They pretty much agree to get something say like money for free but then they eventually have to pay it back.
Answer and explanation:
The Annual Rate of Return or Yearly Rate of Return is the amount of money obtained in the course of an investment over one year. It is usually defined as a percentage and takes into account capital appreciation and dividend payments. The formula for calculating the annual rate of return is:
Annual Rate of Return = (EYP - BYP)/BYP X 100%
Where:
EYP = End of year price
BYP = Beginning of year price
Answer:
$35.63
Explanation:
The formula for predetermined overhead ate is
= Predetermined fixed overhead rate ÷ Predetermined variable overhead rate
Where;
Predetermined fixed overhead rate = (Fixed overhead cost ÷ Estimated direct labor)
= $1,006,164 ÷ 34,200
= $29.42
But the predetermined variable overhead is $6.21 per machine hour
Therefore, the predetermined overhead rate is
= $29.42 + $6.21
= $35.63
Answer:
a) Jacob will earn $600000. 5/6 of his annual salary will be economic rent.
b) The advertising company will not be able to make an economic profit because if they withhold some additional revenue made because of hiring person J, then person J will switch to another advertising company at a higher salary and that company keep on making profits. The company should bid for Person J until firms are indifferent between paying him $600,000 or hiring someone else for $100,000. Thus, the bidding of person J will continue until the salary of person J has bid up to a level where no company can make economic profits.
Explanation:
See the attached pictures for explanation.
Answer:
The answer is c.
Explanation:
Receivables are reported as assets when they are earned.
Revenues are reported when they are earned.
Payables are reported as liabilities when they are incurred.
Record and report revenue at the time it is earned and realized by the business, not when the cash for the revenue is received by the business.