All categories

3 years ago

"when a profit-maximizing firm in a competitive market has zero economic profit, accounting profit"

1 answer:

8 0

"when a profit-maximizing firm in a competitive market has zero economic profit, accounting profit"

The answer is positive.

You might be interested in

The qualities needed for effective leadership are the same as those needed to be an effective follower. Group of answer choices

enot [183]

It is true that the qualities needed for effective leadership are the same as those needed to be an effective follower.

<h3>Who is a leader?</h3>

A leader is someone who gets things done through others. A leader rely on his or her followers to be able to achieve an organizational' s goals and objectives.

For a leader to be able to deliver effectively, he or she must have followers who have similar goals and must be effective as well.

Hence, it is true that the qualities needed for effective leadership are the same as those needed to be an effective follower.

Learn more about leadership here : brainly.com/question/17306630

3 0

2 years ago

Which of the following forms of business organizations does not have the pass-through feature of income and losses? a. partnersh

Sauron [17]

Answer:

c. corporation

Explanation:

A corporation is a type of business ownership that recognizes a business as a separate entity from its owners. Legally, a corporation is an independent person with commercial rights like any other person. A corporation is entitled to de business, incur debts, acquires assets, and make profits.

A corporation is expected to file its income tax returns at the end of every financial year. The owners of a corporation or its shareholders are also expected to file their separate income tax returns. An element of double taxation arises the business is taxed, and the owners are also taxed separately. In the other form of business ownership, the business incomes pass as owner's income resulting in single taxation.

3 0

3 years ago

Markets always allocate resources in ways that meet ideal economic efficiency.

Virty [35]

Answer:

False. Markets can sometimes fail to reach efficiencies when there are externalities, public goods, monopoly, or serious information asymmetries

Explanation:

Invisible hand (effective allocation of resources in a laissez faire economy) sometimes works because when market function effectively and send correct price as signal of values (to society) to producers.

However, when goods can't be traded on markets (public goods) or its values are not correctly reflected on markets (externalities, information asymmetries) or competition is not ensured (monopoly), markets cannot ensure effective allocation of resources.

5 0

3 years ago

Purchase investment in bonds for $115,000. Sell land costing $40,000 for only $31,000, resulting in a $9,000 loss on sale of lan

Juli2301 [7.4K]

Answer:

net cash flow 26,800

Explanation:

NOTE: missing information attached.

Operating

net income 104,000

removal of non-monetary terms

depreciation expense 37,000

loss on sale of land 9,000

adjusted net income 150,000

<u>Changes in working capital:</u>

Increase in AR (22,000)

Decrease in Inventory 40,000

Prepaid increase (7,200)

Decrease in AP (16,000)

decrease interest paayble (5,000)

increase in tax payable 1,000

net change in working capital (9,200)

net cash generated from operating 140,800

investing

sale of land 31,000

purchase of debt securities (115,000)

cash used in investing activities 84,000

financing

cash dividends (30,000)

cash used in financing activites 30,000

net cash flow 26,800

beginning cash 227,800

ending cash 254,600

6 0

3 years ago

What aspects of managing your account were probably more difficult before online banking was available?

sveticcg [70]

Answer:

One of the main advantages of online banking is that you can access information about your account immediately and from anywhere. Before online accounts were available, you had to go to a bank or ATM on some specific cases if you wanted to carry out any type of transaction, e.g. pay a service or transfer money. Online accounts make it less likely for a person to go to a bank, e.g. in order to get a loan, I did it all online, I didn't even need to go to the bank.

5 0

3 years ago