Those are supply curves and demand curves. Supply curves have to meet the production requirements, while demand curves have to meet the consumer's willingness to pay.
Answer:
$15,000
Explanation:
Closing retained earnings is the accumulated value of an entity`s profit reserve from its earnings from both current and past accounting periods.Closing retained earnings is calculated by deducting dividend paid from earnings after tax of the current year and adding the balance to opening retained earnings.
= Opening retained earnings + (Earnings after tax - Dividend paid)
Based on the information supplied, the closing retained earnings will be:
$
Service Revenue 10,000
Total Expenses (6,000)
Operating profit 4,000
Dividend <u> (1,000)</u>
Retained Earnings 3,000
Retained Earnings b/f <u> 12,000</u>
Closing Retained Earnings <u> 15,000</u>
Note: No information in regard of tax, so the operating profit is used as profit after tax.
The federal reserve bank may decide to INCREASE THE INTEREST RATE. Interest rate refers to the amount that is charged for making use of a particular loan. Increasing the interest rate is one of the monetary policy which the federal reserve bank use to control the money supply in an economy.
If i am correct it is A. Yep, I googled it
Answer:
$10,000 gain
Explanation:
The computation of recognized loss or gain is shown below:
= Insurance proceeds amount - adjusted basis
= $360,000 - $350,000
= $10,000 gain
So, it would have a recognized gain of $10,000 by considering the amount of insurance proceed and adjusted basis. We ignore all other information which is given in the question
