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2 years ago

According to the international financial reporting standards, partnerships must disclose information in the same manner as

2 answers:

5 0

The disclosure should follow the International Financial Reporting Standards. It should fairly show the presentation, provided that all the necessary documents are submitted to be a statement of financial position. <span>Disclosure in a partnership has to make the same guidelines as the entity requirements. </span>

frez [133]2 years ago

5 0

The answer is limited liability companies.

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If the number of firms in an industry decreases, the supply curve will shift to the right. A. True B. False A change in which o

Whitepunk [10]

Answer:

The correct answer is option B.

The correct answer is option D.

Explanation:

If the number of firms in an industry decreases, the overall market supply will decrease. This decrease in supply will cause the market supply curve to shift to the left. So the statement given in the question is false.

The cost of production is inversely related to supply. An increase in the cost of production causes supply to decline, shifting the curve to the left and vice versa.

Technology and productivity are directly related, an improvement in technology will cause the supply to increase shifting the curve to the right.

Taxes cause the supply to decrease as it is seen as a cost and it reduces the price received by the firms. This causes the supply curve to shift to the left.

Subsidies reduce the cost of production so the supply curve shifts to the left.

8 0

2 years ago

The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this

Paha777 [63]

Answer:

A) The price of a donut is $2.00 in 2012.B) Rina's wage is $14.00 per hour in 2012

Explanation:

Nominal value means face value or stated value.

Real value means nominal value adjusted for inflation. Real value of money can refer to the purchasing power of money. Rina's wage is 2 paperback novels per hour in 2012 is an example of real value.

I hope my answer helps you

3 0

2 years ago

What is a public good?

Pie

I believe your answer is B

A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without payment

7 0

2 years ago

A company issues $50 million of bonds at par on January 1, 2018. The bonds pay 10% interest semi-annually on 12/31 and 6/30 and

marysya [2.9K]

Answer: Please see explanation for answer

Explanation:

Journal entry to record sale of bonds

Account titles Debit Credit

Cash $50,000,000

Bonds Payable $50,000,000

4 0

2 years ago

A major reason for studying Economics is to gain an understanding of how a nation can best choose to use its ___________ and how

maria [59]

Answer:

Scarce resources.

Explanation:

A major reason for studying Economics is to gain an understanding of how a nation can best choose to use its scarce resources and how we must make rational decisions in order to move toward a higher standard of living for all. Some of these scarce resources include money, time, land, labor, capital and entrepreneurship. If these resources are not well managed, it usually results in an economic downturn, recession and inflation which are typically a negative factor for good standards of living for the people living in the particular country.

Hence, a proper allocation of scarce resources would improve the standards of living in a country.

3 0

3 years ago