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3 years ago

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3(q-5)=2(q÷5)

q - 5) = 2(q \div 5)" alt="3(q - 5) = 2(q \div 5)" align="absmiddle" class="latex-formula">

1 answer:

Black_prince [1.1K]3 years ago

5 0

the answer to the question is 75 over 13

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Hillary graduates from law school and gets a position in a law firm. At the same time the price of hamburger falls while other f

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Answer:

no, since other things are not held constant, including her income

Explanation:

The law of demand states that price has an inverse relationship with quantity demanded of a good. As price increases the demand reduces, and as price decreases quantity demanded increases.

However this is true when all other factors reman constant.

In the given scenario the price of hamburger has fallen but Hilary buys less of it. This looks like a violation of the law of demand, but her income has changed so the law of demand may not hold here.

All factors do not remain constant.

Hilary's behaviour can be explained by the concept income effect. Where an increase in income leads to the consumer buying more of expensive goods than cheaper ones.

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3 years ago

Bridgeport Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the busin

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Answer and Explanation:

The journal entries are shown below:

1. Cash $19,980

To Common Stock $19,980

(Being the invested amount is recorded)

2. No journal entry is required

3. Rent Expense $999

To Cash $999

(Being the rent expense is recorded)

4. Supplies $1,443

To Accounts Payable $1,443

(being supplies purchased on account is recorded)

5. Accounts Receivable $2,109

To Service Revenues $2,109

(Being service provided is recorded)

6. Cash $777

To Unearned Revenues $777

(Being cash is recorded)

7. Cash $3,108

To Service Revenues $3,108

(Being cash is recorded)

8. Salary & Wages Expense $1,664

To Cash $1,664

(Being cash paid is recordeD)

9. Accounts Payable $333

To Cash $333

(Being cash paid is recorded)

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3 years ago

Mudvayne, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 14 years to maturity that is

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Answer:

Pre-tax Cost of debt 7.35%

After-tax Cost of debt 4.78%

Explanation:

We will calculate the cost of debt which is the rate at which the present value of the coupon payment and maturirty matches with the market value.

$YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}$

Coupon payment =100 x 8% / 2 = 4

Face value= 100

market Value = P= 106

n= total payment = 14 years x 2 payment per year = 28

$YTM = \frac{4 + \frac{100-106}{28}}{\frac{100-106}{2}}$

YTM = 3.6754508%

As this rate will be semiannually we multiply by 2

3.6754508 x 2 = 7.3509015 = 7.35%

Then we calcualte the cost of debt after tax:

pretax (1-t)

7.35 (1-.35) = 7.35(0.65) =4,7775‬ = 4.78%

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Answer: Sí

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The Enron case broke out in the U.S. when that energy giant announced what was once the biggest bankruptcy in the history of the country, with a debt of 31,000 million dollars, something overcome a few months later by the collapse of another colossus, WorldCom.

In June 2002 WorldCom, the second US telephone. and of the world, he admitted that he had lied in his accounting books for almost 4,000 million dollars and his actions - which shortly before touched his maximum of 16 dollars - collapsed to 20 cents. His bankruptcy exceeded Enron's: $ 35 billion of liabilities.

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