Answer:
The correct answer is False.
Explanation:
Advertising really tries to increase the purchase levels of products and services, not specific brands. Therefore, this statement is false considering that although all economic transactions affect GDP (positively or negatively), the advertising function is not aligned with its duty.
Answer:
The correct answer is: decrease; $195; $190; $165.
Explanation:
A study found the noise from rock concerts to be harmful.
To correct the externality created by the concerts, the government imposes a tax $30 on sale of each unit.
The price of tickets was initially $190.
After the imposition of the corrective tax, the price increased to $195.
This increase in price will cause the demand for tickets to decrease. As a result, the number of concert tickets sold will decrease.
The socially optimal price of the tickets is $195, as this price eliminates externalities.
The private market price is the price which was creating externalities, in this case, it is $190.
We can find the price received by the firms by deducting the tax amount from the new price.
The price received by the firms is
= $195 - $30
= $165
The answer is true, it is because if two variables are having the same relationship having to have a positive effect, then both will move in the same direction in which both will produce a constant relationship, so the answer is true as all else remains constant.
Answer:
$4,085,000
Explanation:
Given that,
Coronado Industries, issued for $103 per share, 95000 shares of $100 par value convertible preferred stock.
1 share of preferred stock = 3 shares of common stock ($20 par value)
Additional paid in capital:
= Preferred stock - Common stock
= [95,000 shares × $103] - [(95,000 shares × 3 shares) × $20]
= $9,785,000 - (285,000 shares × $20)
= $9,785,000 - $5,700,000
= $4,085,000
Answer:
The ending balance of retained earnings for the company $ 140.000
Explanation:
Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.
