Answer:
As the Company has received a Cheque of $10,000,000 for payment in full. The Company though have not started the production it can consider such amount and cancel the contract and being a misc Income in its profit and loss account.
Though the product is being sold to an university and such organisation work on No profit no loss situation hence it can consider manufacturing 10 units and selling such units to the university at least the university also does not incur a loss of such a huge amount.
Explanation:
The act of helping others, donating to charity, or volunteering your time, will give you an improved sense of wellbeing. The knowledge that you've sacrificed time and/or money in order to help others in need or create positive change in the world is a beautiful thing. Your monetary donations can go to causes that promote better health, fund medical research, stock food banks or support organizations that fight poverty. Investing in charities is like making an investment towards a better future for your employees and your business
Answer:
A long-term investment.
Explanation:
The land should be classified as a long-term investment.
This is an asset owned by the company, that it intends to keep for more than a year. This asset is usually recorded on the asset side of a company's balance sheet.
It is the opposite of short-term investment which is sold within one year.
Answer:
100 labor will be hired to minimize the costs of producing 200 units of output.
Explanation:
Maximising profit
Profit (Pr) = P*Q - Cost
= P*Q - 5L - 20K
= P*4(LK)^0.5 - 4L - 20K
dPr/dL= P*2(K/L)^0.5 - 4 = 0
dPr/dK = P*2(L/K)^0.5 - 20 =0
We know equilibrium condition
MPL/MPK = w/ r
= 5/20
= 0.25
MPL = 2(K/L)^0.5 MPK = 2(L/K)^0.5
K/L = 0.25
K = 0.25L
200 = 4(0.25L^2)^0.5
=4*0.5*L
L = 100
Therefore, 100 labor will be hired to minimize the costs of producing 200 units of output.
