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hjlf
3 years ago
10

Scott consumes only two goods, rice and soup. His preferences are complete, transitive, monotonic and convex. When the price of

rice falls, he buys more rice and the same amount of soup.
Based on this information we can say that:

a) Rice is necessarily a normal good.
b) Rice is necessarily an inferior good.
c) Soup is necessarily a normal good.
d) Soup is necessarily an inferior good.
e) None of the above
Business
1 answer:
BaLLatris [955]3 years ago
3 0

Answer:E(none of the above)

Explanation:

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Organizational portfolio plan, the final phase of the strategic planning process, involves?
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The main purpose of organizational portfolio plan is to ensure that the high-level strategy that the organization is implementing translated to an actual workable plan that is measurable and specific enough to be executed by the relevant business functions responsible.

A gap between strategy and executed plans are a very common business problem to encounter in various industries. Thus, the best answer for the question is (A) identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus.

3 0
3 years ago
AB Corporation and YZ Corporation formed a partnership to construct a shopping mall. AB contributed $527,000 cash, and YZ contri
Vaselesa [24]

Answer:

a. AB and YX are both general partners.

AB's basis in the partnership's interests = $527,000 + ($263,500/2) = $658,750

YZ's basis in the partnership's interests = $457,000 + ($263,500/2) = $588,750

Each partner share 50% interest in the recourse debt.

b. AB is a general partner, and YZ is a limited partner.

AB's basis in the partnership's interests = $527,000 + $263,500 = $790,500

YZ's basis in the partnership's interests = $457,000

Only AB has a share in the recourse debt, since YZ is a limited partner  it has no recourse debt share.

5 0
3 years ago
What Acts of Parliament govern the operation of incorporated not-for-profit organisations?
guapka [62]

Answer:The Australian Charities and Not-for-profits Commission Act 2012 (ACNC Act) governs eligibility of a not-for-profit entity to be registered as a charity for federal purposes, and establishes governance standards and reporting requirements for registered organizations

WARNING: I am not sure I am right

Explanation:

3 0
3 years ago
The transactions completed by Franklin Company during January, its first month of operations, are listed below. Assume that Fran
Digiron [165]

Answer:

Issued check for a payment on account CP, subsidiary posting

Issued check for rent CP, No subsidiary posting

Received cash for a sale CP, No subsidiary posting

Issued an invoice to a customer R, subsidiary posting

Purchased a computer for cash CP, subsidiary posting

Received a check from a payment on account CR, subsidiary posting

Purchased equipment on account P, subsidiary posting

Issued check for salary CP, No subsidiary posting

Issued check for purchase of supplies CP, No subsidiary posting

Issued check for advertising expense CP, No subsidiary posting

Paid for the equipment purchased on account CP, subsidiary posting

Recorded the adjustment for supplies used during the month G, Subsidiary posting

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7 0
3 years ago
A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plan
worty [1.4K]

Answer:

E. $148,600

Explanation:

Cash flow from operating activities.

Net income. $134,000

Add: Depreciation. $30,000

Less: Gain on sale ($4,000)

Changes in working

Capital

Add: decrease in

Accounts receivable $9,400

Less: increase in

Merchandise inv. ($18,000)

Less: increase in

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Add: increase in

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Net cash provided used by $148,600

Operating activities

4 0
2 years ago
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