Answer: A- Revenue under the installment sales method, as soon as it has assisted Steffi in setting up the store.
Explanation: The installment sales method is a method of accounting accepted under the US Gaap. It is a method were revenue is recorded in instalments and the cost of sales and gross profit recognised upon the collection of the installment revenue.
It is a method of accounting used mainly by construction companies whose revenue are not received once but in installments.
Answer:
2) all of the partners in proportion to their shares of the profits
Explanation:
Partnership refers to a mutual agreement between two or more individuals, deciding to carry on a business and share it's risks and rewards in the profit sharing ratio as stipulated, or as provided in the partnership deed.
Upon retirement or death of any of the partners, the partnership is said to have been dissolved. Upon dissolution, the profits and losses arising consequently shall be shared by the remaining partners in their profit sharing ratio. A firm may decide to voluntarily dissolve too.
In the given case, upon dissolution, liabilities exceed assets and thus indicate a loss.
This loss shall be borne by all of the partners in their profit sharing ratio and not in the ratio of their capitals.
Answer:
11,513
Explanation:
Data provided in the question:
Initial bacteria = 200
Growth rate r(t) = 
Now,
Total growth after 3 hours = 
or
Total growth after 3 hours = 
or
Total growth after 3 hours =![450.268[\frac{e^{1.12567t}}{1.12567}]^3_0](https://tex.z-dn.net/?f=450.268%5B%5Cfrac%7Be%5E%7B1.12567t%7D%7D%7B1.12567%7D%5D%5E3_0)
[ ∵
]
Thus,
Total growth after 3 hours = 400 × ![[{e^{1.12567t}]^3_0](https://tex.z-dn.net/?f=%5B%7Be%5E%7B1.12567t%7D%5D%5E3_0)
or
Total growth after 3 hours = 400 × ![[{e^{1.12567(3)}-e^{1.12567(0)}]](https://tex.z-dn.net/?f=%5B%7Be%5E%7B1.12567%283%29%7D-e%5E%7B1.12567%280%29%7D%5D)
or
Total growth after 3 hours ≈ 11313
Hence,
Total bacteria after 3 hours = Initial bacteria + Total growth after 3 hours
= 200 + 11313
= 11,513
Answer:
A. average total cost is rising.
Explanation:
Whenever marginal cost is more than average cost it means it costs more to produce a unit now compared to the average cost of the previous units. Lets assume that a company produces 3 units of a good.
The first unit costs $1
The second unit costs $2
The third unit costs $3.
The average cost is (1+2+3)/3=2
Now if the marginal cost for producing a unit is more than the average cost for example if the marginal cost is 4, then this will mean that average total cost is rising. we can mathematically check this.
The first unit costs $1
The second unit costs $2
The third unit costs $3.
The fourth unit costs $4
Average cost= (1+2+3+4)/4=10/4=2.5
Here we see that the average cost increased from 2 to 2.5 because marginal cost was greater than average cost.
Answer: variable; fixed
Explanation: In the short run, Kyoko's workers are variable inputs. This is because, the number of workers needed can be varied based on production needs, even in the short run. Examples are energy, labor etc.
Kyoko's ovens are fixed inputs. Fixed inputs are those inputs whose quantities cannot be changed in the short run by a firm as it seeks to change the quantity of output produced. Examples are equipment, land and building.