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3 years ago

Which answer is an example of a market?

Business

1 answer:

Travka [436]3 years ago

6 0

Answer:

the answer is "a garage sale sign"

Explanation:

to qualify any place or an space (as in online markets) as a market, the willingness of the sellers to sell is important. and the willingness of the buyers and the purchasing power.

in this question, a sign stating "garage sale" is a display of the seller's willingness to sell. also, it is an invitation for potential buyers.

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When Padgett Properties LLC was formed, Nova contributed land (value of $358,500 and basis of $89,625) and $179,250 cash, and Os

lawyer [7]

Answer:Amount of Nova and Oscar's gain=$492,937.50

Explanation:

a)According to Land recorded for § 704(b) book capital account purposes, Land is recorded at fair market value. With this, the Padgett properties should record the land at $358,500

b)From the question, it is given that the basis of land is $89,625. Therefore, the Padgett Properties LLC's tax basis in the land is $89,625.

c)Amount of Nova and Oscar's gain.

Fair market value of Land $358,500

Basis of land $89,625

total $ 448,125

but Gain = Selling price of land - Fair value of Land x interest in partnership profits and capital

= $537,750 - ($358,500+$89,625 )

=($537,750 - $448,125 ) x 50% =$44,812.50

Total gain $448,125 + $44,812.50 =$492,937.50

4 0

2 years ago

According to the ________ argument, governments should temporarily support new industries until they have grown strong enough to

DiKsa [7]

Answer:

The right answer is "Infant industry".

Explanation:

An economic phrase that is used to characterize the organization through its early phases of developmental stage, is determined as the Infant industry argument.
This means that a freshly created industry seems to be a newborn industrial sector, requires authorities to either support and/or safeguard certain businesses through regulations.

3 0

2 years ago

An increase in which of the following will increase the return on equity, all else constant I. Total asset turnover. II. Net inc

Kryger [21]

Answer:

I and II only.

Explanation:

Return on equity (ROE) is an example of a profitability ratio.

Profitability ratios measures the ability of a company to earn profits from its assets.

ROE = Net income / Average total equity

If ROE increases, it means that net income increases more than average total equity

Total asset turnover = Revenue / average total assets

(Net Income/ Net profit margin) / Total Assets

All else remaining constant, if ROE increases, it means that revenue also increases more than average total asset

Since Net income is the numerator in ROE, it means it would also increase

Total asset and debt equity ratio is not a component of ROE, so the effect of ROE on them can't be determined

4 0

2 years ago

If the contribution margin ratio is 60%, target operating income is $50,000, and the sales revenue needed to achieve the targe

muminat

Answer:

The correct answer is $430,000.

Explanation:

According to the scenario, the given data are as follows:

Contribution margin ratio = 60%

Operating income = $50,000

sales revenue = $800,000

So, we can calculate the total fixed expenses by using following formula:

Total fixed expenses = Contribution Margin - Operating income

Where, Contribution margin = Contribution margin ratio × sales

Contribution margin = .60 × $800,000 = $480,000

So, by putting the value in the formula, we get,

Total fixed expenses = $480,000 - $50,000

= $430,000

6 0

3 years ago

What is another name for a closely held corporation?

Mekhanik [1.2K]

What is a 'Closely Held Corporation<span>' A </span>closely held corporation<span> is any company that has only a limited number of shareholders; its stock is publicly traded on occasion but not on a regular basis. These entities differ from privately owned firms that issue stock that is not publicly traded.

Hope this helps!

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3 0

3 years ago