<span>Unattainable points are outside the PPF. The PPF refers to the Production Possibilities Frontier. This is set by the economic standing of a country and a country is not able to perform and produce outside of their set PPF. Due to this, all unattainable points are located outside of the PPF. </span>
Answer:
The amount of amortization expense the lessee would record for the first year of the lease is $131,125.
Explanation:
Since the lease agreement provides for the transfer of title of the asset to the lessee at the end of the lease term, this implies that the calculation of the amount of amortization expense the lessee would record will be based on the economic life of the asset. Therefore, we have:
First year amortization expense = (Amount at which the asset is recorded - Fair value at the end of 8 years) / Economic life of the asset = ($1,040,000 - $135,000) / 8 = $131,125
Answer: ADD BELIEF STRATEGY
Explanation:In the given case Pepsi used the add beliefs strategy to change the mindset of the customers in the market. The add belief strategy in marketing is focused on increasing the confidence of the customer in the product.
By adding the freshness date on the cans, Pepsi was sending a message that they care for the health of the customers, thus, winning their confidence.
Answer:
The journal entry will involve the credit to Unearned franchise fee revenue which amounts to $36,000
Explanation:
The journal entry which is to be recorded for signing the substantial and the collection of note receivable is as:
March 15, 2020
Cash A/c......................................Dr $36,000
Unearned franchise fee revenue A/c......Cr $36,000
As cash is received and that amounts to $6,000, the remaining balance amount of $30,000 being debited to Note receivable will be recognized during the year as and when received. And the Unearned franchise fee revenue for $36,000 is credited because signing date and the performance is yet pending.
Answer:
Single agent for the owner
Explanation:
In real estate, broker could play two roles:
- As a single agent
- or as a transaction broker
If the broker play as the transaction broker, that broker will mediate that transaction in a way that mutually beneficial for the seller and the buyer.
But, single agent only represent one side of the party. (either the buyer alone or the sellers alone). Single agent will handle the transaction to benefit only the party it represented.
"Owner broker" means that the broker only represents the Seller. This broker will try to make the price of the property as high as possible for the seller's benefit.
