Answer:
D) An increase in the demand for one will usually result in an increased demand for the other.
Explanation:
Complementary goods are products used together. They are sold separately but add value to one another. Complementary goods will usually be a set of two or more goods that gives the consumer a higher utility when used together. Examples include Petrol and car, Tennis balls and tennis rackets, and DVD player and DVD disks to play in it.
Complementary goods experience joint demand. Should the demand for one complimentary goods increase, demand for the other product or service increases automatically.
Answer:
$79,000
Explanation:
Given that,
Implicit cost and explicit costs are as follows:
Earning at Shoe Warehouse = $40,000 a year
Jake has rented a storefront = $40,000 per year
Spend = $11,000 on inventory
Total revenue = $170,000 per year
Therefore,
Economic profit = Total revenue - (Explicit cost + implicit costs)
= $170,000 - ($11,000 + $40,000 + $40,000)
= $170,000 - $91,000
= $79,000
Project x
Year ----- Cash flow ----- Net Invested cash
0 ----------- -68,000
1 24,000 -44,000
2 24,000 -20,000
3 24,000 0
Payback period = 2+ 20,000/24,000 = 2+0.83 = 2.83 years.
The final multiple choice is correct.
A journal entry that debits manufacturing overhead and credits property taxes payable records the purchase materials.
Journal entries can also include multiple statistics factors however usually include A header, that's a descriptor of the access kind, and the date entered within the journal; a unique numerical identifier or reference range; · One or extra debts and quantities with a view to being debited through the transaction and the date those debits are made; One or greater bills and amounts the transaction will credit and the date those credits are made; and A brief description of the transaction. magazine entries may additionally consist of statistics precise to the enterprise, along with the subsidiary or subsidiaries concerned within the transaction and the foreign money or currencies used.
Every magazine access contains the information tremendous to a single enterprise transaction, Journal entries which include the date, the amount to be credited and debited, a quick description of the transaction, and the accounts affected. relying upon the organization, it can list affected subsidiaries, tax info, and different information.
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Answer:
$818,935
Explanation:
Percentage of-revenue method:
$4,000,000
($4,000,000 + 6,500,000) = $10,500,000
Hence;
$4,000,000/$10,500,000
= 38.09 %
Amortization = 38.09% ×$2,150,000
= $818,935
Therefore the amortization of the software development costs would be $818,935
