Answer:
isΔ PdΔ Ps=EQs, PEQd,PAs given in the question, 40=EQs, P−0.5This perfectly elastic supply shows the burden of tax is imposed completely on the consumer, indicating the elasticity of supply is infinite.
Answer:
The correct answer is: inferential claim.
Explanation:
An inferential claim is the argument of a statement. It represents the support of an idea or the consequence of an event of interest. Inferential claims allow speakers to prove their statements are true thanks to the inferential relationship between the argument and the segment.
Answer and Explanation:
The Journal entry is shown below:-
Bonds payable Dr, $1,800,000
(1,800 × $1,000)
To Discount on bonds payable $30,000
To Common stock $720,000
(1,800 × 40 × $10)
To Paid-in-capital in excess of par $1,050,000
(Being conversion of bond into common stock is recorded)
Therefore for recording the conversion using the book value approach we simply debited the bonds payable and credited the discount on bonds payable, common stock and paid-in-capital in excess of par.
A. depressant that effects the central nervous center.
I wanted to build my own business company right now at the age of 15
