Answer:
1- a. A stock's intrinsic value is based on true investor return.
2- a. Most investors prefer companies that can rise prices beyond reasonable levels.
b. Successful companies can avoid raising external funds in the financial markets.
Explanation:
Intrinsic value of a company's stock is the real value of stock which is based on systematic factors affecting the company. The factors affecting the intrinsic value of company are usually internal factors. The performance of company management, employee satisfaction and its operational efficiencies are the factor which drive intrinsic value of a company.
False. Sole proprietorships produce more goods and services than does any other form of business organization. Although there are more sole proprietorships in the U.S. than there are corporations, corporations produce more goods and services than other forms of business. Corporations have a bigger advantage because they usually employ more people, have a large amount of production options and have more financial ability.
Answer:
$27,000
Explanation:
To calculate the balance for the Allowance for Doubtful Accounts account, we first have to calculate the total estimated bad debts for the year = $1,500,000 x 2% = $30,000.
Then we need to add the bad debt that was written off during the year ($9,000) and subtract the balance for the same account at the beginning of the year ($12,000).
= $30,000 + $9,000 - $12,000 = $27,000
Answer:
surplus
Explanation:Don't quote me on this because I might be wrong, but I think the united states has a trade surplus because of the dependence on U.S trade globally. China has a trade surplus because they have some the biggest and busiest factories and shipping outposts. Since the U.S has such a high trade level with the trade Surplus of china the U.S is also a trade surplus.
Answer:
The answer is:
This statement is false. Fluorescent light bulbs (FLB) and incandescent light bulbs (ILB) are substitute goods, so a decrease in the price of one of them (FLB) should increase the quantity demanded for that product (FLB) and decrease the quantity demanded of the other (ILB).
A decrease in the price of any product (including ILB) would never decrease its quantity demanded.