Answer:
Journal Entry
Explanation:
The Journal Entry is shown below:-
Bad debt expense Dr, $180
To Accounts receivable $180
(Being bad debt expenses is recorded)
Working Note:-
Bad debt expense = $6,000 × 3% = $180 is estimated
Therefore for recording the bad debt expenses we debited bad debt and credited accounts receivable.
Firms in the oligopoly typically act more like competitors.
Explanation:
The result of a prisoner's dilemma in a duopoly is often that even though firm A and B could make the highest combined profits by cooperating, in producing lower level of output and act like a monopolist. The two firms end with an increasing output and earn only $400 in each profits.
Since the number of sellers in an oligopoly grows larger, the market looks like a competitive market. There are more chances to get incentive or cheat if the person or firm cooperated.
The prisoner's dilemma is a game that tells why cooperation is difficult to maintain for oligopolists. in this game the strategy of each actor is to defect.
Answer:
you can find this in google but idk if its correct
Explanation:
Answer:
The answer is: A) In a successful purchase, every stage in the process has to happen.
Explanation:
Sometimes we as customers don´t have the time or are unable to follow all the stages in the consumer decision process. Many times it depends on what need we want to satisfy. For instance, if we are hungry or thirsty we might decide to eat at the first restaurant we find. It doesn´t mean we made a bad choice, it simply happened that way because we didn´t have time to research about all the restaurants in the area and then evaluate and decide which one was the best for us. Many daily purchases are part of our daily routine. Imagine how many hours we would spend at a grocery store if we had to follow every step of the process.
On the other hand, if I´m searching for a new house, I will follow steps one through five several times, over and over again until I finally decide which house to buy.
Answer:
$20 million
Explanation:
The net of accumulated depreciation is the cost of the road minus accumulated depreciation till date.
Accumulated depreciation=yearly depreciation* 20 years
yearly depreciation=cost/useful life
cost is $30 million
useful life is 60 years
yearly depreciation=$30 million/60 years=$500,000 per yer
accumulated depreciation=$500,000*20=$10 millon
net of accumulated depreciation=$30 million-$10 million
net of accumulated depreciation=$20 million
As a result,option A is the correct answer
