Answer:
short-term
Explanation:
Based on the information provided within the question it can be said that the duration of this economic condition will likely be short-term. Meaning that it will only last a small amount of time, mostly because this is a problem that needs to / and can be solved in order to increase the economic production to full potential and increase firm revenue.
Answer:
Loss = $122,881
Explanation:
Relevant Data provided
Bay Back Price of the bond = $103,000
Carrying value of the Bond As on 12/31/2022 = $225,881
As per the given question the solution of gain or loss is provided below:-
Gain or Loss = Bay Back Price of the bond - Carrying value of the Bond As on 12/31/2022
= $103,000 - $225,881
Loss = $122,881
So, we have calculated the loss by using the above formula.
Answer:
$25,800 increase
Explanation:
The computation of the adjusted retained earning balance is shown below:
Ending inventory was overstated - no change
Add: Depreciation expense was overstated $24,100
Add: Ending inventory was understated $6,500
Less: Depreciation expense was understated ($4,800)
Adjusted retained earning balance $25,800
Answer:
on 31st Dec 2019 the entry would be
Subscription Earned $14,850 ($59400*3/12) Debit
Unearned Subscriptions $ 44500( 59,400- 14,850) Debit
Cash $59,400 (credit)
Answer:
If all the four firms have same net income then RMSP for company C will be 0.30.
Explanation:
The BCG matrix (Boston Consulting group's product portfolio matrix) is used for doing strategic planning for long-term. It looks into how business growth will be possible by looking at portfolio of products and then decides where to invest, or which product to discontinue. It says that if the market share of the product is higher, it would be more beneficial for the company.
In the given problem, all the four companies A,B,C,D have revenues 1,2,3,4 respectively. We calculate Relative market share or RMSP by subtracting a company's market share from 100 to find the percentage it does not control. So, RMSP for Company C would be 0.30.
