Answer:
In short-run: Bob should stay in the business because his variable cost per product ( lawn-mowing) is still below his revenue per product. Although Bob is making loss of $10 per day ( $27 x 10 lawns - 280), he can still improve his profit be mow more lawns per day because his variable cost per unit is only $25((280-30) / 10) while his revenue per unit is $27 making his marginal profit is $2 per lawn mowed.
In the long run, Bob will exit the industry if it is getting cheaper to get lawn-mowing services ( as there is less demand or more supply) or the cost of delivering the services is higher ( increase in machinery investment, increase in the cost of oil/gas used to function the mower) making the marginal profit per unit sold is negative.
Explanation:
Explanation is given in the answer.
Answer:
Yvonne would have to return the necklace to Rolanda
Explanation:
Yvonne would have to return the necklace to Rolanda after she survived the surgery because it was a gift causa mortis, a gift given in contemplation of impending death. Because Rolanda did not die, Rolanda is entitled to have the necklace returned to her.
Answer:
B. $275,000
Explanation:
The second machine will be depreciate over time as it can later be used for operational purposes or another research projects. The first, as can only be used for a research project It should be considered expenses for the entire amount regardless of the useful life.
Machine B useful life 10 years
depreciation expense: cost / useful life
250,000 / 10 = 25,000
machine A 250,000 + 25,000 depreciation for machine B = 275,000 total
For a health profession, the term "accreditation standard" refers to a standard used to determine whether a program of study and the educational institution that offers it equips graduates with the knowledge, abilities, and professional qualities required to practice their profession in Australia.
<h3>What do the accreditation standards serve?</h3>
Higher education accreditation is a collaborative process based on peer and self-evaluation. Its goal is to raise academic standards and public accountability. This ongoing quality control process is often carried out every five to ten years.
A school, postsecondary institution, or program offering is accredited when it has received initial and ongoing confirmation that it satisfies the requirements set by a nationally recognized accrediting agency for membership in the association.
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The balance in the j. Higgins, withdrawal account was $4,700. the entry to close the account would include a debit to J. Higgins, Capital, $3,200.
A direct debit is a record of the amount deducted from your bank account, such as when you write a check. The total debits must balance the total credits. Synonyms: Payment, Liability, Payment, Obligation Other synonyms for direct debit.
In accounting, a credit is an entry that records a decrease in an asset or an increase in a liability, and a decrease in expenses or an increase in income (as opposed to a debit that does the opposite). Thus, credits increase net income on the company's income statement, while debits decrease net income.
A direct debit is a payment made or debited or an indication of the amount debited. Attempting to track a mysterious $2 withdrawal from a bank account is unlikely to succeed, but it should be done anyway.
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