Answer: The correct answer is "(E) That an injunction, rather than damages, was the appropriate remedy.".
Explanation: An injunction rather than damages was the appropriate remedy since in that case, the result was that the court ended up ruling that a precautionary measure would be the most appropriate because determining the adequate calculation of damages would be too difficult.
Answer:
The answer is letter A.
Explanation:
No, because the relevant cost of the new machine is $10,000 more than the cost of the old machine.
Answer:
The company records the investment by the entry:
(D) debit Cash and credit Owner's Equity
Explanation:
Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.
In the case, the company that he invested received cash from Mr. Decker.
The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:
Debit Cash $20,000
Credit Owner's Equity $20,000
<u>Solution and Explanation:</u>
calculating the increase in the net operating income is as follows:
S.no Particulars and explanation Amount
1. Sales ( $268000 + 84000 ) 352000
2. Contribution ( 1 multiply with 40 percent) 140000
3. Fied expense ( $119200 plus $6200 ) 125400
4. Net operating income ( 2 step minus 3 step) $14600
therefore, net operating income increased by $ 14600 plus $12000
Note: the sales were not given, so i have taken or assumed. Please change the figure if there is different figure of sales in the question given.
It would probably be best to choose online banking and only use her local bank when necessary.
