Answer:
(C) Supply of bicycles will shift to the left.
Explanation:
A change in supply results to a shift in the supply curve. A decrease in the change in supply, which is caused by an increase in price will shift the supply curve left.
Answer:
$1,650.
Note: The correct asnwer is $1,650 based on the information provided in the question but it is not included in the option. Kindly confirm this from your teacher.
Explanation:
Stockholders' Equity at January 1, 2020 can be obtained using the accounting equation stated as follows:
Assets = Stockholders' Equity + Liabilities
Since on January 1, 2020, we have:
Assets = $4,220
Stockholders' Equity = ?
Liabilities = $2,570
Substituting the values into the accounting equation above, we have:
$4,220 = Stockholders' Equity + $2,570
Rearranging, we have:
Stockholders' Equity = $4,220 - $2,570 = $1,650
Therefore, Stockholders' Equity at January 1, 2020 is $1,650.
Answer:
true
Explanation
Higher level professions are professions occupied by professionals who think strategically and carry out their duties by adhering to the ethical standards that governs their profession. Examples are medical practitioners, engineering, accountant and pilot. All these requires in-depth knowledge , good skill and special training because of the technical nature of the profession.
Having a degree is not enough to deliver on these professions because of their complexities. These professionals must adhere to the ethical standard that governs their profession and also hold themselves out of having the required training, knowledge and experience .
Take for instance a pilot who controls a plane. Asides having the required education, he would undergo special trainings on how to fly planes. He must also have the skills and experience of flying before being certified to fly people because of the risky nature of the profession.
The above example also applies to a doctor. He would undergo trainings depending on his area of specialization and must have knowledge before being certified to work as a doctor. The reason is that he is dealing with lives hence must possess the the required skills and experience
4 x 20 = 80 so 4 can go into 80, 20 times
Answer:
(A.) the future tax rates have been enacted into law.
Explanation:
In case when the rate of tax instead of the current tax rate used to compute the deferred amount related to income tax for the balance sheet if the rate of future tax is enacted in law i.e means when the future tax rate imposed under the taxation rules and regulations
Therefore option A is correct and the other options are incorrect