Answer:
A: 19.3%
Explanation:
I took the test on Plato and this was the correct answer.
Answer:
b. both firms will reduce their price.
Explanation:
The Nash equilibrium is a decision-making theorem that lies inside the game theory where the player could attain the expected result by not deviating to the beginning strategy. In this, the strategy of the each player is optimal at the time when the other player decisions are relevant
So as per the given situation, both the firm should decrease their price
hence the option b is correct
Answer:
selective intervention.
Explanation:
The concept of 'selective intervention' was developed by Oliver Williamson. The concept of selective intervention meant the intervention of large firms in small firms by duplicating their activities to produce net gains.
<u>In the given case, Susan is using a selective intervention strategy as her program is assisting at-risk teens to build communicative skills, attaining academic skills, and exploring career possibilities. In this case, the firm of Susan has replicated the activities of small firms by giving at-risk teens the classes to help themselves to gain net profit</u>.
Thus the correct answer is a selective intervention.
Answer:
debit to the Allowance account.
Explanation:
GAAP is an acronym for Generally Accepted Accounting Principles, it comprises of the accounting standard, procedures and principles used by public institutions in the United States of America. The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC).
IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globally.
According to the Generally Accepted Accounting Principles (GAAP), when the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves a debit to the allowance account.
Answer:
WACC is 12.8%
Explanation:
<em>The weighted average cost of capital (WAAC) is the average cost of all the various sources of long-term finance used by a business weighted according to the proportion which each source of finance bears to the the entire pool of fund.
</em>
To calculate the weighted average cost of capital, follow the steps below:
Step 1: Calculate cost of individual source of finance(this is already given)
Cost of Equity= 15%
After-tax cost of debt = (1- T) × before-tax cost of debt =12%
Step 2 : calculate the proportion or weight of the individual source of finance
. (This already given)
Equity = 25%
Debt= 75%
Step 3; Work out weighted average cost of capital (WACC)
WACC = ( 15%× 25%) + ( 12%× 75%)
= 12.75%
WACC is 12.8%
