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3 years ago

What is owner's equity?Nonsense = Reported Thank you ~

Business

1 answer:

Rus_ich [418]3 years ago

4 0

Hii :))

Owner's equity is defined as the amount of money invested by the owner in the business minus any money taken out by the owner of the business.

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John, lesa, and tabir form a limited liability company. john contributes 60 percent of the capital, and lesa and tabir each cont

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<span> because john, lesa and tabir did not enter into an operating agreement, what will generally control with respect</span>

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4 years ago

The establishment of lobster fishing season in the state of Florida is an example of:

SashulF [63]

Answer:

Government intervention in the economy.

Explanation:

The government in some cases take actions that affect the economy to have an impact and address inefficiencies. In this case, the intervention takes the form of a regulation that establishes a lobster fishing season in the state of Florida. Because of that, the answer is that this is an example of government intervention in the economy.

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3 years ago

On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on Septemb

ELEN [110]

Answer:

The correct answer is $60,000.

Explanation:

According to the scenario, the given data are as follows:

Expenditure for Jan.1 = $334,000

Time period ( Jan.1 - Dec.31 ) = 12 months

So, average expenditure = $334,000

Similarly, Expenditure for Sep.1 = $498,000

Time period ( Sep.1 - Dec.31 ) = 4 months

So, average expenditure = $498,000 × 4÷12 = $166,000

Now, Expenditure for Dec.31 = $498,000

Time period ( Dec.31 - Dec.31 ) = 0 months

So, average expenditure = $498,000 × 0÷ 12 = 0

So, capitalized interest = ( average expenditure Jan.1 + average expenditure Sep.1 + average expenditure Dec.31) × 12%

= ($334,000 + $166,000 + $0) × 12%

= $500,000 × 12%

= $60,000

3 0

4 years ago

When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic,

kondaur [170]

Answer:

a. buyers of the good will bear most of the burden of the tax.

Explanation:

When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic, buyers or consumers of the good will bear most of the burden of the tax.

However, when tax is imposed on a good whose supply is relatively inelastic and the demand for the goods is relatively elastic, the producers or sellers would be responsible for the tax burden of the goods.

Generally, tax revenues are larger with respect to the inelasticity of demand and supply.

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4 years ago

Choose two occupations one that pays high wages and one that pays low wages. explain the reasons of the differences

KengaRu [80]

Choose two occupations one that pays high wages and one that pays low wages. explain the reasons of the differences

Two occupations that pay entirely different wage are a lawyer and a housekeeper. One of the major reasons that there is a difference in the pay, is the requirements to obtain the job are vastly different. A lawyer requires years of school, passing standardized tests and more just to be qualified to apply for the position. A housekeeper can gain experience while working on the job without certifications.

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3 years ago

What is owner's equity?Nonsense = Reported Thank you ~​

What is owner's equity?Nonsense = Reported Thank you ~