Answer:
The answer is false
Explanation:
Base on the scenario been described in the question, comparing the two firm and saying there will not reach into a conclusion to which firm is better manage is false, this is because the difference in debt is a result of better management, and this could be the cause of Firm A's higher profit margin. So the claim was false
Answer:
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Lines PQ and RS intersect each other at . If POR: ROQ = 3:7, find all the angles a, b, c and d.
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Answer:
One thing to clear ab initio is that equilibrium quantity and price are achieved when the demand and supply curves intersect at a point. Therefore, at equilibrium, the demand and supply in quantity are equal.
a) If a technological improvement reduces the cost of product, the equilibrium price will reduce and equilibrium quantity will be equal to the quantity demanded and supplied.
b) If there is a reduction in the number of sellers, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.
c) If there is a tax levied on the sellers of apps, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.
Explanation:
a) The market is in equilibrium when the supply and demand curves intersect, meaning that the quantity demanded and quantity supplied are equal. The price and quantity at which this intersection occurs are called the equilibrium price and equilibrium quantity respectively. In economics, when quantity supplied equals quantity demanded, an equilibrium situation is achieved, and it is represented by this equation: Qs = Qd; where Qs is quantity supplied and Qd is quantity demanded.
b) Equilibrium price reduces when there is a cost reduction and more supplies are pushed to the market to meet demand.
c) When suppliers leave the market, it means that the market price and demand are no longer attractive and beyond their individual influence. This leads to a reduction in quantity supplied overall.
d) Sales tax increases the price of goods and services, and equilibrium will be achieved when there consumers demand the product with increased price and sellers are willing to produce and sell at such a price.
The answer is shown below:
Regina apologized to clay for an e-mail that upset him. She said she had chosen an inconsiderate way of stating her idea and that she had been happy to discuss further. Regina is "Expressing consideration behavior ".
Answer:
The correct answer is a.Owner capital is where the period's net income or loss is transferred.
Explanation:
The income and expense accounts are canceled and closed at the end of each accounting period, transferring their balances to a summary bridge account entitled "profit and loss", where the balances are summarized. The amounts of the profit and loss account, which reflect the net profit or loss for the period, are transferred to the owner's capital account. These operations are necessary because:
- Revenues really increase stockholders' equity, while expenses decrease it.
- Through the accounting period these increases and decreases are accumulated in income and expense accounts, not within the owner's capital account.
- Closing entries at the end of each accounting period transfer the net effect of these increases and decreases, from the income and expense accounts to the owner's capital account.
In addition, closing entries allow income and expense accounts to start each of the new accounting periods with zero balances. This is also necessary because:
- The income statement reflects the income and expenses incurred during an accounting period and is prepared based on the information recorded in the income and expense accounts.
- These accounts must begin each new accounting period with a zero balance, if it is desired that the end-of-period balances accurately reflect the income and expenses of said period.
