Answer: Option A
Explanation: The given case relates to the problem of dissolution of partnership and not the dissolution of firm.
In case of dissolution of partnership only the existing agreement among the partners ceases to exist due to leaving or joining of new partners and a new agreement takes place among the existing partners.
In such a case, the account balance of the partner remains same. It changes in case of dissolution of firm.
Hence the correct option is A.
Answer:
The following statements are true:
c. A potential energy function can be specified for a conservative force.
e.A conservative force permits a two-way conversion between kinetic and potential energies.
f. The work done by a non-conservative force depends on the path taken.
Explanation:
- The statement a is incorrect as the work done by a conservative force does not depend upon the the path taken instead work done by a non- conservative force depend upon the path taken.
- The statement b is incorrect as the potential energy function can not be specified for a non-conservative force but it is specified for a conservative force.
- The statement d is also incorrect as the non-conservative force doesn't permits a two way conversion between Kinetic and Potential energies but the conservative force permits this conversion.
Assuming the options
are:
a. Yes, because it is
good business to maximize profits, and those Foreign citizens are better off with
a job than without one.
b. No, because Gamma
has an ethical obligation to make sure that people who work For them, either
directly or indirectly, are being treated Fairly.
c. No, because Gamma
has a legal and ethical duty to make sure that foreign suppliers maintain
working conditions that meet or exceed American standards.
d. Yes, because Gamma
cannot be expected to investigate and oversee all of their suppliers, and Gamma
is not doing anything wrong
The answer is B. Gamma
has a responsibility to ensure that its workers, including those working
indirectly for the company, are being treated fairly. This is a key ethical
concept in international business, and often a source of controversy, as many
large American companies outsource low-cost labor, and often the conditions
that these employees work in are far from fair.
Answer and Explanation:
The journal entry is given below:
Inventory (10% of $600,000) $60,000
To Accumulated Depletion $60,000
(Being the 10% of the total timber cutted be recorded)
Here the inventory is debited as it increased the assets and credited the accumulated depletion as it decreased the assets
Answer:
South American country should lower price
Explanation:
The elasticity of demand can be computed by finding the derivative of the demand function as D(p)=75-3*p^2
the elasticity of demand=-p*D'(p)/D(p)
D'(p) is the derivative of D(p)
elasticity of demand=-p*d/dp(75-3p^2)/(75-3p^2)
d/dp(75-3p^2)=0-(2*3p^2-1)
=-6p
elasticity of demand=-p*-6p/75-3p^2)
=6p^2/(75-3p^2)
since p=$3
elasticity of demand=6*(3^2)/(75-3(3^2)
=6*9/(75-3*9)
=54/(75-27)
=1.125
Since elastic of demand is greater than 1 , a reduction in price would lead more revenues as more small % change reduction in price would bring about more % increase in quantity demanded
