50 - 15,5 = 34,5
34,5/25= $1,38 per ticket
Answer:
Journal Entry for establishing a Petty cash fund
Date Particulars Debit Credit
Jan 1 Petty cash A/c $270
To Cash A/c $270
(Being Petty cash fund established)
Journal Entry for reimbursement of petty cash
Date Particulars Debit Credit
Jan 8 Postage A/c $36
Transportation A/c $13
Delivery Expense A/c $15
Miscellaneous Exp A/c $25
To Cash A/c $89
(Being reimbursement of petty cash expenses
incurred from petty cash fund)
Journal entry for Increasing the limit of Petty cash fund
Date Particulars Debit Credit
Jan 8 Petty Cash A/c $50
To Cash A/c $50
(Being Petty cash fund limit extended to $320 i.e., we have
to add $50 to existing fund in order to make it $ 320.)
Answer:
d. Many firms are working together to eliminate pollution
Explanation:
Coase theorem is a private solution for the two parties who agree to reduce externalities, i.e., pollution. They negotiate in such a manner that the costs are low as one party takes over other party's polluted assets to reduce pollution. When there are more parties or firms involved to eliminate pollution, it will pose high transaction costs. Therefore, the Coase theorem will not work in that case. So, the option "D" is the correct choice.
Answer: 1. W: Is it worth doing?,2. R: Is it real, 3. R: Is it real, 4. W: Can we win?,5.W: Can we win?-
Explanation:The R-W-W Framework is used to screen new products. R-W-W stands for:
Is it Real?
Can we Win?
Is it Worth doing? By matching each description to nthe correct R-W-W category, i have that
1) The new product would cost $12.50 to manufacture, and similar products sell for $9.00----- W: Is it worth doing?
2)Research shows that 85% of high school students enjoyed playing the new game.-----R: Is it real
3)The results of the last market survey showed only 35% of consumers were interested in the new product-----.
R: Is it real?
4)A smaller ergonomic mouse was used by 57% of data entry clerks who participated in the survey.
----W: Can we win?-
5)To manufacture the new product, the company may need to hire 10 more assemblers.-----W: Can we win?
Answer:
Ask the student for academic information. ...
Address your letter accordingly. ...
Introduce yourself and your qualifications. ...
Include details about your academic relationship with the student. ...
Highlight the student's qualifications with examples. ...
Conclude your letter.
Explanation:
