answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Naily
22 days ago
10

Suppose the local market for legal services has an upward sloping supply curve, PL = 150 +0.0001QL where PL is the price of lega

l services and QL is the number of hours of legalservices. If the equilibrium price of legal services is $250 per hour, what is the aggregateeconomic rent earned by lawyers in this market?
A) $50,000

B) $1,000,000

C) $50,000,000

D) $100,000,000

Business
You might be interested in
A company has retained earnings of $94,000 as of December 31, 2014. The Pro-forma income statement projects net income of $22,00
marusya05 [3725]

Answer:

$46,000.

Explanation:

To determine the retained earnings as of the end of 2015, we must first assess the total dividend that will be distributed to shareholders, and then combine the net income from 2015 with the leftover retained earnings from the conclusion of 2014 (after the distribution of 2014's dividend in March 2015) to arrive at the retained earnings figure for the close of 2015.

Total dividend on March 2015 = 0.7 x 100,000 = 70,000

Retained Earnings as of the end of 2015 = 94,000 - 70,000 + 22,000 = 46,000.

5 0
3 months ago
Company XYY has recently won several bids and is now discussing how to structure the staff so that every contract can be success
Scilla [3833]

Answer:

Two organizational structures available to the company:

Functional structure: This is the most typical type of organizational structure and may already be in use by company XYY. In this model, employees are arranged into departments based on specific roles or functions.

The essential divisions may comprise a production department, a marketing department, a finance or accounting department, and a sales department.

Flatarchy: This term combines "flat" and "hierarchy" to define a structure that lacks a rigid hierarchy. Instead, it fosters collaboration among employees working together towards shared objectives for a more integrated approach.

4 0
4 months ago
Read 2 more answers
Caribbean Airlines has installed automated ticket machines in its major airport terminals that enable passengers to purchase tic
Free_Kalibri [3773]
Contributor to quality and satisfaction. Service experiences stem from the interaction dynamics between customers and the organization. Customer satisfaction is fundamental for any service provider. In certain situations, customers significantly impact the satisfaction obtained and the perceived value of the service. Additionally, they contribute to achieving quality and productivity during service delivery.
6 0
3 months ago
Horner Corporation has a deferred tax asset at December 31, 2015 of $160,000 due to the recognition of potential tax benefits of
arsen [3447]

Answer:

Valuation account = $80,000

Explanation:

Details provided:

The valuation allowance acts as a reserve for doubtful debts.

Mentioned below:

Total Deferred tax asset = $160,000 × 50% = $80,000

Total benefited Deferred tax asset = $160,000 × 50% = $80,000

Calculating the Valuation account:

Valuation account = Total Deferred tax asset - Total benefited Deferred tax asset

Valuation account = $160,000 - $80,000

Valuation account = $80,000

6 0
2 months ago
Other questions:
  • Which of the following types of inventory describes inventory that has been purchased but not​ processed?
    6·1 answer
  • A home improvement firm has quoted a price of? $9,800 to fix up? eric's backyard. five years? ago, eric put? $7,500 into a home
    13·1 answer
  • Suppose a new, rare metal was found that could provide electricity to a large number of households very inexpensively. Four firm
    5·1 answer
  • Mesa Telcom has three divisions, commercial, retail, and consumer, that share the common costs of the company's computer server
    6·1 answer
  • UA Hamburger Hamlet (UAHH) places a daily order for its high-volume items (hamburger patties, buns, milk, and so on). UAHH count
    13·1 answer
  • Saxton Corporation purchased 25 percent of Taylor Company's voting stock on January 1, 2013, for $18 million in cash. At the dat
    5·1 answer
  • . A company is authorized to issue 750,000 shares of $5 par value common stock. Prepare journal entries to record the following
    8·1 answer
  • A review of the accounting records of Baird Manufacturing indicated that the company incurred the following payroll costs during
    8·1 answer
  • When antonia's carpet company doubled in size, average (per unit) costs of production increased. this is an example of?
    7·1 answer
  • if Jane attends graduate school, it will take her two years, during which time she will earn no income. She will pay a total of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!