Answer:
$1350
Explanation:
To find dead weight loss we will take into consideration the price and output level of both monopoly and perfect competition.
Dead weight loss = {(P2 - P1) * (Q1-Q2)} / 2
Where, P2 and Q2 are price and quantity respectively of monopolist and P1 and Q1 are price and quantity respectively of perfect competiton.
Dead weight loss = {(130-40) * (60-30)}/2
= (90*30)/2
= $1350
<span>False.
Communication up and down the corporate hierarchy is often called vertical communication. Communication among employees at the same level in the hierarchy, or sideways, is called horizontal communication.</span>
Answer and Explanation:
The cash conversion cycle refers to the cycle which includes the days inventory outstanding and days sales outstanding and deduct the days payable outstanding
The cash cycle = Days inventory outstanding + days sale outstanding - days payable outstanding
The computation is shown in the attachment below:
As we can see in the attachment the new proposed policy i.e 234.19 days would decrease the cash conversion cycle by 24.27 days as compared with the current proposal policy i.e 258.46 days
Answer:
Accrual Basis
Explanation:
The cash accounting basis only treats transactions only as and when cash is paid or received. It ceases to recognize liabilities, debtors, investments etc. Which limits the amount of information available to the users.
With the Accrual Basis, it provides very useful information to the users, such as investments made, the capital position of the entity the risk associated with investing in the entity considering the credit rating of the entity through its Liability to Asset computation. Accrual basis also help the user know the quality of management staff available, since information such as Creditors collection period and Turnover rate. Which can tell how efficient the management is working. In addition the Accrual basis includes the cash basis because of the preparation of the cash flow statement.
