B. extracurricular activities!
Answer:
The appropriate technique to be applied is future value of annuity. The correct answer is B.
Explanation:
Since the deposit will be made at the end of each year and there is need to determine the worth of the fund on retirement, the appropriate technique to employ is future value of annuity.
Answer:
$300,000
Explanation:
The computation of amount will be reported in the balance sheet is shown below:-
Amount that will be reported in the balance sheet = Papa shares × Papa stock per share
= 8,000 × $37.5
= $300,000
Note, When we report on the balance sheet at fair value, the net income has no significant effect on the fair value also in the given situation it is clearly mentioned that Nana does not have significant influence over papa so we will not consider dividend, net income, retained earning when the common stock reporting on the balance sheet at fair value.
Answer:
-$720 unfavorable
Explanation:
The computation of the material quantity variance is shown below:
= Standard Price × (Standard Quantity - Actual Quantity)
= $18 per pound × (610 pounds - 650 pounds)
= $18 per pound × -40 pounds
= -$720 unfavorable
Simply we take the difference between the standard quantity and the actual quantity and then multiply it by the standard price so that the correct value can come
The diamond-water paradox arises because essential goods may be cheap while nonessential goods may be expensive.
<h3>What do you mean by diamond-water paradox?</h3>
- The dilemma of value, also referred to as the diamond-water paradox, describes the significant disparity in cost between some important items and non-essential ones.
- In a market economy, the cost of many necessities for human life is significantly lower than the cost of less necessary necessities.
<h3>Why does the paradox of value between diamonds and water arise?</h3>
- Water is clearly more valuable as a scarce resource than the luxury of having a diamond.
- Customers are forced to decide whether to buy one more diamond or one more unit of water as demand rises.
- The concept of marginal utility describes this idea.
<h3>Why is marginal utility for diamond High?</h3>
- Diamonds, Due to the limited availability of diamonds, people are likely to operate near the vertical axis, somewhat high on the marginal utility curve.
- In other words, the amount consumed is not that large.
Learn more about diamond-water paradox here:
brainly.com/question/13530249
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