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Paul [167]
3 years ago
6

I. Explain the termexcess demand.​

Business
1 answer:
sladkih [1.3K]3 years ago
3 0

Answer:

economics a situation in which the market demand for a commodity is greater than its market supply, thus causing its market price to rise.

Explanation:

this is the definition. hope this helps.

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In 2020, Ada lived with her son, Robert, and his wife, Barbara. Ada’s only source of income was a $1,500 fully taxable pension,
Harrizon [31]

Answer:

$5,300

Explanation:

Calculation to determine Ada’s total support for the year

Medical and drug expenses $600

Add Lodging $1,200

Add household total food expense $2,000

($6,000/3 Ada+Robert+Barbara)

Add Source of income $1,500

Total support $5,300

($600+$1,200+$2,000+$1,500)

Therefore what Ada’s total support for the year for purposes of determining whether Robert and Barbara can claim Ada as a dependent will be is $5,300

3 0
3 years ago
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows
Alexxandr [17]

Answer: should be b

Explanation:

4 0
3 years ago
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
Snezhnost [94]

Answer:

$4,248 under applied

Explanation:

For computing the ending overhead amount we need to do following calculations which are shown below:

Predetermined overhead rate is

= Total estimated manufacturing overhead ÷ estimated direct labor-hours

= $516,368 ÷ 21,880 hours

= $23.6 per hour

Now

Actual overhead applied  is

= $23.6 ×  21,700 hours

= $512,120

Therefore,

Overhead under applied is

= Manufacturing overhead - Actual overhead applied

= $516,368 - $512,120

= $4,248 under applied

3 0
4 years ago
If you want to compare the operations of similar firms without the firm's capital structure or tax status affecting that compari
borishaifa [10]

Answer:

We make use of EBIT (Earnings before Interest and Tax)

Explanation:

Each company has different capital structure (i.e mixture of equity and debt) that gives its weighted average cost of debt. This is depended on the risk profile of the company and macro economic policy prevailing in its jurisdiction.

At the same time, the tax liability of each company differ at different point in time which is depended on the nature of its transactions and the tax laws operating at its jurisdiction.

It is assumed that firm may not have absolute control over all these variables. Hence, in order to ensure that  a fair basis is used in comparing similar firms performance, EBIT is always used as a common ground for comparing performance.

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3 years ago
A certain genetic mutation is found with a high frequency in
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Answer:

B. This genetic mutation codes for the production of a protein that provides resistance to the disease.

Explanation:

6 0
3 years ago
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