Answer:
A career is like a "building block" and a job is like "castle or a tower"
<u>Solution and Explanation:</u>
1. MC = Cost of raw material + Cost of time
MC = 5 plus (10 divide by 2)
MC = $10
2. TFC = $300
Q = 300
, AFC = TFC/Q = 300 divide by 300 = $1
3. His profit maximizing output would be higher
Reason: P = MR = $15
, MC = $10
Since MR > MC, and at the profit maximizing point MR = MC, it is better for Nicholas to increase his output.
4. His profit maximizing output would be higher
Reason: P = MR = $15
, MC = $4 + $5 = $9
Since MR > MC, and at the profit maximizing point MR = MC, it is better for Nicholas to increase his output.
Answer:
a. Janice must adjust the total value 2018 GDP for inflation.
Explanation:
Gross domestic product is defined as the amount of goods and services produced by a country in a particular period. It is a measure of economic growth of the country.
Real GDP is calculated from GDP by adjusting for inflation of deflation. Real GDP gives a more clear picture of the economy since it considers the reality of inflationary effect on prices.
For example when prices go up and GDP is used, it will seem the country is producing more. Which is a wrong assumption.
Real GDP give a more accurate insight into a countrie's productivity.
Answer:
a. Favorable leaseholds with an 8-year life
Options:
b. Technology rights with a 3-year life
c. Bottler franchise rights with indefinite life
d. Goodwill
Explanation:
We should notice the income recognize is the 25% of the company's income thus, there is no depreciation nor amortization.
a. Favorable leaseholds with an 8-year life
A favorable leaseholds because the market rate changes when performing the acquisition of the 25% would make for this but, will be amortized over an 8 years spawn <em>Hence is guaranteed to not the cause of the 10,000,000 extra as it should decrease the income of 500,000 which is not what happened.</em>
b.- and intangible which isn't recognize in the company's firm can also generate this difference and be eliminate after 3-years thus is a viable option
c.- the franchise right will still be there but, the valuation of them can change. The franchise while it is indefinite It can lose their market value (imagine a franchise of candels after electricity is invented) Thus, it could be or not.
d.- The goodwill could be checked for imparment and eliminated before the 5 years period or not require a journal entry that year.
Because a lot of modern technology mimics traditional technology, it just got faster and better
