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3 years ago

5

Prices act as signals in markets. if the price of a good increases due to an increase in demand, this is a signal to producers t

o:

1 answer:

Nataliya [291]3 years ago

4 0

If the prices go to high then the demands will go down

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The following selected transactions apply to Topeca Supply for November and December Year 1. November was the first month of ope

vitfil [10]

Answer:

Note: See attached excel file for the record of the effect of the given transactions in a horizontal statements model.

In the attached excel file, we have:

Assets = Liabilities + Stockholders' Equity = $152,155

Explanation:

In the attached excel file, we have:

Sales tax payable on sales for November Year 1 = $65,500 * 9% = $5,895

Sales tax payable on sales for December Year 1 = $79,500 * 9% = $7,155

Assets = $152,155

Liabilities + Stockholders' Equity = $7,155 + $145,000 = $152,155

Therefore, the accounting equation is proved as follows:

Assets = Liabilities + Stockholders' Equity = $152,155

6 0

2 years ago

The report of which agency states, "it is paradoxical that obesity is increasing in the us while more people are dieting than ev

allsm [11]

Institute of medicine.

Obesity is one of the main health issues for the USA. Obesity has multiple consequences not only on the obese person per se but also on the health system that has to deal with the multiple side effects of the obesity. This explains the paradox that the report of Institute of medicine is talking about, as the data for obese people increase as well as the data around the sales of dieting product.

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2 years ago

Suppose you inherited $275,000 and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20

navik [9.2K]

Answer:

withdraw amount = 28532.45

so correct option is a. $28,532

Explanation:

given data

present amount = $275,000 bonus

interest rate = 8.25% per year = 0.0825

time period = 20 year

solution

first we get here Cumulative discount factor that is

Cumulative discount factor = $\frac{(1-(1+r)^{-t}}{r}$ .........................1

here r is rate and t is time period

put here value and we will get

Cumulative discount factor = $\frac{(1-(1+0.0825)^{-20}}{0.0825}$

solve it we get

Cumulative discount factor = 9.638148

and now we get so here withdraw amount at the end of each of the next 20 years that is

withdraw amount = Present amount ÷ cumulative discount factor ............2

put here value

withdraw amount = $\frac{275000}{9.638148}$

solve it we get

withdraw amount = 28532.45

so correct option is a. $28,532

8 0

3 years ago

:wifi corporation, a u.s. firm, signs a contract with bueno computadores, ltd., an argentinean firm, for a shipment and payment

Zielflug [23.3K]

This is direct exporting. It is a circumstance in which an organization offers its items straightforwardly to clients in another nation without utilizing someone else or association to make courses of action for them, or an item that is sold thusly: The immediate fare of products includes certain methods, which must be clung to.

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3 years ago

A financial asset is: a physical asset like a car. a claim that entitles the owner to future income from the seller. the value o

stira [4]

Answer:

The correct answer is letter "B": a claim that entitles the owner to future income from the seller.

Explanation:

Financial assets are intangible resources that represent an entity's ownership claim or contractual rights to future payments. Common types of financial assets are cash, stocks, bonds, bank deposits, options, futures contracts, and derivatives. The value of an asset depends on supply and demand and its underlying value.

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2 years ago