Equilibrium is defined when: supply and demand meet.
Equilibrium can simply be defined as the equilibrium point where both supply and demand meet.
When the number of goods a producer supplied to the market equal the products consumers or buyer demand in the market this means that supply and demand meet.
Based on this their will be no excess because the quantity supplied to the market is the quantity that consumer demanded in the market.
Inconclusion Equilibrium is defined when: supply and demand meet.
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Answer:
Financial planning is Option b: An ongoing process.
Explanation:
Financial planning refers to the process of setting goals, assessing financial resources, and creating a plan to achieve those goals. It involves various activities such as budgeting, saving, investing, and managing risks. Financial planning is not a one-time event but rather an ongoing process that requires regular review and adjustments to ensure that the plan remains aligned with changing circumstances and goals.
By continuously monitoring and updating the financial plan, individuals can make informed decisions about their finances and work towards achieving their short-term and long-term objectives. This ongoing process helps individuals adapt to changes in their personal circumstances, financial markets, and economic conditions.
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Answer:
$5
Explanation:
If Premier Co. incurs a unit-level cost of $490 per unit
Product design cost = $50000
Facility-level cost = $100000
No of units produced annually = 10000
Product design cost/unit = $50000/10000 = $5
Facility-level cost/unit = $100000/10000 = $10
Hence total production cost per unit = $490 + $5 + $10 = $505
However, the supplier is willing to produce the bench at $500 per unit
Thus avoidable production cost for 1 bench = $505 - $500 = $5
b. Income from continuing operations.
c. Comprehensive income.
d. Sustainable income.
Answer:
c. Comprehensive income.
Explanation:
According to my research on different investment strategies, I can say that based on the information provided within the question the term being described is called Comprehensive Income. Like mentioned in the question this type of income includes all changes in equity during a period except those resulting from investments by owners of the stocks and distributions to those owners (dividends).
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Comprehensive income is the correct term for income that includes all changes in stockholders' equity during a period except those from stockholders' investments and distributions.
The correct answer to the question is c. Comprehensive income. Comprehensive income includes all changes in equity during a period except for those resulting from investments by stockholders and distributions to stockholders. It incorporates items that are not included in the net income, such as unrealized gains and losses on certain types of investments, foreign currency translation adjustments, and certain pension adjustments that are recorded directly in equity, according to the accounting standards. These items are part of what is known as other comprehensive income (OCI), which is the difference between net income and comprehensive income.
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The depreciation for 2018 should be $5,625. The correct answer is $5,625.
Let's go through the process of calculating the depreciation for 2018 using the straight-line depreciation method and the updated residual value.
1. Initial cost of the machine: $55,000
2. Original residual value: $5,000
3. Service life: 10 years
4. Original annual depreciation: ($55,000 - $5,000) / 10 = $5,000
Now, let's consider the revision of the residual value in 2018:
5. Revised residual value: $0
6. Remaining service life in 2018: 10 years - 2 years (2016 and 2017) = 8 years
First, we need to calculate the book value of the machine at the end of 2017:
7. Book value at the end of 2017: Initial cost - (Original annual depreciation × 2 years) = $55,000 - ($5,000 × 2) = $45,000
Now, we can calculate the revised annual depreciation for the remaining service life:
8. Revised annual depreciation: (Book value at the end of 2017 - Revised residual value) / Remaining service life = ($45,000 - $0) / 8 years = $5,625
The correct answer is $5,625.
The complete question is:
on january 1, 2016, the holloran corporation purchased a machine at a cost of $55,000. the machine was expected to have a service life of 10 years and a $5,000 residual value. the straight-line depreciation method was used. in 2018 the estimate of residual value was revised from $5,000 to zero. depreciation for 2018 should be:
Multiple Choice
$4,500
$5,500
$5,625
$5,000
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Answer:"[Your Name] was a dedicated and reliable team member who consistently met deadlines and exceeded expectations. They demonstrated excellent problem-solving skills and an ability to adapt to changing circumstances. Their strong communication skills and collaborative approach made them an asset to the team, and they always displayed a positive attitude. [Your Name] took initiative and showed leadership potential by [mention a specific achievement or responsibility]. Overall, they were a valuable contributor to our organization."
Explanation: