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3 years ago

Consider a bp gas station. as a result of an economic recession and decreases in consumer incomes, there will be a:

1 answer:

4 0

During an economic recession when the income of consumers has decreased, the BP station (an all gas stations) will see a leftward shift in the demand curve. This will result in gas stations having to lower their prices. If they don't lower their prices, they will have a glut of gasoline that they can't sell.

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On March 31. 2019, Home Decorating Pavilion received a bank statement showing a balance of $9,810. The balance in the firm's che

NNADVOKAT [17]

Answer:

Both requirements 1 and 2 are the same, but I guess one refers to a bank reconciliation statement and the other one to a cash account reconciliation.

Bank account reconciliation:

bank balance $9,810

+ deposits in transit $2,935

- outstanding checks 358 and 359 ($2,225)

+ check deducted by mistake $590

reconciled bank account $11,110

Cash account reconciliation:

Cash account balance $10,276

+ note and interest collected $1,320

- bank fees ($31)

- NSF check Dane Jarls ($555)

+ error on check 341 $100

reconciled cash account $11,110

3 0

3 years ago

Suppose the supply and demand for a certain textbook are given by supply: p equals one fourth q squared comma demand: p equals

Llana [10]

Answer:

the demand quantity and the supply quantity at a price of $15 is 8 units

Explanation:

Supply, P = 1/4 Q²

Demand, P = - 1/4 Q²+30

If P = 15

Quantity Demanded will be 15 = -0.25Q²+30;

if we move 30 across the equality sign.

Therefore -0.25Q²=-15; divide both sides by -0.25;

Q² = 60, Q = 7.746, approximately 8 units

Quantity Supplied will be 15 = 1/4 Q², dividing both sides by 1/4

Q² = 60, Q = 7.746, approximately 8.

6 0

3 years ago

Read 2 more answers

All of the following are cash and cash equivalents, EXCEPT *

Veseljchak [2.6K]

Answer:

money maker placements

4 0

3 years ago

A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,250,000 and can be sold for $

MissTica

Answer: $615,810‬

Explanation:

The Book Value of the Asset at the end of 4 years will be;

= Cost of equipment - Accumulated Depreciation

= 3,250,000 - ( 3,250,000 * ( 20% + 32% + 19.20% + 11.52%))

= 3,250,000 - 2,688,400

= $561,600

The Equipment will be sold at $645,000 meaning a gain is made

= 645,000 - 561,600

= $83,400

Tax to be paid is;

= 83,400 * 0.35

= $29,190

After-tax salvage value of the equipment = Sales Price - Tax

= 645,000 - 29,190

= $615,810‬

5 0

3 years ago

StayWell Health Insurance is offering a plan with a monthly premium of $250, a

VARVARA [1.3K]

The most Sheldon should pay in one calendar year is $9,750

Deductible is a term used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.

Given that :

Premium = $250

Deductible = $3500

Maximum out-of-pocket expenses = $6000.

Then, the maximum he should pay in one calendar year is:

= $250 + $3,500 + $6,000

= $9,750

Therefore, the maximum he should pay in one calendar year is $9,750

Learn more about insurance plan here : brainly.com/question/25676329

4 0

2 years ago