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kvv77 [185]
3 years ago
13

Scalpers often artificially decrease supply by releasing tickets in waves, making it impossible for consumers to know how many t

ickets remain. This causes the equilibrium price to
Business
1 answer:
AfilCa [17]3 years ago
5 0

Answer: increase

Explanation: the scalpers are wanting to make the most money out of the buyers so they are willing to increase the price each time they release them in waves(sections)

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What is the status of Farbenia’s balance of trade?
Vinvika [58]

Answer:

Farbania has a negative trade balance with Russia, that is, a deficit of $100 million.

Explanation:

Given that the republic of Farbania has trade relations only with Russia, and in one year, Farbania imports $ 300 million worth of goods from Russia and sells $ 200 million worth of goods to Russia, to determine the balance of trade that this country has with Russia is must perform the following calculations:

Imports: -300,000,000

Exports: +200,000,000

-300,000,000 + 200,000,000 = X

-100,000,000 = X

Therefore, Farbania has a negative trade balance with Russia, that is, a deficit.

5 0
3 years ago
Darlington Company entered into the following business events during its first month of operations. The company uses the perpetu
GarryVolchara [31]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
2 years ago
Prepaid Insurance is $23,149. The company has separate insurance policies on its buildings and its motor vehicles. Policy B4564
Lelechka [254]

Answer:

Journal Entry

December 31, 2017

Dr. Insurance Expense-Building $5,170

Cr. Prepaid Insurance-Building $5,170

Dr. Insurance Expense-Motor vehicle $6,816

Cr. Prepaid Insurance-Motor vehicle $6,816

Explanation:

First, we need to calculate the Amount of insurance expense accrued in the year for each insurance

Policy B4564

Insurance expense accrued = Total Insurance amount x Time accrued in the year / Term of Policy

Insurance expense accrued = $15,510 x 1 year / 3 years

Insurance expense accrued = $5,170

Policy A2958

Insurance expense accrued = Total Insurance amount x Time accrued in the year / Term of Policy

Insurance expense accrued = $10,224 x 12 months / 18 months

Insurance expense accrued = $6,816

6 0
2 years ago
To apply the dividend discount model to a particular stock, you need to estimate the ___
marshall27 [118]

To apply the dividend discount model to a particular stock, you need to estimate the Sum of Present Value of Dividends and present Value of Stock Sale Price. This dividend discount model or DDM model price is the stock's intrinsic value.

The dividend discount model is a quantitative method used for predicting the price of a company's stock based on the theory that its present-day price is worth the sum of all of its future dividend payments when discounted back to their present value.

If the value obtained from the dividend discount model is higher than the current trading price of shares, then the stock is undervalued and qualifies for a buy, and vice versa.

To learn more about dividend discount model here

brainly.com/question/23040788

#SPJ4

7 0
1 year ago
On April 2 a corporation purchased for cash 6,000 shares of its own $13 par common stock at $26 per share. It sold 4,000 of the
maxonik [38]

Answer:

Explanation:

The journal entries are shown below:

a. Treasury stock A/c Dr $156,000         (6,000 shares × $26)

          To Cash A/c  $156,000        

(Being the purchase of treasury stock is recorded)

b. Cash A/c Dr $116,000              (4,000 shares × $29)

            To Treasury Stock A/c $10,4000    (4,000 shares × $26)

            To Paid in capital - Treasury stock $12,000

(Being treasury stock is sold at higher price and the remaining amount would be credited to the paid in capital account)

c. Cash A/c Dr $44,000             (2,000 shares × $22)

Paid in capital - Treasury stock $8,000

                 To Treasury Stock A/c $52,000       (2,000 shares × $26)

(Being treasury stock is sold at lower price)

         

5 0
2 years ago
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