Answer:
True
Explanation:
The absorption basis of income, profits are always high when the production is greater than income because more fixed costs will have been deferred in closing inventory.
So, managers will focus more on increasing production which create huge balances of closing stocks and consequently results in large profits.
Answer:
5.403%
Explanation:
Calculation for the expected return on the market
Using this formula
Expected return =(Expected return-Risk-free rate of return)/Stock beta +Risk-free rate of return
Where,
Expected return=12.10%
Risk-free rate of return=4.6%
Stock beta =1.40%
Let plug in the formula
Expected return =(0.121-0.046)/0.014+0.046
Expected return =0.075/0.014+0.046
Expected return=5.357+0.046
Expected return =5.403%
Therefore the expected return on the market will be =5.403
Answer:
The answer is:
More accounts have been written off than had been estimated
Explanation:
Doubtful debt or bad debt is an expense. According to the rule of accounting, debit increases an expense while debit decreases an expense.
So the debit balance balance in allowance for doubtful accounts tells us that there is an increase in expense which means that more accounts(bad debt) have been written off.
So we can infer from the debit balance that more accounts have been written off than had been estimated
Hey there,
Answer:
Secondary Ageing
Hope this helps :D
<em>~Top</em>
Answer:
c) by setting MR(q)=MC(q) at a q for which p(q) is at least AVC(q)
Explanation:
Profit is maximised at MR= MC and price is greater than MC for monopoly.
