I think it’s C if I’m wrong I’m so sorry
Solution:
Barnes Corporation purchased 75 percent of Nobles’ common stock
During the year, Nobles reports net income of $40,000.
Hence, 75% of net income of Nobbles is attributable to Barnes Corporation.
Barnes reports for income from subsidiary prior to consolidation
= 40,000 x 75%
= $30,000
What can happen if you miss a monthly credit card payment is that you will be charged a late fee, and you can also lose rewards points.
Hope this helps!
Answer:$616
Explanation:
The insurance policy is a policy on an annual basis in which premium are paid in advance to enable the insurance firm to provide cover for the clients.
Cost of insurance
$0.84* ($88000/100)
= $732.92 per annum
However since the insurance was cancelled after 10 months he will only be responsible for 10 months.
$739.2/12*10
=$616
Answer:
Marginal cost is rising.
Explanation:
Given that,
Jill Johnson currently produces = 10,000 Pizzas per month
At a total cost = $500
Marginal cost refers to the cost of producing one more unit of a commodity to satisfy a given want.
Average total cost = $500 ÷ 10,000
= $0.05
Here, Marginal cost of producing pizzas is as follows:
= Total cost of producing 10,001 pizzas - Total cost of producing 10,000 pizzas
= $500.11 - $500
= $0.11
Therefore, marginal cost of producing an additional pizza is $0.11 and it is rising, since average total cost is less than marginal total cost and ATC rising.
