Answer:
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.
Explanation:
According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,
price = $8.10
avg variable cost = $8.00
avg total cost = $8.25
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.
Answer:
4) available-for-sale debt securities.
Explanation:
Available for sale debt securities are securities that can be sold in the future, but are included as other comprehensive income.
Option 1 is wrong because it's not a real term.
Option 2 is wrong because held to maturity debt securities are accounted for at amortized cost, not fair value, e.g. municipal bonds.
Option 3 is wrong because trading securities are recorded as current assets because the firm plans to trade them in the short term.
Answer:
Research industry information. ...
Find out about professional associations. ...
Research career options using LinkedIn.
Answer:
A) Implementing the change quickly.
Explanation:
The company's controller is basically the chief accountant of the company. In this case, he/she is trying to focus on lowering costs and suggest a formal budgeting process might help. This is an essential thing that should have been done before, probably since the company started operating.
When essential and important activities are not carried out within a company, and suddenly someone realizes that it must be done, it may be seen as something bad. E.g. if it was really so important, why was it never done before?
As all important things, they cannot be rushed, and they have to be done with the largest possible support within the organization. This includes both management (who will feel pressured) and employers (who might believe it is a way to determine who should be fired).
Answer:
stimulate
expansionary fiscal policy is used in order to “stimulate” the economy; this is the right answer