Answer:
10
Total
Marginal
Explanation:
Marginal utility is the change in utility that occurs from consuming one extra unit of a good.
Marginal utitiy = 55 utils - 45 utils = 10 utils
Total utility is the utility derived from consuming a good or service.
When :
1. Total utility is 45 , marginal utility is 15
2. total utility is 55, marginal utility is 10
This shows that as total utility increases, marginal utility falls.
I hope my answer helps you
Answer:
Option D. Prepare a trial balance, prepare adjusting entries, prepare financial statements
Explanation:
The accounting cycle sequence is given as under:
- Analyzing the business
- Journalize the Transactions
- Post to Ledger Accounts
- Prepare a Trial Balance
- Posting adjusting entries and Preparing an adjusted trial balance
- Preparing the financial statements
- Journalize and post closing entries
- Prepare a post closing trial balance and financial statement
So we can see that the three steps highlighted above are the sequence shown in the option D. Hence option D is correct.
Answer:
b. Budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory.
Explanation:
Since, the total purchases in units means the number of units that the company needs to buy after maintaining the necessary closing inventory to meet the budgeted sales. The total units required should therefore be equal to the total of the budgeted sales units and the units for the closing of inventory.
Also, if the opening inventory exists out of the total units required, then that number of merchandise does not need to be purchased as it already exists.
Therefore to reach the required purchase unit we need to add budgeted unit sales and desired merchandise ending inventory and deduct the beginning merchandise inventory.
So, the correct option is b.
Answer:
A) $80,000
Explanation:
According to the Internal Revenue Service (IRS), the deduction would be claim as a lower value of 20% qualified business income plus 20% of real investment or 20% of taxable income less net capital gains
So, 20% qualified business income = $400,000 × 20% = $80,000
And, the 20% of taxable income = $500,000 × 20% = $100,000
So, the lower value would be $80,000
