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1 year ago

15

The income effect indicates that a price increases the purchasing power of income, enabling consumers to purchase

of a product and vice versa.

1 answer:

Margaret [11]1 year ago

5 0

Answer:lower;more

Explanation:

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Whoever answers gets brainlist!

Anika [276]

Answer:

false

Explanation:

S corporation form of business ownership is one type of corporation. It is a corporation whose shareholders have elected to become an S corporation. The formation of this form of business structure is not easy. First, a corporation is formed as per the requirements of the laws. Some requirements include drafting of articles and memorandum of association, appointing directors, and registering the corporation.

The shareholder can then apply to be an S incorporation if they meet the requirement. Some of them are

1. Should not have more than 100 shareholders

2. Shareholders should be individual or some exempt entities.

3. Have one class of stock

7 0

3 years ago

The Maurer Company has a long-term debt ratio of .50 and a current ratio of 1.40. Current liabilities are $970, sales are $5,190

bekas [8.4K]

Answer:

$7,210.1065

Explanation:

The computation of net fixed assets is shown below:-

But before that we need to do the following calculations

Current Ratio = Current Assets ÷ Current Liabilities

Current Assets = 1.40 × $970

= $1,358

Profit Margin = Net Income ÷ Sales

= 9.30% = Net income ÷ $5,190

Net income = $5,190 × 9.30%

= $482.67

ROE = Net Income ÷ Shareholders Equity

16.90% = $482.67 ÷ Shareholders Equity

Shareholders Equity = $482.67 ÷ 16.90%

= $2,856.0355

Long-term debt ratio = Long term debt ÷ (Long term debt + Equity)

0.50 = Long term debt ÷ (Long term debt + $2,856.0355)

Long term debt = 0.50 × Long term debt + $2,856.0355

0.5 × Long term debt = $2,856.0355

Long term debt = $2,856.0355 ÷ 0.50

= $5,712.071

Total Assets = long term debt + Equity

= $5,712.071 + $2,856.0355

= $8,568.1065

Now

Total Assets = Current Assets + Fixed Assets

$8,568.1065 = $1,358 + fixed assets

So, the fixed asset is

= $8,568.1065 - $1,358

= $7,210.1065

7 0

3 years ago

Which advertising technique involves the giving of an additional item at no extra cost?

Rudik [331]

Answer:

The advertising technique that involves the giving of an additional item at no extra cost is:

<u>Promotion</u>.

Explanation:

<u>Promotion</u> is an advertising technique based on the customer's perception regarding the price or service provided for a good or service, <u>when an additional item is offered at no extra cost, the customer immediately assumes that the product they are buying has a lower value than others of the same style since you are carrying an additional product with which, if the price were divided between the two products, you would notice a profit</u>.

5 0

3 years ago

What is free trade? A. Trade that is not subject to taxes or fees B. Trade that governments do not interfere with C. Trade with

shtirl [24]

free trade is trade that governments do not interfere with. Governments can impose trade restrictions and tariffs on trade that might inhibit two parties from being able to trade freely.

6 0

3 years ago

Cooper’s Brakes, Inc., enters into a contract with Byron’s Service to fix Cooper’s hydraulic equipment. Byron delays the repair

Dennis_Churaev [7]

Answer:

The answer is: Compensatory damages

Explanation:

Compensatory damages refers to money awarded to a plaintiff in a civil case (in this case Cooper's Brakes) to compensate for incurred losses (or injuries, etc. in other cases). The plaintiff has to prove that the losses he suffered were caused by negligence or unlawful conduct of the defendant (Byron's Service). The plaintiff has to be able to quantify (in monetary terms) the damages it suffered.

4 0

3 years ago