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3 years ago

All but one of the following is a mechanism intended to provide reassurance against imperfect information. Which is it?

Business

1 answer:

nikdorinn [45]3 years ago

5 0

Answer:D. financial capital markets.

Explanation:Imperfect Information is a term used in Economics to describe a situation where the two or more parties in a business contract have varying levels of Information about the said contract,one party may have more information about the Contract than the other party or parties.

Reassurance is the process of removing the doubts of a person as to a given action or contract, it is essential to reassure investors in the case of market crisis by Organisations and Government.

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What is likely to happen to the labor market equilibrium for firemen as building codes change to require firewalls and sprinkler

olya-2409 [2.1K]

Answer:

The number of firemen employed will decrease while the wage of firemen will decrease

Explanation:

In an economy when there is an alternative or substitute that enters the market it results in reduction of demand for that product because some consumers will go for the other good.

In this scenario where building codes change to require firewalls and sprinklers to be included in all new construction, there will be a reduction in the demand for firemen. So number of firemen employed will be less.

This is because there is an alternative to using firemen now (firewalls and sprinklers).

Supply of firemen will remain the same, so more people are now competing for less jobs.

They will be more willing to take less wages than before so wages will reduce.

7 0

3 years ago

Sam, the chief accounting officer of texas fencing corporation, wants to be sure that all the company's accounts are legal and e

rosijanka [135]

Sam, being the Chief Accounting Officer of Texas Fencing Corporation, wants to ensure that all the company's accounts are legal and ethical. At times when he is unsure of what exactly is legal and illegal, he should <span>try his best to not do anything illegal and keep documentation showing that he always acts in good faith. In this way, even in the case that he does make a mistake, he has proof that he always acts in good faith with the help of his proper documentation. </span>

8 0

3 years ago

Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as follows: Cash collected from cus

Fiesta28 [93]

Answer:

Accrued net income is $161,900

Explanation:

The formula to compute accrued net income is shown below:

= Revenue - expenses

where,

Revenue = Cash collected from customers + customers owed the company

= $295,000 + $51,000

= $346,000

And, the expenses equals to

= Cash paid for rent + Cash paid to employees for services rendered during the year + Cash paid for utilities + gas and electric expenses at the end of a year

= $31,000 + $111,000 + $41,000 + $1,100

= $184,100

Now put these values to the above formula

So, the answer would be equal to

= $346,000 - $184,100

= $161,900

7 0

4 years ago

Nov. 5 Purchased 850 units of product at a cost of $10 per unit. Terms of the sale are 3/10, n/60; the invoice is dated November

pickupchik [31]

Answer: Please see explanation column for answer

Explanation: A perpetual inventory system maintains inventory balances ensuring that records are continually made immediately when purchases or sale are made together with any returns which are recorded in inventory accounts.

To record purchase of merchandise

Date Account Debit Credit

Nov 5 Merchandise Inventory $8500

Accounts payable $8,500

To record return of merchandise purchased

Nov 7 Accounts payable $300

Merchandise Inventory $300

To record payment of inventory

Nov 15 Accounts payable $8,200

Cash $7,954

Merchandise Inventory $246

Calculation =

Nov 5 - Cost of merchandise purchased = No of units x unit price = 850 x 10 =$8500

Nov 7 - Cost of merchandise returned = No of units returned x unt price = 30 x 10 = $300

discount received = Balance from accounts payable x discount rate = (8,500- 300) x 3%= 8200 x 0.03= $246

Cash = Accounts payable - Merchandise Inventory = $8200 - 246 =$7984.

4 0

3 years ago

Money market refers to:

Ivanshal [37]

Answer:

Dealing in debt of less than one year.

Used by governments / corporations to keep their cash flow coming in.

Explanation:

3 0

3 years ago