Answer:
Theresa has $6,000 in equity.
Explanation:
To get this answer, you take the value of her car ($15,000) and subtract the amount that she owes from it ($15,000-$9,000). This gives you $6,000.
Hope this helps!
Answer:
Credit; $100
Explanation:
When the shares are authorized there is no specific entry,
When the authorized shares are issued then proceeds are debited to the cash account and the common stock account is credited by that amount.
In this case,
Common Stock will be credited by 100 * 1 =$100
Hope that helps.
Answer:
The correct answer is option d.
Explanation:
Music compact discs are normal goods. This means that they have a positive income elasticity.
If musicians lower their royalties the cost of producing CDs will get reduced and producers will have more profit. The producers will be able to produce more compact discs at the same cost. This will cause the supply of compact discs to increase. As a result, the supply curve will move to the right.
Compact discs player is a complementary good for compact discs. A fall in the price of the complement will increase the demand for discs. At the same, an increase in income of music lovers will contribute to increasing the demand for discs.
As a result, the demand curve will shift to the right. This rightward shift in both the demand as well as the supply curve will cause the equilibrium quantity to increase. The change in price will depend upon the extent of change in demand and supply.
The first answer is C and the second one is False
hope it helps
Answer:
C. Country A equals –$100 million.
Explanation:
Imports from Country B to Country A = $200 million
Imports from Country A to Country B = $100 million
Imports for one country represents exports to another.
Net exports is the difference between exports and import for a country.
Net exports for country A = $100 million - $200 million = - $100 million
Net exports for country B = $200 million - $100 million = $100 million
Right option is C. Country A equals –$100 million. Country's A export is less than it's import.
