Answer:
It’s like the price or the cost
Explanation:
Answer:
The three scenarios describe a competitive market.
Explanation:
1) In the competitive market buyers and sellers are price takers, this means that there are many producers and consumers and none of them are able to intervene in price and market. Price is given, ie price is determined by interaction in the market. 2) The products are identical. That is, no company will make a profit due to differentiated products. In perfect competition, companies produce identical products, and the consumer is indifferent to the product characteristics of each company. 3) There is free entry and exit of companies and factors of production, ie there is no cost to enter and exit any sector. This means that factors can migrate from one sector to another without incurring costs, meaning there are no barriers to entry and exit from any sector.
Thus, from items 1 and 2, consumers and buyers are price takers, that is, they cannot influence the price determined by the market. Item 3 is about achieving zero profit or normal long-term profit. This is because the free entry and exit of companies avoids extraordinary profits by encouraging companies to migrate to sectors that earn higher profits in the short term. Thus, in perfect competition, compa
Answer:
Option D is correct because the only item that relates to Income statement is Sales Revenue of $45000 and the remainder transactions net effect must go to Comprehensive Income statement.
Net effect = - $36k + $28k - $17k -$3.1k = $28.1 Loss
This net effect realized during the year in the Comprehensive Income statement because these transaction does not directly relate to core operation of the entity.
Answer:
"Quantitative
" is the correct answer.
Explanation:
- Quantitative approaches qualitative data analysis as well as observational, analytical, or predictive interpretation of the data obtained by interviews, queries, and surveys and then using processing methods to modify focuses on gathering numerical data.
- It exposes students to the study broad targeted advertisements bodies as well as to manipulate this information in order to achieve intended outcomes.
Therefore the survey provided is a quantitative data collection tool.
Answer:
$750,000
Explanation:
Computation of the balance of the Equity Investment account on the parent's pre-consolidation balance sheet
EQUITY INVESTMENT ACCOUNT
Purchase price $400,000
Add Net income $400,000
Less Dividends ( $50,000 )
Balance of equity $750,000
($400,000+$400,000-$50,000)
Therefore the balance of the Equity Investment account on the parent's pre-consolidation balance sheet assuming that the Goodwill asset has not declined in value subsequent to the date of acquisition will be $750,000
