Answer:
The factor market
Explanation:
The factor market refers to buying and selling of factors of production. Factors of production are land, labor, capital, entrepreneurship. Prices of factors of production are determined by interaction of supply and demand forces. By Dave offering his labor, he receives wages as a reward for the factor of production he provides i.e. labor.
Answer:
$136,539.57
Explanation:
The present value of the project can be determined by using the cfj function of a Financial calculator as follows :
$0 CF0
$10,000 CF 1
$23,000 CF2
$33,000 CF3
$42,000 CF4
$55,000 CF5
I/YR = 5 %
Then SHIFT NPV gives $136,539.57
therefore,
the present value of the project is $136,539.57
Answer:
Transaction price of the arrangement for Blair Biotech is $10,000,000.
2) Journal Entries for Blair.
Date Accounts Debit$ Credit$
12/20/2017 Accounts Receivable $10,000,000
License Revenue $10,000,000
01/15/2018 Cash $10,000,000
Accounts Receivable $10,000,000
Explanation:
<span>a) If energy prices go up, manufacturing costs go up, which ultimately increases the price of the notebook. This will also most likely lead to a decrease in quantity, as the manufacturing cost per unit is higher. This is a supply determinant.
b) In theory, the subsidy reduces the cost per unit to the manufacturer, which increases supply and often reduces price, again being a supply-side determinant. In reality, it creates an incentive for notebook manufacturers to keep doing what they are doing, disincentivizing cost-saving developments and alternatives. Why innovate when you can get free government cheese?
Anyway, supply determinant.
c) The price of an inferior good increasing tends to push some demand for superior goods, especially when the income to cost of good ratio remains the same for the inferior good but gets better for the superior one. Demand determinant. </span>
Answer: A. As Expenses
B. No treatment.
Explanation:
A. The $100,000 was not structured and a loan so it will be accounted for as EXPENSES. This means that it will be deducted from the Income for the year from Calhoun's books.
B. A C Corporation is by definition taxed SEPARATELY from it's owners in the United States of America. Seeing as both Corporations were C Corporations, Jonathan as the owner of both companies need not worry about how he should treat the $100,000 payment as he will not ne taxed on it.
