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4 years ago

Explain the effect that price has on goods and services are produced

Business

1 answer:

Zinaida [17]4 years ago

4 0

Positive coorelation.

A price goes up, more companies will produce goods and services because they want to take advantage of the higher price.

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An economic downturn, usually characterized by a fall in the gdp and rising unemployment, is called

Cloud [144]

An economic downturn, usually characterized by a fall in the gross domestic product (GDP) and rising unemployment, is called recession. <span> If the economy declines significantly for at least six months then recession is declared. </span>This period is characterized with reduced trade and industrial activity.

7 0

3 years ago

Chapman Company, a major retailer of bicycles and accessories, operates several stores and is a publicly traded company. The com

Salsk061 [2.6K]

Answer:

$28,250

Explanation:

Chapman Company Statement of Cashflow using Indirect method

Cash flow from Operating Activities:

Net income$130000

Adjustment to reconcile net income to cash basis:

Depreciation expense $25000

Increase Account receivable ($17000)

Decrease Inventory$30000

Increase Prepaid Expense ($2000)

Increase Account payable $8000

Decrease Salaries & Wages Payable ($24750)

Increase Interest payable $2000

Balance $21250

Cash flow from Operating Activities $151250

Cash flow from Investing Activities:

Cash paid for purchase of plant assets ($28000)

Cash flow from Investing Activities ($28000)

Cash flow from Financing Activities:

Issue common stock (2000 * $10)$20000

Repaid Bonds($30000)

Cash dividend paid ($105000)

Cash flow from Financing Activities ($115000)

Net cash Increase/(decrease) $8250

Add: Beginning Cash Balance $20000

Ending Cash Balance $28,250

4 0

3 years ago

Which of the following statements is CORRECT? a. The present value of a 3-year, $150 annuity due will exceed the present value o

lorasvet [3.4K]

Answer:

Statement a. is correct.

Explanation:

The effective annual rate is always higher than the nominal interest rate, as the formula is clear for any number of periods, for any interest rate:

Effective Annual Rate of return = $(1 + \frac{i}{n})^n - 1$

Further if we calculate the present value of annuity due and ordinary annuity assuming 6 % interest rate, then:

Present value of annuity due =

$(1 + 0.06) \times 150 \times (\frac{1 - \frac{1}{(1 + 0.06)^3} }{0.06} )$

= 1.06 $\times$ $400.95

= $425.0089

Present value of ordinary annuity = $150 \times (\frac{1 - \frac{1}{(1 + 0.06)^3} }{0.06} )$

= $150 $\times$ 2.6730

= $400.95

Therefore, value of annuity due is more than value of ordinary annuity.

Statement a. is correct.

5 0

4 years ago

You are planning to start a new day care center for children under the age of 5. As part of the business plan, you need a spread

AveGali [126]

D) Salaries

Revenue is the income for your business so you make a profit from fund raisers, donations and fees charged per child. You are losing revenue when you have to pay your workers salaries

5 0

3 years ago

Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Copper Grill Restaurant

8_murik_8 [283]

Answer:

150,000 Shares

70$ per share

Explanation:

Stock split at a rate of 3 for 1 means that holder of every 1 share will have total 3 shares after the split (e.g. he will receive additional two shares for each share he owns). Thus Copper Grill Restaurant Corporation's total shares will increase from 50,000 to 150,000 (50,000 * 3).

Per share price will be divided by 3 to arrive at approximate value of per share after the split (210 / 3) = $70 / per share.

6 0

4 years ago