Answer:
Resources are used in the most productive way, based on the needs of consumers and producers
Explanation:
As resources are scarce relative to the insatiable demands of human wants, economies are concerned with basic questions of allocation. ... In a market, resources are allocated based on the demand/supply in which prices plays an signalling function as it allocates resources to the production of different types of goods.
The answer is D) a social trend. One could also make a case for C). But Twitter, Facebook, etc. is social media.
Answer:
Loss on impairment 3,200,000 debit
accumulated depreciation 3,200,000 credit
Explanation:
I would assume we must record for the impairment at December 31th 2014 as the equipment current book value is
cost 9,000,000
acc dep <u> (1,000,000)</u>
book 8,000,000
fair value 4,800,000
book <u>(8,000,000)</u>
loss 3,200,000
beween the expected future value of the cash flow and the fair value we pick the fair value as the company expect to sale the equipment not to continue operation with it.
Answer:
Probably Bad.
Explanation:
It would be very hard to do..pretty much anything without the internet. I cant search up anything that might help me with something.
Answer:
A) improperly; the order should have been placed on Thursday
Explanation:
An agent is someone that is contracted by a client to effectively manage his business interest and also to follow client instruction on time in order to make profit for the client.
In the given scenario the agent received instructions to place an order for the KAPCO stock at whatever price the agent feels is best.
Since they had initially discussed the suitability of the KAPCO stock before now, the agent should have placed the order immediately.
However his delay till Friday resulted in a loss of $2 per share below Thursday's low.
The agent acted improperly.
