The formula is
I=prt
I interest due ?
P principle 3500
R interest rate 0.05
T time 1 year
I=3,500×0.05×1
I=175
Answer:
B) False
Explanation:
One of the main characteristics of monopolistic competition is that many suppliers sell products that are different from one another, so they cannot be considered perfect substitutes. For example, restaurants usually operate under monopolistic competition since they all offer similar services but at the same time they are all different.
So if you like variety, then you should like monopolistic competition.
Answer:
E. High-involvement.
Explanation:
High involvement management is focused on employee involvement in day-to-day running of the business. Employees are allowed to make decisions about execution of their jobs and participate in other aspects of the business. It reduces negativity an employee bfeels in performing his job because he is involved and makes decisions in the process.
This results in higher productivity and better performance of the firm by improving employee skill and motivation.
Answer: $240,000
Explanation:
An intangible asset is an asset which lacks physical substance. While physical assets include assets like buildings, machinery and financial assets like government securities, the intangible assets are hard to evaluate and they include copyrights, patents, trademarks, franchises, goodwill, and trade names.
From the information provided in the equation, copyrights is $240,000 which is an intangible asset. Therefore, in Randolph's balance sheet, intangible asset should be written as $240,000.
