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Contact [7]
3 years ago
7

A firm that is a "pure monopoly" is

Business
1 answer:
vichka [17]3 years ago
7 0
I believe it is A

a monopoly is when a company owns all the companies in that buisnesses
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Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the
nikitadnepr [17]

Answer:

Betty's AGI $33,558

Explanation:

Betty's AGI:

Revenue from salon $88,560

Salaries paid to beauticians ($46,440)

Nail salon supplies ($23,620)

Salon's operating income $18,500

                   +

Interest income $14,665

                   +

Rental revenue from apartment building $35,180

Depreciation on apartment building ($14,400)

Real estate taxes paid on apartment building ($11,980)

Rental income $8,800

                    -

Alimony paid to her husband $7,100

                    -

Self-employment tax on salon income $1,307

                   =

Betty's AGI $33,558

Real estate taxes paid on Betty's house and charitable contributions are itemized deductions (below the line deductions).

6 0
3 years ago
He gross domestic product (gdp) of the united states is defined as the
Mashcka [7]
The worlds most largest national economy in nominal terms. Is the second largest in purchasing power parity (ppp).
representing 22 percent of nominal global gpd and 17 percent of gross world product (gwd)
5 0
3 years ago
From the dropdown box beside each numbered balance sheet item, select of its balance sheet classification.
Kamila [148]

Answer:

Balance Sheet Classifications:

                               Account Title                             Classification

1. Prepaid Rent       Prepaid Rent                              Current Assets

2. Equipment         Property, Plant, & Equipment    Plant Assets

4. Land                   Land                                            Long-term assets

5. Land                   Land                                            Long-term assets

6. Office Equipment  Property, Plant & Equipment Plant Assets

7. Common Stock  Common Stock                          Equity

8. Buildings                Property, Plant & Equipment Plant Assets

9. Bonds Payable      10-year Bonds Payable          Long-term Liabilities

10. Accumulated Depreciation -Truck                      Contra account to Long-term assets

11. Mortgages Payable  6-year Mortgages             Long-term liabilities

12. Automobiles           Automobiles                       Long-term assets

13. Notes payable        3-year Notes Payable         Long-term liabilities

14. Land                         Land                                    Long-term assets

15. Notes payable       2-month Notes Payable     Current liabilities

16. Notes Receivable  2-year Notes Receivable    Long-term assets

17. Interest Payable    Interest Payable                   Current liabilities

18. Long-term investment in stock                          Long-term investments

19. Wages Payable       Wages Payable                   Current liabilities

20. Office Supplies      Office Supplies                   Current assets

Explanation:

a) Current assets are short-term financial resources owned by the entity from which economic benefits will accrue.  They are mainly used as working capital to generate more revenue.

b) Long-term investments are investments in securities like bonds and stock held by the entity to generate interests and dividends.

c) Plant assets are property, plants, and equipment which are non current assets being used for the long-term in the running of the business, e.g. building.

d) Intangible assets are assets which are not physical in nature.  Examples of intangible assets are patents and copyrights, mining rights, and intellectual property.

e) Current liabilities are financial obligations of the entity which must be settled with financial resources within a calendar year or less.  Examples: Wages Payable, Accounts Payable, and Unearned Revenue.

f) Long-term liabilities are liabilities (financial obligations) which an entity settles with financial resources that can last for more than a calendar year.  Examples included Bonds, Notes, and other payables which are not current.

g) Equity refers to the ownership interest in an entity.  This is what the owners of the business are entitled when other creditors have been settled.  It is made of contributed capital and retained earnings.

7 0
3 years ago
according to Tuckman's five-stage model of group and team development, what is the second stage in the process?
dsp73

Answer: The second stage is the "Storming Stage"

Explanation:

Bruce Tuckman's five-stage model of group and team development, propounded in 1965, consists of the forming, storming, norming, performing and adjourning stages.

The second stage, storming, is the most difficult and crucial stage in team development process, especially for a team that has never been together. At this stage, there's usually conflict of interests and members of the team may form "cliques" based on common grounds of agreement.

Performance of the team may decrease because members could begin to disagree on team goals and individual personalities emerge.

A solution would be for the team members to accept one another's individuality and focus on the task at hand.

4 0
3 years ago
The Clear Music Company produces and sells a desktop speaker for $100. The company has the capacity to produce 50,000 speakers e
Harrizon [31]

Answer:

Explanation:

Unit level costs = $45*1000= $45,000

Add: Additional costs = $10,000

<em>Total cost $55,000</em>

Number of units 1000

cost per unit = 55,000/1000 = $55

At $55 company will be between accepting and rejecting the special order

5 0
3 years ago
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