The amount of track improvement cost that should be allocated to the Western Division is $3,200,000.
<h3>What amount should be allocated to
Western Division?</h3>
The amount that should be allocated to Western Division is a function of the miles travelled on the Western division.
The amount to be allocated to Western Division : (miles travelled on Western division / total miles travelled) x cost of the revision
- miles travelled on Western division = 800,000 miles
- total miles travelled = 1,200,000 + 800,000 = 2,000,000 miles
The amount to be allocated to Western Division : (800,000 / 2,000,000) x 8,000,000 = $3,200,000
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The answer is Early Adopter.
The term "early adopter" refers to an individual or business who uses a new product, innovation, or technology before others.
In other words, an early adopter is an individual who almost always buys new products in a given product category.
Early adopters, therefore, form a category of consumers particularly favorable to the adoption of new products or new technologies.
As part of targeted marketing actions, they can play a driving role in the launch and adoption of a new product, service, or online offer.
For instance, Early adopters are often the first market for a high-tech product in the launch phase.
Hence, An individual or company purchaser that sees the benefits-to-status-quo ratio of a new product or service better than the average customer is an Early adopter.
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Answer: $30,600
Explanation:
First calculate the earnings for the year.
Revenue is given. Expenses are also given and come out of revenue. Dividends also come out of revenue as well.
Retained Earnings for the year is therefore,
Retained Earnings for the year = Revenue - Expenses - Dividends
= 62,000 - 44,900 - 2,300
Retained Earnings for the year = $14,800
This figure should be added to the retained earnings of the previous period to find the total balance.
= 14,800 + 15,800
= $30,600
$30,600 is the closing Balance on Retained Earnings after closing entries.
The sooner you need the money, the less risk you will be willing to take on.
If you have until you retire, you may be more willing to gamble on riskier investments for the potential of bigger returns because if it doesn't work out you will still have plenty of time to make up the loss. However, if you need the money sooner for a car you should only take on a minimal amount of risk.
Climate change and government action
