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REY [17]
3 years ago
6

Bob likes to buy and sell things. Assume Bob made the following transactions: he bought an antique for $300 and sold it for $500

; he bought shares of stocks for $1,000 and sold the shares for $500; and he bought a car for $9,500 and sold it for $9,800. Overall, Bob:______.A. Made a gain.B. Incurred a loss.C. Broke even.D. Earned a $200 dividend.
Business
1 answer:
Arisa [49]3 years ago
8 0

Answer:

Broke even

Explanation:

Since it is given that

The antique bought at $300 and it sold for $500 so it reflects the profit of $200 as sale price is more than the purchase price

The shares of stock bought for $1,000 and it sold for $500 that reflects the loss of $500 as purchase price is more than the sale price

Now if the car is bought for $9,500 and the car sold for $9,800 that reflects the profit of $300  as sale price is more than the purchase price

So, the total profit is $500 and the total loss is $500.

Therefore, this is a break even where there is no loss or no gain

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What notation, if any, is made in a formal business letter that contains additional documents in the envelope?
Viktor [21]

Answer:

The notation that is made in a formal business letter that contains additional documents in the envelope is:

“Enc.” or “Att.”

Explanation:

"Enc." means "Enclosures," while "Att." means "Attention."  These notations draw the attention of the letter recipient to the fact that there are other documents that may be accompanying the business letter.  The plural form of the word "Enclosures" is regularly used with the number of enclosures indicated.  But if it is one document, then the word "Enclosure" is preferred, indicating that the document is not more than one.  When "Attention" or "Att." is used, the documents are listed.

4 0
3 years ago
Very often, the reason that players can solve the prisoners' dilemma and reach the most profitable outcome is that A. the player
AysviL [449]

Answer:

B- Self interest results in the Nash Equilibrium which is the best outcome for the players.

Explanation:

Prisoner's dilemma: It is the answer in the game theory to the reason that why 2 conflicted parties doesn't cooperate. According to Prisoner's Dilemma, 2 conflicted individuals doesn't cooperate because they both are acting to secure their own self interest, considering that the collective interest would be far much better, but they are interested in win/lose situation.

Nash Equilibrium: This occurs when both parties realize that no extra benefit will incur if they change their strategy, so they both remain on the same strategy and solve the dilemma while getting the optimum outcome for both of them.

7 0
3 years ago
Which of the following us an example of resourcefulness
Tanya [424]
The answer you’re looking for is D
6 0
3 years ago
Autonomy refers to: Group of answer choices the promotion of self-determination and the freedom of clients to be self-governing
steposvetlana [31]

Answer:

The answer is: the promotion of self-determination and the freedom of clients to be self-governing within their social and cultural framework.

Explanation:

Autonomy is all about making your owns decisions.

Autonomy at work means that the employees have substantial freedom in determining their goals and how to achieve them.

Autonomy in clients refers to the freedom clients have to decide or make decisions about what they want, how they want it, what they like or dislike. The more options available, the more autonomy clients have.

3 0
3 years ago
Mantle Publications publishes a golf magazine for beginners interested in learning and playing golf. The magazine sells for $4.0
omeli [17]

Answer:

December:

Dr cash         $16,000

Cr subscription revenue   $16,000

Dr cash                         $216,000

Cr unearned revenue                     $216,000

January 2017:

Dr unearned revenue $18,000

Cr subscription revenue            $18,000

Explanation:

The sales of 4000 copies at the newstand means that revenue of $16,000($4*4000) has been earned in December,which means that cash would debited with $16,000 and sales revenue credited with the same amount.

In December,the subscriptions received in advance for 2017 of $216,000($36*6000) would be debited to cash and credited to unearned revenue account.

At the end of January,the unearned revenue would be debited with $18,000($216,000/12) in respect of subscription earned as a result of the Magazine been mailed to subscribers in the month,which now entitles the company to one month subscription as earned sales revenue.

3 0
3 years ago
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