Answer: the correct answer is $7,000
Explanation:
Revenues $60,000
Expenses ($33, 000)
Paid Dividens ($20,000)
Equity $7,000 ($60,000-$33,000-$20,000)
Answer:
b) Dwight is liable for negligence because Stan did not knowingly assume the risk that Dwight would hit a shot in his direction
Explanation:
In this scenario there was an agreement between Stan and Dwight where Dwight asked Stan to drive ahead in the golf cart to see if they could hit their shots.
However Stan drove the cart over the hill, saw the green was clear, and started driving back to the tee box.
Instead of waiting as agreed Dwight made a shot that hit Stan on the head injuring him.
Dwight is liable in this case because he was supposed to wait and get feedback from Stan before making a shot.
He knowingly made the shot knowing there was a blind spot.
This is negligence on Dwight's part.
Answer: A) He must be aware of the fact that despite globalization and the emergence of the Internet, firm geographic location has actually maintained its importance.
Explanation:
Charlie must consider that despite the fact that the internet and technology have made globalization more accessible, the location of a business remains very important hence the old saying<em> "its all about location location location"</em>.
The firm's geographical location has an effect on stakeholders in the company such as customers, employees and suppliers. For the customers, even if the business was to rely on the internet and delivering goods, the location needs to be convenient enough to ship goods from.
The Suppliers as well need to be able to send the goods ordered for in a timely fashion and an improper location can hamper that. Even employees need a place to work in that is conducive for them in terms of logistics and a safe working environment. Charlie should definitely not forget about the importance of location.
Answer:
c. Instructions, Flowcharts, and Ledgers book
Explanation:
Cash, Account receivable, Inventory and other accounts are all the ledger and it is appeared in ledger book in the SUA pocket. All the transaction and flowcharts are present in this book and we can find all the Ledger accounts here in Instructions, Flowcharts, and Ledgers book. So option C is correct.
Answer:
(a) Go down
(b) Decrease
(c) Increase
Explanation:
a) In a perfect competition (PC) market, all market participants are price-takers. In other words, if a company decides to raise price of its current product, customers can easily switch to another substitute which is offered by another seller in the market. Thus, in a PC market, computer prices over time will go down.
b) Even though computer firms are reaping high profits, in the long-run, however, the profit will decrease because new companies will enter the market and offer customers a similar quality but lower price products. It is due to the nature of a PC market, where there is no barrier to entry.
c) Number of computer firm in the market over time will increase because there are no barriers that hinder the entrance of new computer firms from entering the market.
