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77julia77 [94]
3 years ago
7

Suppose Frances earns $550 per week working as a programmer for PC Pros. She uses $9 to order a mojito cocktail at Little Havana

. Little Havana pays Dmitri $350 per week to wait tables. Dmitri uses $175 to purchase software from PC Pros.
Identify whether each of the following events in this scenario occurs in the resource market or the product market.
A) Dmitri spends $175 to purchase software from PC Pros
B) Frances earns $550 per week working for PC Pros
C) Frances spends $9 to order a mojito cocktail
Business
1 answer:
likoan [24]3 years ago
7 0

Answer:

Suppose Frances earns $550 per week working as a programmer for PC Pros. She uses $9 to order a mojito cocktail at Little Havana. Little Havana pays Dmitri $350 per week to wait tables. Dmitri uses $175 to purchase software from PC Pros.

Identify whether each of the following events in this scenario occurs in the resource market or the product market.

Frances earns $550 per week working for PC Pros

Explanation:

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How many people make 1 million per year in the world
Dmitry [639]
I think it’s around 18 million or more people that make more than 1 million or 1 million yearly
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3 years ago
Markets provide the efficient amount of a good or service when externalities are present. monopoly exists. public goods are pres
torisob [31]
Markets provide the efficient amount of a good or service when <span>externalities and public goods are absent.
Externalities in this case refers to an unpredictable occurence such as natural disasters, and public goods refers to the goods that given from the government for lower or higher than the market price</span>
4 0
3 years ago
From the beginning of 2000 until its peak in 2012, Apple’s stock price rose from $27.97 to $702.10, an increase of 25 times. Yet
Tcecarenko [31]

Answer:

Steve Jobs coming back, Innovations, and Tim Cook taking over as COO

Explanation:

The fluctuations in stock prices of a company are due to improved performance of the company in meeting it's objectives and perception that the business will do better in the future.

In the given scenario there was an initial increase in Apple’s stock price from $27.97 to $702.10, an increase of 25 times.

This can be attributed to the return of Steve Jobs as the CEO of Apple. There was a confidence boost by his coming back. Also there were various innovations like: iPhone, iMac, iPod, and iTunes. These improved the performance and by extension share price of Apple.

However when Tim Cook took over as COO he reduced production by half resulting in stock price decrease by 37% from its peak in September 2012 until the end of March 2013, from $702.10 to $442.66.

3 0
3 years ago
. lflandis purchased as a building site, the cost of removing existing structures is not charged to the Land account. 12. Deprec
vitfil [10]

Answer:ers 1 it should be included in the land account, 2 it is a process of allocation of cost of the asset. 3 A stock is not the same as cash dividend , 4 Business entity concept, 5 Going concern concept, 6 capital is more accumulated in a corporation than in most other forms of business, 7 corporate income is taxed twice, 8 owners has unlimited liability on corporate debt, 9 The ownership right is easily transferred, 10 to reduce the par or stated value per share.

Explanation:

1 . The cost of removing the existing structure should be included in the land account, in the sense that, It is the cost of preparation of the land for the purpose for which it was purchased.

2. Depreciation can be defined as a decrease or fall in the value of fixed asset, it is the part of the cost of fixed asset consumed during the period of use of the asset by the firm. It allocated that is set to measure the service the asset has provided during the accounting period.

3. A stock is the collection of shares into a bundle or consolidated shares, while a cash dividend is the return given to shareholders based on their investment in shares in the company.

4. The accounting concept of business entity states that, a business is seen as a separate legal entity different from its owners in order to know exactly what the capital employed by the owner's have yielded. When a business is to be sued it is sued in it is own name and not in the name of the owner's of the business.

5. This is the accounting concept of going concern which states that, a business is going to last forever, it is not expected to be liquidated or reduce their scale of operations in the future. This assumption is however broken when there is a voluntary or compulsory liquidation. The death of a shareholder or any members of the board does not bring the business to an end.

6. Capital is more accumulated in a corporation than in most other forms of organization in the sense that, capital can be obtained from different sources such as sales of shares, Debentures, Bank loan and overdraft, Trade credit, Equipment Leasing

7. Corporate income that is distributed to shareholders is taxed twice in the sense that, the company when they made their profit they are made to paid corporate income tax to the government through the tax authority, and when the income is distributed to shareholders in form of dividend the shareholders are also expected to pay tax on the dividend they received from the company.

8. Owners has unlimited liability on corporate debt in the sense that, if the company goes into liquidation, the shareholders can only lose the capital they contributed in form of shares and will not be asked to pay anything further in order to settle the debt of the company.

9.The transfer of shares in a corporation by shareholders does not required the consent of anybody thus it can be easily transferred. A corporation has the advantage of allowing the shareholders to transfer their capital which are in form of shares at will if they feel dissatisfied with the company.

10. Stock split is the method of increasing the number of outst

3 0
3 years ago
With the holiday season approaching, Denelle reviews holiday sales from the last five years to determine how much inventory to p
Westkost [7]

The information given shows that Denelle is conducting a trend analysis.

<h3>What is a trend analysis?</h3>

It should be noted that attend analysis simply means a technique that's used t predict future investment.

In this case, Denelle reviews holiday sales from the last five years to determine how much inventory to purchase and how many employees to schedule during peak sales times.

Learn more about trend analysis on:

brainly.com/question/25819900

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