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3 years ago

Does a shortage of houses lead to increase in demand? or decrease?

Business

2 answers:

Katyanochek1 [597]3 years ago

6 0

Leads to increase, because the less there is, the less people will get it.

Bess [88]3 years ago

6 0

Yes an increase in demand!

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The income statement of Whitlock Company is presented here.

bazaltina [42]

Answer:

$1,146,800

Explanation:

Preparation for the operating activities section of the statement of cash flows for the year ended November 30, 2020

WHITLOCK COMPANY

Partial Statement of Cash FlowsFor the Year Ended November 30, 2020

Cash flows from operating activities

Net income $1,366,800

Adjustments to reconcile net income to net cash provided by operating activities..

Activities

Depreciation expense $70,000

Decrease in inventory $500,000

Decrease in accrued expenses payable ($100,000)

Increase in prepaid expenses ($150,000)

Increase in accounts receivable ($200,000)

Decrease in accounts payable($340,000)($220,000)

Net cash provided by operatingActivities $1,146,800

($1,366,800-$220,000)

Therefore the operating activities section of the statement of cash flows for the year ended November 30, 2020 is $1,146,800

3 0

3 years ago

Assume there is a decrease in the market demand for a good sold by price-taking firms that are initially producing the profit-ma

pishuonlain [190]

Answer: Firms will exit the market, causing price to rise until losses are eliminated

Explanation:

When there is a decrease in demand in a Perfectly Competitive Market, firms will have to start producing at a lower Quantity to manage their Marginal cost. This leads to Economic losses on their part in the short run.

In the long run however, should the situation remain the same, the new price would be less than their Average Cost which would deepen Economic losses. Firms would respond by exiting the market in the long run.

As the firms exit, the supply curve shifts left as supply drops. This drop in supply leads to a price rise. The exits will continue until enough firms leave that the market's remaining firms will stop suffering economic losses.

8 0

3 years ago

A year ago, the Really Big Growth Fund was being quoted at an NAV of $22.28 and an offer price of $23.45. Today, it's being

Crank

Answer:

9.85%

Explanation:

Data provided in the question:

Initial Offer price = $23.45

Current NAV = $22.28

Dividends and capital gains distributions over the year = $1.09 per share

Now,

Holding period return

= [Current NAV + Dividends and capital gains distributions - Initial Offer price ] ÷ Initial Offer price

= [ $24.67 + $1.09 - $23.45 ] ÷ $23.45

= $2.31 ÷ $23.45

= 0.0985

= 0.0985 × 100%

= 9.85%

4 0

3 years ago

A company manufactures various-sized plastic bottles for its medicinal product. The manufacturing cost for small bottles is $50

Artyom0805 [142]

Answer:

a. $(8000)

b. Company should choose alternative 1 and make bottles.

Explanation:

Particulars Make Bottles Buy Bottles Differential

Alternative 1 Alternative 2

Purchase Price 0 $37 $(37)

Freight Charges 0 $4 $(4)

Variable cost $33 $33

Fixed Cost $17 $17 0

Cost per unit $50 $58 $(8)

Income / (Loss) $50,000 $58,000 $(8,000)

b. The company should choose alternative 1 and make bottles. The buying of bottles will cost company loss of $8,000.

7 0

4 years ago

An employee observes an outside individual putting some computer disks in her purse. the employee does not report this security

nikklg [1K]

They should've put in <span>security incident procedures.</span>

8 0

4 years ago