Answer:
The correct answer is: It allows economists to isolate or focus attention on selected variables.
Explanation:
The word ceteris paribus means other things being constant. The working of an economy is very complex, each variable is affected by a number of variables. It is difficult to understand all the complex relationships at the same time.
The assumption of ceteris paribus or other factors being constant helps the economists in isolating the variables that they want to study while keeping others constant.
It simplifies the study of economic models and helps to easily grasp the working of the economy.
Answer:
The answer is B. 1 and 3
Explanation:
After the purchase of the dining room table, Joe owns it and controls it. Therefore, it will be an asset on the client's balance sheet..
It is also a variable outflow on the client's cash flow statement because the outflow is one-off. It doesn't occur monthly or yearly.
It will be a fixed outflow on the client's cash flow statement if it occurs monthly, semiannual or annually, like payment on servicing debts which reoccurs.
Answer:
Value of preferred stock will be $140
Explanation:
We have given par value of preferred stock = $100
Dividend rate = 14 %
Discount rate on preferred stock = 12%
Preferred stock dividend 
We have to find the value of preferred stock
Value of preferred stock 
So value of preferred stock will be $140
Answer:
Bubba’s annual total revenue is c. $20,000
Explanation:
Revenue is the total amount that comes from sales, regardless of cost.
Bubba catches 4,000 pounds and sell them for $5 per pound, so the total amount (revenue) he receives from selling them is 4,000 * 5 = $20,000
Note: The information about the $3 cost is not necessary to calculate revenue
Answer:
Explanation:
Rooney is not personally and criminally responsible for the failure of the organization to make compulsory trust deposits, also the evidence is not enough to ascertain any conviction for embezzlement, therefore the convictions should be reversed and the indictments should be dismissed.
