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2 years ago

The questions of economics address which of the following? Chec

Business

1 answer:

katen-ka-za [31]2 years ago

5 0

Answer:

What

How

Who

Explanation:

Because ALL economic resources are scarce, every society must answer three questions:

1. What goods and services should be produced?

2. How should these goods and services be produced?

3. Who consumes these goods and services?

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The rate of interest agreed upon contractually charged by a lender or promised by a borrower is the ________ interest rate. A.

finlep [7]

Answer: The correct answer is d) NOMINAL

Explanation: Nominal interest rate is the interest rate before inflation is taken into account. Nominal interest rate can also be used to the advertised or stated interest rate on a loan, without taking into account any fees or compounding of interest.

It is the contractual interest rate charged by a lender or promised by the borrower.

3 0

3 years ago

On January 1st, 2019, Pizza Company awarded 5 million of its no par common shares to key personal. The award is subject to forfe

Allisa [31]

Answer:

A. Debit Compensation Expense $10,000,000

Credit PIC-Excess Par $10,000,000

Explanation:

The total cost of the stock options granted is allocated to the respective years in which the stock compensation relates as below:

Total stock compensation=market value per share on grant date*number of stock options

Total stock compensation=$10*5,000,000=$50,000,000

compensation expense allocated per year=$50,000,000/5

compensation expense per year=$10,000,000

6 0

3 years ago

Wages salaries expense is equal towhat?

Sergio039 [100]

Accounts such as Wages and Salaries Expense, Wages Expense, and Salaries Expense are used to record the gross wages and salaries earned by employees during the accounting period. Gross wages and salaries means the amount before payroll taxes and other with holdings.
hope this helps

6 0

3 years ago

In November, two months before year-end, the bookkeeper erroneously recorded the receipt of a one year bank loan with a debit to

OleMash [197]

In November, two months before year-end, the bookkeeper erroneously recorded the receipt of a one-year bank loan with a debit to cash and a credit to interest revenue. The most effective method for detecting this type of error is to Send a bank confirmation as of year-end.

A business may additionally have sales in a given time period that includes invoices they have got sent out to customers, in addition to coins bills that have been made at the time of a buy. All of these incomes are included as revenue during that term.

Sales are described as the profits generated through a commercial enterprise' number one operations. Its miles are often known as the “pinnacle line” and are proven at the top of an earnings announcement. internet income is an accounting time period that refers to the entire revenue minus the entire costs for any given length.

Learn more about revenue here brainly.com/question/16232387

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7 0

8 months ago

Suppose that a firm produces 200,000 units a year and sells them all for $10 each. The explicit costs of production are $1,500,0

satela [25.4K]

Answer:

Accounting profit will be $500000

Economic profit will be $200000

Explanation:

We have given number of units produces = 200000

Cost of one unit = $10

So total cost of production = 100000×$10 = $1000000

Explicit cost = $1500000

And implicit cost = $300000

We know that accounting profit = revenue - explicit cost = $1000000-$1500000 = $500000

And economic profit = revenue - implicit cost = $1000000-$300000 = $200000

7 0

3 years ago