The answer & explanation for this question is given in the attachment below.
Answer:
Date Account Title Debit Credit
12/31/2017 Equity Investment $180,000
Cash $180,000
Date Account Title Debit Credit
12/31/2017 Cash $6,000
Equity Investment $6,000
<u>Working:</u>
Cash received as dividend = 30% * 20,000 dividend
= $6,000
Date Account Title Debit Credit
12/31/2017 Equity Investments $24,000
Investment Revenue $24,000
<u>Working:</u>
Company is entitled to 30% of income:
= 30% * 80,000
= $24,000
Griffin should report the recurring problem to employees via explanatory email that demonstrates the importance of meetings for organizational effectiveness. Create alternative methods of speech at meetings. Decrease meeting times when possible and focus on the most relevant points. Establish overtime socializing warning policies.
Your firm, your boss’s clients, and shareholders
Answer:
a. If demand increases and supply is constant, there would be a rightward shift of the demand curve. As a result, equilibrium price and quantity would increase
b. An increase in supply would lead to a rightward shift of the supply curve. As a result price decreases and quantity increases. A decrease in demand would lead to a leftward shift of the demand curve. As a result, quantity and price decreases. Taking these two effects together, equilibrium price decreases and there is an indeterminate effect on equilibrium quantity
c. An increase in demand leads to a rightward shift of the demand curve. As a result, equilibrium price and quantity increases. A decrease in supply would lead to a leftward shift of the supply curve. This leads to a decrease in quantity and an increase in price. Taking these two effect together, there would be an increase in equilibrium price and an indeterminate effect on equilibrium quantity
d. A decrease in demand would lead to a leftward shift of the demand curve. As a result, quantity and price decreases. A decrease in supply would lead to a leftward shift of the supply curve. This leads to a decrease in quantity and an increase in price. Taking these two effect together, there would be a decrease in equilibrium quantity and an indeterminate effect on equilibrium price
Explanation:
Please check the attached images for the demand and supply diagrams