Retained Earnings = $86,000
Accounting Equation…Assets= Liabilities + Owners Equity
Assets (Cash, acct rec, equipment, building, land) = $421,000
Liabilities (Notes payable, accounts payable)= $260,000
Equity (capital stock) = $75,000
Liabilities + Equity= $335,000
Retained Earnings flows into equity
$421,000-$335,000= $86,000
$335,000+86,000= $421,000
So the equation balances.
The answer to this question is letter D. <span>The closing costs cover titles, taxes, and realtor costs. After closing, the only monetary obligation is to the lending party.
</span>Closing costs<span> are fees paid at the </span>closing<span> of a </span>real estate transaction<span>. It is called the </span>closing<span> when the </span>title<span> to the property is </span>conveyed<span> to the buyer. Closing costs then are incurred by the buyer or the seller, either of the two.</span>
Answer:
d. .64.
Explanation:
Price elasticity of demand measure the responsiveness of demand against change in the price of given product. It measures the ratio of change in demand to change in price.
Change in demand = ( 2200 - 2000 ) / [ (2200+2000)/2 ] = 200 / 2100 = 0.0952
Change in price = ( 1.25 - 1.45 ) / [ (1.25+1.45)/2 ] = 0.2 / 1.35 = 0.148
Elasticity of Demand = Change in demand / change in price = 0.0952 / 0.148 = 0.643 = 0.64
<span>Human capital is the term that refers to the knowledge, education, training, skills, and expertise of a firm's workers.
</span>Gary Becker, an economist from the University of Chicago has popularized this term. <span> The human capital includes assets of individuals that can be used to create economic value for the individuals, their employers, or their community: </span>
