Answer:
When demand for the product is highly elastic and the supply is relatively inelastic.
Explanation:
Subsidy is an amount of money given to companies by the government to boost production. It is an intervention by the government when economic situation in the free market is unfavourable.
When firms recieve money to boost production their cost of production is reduced.
If demand is highly elastic a small change in price will result in large change in quantity demanded. Companies will sell more goods at a reduced cost.
Of the supply is relatively inelastic there will be a degree of scarcity of the good so prices will go up, and the company willake more money.
Answer
D. Payment history and total debt
Explanation
A statistical number that evaluates a person’s creditworthiness and is based on credit history is called credit score.Credit score numbers are used by lenders to check the probability that an individual will pay back his or her debts.The ranges of credit score are 300 to 850.The higher the credit score of a person, the more financially trustworthy that person is taken to be.
Answer:
$50,530
Explanation:
The computation of the amount of expenses reported on the income statement is shown below:
= Cash paid - Opening balance of accrued expenses + Closing balance accrued expenses + Opening balance of prepaid expenses - Closing balance of prepaid expenses
= $49,850 - $1,200 + $2,100 + $630 - $850
= $50,530
We added the ending balance of accrued expenses and opening balance of prepaid expenses while deducting the ending balance of accrued expenses and closing balance of prepaid expenses
Answer:
3) narcissistic
Explanation:
A narcissistic personality is characterized by an over-bloated ego and belief of being very important with less regard for others. Someone with a narcissistic personality is usually preoccupied with thoughts of having a special power and would usually display an excess admiration of self
From the assertion of Mitchel during the annual review, Mitchel's inflated sense of self-importance, cravings for admiration and the belief that things couldn't have been achieved if not for him, all indicate that Mitchel is a narcissist. All these most likely show Mitchel has a narcissistic personality.
Answer:
$4,520
Explanation:
Calculation for the cost of unused capacity that would be reported as a period expense on the income statement prepared for internal management purposes
First step is to calculate the Predetermine overhead rate using this formula
Predetermined overhead rate based on capacity = Estimated total fixed manufacturing overhead cost ÷ Estimated total amount of the allocation base
Let plug in the formula
Predetermined overhead rate based on capacity=$ 30,510÷270 hours
Predetermined overhead rate based on capacity=$113 per hour
Now let calculate the Cost of unused capacity using this formula
Cost of unused capacity =( Estimated total amount of the allocation base − Actual amount of the allocation base) × Predetermined overhead rate
Let plug in the formula
Cost of unused capacity= (270 hours − 230 hours) *$113 per hour
Cost of unused capacity=40 hours* $113 per hour
Cost of unused capacity=$4,520
Therefore the cost of unused capacity that would be reported as a period expense on the income statement prepared for internal management purposes will be $4,520
