Answer:
oil plataform 450,000 debit
ARO liability oil Plataform 450,000 credit
Explanation:
We will recognize the ARO at fair value, and then recongize an interest expense each year to make his balance equal to 1,000,000
The ARO will be capitalized into the oil plataform long-term assets
and depreciate over the past of time.
D. The burden of taxes is much higher on individuals with lower incomes.
Answer: Rate buster
Explanation: Those employees that exceed their performance level beyond the agreed formal rate are called rate buster in scientific management. These are the workers who use their maximum ability while performing a job.
In the given case, Jane performs superior than her fellows even in case of difficult situations.
Hence, from the above we can conclude that Jane should be considered as a rate buster.
Answer: Option b
Explanation: Perfect competition refers to a market structure in which there are large number of small sellers selling identical products in the market. Due to large number of participants no individual firm is able to affect prices on the basis of their operations.
It is not possible earn abnormal profits in such a market structure.
Hence from the above we can conclude that the correct option is B.
