The answer to the question:
<span>What allows consumers to receive goods and services in a non price rationing system
is:
first come, first served
explanation:
the first come, first served system which is also known as the queuing system </span>resolves rationing problems which are brought by price ceilings.<span>
</span>
Answer:
A Journal was prepared for Shamrock for December 31 2020 data entries.
It shown below in the explanation section
Explanation:
Solution
Shamrock 's December 31, 2020, Journal entries:
Date Account Titles & Explanation Debit Credit
Dec 31, 20 Lease liability 18594
Interest expense
(187600-36702)*12% 18108
Cash 36702
(To record interest expense)
Dec 31,20 Amortization expense (187600/7) 26800
Right of use asset 26800
(To record amortization of the right-of-use asset)
Answer:
Negative Float on a Partial Path:
c. The project is meeting its expected completion date but a certain activity/ event on that path is not meeting its expected completion date.
Explanation:
Float is the quantification of delays in a project. Negative float means that there is a delay exceeding the intended or allowed float by an ascertainable time. This means that float is about the time when an activity takes longer than originally planned. Some projects have inbuilt standard float which had been computed based on past experience of similar projects, with some allowances made for different expected scenarios.
The opening should be direct and share the good news in the first line or two.
A positive letter should always start out in a positive way to avoid making the customer search for clear answers through the rest of the message.
Answer:
C. $4000
Explanation:
Given that
Total opportunity cost = salary plus interest forgone, that is 50,000 + 6% of 100,000
= 50,000 + 6000 = 56,000.
Total revenue received = 60,000
Recall that
Economic profits = Revenue - (implicit + explicit cost)
And that
Implicit cost = opportunity cost = 56,000
Explicit cost = 0 (from the question, revenue covered it)
Thus
Economic profit = 60000 - 56000
= $4000