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kiruha [24]
3 years ago
15

When can one say that a product has "value"?

Business
1 answer:
Firdavs [7]3 years ago
7 0
When it has a moral to it
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On May 1, 20Y6, Stanton Company purchased $100,000 of Harris Company's 12% bonds at 100 plus accrued interest of $4,000. On June
Blababa [14]

Answer:

b. credit to Gain on Sale of Investments for $2,400.

Explanation:

May 1, 20Y6

Purchase price of Bond = $100

Number of Bond Purchased = $100,000 / 100 = 1,000 per bond

February 1, 20Y7

Sale Price of Bond = $103 per Bond

Gain on Sale = $103 - $100 = $3 per bond

Number of Bond Sold = $80,000 / 100 = 800 bonds

Gain on sold bonds = 800 bonds x $3 per bond = $2,400

Journal Entry Will be as follows:

                                    Dr.       Cr.

Cash (800 x 103)   $82,400

Gain on sale                         $2,400

Investment in Bond             $80,000

3 0
3 years ago
If profits are negative in a monopolistically competitive market, then: the industry will stop production. new firms will enter
Genrish500 [490]

Profits are negative in a monopolistically competitive market, the new firms will enter the market until economic profits are zero.

<h3>What is competitive market?</h3>

Competitive market is a market that involves many sellers and producer that are competing with one another.

They compete to provide goods and services

Therefore, profits are negative in a monopolistically competitive market new firms will enter the market until economic profits are zero.

Learn more on competitive market here,

brainly.com/question/25717627

7 0
2 years ago
John occasionally borrows the car of his friend, sophie. sophie has a pap with liability limits of 100/300/50. john also has a p
Vaselesa [24]

Answer:

Sophie's policy will pay $100000, John's policy will pay $200000 ( A )

Explanation:

John having a pa with liability limits 250/500/50 means that John has a liability limit of $200000 and since John was the driver of the Sophie's vehicle he will pay $200000 due to the driver policy

and Sophie's policy will pay the remaining $100000 as a secondary payment since she was not the driver when the accident happened .

total liability in Bodily injury suffered by one person during the cause of the accident = $300000  

3 0
3 years ago
Read 2 more answers
A 1996 bill reforming the federal government’s antipoverty programs limited many welfare recipients to only two years of benefit
irina1246 [14]

a. Incentive to work increase

b. This change increase efficiency but decrease equality

Explanation:

a. Reduction of welfare benefits period increasing employment opportunities. Job prospects are diminished now (profit).

b. This bill reform would reduce the distortion created by the benefit program (disincentive to work) and thus improve efficiency.

At the same time, though, the move will reduce the Program's effect on poverty reduction and indirectly on social inequality.

The reform can therefore represent a balance between productivity and equity.

8 0
3 years ago
What does the graph show about the relationship between a product and its price?
polet [3.4K]

Answer:

The correct answer is: As the interest in a product goes up, the price goes up.

Explanation:

Increasing interest and thus increasing demand leads to increased demand for a particular good or service. In this respect, as production remains constant, the increased demand for goods or services pressures the supply of this good or service, culminating in its price increase.

8 0
3 years ago
Read 2 more answers
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