Answer:
They cause financial loss to the business
Explanation:
Because when debts are not back by the debtor to the business loss occurs
Answer:
reported as a current asset on the balance sheet.
Explanation:
According to US GAAP, inventory must be reported at lower of cost or market value. ⇒ Therefore, "generally valued at the price for which the goods can be sold." is wrong.
Inventory is included under current assets since it is considered relatively liquid. ⇒ Therefore, "reported under the classification of Property, Plant, and Equipment on the balance sheet." is wrong.
Inventory is not an expense, cost of goods sold is an expense account. ⇒ Therefore, "reported as a miscellaneous expense on the income statement." is wrong.
Answer:
without tax: $ 7 consumer surplus
with tax: $ 2 consumer surplus
differece: decrease of $5
Explanation:
the consumer surplus is the difference between the amount willing to pay for the good and the equilibrium price:
with no tax:
ken is willing to buy for 20 - 15 equilibrium price = 5
mark is willing to buy for 17 - 15 equilibrium price = 2
total 7
with taxes:
ken is willing to buy for 20 - 18 equilibrium price = 2
mark has no consumer surplus
total 2
difference: 5
<span>Dbms vendors can publish meta dictionaries to facilitate data exchanges......
DBMS stands for data base management system is a computer software system or application which is used for creating and managing databases (which are organized collection of data). </span><span>Programs access the </span>DBMS (database management system)<span>, which then accesses the data.</span>
D. Price ceiling
This is a government regulation that establishes a maximum price for a specific thing.