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4 years ago

Why is accounting a service industry?

2 answers:

3 0

Hi there.

I recently learned in Social Studies that services are usually intangible services. They have value, but you cannot physically touch them.

I'm also using the process of elimination. With that, I give you my best guess:

A. Because it provides support but no tangible goods.

Hope this works out for ya!

guapka [62]4 years ago

3 0

Answer:

A. because it provides support but no tangible goods

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7. Goop Inc. needs to order a raw material to make a special polymer. The demand for the polymer is forecasted to be normally di

marusya05 [52]

Answer:

i do not support gwentyth paltrows company

6 0

3 years ago

If the supply of loanable funds decreases and the demand for loanable funds increases at the same time, interest rates will:

Korolek [52]

If the supply of loanable funds decreases and the demand for it increases at the same time, interest rates will increase. Interest rate is inversely proportional to the supply of money. Smaller money supplies raise market interest rates. A larger money supply lowers market interest rates.

6 0

3 years ago

Suppose you borrow $2,000 for one year and at the end of the year you repay the $2,000 plus $110 of interest. If the expected

UkoKoshka [18]

Answer:

b. 3.3%

Explanation:

The nominal interest rate is 5.5%, (110/2000*100), and the inflation was 2.2%

The shortest way to calculate real interest rate is to subtract the inflation from the nominal interest rate, in this case

5.5% - 2.%2 = 3.3%

6 0

4 years ago

Consider the market for tablet (like iPads and Android tablets). Suppose the average price of an iPad goes up by $20 when a majo

NikAS [45]

Answer:

The price of Android tablets will increase.

The demand for Android tablets will increase.

Explanation:

iPads and android Tablets are direct competition for one another.

So, when the average prices of an ipad goes up , some percentage of the consumers will seek alternatives for similar product. This is why the demand for android tablets will increase.

But, there is one more point to consider.

Online retailer tend to sell different brands of a similar product to its consumers. It is very likely that big retailers will sell both apple and andorid products in their store.

if the price of Ipad goes up because of the change in the retailer's sale policies, that change will definitely affect the price of the android as well

Because of this, The price of Android tablets will also increase. Even though the increase may not be as high as Ipad since they have lower baseline price/

5 0

3 years ago

Assume that you have just purchased some shares in an investment company reporting $500 million in assets, $50 million in liabil

kiruha [24]

Answer:

B. $9

Explanation:

Assets value = $500 million

Liability value = $50 million

Use following formula to calculate NAV

Net Assets value = Assets value - Liability value

Net Assets value = $500 million - 50 million

Net Assets value = $450 million

Net Assets value = $450 million / 50 million

Net Assets value = $9 per share

So, the correct option is B. $9.

6 0

4 years ago