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love history [14]

3 years ago

13

A common resource is: a. a good that, when used by one person, leaves less for everyone else. b. likely to be overutilized. c. r

ival but nonexcludable. d. All of the answers are correct.

1 answer:

lesya692 [45]3 years ago

8 0

Answer:

d: All of the answers are correct

Explanation:

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The amount of uncollectible accounts at the end of the year is estimated to be $35,000, using the aging of accounts receivable m

vladimir2022 [97]

Answer:

$35,000

Explanation:

As the Allowance of Doubtful Accounts account already has the balance of $12,000, and we need $35,000 at the end of the year. We know that Allowance of Doubtful Accounts account account has credit nature so it needed $23,000 ($35,000 - $12,000) to be adjusted at the end of the year to make the adjusted balance equals to $35,000. So, the adjusted account balance will be $35,000.

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3 years ago

The government passes a new investment tax credit initiative. Which input in the production function changes, and what is the ef

babymother [125]

Answer: The capital stock increases, and economic growth is positively affected.

Explanation:

If the government offers an investment tax credit, a situation will arise where entities will invest more knowing that they do not have to pay as much in taxes.

This investment will lead to an increase in capital stock as this is what investment purchases to enable production. With more capital stock, production levels will rise and the economy will grow.

5 0

3 years ago

Tamarisk Co. reports the following information for 2020: sales revenue $769,400, cost of goods sold $502,400, operating expenses

horsena [70]

Answer:

<u>Statement of Changes In Equity</u>

Common Stock Retained Earning Total

Beginning Balance $365,300 $91,010 $456,310

<u>During the Year 2020</u>

Profit for the Year $120,800 $120,800

Dividends ($14,160) ($14,160)

Balance at End $365,300 $197,650 $562,950

Explanation:

First, Calculate the Profit / Loss for the Year

Income Statement for the year ended 2020

Sales Revenue $769,400

Less Cost of goods sold ($502,400)

Gross Profit $267,000

Operating expenses ($88,400)

Net Profit/(Loss) $178,600

Other Comprehensive Income

Less unrealized holding loss ($57,800)

Total Profit and Loss and other comprehensive income $120,800

<u>See the statement prepared above in terms of IAS 1 of the International Financial Reporting Standards (IFRS)</u>

3 0

3 years ago

A tax of 20% is collected on every purchase at a supermarket.select all the statements that are correct.answer choicesa box of c

Ann [662]

A tax of 20% is collected on every purchase at a supermarket.select all the statements that are correct.answer choicesa box of chocolates that costs $10 before tax will cost $12 after tax. a book that costs $20 before tax will cost $24 after tax. a set of books that costs $48 after tax will cost $40 before tax. a flower vase that costs $24 before tax will cost $22 after tax. i think its A

6 0

3 years ago

These are two goods that are bought and used together.

OleMash [197]

Answer:

d. Complements

Explanation:

Compliments or complementary goods are products that are used together. The use of one product is dependent on the availability of the other. Examples of complementary goods are cars and petrol, printers and ink cartridges, and computer hardware and software.

Changes in the price of a complementary product will affect the demand for the other product. If the price of cars decreases, leading to an increase in demand, the demand for petrol will automatically increase. The demand for complimentary products is described as joint demand.

4 0

3 years ago