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statuscvo [17]
3 years ago
9

What does the circular flow model show? answers?

Business
1 answer:
Katena32 [7]3 years ago
4 0
It shows how businesses markets and households all buy and sell from each other to make profit<span />
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Which of the following scenarios best describes differentiation? Multiple Choice
rosijanka [135]
It’s b !!!!!!!!!!!!!!!!
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Cassandra is a 21-year-old who is still in college. She wants a credit card so she can order items online.
ycow [4]
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Assume that the fair values of the investee's net assets approximated the recorded book values of the investee's net assets, exc
Andrew [12]

Answer:

I could not find the exact details related to this question so here is a similar question to guide you.

Goodwill = Acquisition Price - Net book value (Investee)

= 75,000 - ( Assets - Liabilities)

= 75,000 - ( 90,000 - 40,000)

= $25,000

Identifiable noncurrent assets is overstated by $10,000 however. This will have to be adjusted for tax and then removed from Goodwill to find the Net goodwill that should be reported in the investor's consolidated balance sheet prepared immediately after this business combination.

= 10,000 ( 1 - 40%)

= $6,000

Net Goodwill = 25,000 - 6,000

<h2>= $19,000</h2>

8 0
3 years ago
Geese Company utilizes the LIFO retail inventory method. Its cost-to-retail percentage is 60% based on beginning inventory and 6
Nataly_w [17]

Answer:

$152,000

Explanation:

Calculation for the cost of the ending inventory

First step is to calculate the cost-to-retail percentage of the beginning inventory amount

Using this formula

Beginning Inventory =Cost-to-retail percentage*Beginning inventory at retail

Let plug in the formula

Beginning Inventory =60%*$200,000

Beginning Inventory =$120,000

Second step is to calculate current-period purchases percentage of the new layer amount

Using this formula

Current period purchases= Purchases percentage* New layer

Let plug in the formula

Current period purchases=64%*50,000

Current period purchases=$32,000

The last step is to find the cost of the ending inventory using this formula

Ending inventory cost=Beginning Inventory+Current period purchases

Let plug in the formula

Ending inventory cost=$120,000+$32,000

Ending inventory cost=$152,000

Therefore the cost of the ending inventory will be $152,000

4 0
3 years ago
Which of the following may occur as a result of a increase in the price of cell phones?
MatroZZZ [7]
I would say a
<span>.increase in supply</span>

7 0
3 years ago
Read 2 more answers
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