Answer:
A. slopes upward for normal goods and downward for inferior goods.
Explanation:
In the case of Engle curve it plots the relationship between income and demand for a good.
In the case of the normal goods, as the income rises the demand also rises while on the other hand in the case of inferior goods, the income rises the demand false
So it sloped upward for the normal goods and slop downwards for the inferior goods
Answer:
present value = $9320.06
Explanation:
given data
cash flow 1 year C1 = $500
cash flow 2 year C2 = $1000
pay 3 year C3 = $800
interest rates r = 10 percent per year = 0.10
solution
we get here present value that is
present value = 
....................1
put here value and we will get
present value = 
present value = $9320.06
When your doing an interview never ask how much money do you make that will make them think that your there just for the money and not the job
Answer:
Dr Fair Value Adjustment (Available-for-Sale) $660
Cr Unrealized Holding Gain or Loss—Equity $660
Explanation:
Culver Company Journal entry
Dr Fair Value Adjustment (Available-for-Sale) $660
Cr Unrealized Holding Gain or Loss—Equity $660
Fair Value Adjustment (Available-for-Sale)
Debit Balance $140
Adjustment $660
($3,500-$2,840)
Balance 800
Answer:
Results in a transfer of retained earnings to common stock and additional paid-in capital.
Explanation:
A stock dividend can be defined as the dividend which is distributed to shareholders on the basis of their percentage of ownership. Stock dividend is paid in form of shares and not in form of cash.
A stock dividend can also be described as a dividend payment paid by a company to its existing stakeholders from the profit or earnings that has been derived from the company during a financial year period.
The main advantage of stock dividend is that taxes will not be paid on the stock dividends until the shares have been sold.
