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2 years ago

Determine the missing amount for each of the following:

Business

1 answer:

Alja [10]2 years ago

4 0

Answer:

(a) $3,930,000

(b) $386,200

Explanation:

(a) Assets = Liabilities + Owner's Equity

Assets = $556,000 + $3,374,000

= $3,930,000

(b) Assets = Liabilities + Owner's Equity

$6,111,200 = Liabilities + $5,725,000

Liabilities = $6,111,200 - $5,725,000

= $386,200

$2,150,000 = $812,500 + Owner's Equity

Owner's Equity = $2,150,000 - $812,500

= $1,337,500

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Welfare economics is the study of Select one: a. taxes and subsidies. b. how technology is best put to use in the production of

icang [17]

Answer:

Correct option is (d)

Explanation:

Welfare economics deals with the study of distribution of resources affect the overall welfare of the society and economy as a whole.

It is a part of economics that studies the role of government in aligning policies for the welfare of the society and ensuring that every section of the society is equally developed.

The concept was developed as inequality in distribution of wealth and resources was observed across different sections of the economy. Poor was becoming poorer and rich, becoming richer. This hampered overall growth of the economy, thereby giving birth to welfare economics.

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2 years ago

An investor who was not as astute as he believed invested $276,500 into an account 9 years ago. Today, that account is worth $21

Dimas [21]

Answer:

The annual rate of return is -2.83%

Explanation:

The annual rate can be calculated from the formula FV=PV*(1+r)^N

Where FV is the future value of the investment

PV is the amount invested which is $276,500

N is 9 years

213600=276,500*(1+r)^9

213600/276500=(1+r)^9

divide index on both sides by 9

(213600/276500)^1/9=1+r

(213600/276500)^1/9-1=r

r=-0.02827109

r=-2.83%

Hence the annual rate of return on the investment is -2.83%, which means the investment depleted by 2.83% from initial invested amount of $276,5000 to $213,600 after nine years

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3 years ago

Read 2 more answers

In comparison to salespersons at low performing organizations, salespersons at high performing organizations: Group of answer ch

JulsSmile [24]

Answer:

<em>The correct answer is: </em>spend more time with their best potential customers always work in teams

Explanation:

Salespeople from high-performance organizations differ from salespeople in low-performance organizations in that they focus on their best customers and develop teamwork.

This strategy of focusing on the potential customer consists of establishing relationship marketing.

That is, direct your efforts to build a relationship with the consumer, which is the key to creating value for a brand.

The creation of a relationship with the consumer consists of offering products and services totally aligned to their needs and desires, to offer a more personalized and effective service to increase the perception of the brand and position it in the market.

Teamwork is also essential in a high-performance organization, as it creates a positive organizational culture focused on the development of ideas, creativity and innovation, essential to offer an efficient and effective sales service.

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3 years ago

For which of the following types of goods would the income elasticity of demand be positive and relatively large?A. luxuriesB. a

RoseWind [281]

Answer:

Option (A) is correct.

Explanation:

Luxury goods refers to the goods which are having positive income elasticity of demand. Positive income elasticity of demand is defined as the direct relationship between the demand of the goods and the income of the consumers.

If there is an increase in the income level of consumers then as a result there is an increase in the demand for luxury goods by a greater proportion. That's why the income elasticity of demand is relatively larger.

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2 years ago

How do dogs drink water

alina1380 [7]

Because dogs don’t have cheeks, they can’t create suction. To compensate, their tongues slap the water and pull it toward their maw in the form of a liquid column. As this water is suspended in mid-air, they chomp down on it and swallow, repeating the process until they’re satisfied.

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3 years ago