The signals that guide the allocation of resources in a market economy are

1 answer:

7 0

The answer to this question is the term prices. Prices are the value of a certain product or services. A price is the value or amount of money being paid in exchange of the product being bought. In pricing a product or service, a markup is being set to the price.

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You will undoubtedly find yourself in numerous leadership situations during your professional career.

kicyunya [14]

True. <span>You will undoubtedly find yourself in numerous leadership situations during your professional career. Leaders can come about within many situations depending on what situation stands out to them and meets their needs/background. During your professional career, you could lead or be lead depending on the project or situation you are in. Different people lead best in large groups, while others in small. All leaders are different and you can </span>develop these skills overtime.

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3 years ago

When both parties to a contract are mistaken as to the same material fact either paarty can rescind the contract?

crimeas [40]

I took this question already, so if it was
<span>
Often, when both parties to a contract are mistaken as to the same material fact, either party can rescind the contract.

It would be "True"

</span>

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3 years ago

Ophelia Inc. just learned that Patton Inc., one of its customers with an outstanding accounts receivable balance, filed for bank

wlad13 [49]

Answer:

Ophelia Inc.

Assuming that the company utilizes the allowance method, Ophelia should record a(n):

decrease in Accounts Receivable

Explanation:

This means that the accounts receivable will be credited while the allowance for doubtful accounts is debited to record the decreased value. The Patton Inc. account may not be recovered fully. However, the amount of the decrease depends on the amount that can be recovered from Patton. Thereupon, the accounts receivable will first be credited with the cash recovered with the corresponding debit entry in the Cash account.

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3 years ago

On January 1, 2020, Bonita Company purchased 12% bonds, having a maturity value of $320,000 for $344,260.74. The bonds provide t

Delvig [45]

Answer:

Following are the responses to the given points:

Explanation:

For point a:

Criteria I

Date: 1-1.2020 Debt Investments $\$3,44,260.74$