Answer:
c. $(5,000)
Explanation:
Calculation for the record of either gain/(loss)
In Case B
Book Value amount was $39,100
Fair Value amount was $34,100
Hence:
Using this formula
Gain/(loss)= Book Value-Fair Value
Let plug in the formula
Gain/(loss)=$39,100-$34,100
Loss=$5,000
Grand Forks would record a loss of $5,000 because the fair value which is the price the buyer is willing to buy the asset is lesser than than book value amount.
Answer:
Group technology
Explanation:
Group technology: This can be defined as a
Manufacturing technique in which functionally-grouped machines are organized into cells to achieve efficiencies.
Group technology is based on the principle that many problems are similar and by grouping similar problems, a single solution can be found to solve a set of problems, saving time and effort.
Group technology is a manufacturing technique in which parts having similarities in manufacturing process and functions are manufactured in one location using a small number of machines.
Answer:
b. $ 116.67
Explanation:
Given data
Sale value of merchandise = $10,000
Interest rate = 7%
The computation of the interest revenue on December 31, 2016 is shown below:
= Note amount × rate of interest × given number of months ÷ total number of months in a year
= $10,000 × 7% × 2 months ÷ 12 months
= $116.67
The two months are calculated from November 1 to December 31
<span>Diminishing marginal returns - By investing in hiring an additional worker, Michelle does not receive twice the productivity compared to when she had only 1 worker. Productivity only increased by roughly 50%. I would consider the worker to be more of an investment, and thus count as diminishing marginal returns, rather than decreasing returns to scale, which I consider to apply more to assets, such as machines for manufacturing or in the case of the scenario, an additional kiln.</span>
Answer:
Eritrea, Guinea and Ethiopia
Explanation: