Answer:
This question is incomplete. However, I found the full question with choices from the web ;
Which of the following describes the results of an increase in supply on price and quantity in the market?
a.) Both price and quantity increase
b.) Both price and quantity decrease
c.) Price increases and quantity decreases
d.) Price decreases and quantity increases
e.) Insufficient information
Explanation:
If the supply of a product or service increases in the market, it means that there will be an increase in the quantity of that product/service. Due to the interplay of the law of demand and supply, competition among suppliers will increase, driving the price down. Therefore, there will be a fall the equilibrium price and increase in quantity , making choice D correct.
Answer:
The common-size percentage of the equity is c. 66.87 percent
Explanation:
Total asset of the firm = Inventory + Cash + Net fixed assets + Accounts receivable = $46,500 + $1,250 + $318,650 + $16,600 = $383,000
Liabilities = Accounts payable + Long-term debt = $17,400 + $109,500 = $126,900
Basing on Accounting Equation Formula
:
Total Assets = Liabilities + Owner’s Equity
Owner’s Equity = Total Assets - Liabilities = $383,000 - $126,900 = $256,100
The common-size percentage of the equity = ($256,100/$383,000) x 100% = 66.87%
Answer:
b. $4,908,000
Explanation:
According to the FASB GAAP, the straight line method is used in this given question which is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($40,900,000 - $4,090,000) ÷ (15 years)
= ($36,810,000) ÷ (15 years)
= $2,454,000
In this method, the depreciation is same for all the remaining useful life
For two years, the accumulated depreciation would be
= Annual year depreciation × number of years
= $2,454,000 × 2 years
= $4,908,000
Answer:
107.07
Explanation:
Calculation for What is its gross rent multiplier
Gross rent multiplier= Income Property value/income property generated per month
Let plug in the formula
Gross rent multiplier= $985,000/$9,200 per month
Gross rent multiplier=107.07
Therefore its gross rent multiplier will be 107.07
the overall hange is a net-gain of 17% as the company's total revunue experienced an overall positive outcome over said two year period. :)
