Answer:
D) Greater than the sum of undiscounted expected cash flows
Explanation:
An impaired asset is the asset of the company whose value is listed more in the company's balance sheet than the value in the market price. Long term assets are such form of asset. When the impaired asset is adjusted, the loss is placed under the income statement of the company.
Answer:
d. None of the above
Explanation:
if the marginal propensity to consume = 0.80, the Keynesian's multiplier = 1 / (1 - MPC) = 1 / (1 - 0.8) = 1 / 0.2 = 5
that means that if Congress wants to decrease real GDP by $100 billion and the Keynesian's multiplier is 5, then it should raise taxes by $20 billion. This way -$20 billion (taxes take away money from the economy) x 5 = -$100 billion.
Answer:
Total subscriptions revenue for the period= 4 months (September 1 - December 31)
= (600 * $81) * 4/12
= $48,600 * 4/12
= $16,200
Hence adjusting entry would be:
Deferred subscriptions revenue a/c Dr $16,200
To Subscriptions revenue Cr $16,200
Answer:
Their total assets next year has to be $124,725
Explanation:
<em>Step 1: Determine the initial assets and liabilities</em>
The total assets can be expressed as;
A=C+E
where;
A=total assets
C=common stock
E=retained earnings
In our case;
A=unknown
C=$12,173
E=$91,949
replacing;
A=12,173+91,949=$104,122
<em>Step 2: Determine total liabilities</em>
Total liabilities=initial liability+dividends
where;
Initial liability=$73,225
dividends=$15,000
replacing;
Total liabilities=73,225+15,000=$88,225
<em>Step 3: Determine new assets</em>
Using the formula;
Net profit=new assets-total liabilities
where;
Net profit=$36,500
new assets=unknown=n
total liabilities=$88,225
replacing;
36,500=n-88,225
n=36,500+88,225=$124,725
n=$124,725
Their total assets next year has to be $124,725
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Answer:
The correct answer is Soda diminishes slowly, but the marginal utility of an additional paper is close to zero.
Explanation:
Marginal utility is the benefit we get from the consumption of an additional unit of a good or service.
Marginal utility (UM) refers to the concept of “additional” or “extra”. Thus, it is the utility that is added or added when we consume a unit more than one good or service.
vMarginal utility depends on consumer preferences, which are not always known. However, regardless of its form or level, economists often agree that it is generally true that, as the consumption of a product increases, the profit we obtain is falling. This phenomenon was reflected in the so-called "law of diminishing marginal utility".