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Mekhanik [1.2K]
3 years ago
12

A physical inventory of Liverpool Company taken at December 31 reveals the following.

Business
1 answer:
zubka84 [21]3 years ago
8 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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The process of gathering and evaluating information to determine whose interests should be emphasized throughout the project is
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whose interests shoud be emphasized throughout the project

Explanation:

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A broker needs $5950 to pay her irs tax lien. she has the opportunity to list a property at fair market value of $85000. what wo
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3 years ago
Mill Co.'s trial balance included the following account balances at December 31, Year 6:
o-na [289]

Answer:

D) $45,000

Explanation:

The computation of the amount which is included in the current liability section is shown below:

= Account payable balance + bonds payable -  discount on bonds payable + dividend payable

= $15,000 + $25,000 -  $3,000 + $8,000

= $45,000

The current liability is that liability which is arise for one year. Since, the notes payable is a long term liabilities so we do not consider in the computation part.

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3 years ago
In market A, a 4% increase in price reduces quantity demanded by 2%. In market B, a 3% increase in price reduces quantity demand
olganol [36]

Answer:

Price elasticity of market A = Inelastic

Price elasticity of market B = Elastic

Explanation:

Elasticity in the case of market A.

Given the percentage change in demand = 2%

Percentage change in price = 4%

Elasticty of demand = %Change in demand / %change in price

= 2 / 4

= 0.5 (Inelastic)

Elasticity in the case of market B.

Given the percentage change in demand = 4%

Percentage change in price = 3%

Elasticty of demand = %Change in demand / %change in price

= 4 / 3

= 1.33 (elastic)

3 0
4 years ago
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