Answer:
in the Other Expenses and Losses section of the income statement.
Explanation:
Firstly, A loss on disposal of a plant asset is an expense.
therefore,
A loss on disposal of a plant asset is reported in the financial statements in the Other Expenses and Losses section of the income statement.
Answer: d. charge a high price to high-value consumers and a low price to low-value consumers
Explanation: Price discrimination as a selling strategy involves charging customers different prices for the same product or service. It is often based on what the seller thinks they can get the customer to agree to and that customers can be asked to pay more or less based on certain demographics or on how they value the product or service on sale. Therefore, for a firm to maximize total profits through price discrimination, it should charge a high price to high-value consumers and a low price to low-value consumers.
Answer:
Green Wave Company
T-Ledger Accounts:
1. Common Stock Account
Jan. 1 Cash Account $35,000
Cash Account
1. Jan. 1 Common Stock $35,000 3. Jan. 9 Equipment $8,300
5. Jan 18 Rental Fees $12,300 7. Jan. 31 Salaries $6,900
<u> </u> Jan. 31 Balance <u>$32,100</u>
<u> $47,300 </u> <u> $47,300</u>
Feb. 1 Balance $32,100
2. Land Account
Jan. 5 Note Payable $20,500
2. Note Payable Account
Jan. 5 Land $20,500
3. Equipment Account
Jan. 9 Cash $8,300
5. Rental Fees Revenue
Jan. 18 Cash $12,300
6. Office Supplies
Jan. 23 Accounts Payable $2,300
6. Accounts Payable
Jan. 23 Office Supplies $2,300
7. Salaries Expense
Jan. 31 Cash $6,900
Explanation:
T-Ledger accounts are ledger accounts in the form of the letter T. It has debit on the left-hand side and credit on the right-hand side. It is an accounting tool for determining balances.
Answer:
There is no basis for trade, as both country has the same opportunity cost. It will not produce benefit from trade
Explanation:
We will check if there is a comparative advantage between country's to know if there is benefit from trade:
<u></u>
<u>Country A</u>
olives opportunity cost:
25/50 = 1/2 = 0.50
Do an olive means renounce to half-unit of pickles
pickes opportunity cost:
50/25 = 2
Do a pickle cost 2 olives for country A
<u>Country B</u>
olives opportunity cost:
65/130 = 1/2 = 0.5
Do an olive means renounce to half-unit of pickles
pickles:
130/65 = 2
each pickle is produce at the expense of 2 olives
Answer:
To Martin Oral b toothbrushes are shopping offerings.
Explanation:
First of all offerings are nothing but the goods and services which are designed by firms in such a way that they deliver values to the consumers.
Shopping offerings are that type of offerings for which a consumer ( like Martin in this case ) would make an effort to do comparison between certain products of two different brands , to see which one is right for him ( like in this case oral b is for Martin ) and that too at the right price.
