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Nikitich [7]
3 years ago
6

Which phase describes the income effect

Business
1 answer:
zaharov [31]3 years ago
7 0

Answer:

the impact of price on consumers' purchasing ability and decisions

- Be sure to include the options next time..

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Suppose an oligopolistic producer assumes its rivals will ignore a price increase but match a price cut. In this case the firm p
andreyandreev [35.5K]

Answer: C) demand curve as kinked, being steeper below the going price than above.

Explanation:

For an oligopolistic producer, who assumes that its rival would ignore a price increase but match a price cut, the perception of the firm about it demand curve is that it would be kinked, being steeper below the going price than above.

6 0
4 years ago
Question 451 pts In the Freyfogle Company, land decreased $75,000 because of a cash sale for $75,000, the equipment account incr
Juli2301 [7.4K]

Answer: $55,000

Explanation:

From the question, we are told that in the Freyfogle Company, land decreased $75,000 because of a cash sale for $75,000, and the equipment account increased $20,000 due to a cash purchase, while the bonds payable increased $70,000 from an issuance for cash at face value.

The net cash provided by investing activities shows the amount of money that has been spent for investment purposes at a specific period.

Sales of land = $75,000

Less: Equipment purchase= $20,000

Therefore, the net cash provided by investing activities will be:

= $75,000 - $20,000

= $55,000

3 0
3 years ago
Prepare the correcting entry.
Ostrovityanka [42]
You have to submit the one that is not working properly in a timely fashion but it’s a very nice way
3 0
3 years ago
A project requires a $28,000 investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 Year 2
anastassius [24]

Answer:

$2,668.67

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow in year 0 =  $-28,000

Cash flow in year 1 =  $12,000

Cash flow in year 2 =  $13,000

Cash flow in year 3 =  $12,000

I = 10%

NPV = $2,668.67

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

7 0
3 years ago
Vaughn Manufacturing has equipment with a carrying amount of $2490000. The expected future net cash flows from the equipment are
Lady bird [3.3K]

Answer:

No impairment should be recorded

Explanation:

$2,530,000>$2,490,000 No impairment because the expected future net cash flows from the equipment is greater than the carrying amount.

Therefore Vaughn will record or report no impairment

3 0
3 years ago
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