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2 years ago

Evidence is usually more persuasive for balance sheet accounts when it is obtained:______.

1 answer:

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Evidence is usually more persuasive for balance sheet accounts when it is obtained as close to the balance sheet date as possible.

<h3>What is a balance sheet?</h3>

An organization's assets, liabilities, and shareholder equity are displayed on a balance sheet, which is a financial statement. Balance sheets serve as the basis for determining investor return rates and evaluating a company's financial structure.

The balance sheet is a financial statement that provides a brief summary of a company's assets, liabilities, and shareholder investment. Balance sheets can be used in conjunction with other important financial data when doing basic analysis or generating financial ratios.

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. The assets on the balance sheet are equal to the total of the liabilities plus the shareholders' equity. Financial ratios are computed using balance sheets by fundamental analysts.

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Suppose a city that operates local electric and natural gas companies wants to raise revenues by increasing its rates for electr

leva [86]

Answer: Inelastic

Explanation:

Price elasticity could be defined as when the desire for a product changes as it's price changes. When people's desires changes or they are no longer interested as the price for the commodity goes up. Inelastic demand is defined as when the buyers demand does not change or is not influenced as the price of the commodity goes up, rather the demand decreases than increasing. The price rise will increase city revenues if the elasticity of demand for electricity and natural gas is elastic.

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4 years ago

Windsor, Inc. just began business and made the following four inventory purchases in June: June 1 138 units $828 June 10 184 uni

Liono4ka [1.6K]

Answer:

$1,150

Explanation:

Given the above information, the value of the inventory method on June 30, using LIFO method would be calculated as;

= $828 + [ ($1,288 ÷ 184) × (184 - 138) ]

= $828 + (7 × 46)

= $829 + $322

= $1,150

Therefore, the ending inventory on June 30, using LIFO method is $1,150

7 0

3 years ago

John and Amelia work for Dover Farm and Home Company. John and Amelia are caught one day stealing a tractor. The next day, John

8090 [49]

Answer: Amelia has a claim for discrimination based on gender discrimination.

Explanation:

Gender discrimination has to do with inequality that exists between men and women at workplace, homes etc. These differences ate as a result of cultural norms, psychology etc.

In this scenario, we are told John and Amelia were caught one day stealing a tractor at their workplace but that John was given a verbal warning and Amelia was terminated. This shows that there is gender discrimination. Since they both committed thesame offence, they should get thesame punishment. Therefore, Amelia has a claim for discrimination based on gender discrimination.

4 0

3 years ago

A monopolist can practice third-degree price discrimination. If demand in the United States is given by y1 = 7,200 – 100p1, wher

Novosadov [1.4K]

Answer:

The difference between the monopolistic price charged in England and the monopolistic price charged in the United States will be = 27

Explanation:

Y1 = 7200 -100p1 = > p1 = 72 – y1/100

Y2 = 3600 – 200p2 = > p2 = 18 – y2/200

The cost of monopolist (since it’s the same firm and uses same technology) shall be same in both countries, hence let us assume marginal cost to be say c

Now the first order condition for Profit Maximisation of a monopolist yields

Marginal Revenue = Marginal cost

= > Marginal Rev US = c = Marginal RevEngland…………………..i

Now, Revenue in US = p1y1 = y1(72 – y1/100)

MR US = dRev/dy1 = 72 – y1/100 -y1/100 = 72 – y1/50

Similarly MREng = 18 – y2/100

Hence putting the above derivations in i:-

72 – y1/50 = 18 – y2/100

Now putting values for y1 and y2 again the above equation becomes:-

72 – (7200 -100p1)/50 = 18 – (3600 – 200p2)/100

= > 54 – 144 + 2p1 = -36 + 2p2

= > 2(p1 – p2) = -36 + 90 = 54

= > p1 – p2 = 27

8 0

3 years ago

During the recession of 2008-2009, the administrations of Presidents George W. Bush and Barack Obama flooded several banking, fi

Jobisdone [24]

Answer:

The answer is: C. The trend toward mostly capitalist nations to move toward socialism.

Explanation:

Capitalism is an idea that favors free markets, but 100% pure capitalism will never exist. The same happens to socialism, no country is 100% socialist. All the countries in the world are mixed between capitalism and socialism but on different percentages.

For example, in a true capitalistic nation no government could exist since no taxation would be allowed. Governments function with the money of their citizens collected through taxes, but theoretically in a free market taxes don't exist. Currently the US and China are involved in a "trade war" which includes import tariffs, which should not exist according to capitalism.

I'm not sure, but I believe there are no pure socialist countries in the world and they probably have never existed either. Not even the Soviet Union was a pure socialist country and China has become the biggest defender of capitalism in the world.

5 0

3 years ago