Which photo Grapher is famous for his or her work at Yosemite national park?

If a market is in equilibrium is it necessarily true that all potential buyers and sellers are satisfied with the market price?

pav-90 [236]

Answer:

The correct answer is "no"

Explanation:

A market equilibrium occurs in those markets where consumer demand is equal to the amount offered by companies. But they don't necessarily have to be satisfied with the market price.

For example, if a product of basic need is in high demand, the price can be raised a lot which may not result in a fair price for the customer.

On the contrary, a low price on products puts potential competitors out of the market since many times due to production costs they cannot match these prices.

5 0

3 years ago

Insurance Reading Quiz

Anestetic [448]

Answer:

The lower the premium

Explanation:

3 0

3 years ago

Edward is paid $5 an hour less for doing a job that requires an equal level of skill, effort, and responsibility as a job perfor

natali 33 [55]

Answer:

Equal Pay Act

Explanation:

The Equal Pay Act is a federal law that requires employers to pay men and women under the same working conditions equally. Simply put, equal pay for equal work.

This Act was signed into law on June 10, 1963 by John F. Kennedy and it was aimed at abolishing wage differences based on sex, just like in the question above.

5 0

3 years ago

Taxable income terminology Taxable Income Terminology Match the terms relating to the basic terminology and concepts of personal

Mice21 [21]

Answer:

A. To qualify for exclusion during this transaction, you must have owned and occupied for two of the five prior years ⇒ Sale of a home.

B. This term essentially includes all income subject to federal tax ⇒ Gross Income.

C. Using taxable income, it is based on tax tables or tax rate schedules ⇒ Tax liability.

D. This term includes expenses that can only offset portfolio income. ⇒ Investment expenses.

E. This is used to offset passive income Investment expenses. ⇒ Real estate or limited partnership expenses.

F. This term includes income from self-employment ⇒ Active Income.

G. This item is taxed at different rates depending on the holding period ⇒ Capital gains.

H. This is used to determine tax liability ⇒ Taxable income.

I. This term includes income gained from real estate and limited partnerships. ⇒ Passive income.

J. This term refers to earnings and capital gains generated from investment holdings. ⇒ Portfolio income.

4 0

3 years ago

In preparation for developing its statement of cash flows for the year just ended, D-Rose Distributors collected the following i

inysia [295]

Answer:

D-Rose Distributors

1. Investing Activities Section of D-Rose's Statement of Cash Flows:

$ in millions)

Purchase of treasury bills (considered a cash equivalent) -7.1

Proceeds from sale of land 26.1

Purchase of equipment for cash -31.1

Purchase of GE stock -36.1

Net cash flows from investing activities -$48.2

2. Financing Activities Section of D-Rose's Statement of Cash Flows:

$ in millions)

Sale of preferred stock 151.1

Issuance of bonds payable for cash 141.1

Payment of cash dividends declared in previous year -131.1

Purchase of treasury stock -121.1

Payment for the early extinguishment of long-term

notes (carrying (book) value: $100 million) -111.1

Net cash flows from financing activities -$71.1

Explanation:

a) Data and Calculations:

($ in millions)

Purchase of treasury bills (considered a cash equivalent) 7.1

Sale of preferred stock 151.1

Gain on sale of land 5.1

Proceeds from sale of land 26.1

Issuance of bonds payable for cash 141.1

Purchase of equipment for cash 31.1

Purchase of GE stock 36.1

Declaration of cash dividends 135.1

Payment of cash dividends declared in previous year 131.1

Purchase of treasury stock 121.1

Payment for the early extinguishment of long-term notes (carrying (book) value: $100 million) 111.1

b) In preparing D-Rose's Statement of Cash Flows, the following two items are non-cash items:

i) The gain on sale of land, which will be deducted from the Net Income when the indirect method is used for preparing the operating activities section.

ii) The declaration of cash dividends does not involve any cash flow. It is the payment of dividends that involves a financing activity.

4 0

3 years ago