hand,in other words, the cash is still owned by the same person.
The same concept is applicable to subsidiaries and parent,the sales recorded from a group perspective is when they sold to external third parties.
When sales happen between related companies, a provision for unrealized profits has to be made to the tune of inventory purchased from related companies not yet sold externally,as the whole of the goods have been to third parties, no such provision or adjustment is required.
