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yanalaym [24]
3 years ago
6

In the market for gasoline, if the change in demand due to the start of the summer driving season is greater than the change in

supply due to disruptions in the refinery operations in the Gulf, then the equilibrium quantity will increase. T/F
Business
1 answer:
KiRa [710]3 years ago
6 0

Answer:true

Explanation: if people buy less gas than there will be more gas.

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Hurricane katrina damaged a large portion of refining and pipeline capacity when it swept through the gulf coast states in augus
Phoenix [80]
<span>A result of the intensity and magnitude of the hurricane it damaged the pipeline. Gasoline distributors affected the prices because of the loss of supply and the unstable transportation or delivery. Stability of prices or equilibrium was achieved after reconstruction and changes that had transpired. Expected prices hikes on products would also be seen afterward.


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7 0
3 years ago
Which of the following firms has a high-performance culture? a. Rexot Bron Inc., a start-up firm that neither focuses on achievi
dsp73

Answer:

"C"

Explanation:

A high performance culture is a set of laid down rules (culture ) that an organization observe to achieve outstanding results (performance ) with the primary aim of getting an edge over competitors. It guides the daily activities of employees.

The four major attributes of a high performance culture are Strong leaders , employees involvement , continuous learning environment and flexibility  .

The corporate values of the organization is paramount and every action must be directed towards its achievement.                                                                                                                                      

3 0
3 years ago
As winner of a breakfast cereal competition, you can choose one of the following prizes: a. $100,000 now.
Shkiper50 [21]

answer

<em>c </em><em> </em><em>i </em><em>don't </em><em>need </em><em>to </em><em>explain </em><em>I'd </em><em>take </em><em>c</em>

7 0
3 years ago
A The following section is taken from Blossom's balance sheet at December 31, 2021.
loris [4]

Answer:

Date    Account titles and explanation          Debit       Credit

1-1-21    Bond interest payable                       $46,000

                  Cash                                                               $46,000

            (To record payment of interest)

1-1-21    Bond payable                                    $155,000

            Loss on redemption bond                $15,500

            (155,000/100*10)

                    Cash                                                              $170,500

            (To record bond redemption)

31-1-21   Interest expenses                              $36,450

                    Bond interest expenses                               $36,450

                    (560,000-155,000)*9%

             (Adjusting entry to accrue the interest on the remaining)

6 0
3 years ago
Which of the following companies is most likely to have a negative Cash Conversion Cycle?
Veseljchak [2.6K]

Answer:

a) A discount retailer

Explanation:

The formula to determine the cash conversion cycle is shown below:

Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payables outstanding.

So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact

So the option a is correct

3 0
2 years ago
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