Answer:
$70,000 loss
Explanation:
Cromwell corporation bought bonds of Oliver company at par at $300,000 in the year 2021
In 2022, the market value reduced to $200,000
In the year 2023, The market value rose to $230,000
Therefore the amount that should be recorded be Cromwell corporation as its realized loss or gain in the determination of net income for 2023 can be calculated as follows
= $230,000 - $300,000
= -$70,000
= $70,000 loss
Hence the amount that should be recorded by Cromwell corporation is $70,000 loss
Answer:
b. shift to the right.
Explanation:
A monopolistic competition is when there are many sellers of differentiated goods and services in an industry. Firms set the market price for their goods and services.
If firms leave the industry, the number of firms available to cater to consumers needs have reduced while the amount of consumers remain the same. Customers of the firms that exited the industry begin to patronize firms that are still in the industry. This leads to an increase in demand for existing firms and their demand curve shifts to the right.
I hope my answer helps you
The Global Climate Change Inititive
Answer:
This type of income is known as non-operating income in the financial statements
Explanation:
Non-operating income, as the world implies, is the income that a firm earns from activities that are not related to its main economic activity. An example would be a mall, whose main activity is the rental and management of commercial real estate, earning some income from short-term investments in the secondary market. This interest would be reported as non-operating income, and would be treated as such for financial, accounting, and tax purposes.
Answer:
include both suppliers and forward channel partners.
Explanation:
An industry value chain can be defined as a physical representation of all of the activities and processes undertaken by a company or business firm for the manufacturing of goods and services, especially starting with the purchase of raw materials, manufacturing of finished goods and then ending with the delivery of the finished goods (products) to the market and consumers through a supply chain.
This ultimately implies that, industry value chains include both suppliers and forward channel partners.
In conclusion, an industry value chain should comprise of the margins of suppliers, value-creating activities and processes, costs, and forward channel partners.
