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4 years ago

A(n)_____a0 is a misunderstanding; a mistaken thought or idea.

Business

1 answer:

lara31 [8.8K]4 years ago

5 0

Answer: misconception

Explanation:

A misconception is simply a misunderstanding, a mistaken thought or idea. Misconception is an opinion or a view by s person which is incorrect based on the faulty thinking of the person.

For example, Jane will finish high school the following year and therefore, won't need to further her education. This is an example of misconception.

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The price and quantity determined in a market when the supply equals the demand, the market is in the state of

astra-53 [7]

Answer:

Market equilibrium

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied are intersected to each other

The intersection could be done by supply and demand curves

Moreover, there is a positive relationship between the price and quantity supplied while for quantity demanded it has an inverse relationship between the price and quantity demanded

6 0

4 years ago

Which of the following is true about open-end mutual funds?

strojnjashka [21]

The truth about open-end mutual funds is that they <span>are bought or sold at their net asset value.

</span><span>Open-end mutual fund is a type of fund which shares are bought and sold on demand at their net asset value, or NAV, which is based on the value of the fund's underlying securities and is generally calculated at the close of every trading day.</span>

6 0

3 years ago

A review of the ledger of Cullumber Company at December 31, 2022, produces these data pertaining to the preparation of annual ad

VladimirAG [237]

Answer:

1) Dr. Insurance Expense 8,908

Cr. Prepaid Insurance 8,908

2) Dr. Prepaid Rental revenue 94,580

Cr. Rental revenue 94,580

3) Dr. Interest Expense 798

Cr. Notes Payable 798

4) Dr. Salaries and Wages Expense 3,975

Cr. Salaries and Wages Payable 3,975

Explanation:

1) Insurance

Building: (11,100/3)×1 = 3700

Vehicle : (7812/18)×12= 5208

total = 3700 +5208= 8908

2) Revenue

5380×2 = 10760 ×4 = 43040

8590 ×1 = 8590 ×6 = 51540

total = 94580

3) Notes Payable

monthly interest rate = 7%/12 = 0.0058333

interest expense = 45600× 0.005833 × 3 = 798

4) Salary Expense

615 ×5 = 3075

710 ×5 = 3550

salary per week = 3075 + 3550 = 6625

Salary per day = 6625 ÷ 5 = 1325

since they worked last three days of December so:

Salary payable = 1325 × 3 = 3975

8 0

4 years ago

The Bay Fig Corporation has $350,000 of taxable income from operations for the current year, and dividends of $50,000 received f

Natali5045456 [20]

Answer: $25,000

Explanation:

When a company owns less than 20% of another company and receives dividends from that company, they are allowed to deduct 50% of that dividend for tax purposes.

Bay Fig owns 10%(less than 20%) of the domestic corporations so qualifies for the 50% reduction:

= Dividends * 50%

= 50,000 * 50%

= $25,000

3 0

3 years ago

Will a firm that earns zero dollars in economic profits stay open? Explain why or why not.?

skad [1K]

Yes, because it still has the opportunity cost which can means its wages, interest of its own capital, its own land etc.

3 0

3 years ago