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3 years ago

A normative economic statement can be proved or disproved by reference to facts?

1 answer:

6 0

No, A "Normative economic statements are those statements that cannot be either proved or disproved with reference to facts."

However, "Positive economic statements are those statements which can be either proved or disproved with reference to facts."

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The following information is available for Ivanhoe Company for 2017. Cash used to purchase treasury stock $ 167,388 Cash dividen

Kazeer [188]

Answer

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

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.

6 0

3 years ago

True or False: An increase in the demand for notebooks raises the quantity of notebooks demanded but not the quantity supplied.

Natasha2012 [34]

Answer:

False

Explanation:

An increase in the demand for notebooks raises the quantity of notebooks demanded and also the quantity supplied

An increase in demand leads to a corresponding increase in supply

If the supply is not raised which will also increase the quantity of notebooks supplied, there will not be enough notebooks to meet the high demand for notebooks which brought about an increase in the quantity of notebooks demanded

4 0

3 years ago

Read 2 more answers

The two functions of financial accounting are to measure business activities and prepare tax returns. True or false

Schach [20]

The two functions of financial accounting are to measure business activities and prepare tax returns. FALSE

<h3>What is a Tax return?</h3>

A tax return is a document submitted to a taxing body that lists earnings, outlays, and other pertinent financial data.
Taxpayers compute their tax liabilities, set up tax payments, and request refunds for overpaid taxes on their tax returns.
Tax returns must typically be filed yearly.
In the United States, tax returns including data necessary to compute taxes are filed with the Internal Revenue Service (IRS) or with the state or local tax collecting agency (Massachusetts Department of Revenue, for instance).
The IRS or another applicable authority's forms are often used to complete tax returns.

To learn more about Tax return, refer to the following link:

brainly.com/question/27300507

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6 0

1 year ago

True or False: Reducing trade restrictions, thereby increasing access to more economical foreign goods, would increase the prosp

Zolol [24]

The answer is true. because if the government allow trades to take place people would be able to exchange goods from countries to countries.

6 0

3 years ago

Each of the three categories of investments in debt and equity securities has similar accounting for all of the following transa

Arlecino [84]

Answer:

d. recognition of realized gains or losses on sales

Explanation:

In the case of trading securities, the non-realized gain and losses should be recorded in the income statement. So at the time when securties are sold so here the realized gain are distinct as compared to the afs and htm securties

So as per the given situation, the option d is correct

And, the same should be considered

7 0

2 years ago