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3 years ago

Whether a buyer or a seller pays more of a commodity tax depends on:

2 answers:

6 0

A buyer or seller that pays more of a commodity tax is still dependent on a specific factor such as the relative price elasticity that are present or visible because this could greatly affect the commodity tax that the buyer or seller pays.

aivan3 [116]3 years ago

3 0

Answer:

becaude of the taxes

Explanation:

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In 2021, Adonis Industries changed its method of valuing inventory from the average cost method to the FIFO method. At December

Elena-2011 [213]

Answer:

<u>Retained earnings under the Balance sheet</u>

Explanation:

Making comparisons between the two inventory value when using FIFO or Average cost method=

63.0M - 47.1M = $15.9M

We see an <em>increase</em> in the ending inventory.

Thus, this increase in income has been unprecedented, and may not have been distributed to the shareholders of Adonis Industries. On the balance sheet journal entry this extra income would be indicted on the balance sheet on the retained earnings column for year 2021.

7 0

3 years ago

Read 2 more answers

You want to determine the upper control line for a p-chart for quality control purposes. You take several samples of a size of 1

Harlamova29_29 [7]

Answer:

The resulting UCL value for the line is 0.07. The right answer is d

Explanation:

According to the given data we have the following:

P-bar = Fraction defective = 0.05

Sp = Standard deviation = 0.01

In order to calculate the resulting UCL value for the line we have to use the following formula:

UCL = P-bar + (Z x Sp)

Using standard normal table, for 95% confidence level Z=1.96

Therefore, UCL = 0.05 +(1.96x0.01)=

UCL = 0.0696, Hence UCL=0.07

The resulting UCL value for the line is 0.07

8 0

3 years ago

Sammy says, “I don’t think it’s fair that I have to pay for car insurance when I’m a super safe driver.” Explain why this logic

Anvisha [2.4K]

Answer:

Car insurance isn't in place for people who are bad drivers, although I'm sure it helps them too. It's in place for situations you can never predict. Just because you're a good driver doesn't mean the people around you aren't. You have no control of other people's actions, so you might actually need that insurance Sammy.

Explanation:

im smart

6 0

3 years ago

Type the correct answer in the box. Spell all words correctly.

ra1l [238]

Answer:

The answer is Monopoly

Explanation:

Monopoly describes the situation which supply of a service or commodity is controlled by a specific enterprise or person. The situation gives rise to what is known as a mopolisitic market structure.

A monopolistic market, like the term implies, describes a market that is dominated by just one company. In other words, it is just a single company that offers services and products to the public.

Being the only supplier, the company can raise prices, restrict output and enjoy super-normal profits.

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3 years ago

Using the following accounts and balances, prepare the "Stockholders’ Equity" section of the balance sheet using 20,000 shares o

olga55 [171]

Answer and Explanation:

The preparation of the stockholder equity of the balance sheet is presented below:

Shares issued $48,000,000

Add: Paid-In Capital in Excess of Par $6,400,000

Add: Paid in Capital from Sale of Treasury Stock $4,500,000

Add: Retained Earnings $63,680,000

Less: Treasury Stock, 40,000 shares -$5,200,000

Total stockholders' equity $117,380,000

6 0

3 years ago