Answer:
False
Explanation:
"Microeconomics" is the branch of economic theory that deals with behavior and decision making by small units such as individuals and firms.
However, Macroeconomics deal with structural analysis of the economy as a whole.
Answer: $37.5 million
Explanation:
The next year's net income for XYZ will be calculated as follows:
Current sales = $300 million
Current Profit margin = 10%
Sales Growth rate = 25%
The next year's sales will be:
= Current Year's Sales × (1 + Sales Growth rate)
= $300 million × (1 + 0.25)
= $300 million × 1.25
= $375 million
Next Year's Net Income will then be:
= $375 million × 10%
= $37.5 million
Answer:
B. Finished Goods Inventory; Debit
Explanation:
A manufacturing company completed work on a job. The cost of the job is transferred into finished goods Inventory with a debit.
Answer:
<em> 1. The declaration is true
</em>
This is because the government often states the technology throughout the command and control legislation which the companies should use in the manufacturing.
<em> 2. This statement is false.
</em>
This is because laws on command and control are still not effectively enforced to reduce pollution, and there are therefore numerous deficiencies.
<em> 3. This statement is false.
</em>
This is because command and control are often not versatile, since all polluters require the same technology to control pollution and the same standards. It doesn't distinguish between the companies that find it easy or expensive to meet pollution standards.
Answer:
C. $5,560.
Explanation:
Ace Co. has sold King Co. at 8% rate, we will use this rate annuity which is 3.992 to find Present value of payments by King Co on this note.
Present value of payment = $20,000 / 3.992
PV = $5,010.
Total payments = $5,010 * 5 years = $25,050
Present value of note = $5010 * 3.890 = $19488.9
Total revenue earned by King Co. = $25,050 - $19,489
Total revenue earned by King Co. = $5,560.