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3 years ago

The accounts listed on the trial balance with a credit balance include

1 answer:

6 0

The correct answer for this question is "c. owner's capital, revenue, and expense accounts." The accounts listed on the trial balance with a credit balance include the <span>owner's capital, the revenue, and the expense accounts. The trial balance </span><span> is a two-column schedule with all the debit </span>balances listed<span> in one column and all the </span>credit balances listed<span> in the other. </span>

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Because financial markets are ____, securities buyers and sellers do not have full access to information and cannot always break

yarga [219]

Because financial markets are <u>Imperfect</u>, securities buyers and sellers do not have full access to information and cannot always break down securities to the precise size they desire.

<u>Explanation:</u>

An imperfect market is a whole where individual buyers and sellers may influence prices and efficiency, where there is no full transparency of knowledge about products and costs, and where there are large barriers in the sector to enter or exit.

Imperfect markets may not follow the exact measurements of an actual or competitive possible market. If financial businesses were ideal, investors would be constantly and freely responsive to all erudition about any security for trade-in prime and corresponding businesses.

5 0

3 years ago

Read 2 more answers

you invest $1300 in an account at interest rate r, compounded continuously. Find the time required for the amount to double and

miskamm [114]

Answer:

1. <em>For the amount to double</em>: <u>9.37 years</u>

2. <em>For the amount to triple</em>: <u>14.85 years</u>

Explanation:

The equation for continuosly compounded interest is:

$F=P\times e^{rt}$

Where:

P is the amount that you invest today: $1,300
F is the value after t years: the double or triple of $1,300
r is the annual interest rate: 0.074

<u>1. For the amount to double:</u>

Substitute the values and solve for t:

$2\times \$1,300=\$1,300\times e^{0.074t}\\ \\ 0.074t=\ln 2\\ \\ t=\ln 2/0.074=9.37years$

<u>2. For the amount to triple:</u>

<u />

$3\times \$1,300=\$1,300\times e^{0.074t}\\ \\ 0.074t=\ln 3\\ \\ t=\ln 3/0.074=14.85years$

4 0

3 years ago

10 points Item Skipped eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 7 Assume Organic Ice Cream Compa

serious [3.7K]

The completion of separate depreciation schedules for each of the alternative depreciation methods is as follows:

<h3>a. Straight-line Method:</h3>

Year Cost Annual Depreciation Accumulated Net Book

Depreciation Value

Year 1 $20,000 $4,455 $4,455 $15,545

Year 2 $20,000 $4,455 8,910 11,090

Year 3 $20,000 $4,455 13,365 6,535

Year 4 $20,000 $4,455 17,820 2,180

<h3>b. Units-of-production Method:</h3>

Year Cost Annual Depreciation Accumulated Net Book

Depreciation Value

Year 1 $20,000 $7,128 $7,128 $12,872

Year 2 $20,000 $5,346 12,474 7,526

Year 3 $20,000 $3,564 16,038 3,962

Year 4 $20,000 $1,782 17,820 2,180

<h3>c. Double-declining-balance Method:</h3>

Year Cost Annual Depreciation Accumulated Net Book

Depreciation Value

Year 1 $20,000 $10,000 $10,000 $10,000

Year 2 $20,000 $5,000 15,000 5,000

Year 3 $20,000 $2,500 17,500 2,500

Year 4 $20,000 $320 17,820 2,180

<h3>Data and Calculations:</h3>

Cost of asset = $20,000

Residual value = $2,180

Depreciable amount = $17,820 ($20,000 - $2,180)

Estimated productive life = 4 years or 9,900 hours

<h3>Annual depreciation rates:</h3>

Straight-line method = $4,455 ($17,820/4)

Units-of-production Method per unit = $1.8 ($17,820/9,900)

Double-declining-balance Method rate = 50% (100/4 x 2)

Learn more about depreciation methods at brainly.com/question/25806993

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3 0

2 years ago

Which of the following products is likely to have an inelastic supply reaction to a change in price? A. Corn B. Cars C. Shoes D.

Sergio039 [100]

The correct answer is C,
A good is said to have an inelastic supply if the suppliers did not have any choice than producing it even though the cost of production is high and the buyers did not have any choice than buying it even though it is expensive.
No one can do without shoes, even if they are expensive, we still need to buy them.

4 0

3 years ago

Read 2 more answers

Are the stages of product life cycle more important for a business to focus on the introduction stage or the growth stage of a p

ozzi

Product life cycle is important for a business to focus on the introduction stage then the growth stage because the products to gain distribution as the product is initially new in the market. The quality of product is not assured and the price of the product will also determine as low or high.

Explanation:

The cost is going to be on a higher side.
The sales will be slow since there is no awareness of the product.
There might be little or no competition in the market.
You make very little money of the product sold.
Customer are to prompted to take initiate into the product.
Demand has to be created.
Marketing cost at the highest level because of recognition.
Profit is received from product is very minimal.
First impression is the last impression that impression is created
In the introduction of the product.

4 0

3 years ago