Answer:b. positive and increasing at an increasing rate
The reason for this is that marginal cost is the extra cost of producing an extra unit so when the marginal cost curve is increasing it means that the total cost will increase faster then before because making a new product costs more than the previous one.
Explanation:
Answer:
$5,100
Explanation:
Initial cash balance (IB) = $32,500
Expected cash receipts (EC) = $48,500.
Cash disbursements (CD) = $56,100
Amount borrowed (B) = ?
Assuming that the final balance must equal at least $30,000, the cash flow for april is given by:
![\$30,000 = IB +EC-CD+B \\B= \$30,000 -\$32,500-$48,500+\$56,100\\B=\$5,100](https://tex.z-dn.net/?f=%5C%2430%2C000%20%3D%20IB%20%2BEC-CD%2BB%20%5C%5CB%3D%20%5C%2430%2C000%20-%5C%2432%2C500-%2448%2C500%2B%5C%2456%2C100%5C%5CB%3D%5C%245%2C100)
Sit Down Corporation will need to borrow $5,100 during April to maintain a minimum cash balance of $30,000.
Answer:
D) accounts receivable subsidiary ledger
Explanation:
The accounts receivable subsidiary ledger contains all the customer account activities including sales and any returns. By summarizing all of the customers' information in this subsidiary ledger account, the company can track sales records of all its clients including those who pay in cash. If the sales is made on cash, the accounts receivable is immediately credited and cash debited.
Answer:
A loss of $1400
Explanation:
The double-declining method uses twice the straight-line depreciation method rate in calculating the depreciation amount.
The asset has a useful life of 5 years. The straight-line depreciation rate = 1/5 x 100
=20%.
The double-declining rate will be 40%
The depreciation schedule for two years will be as follows.
Open. Bal Dep. rate Dep. Amount Book value
$27,500 40% $11,000 $16,500.00
$16,500 40% $6,600 $9,900.00
The equipment was sold for $8,500
net gain or loss will be the selling price - book value
=$8,500 - $9,900
=- $1,400
A loss of $1400