Answer:
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Explanation:
omgirwkms if u can read that u need a hug
Answer
Retained earnings at the beginning of Year 2 was: $1,450
Explanation
Revenue = $2,100
Retained Earnings Closing Balance = $1,850
Expenses = $1,150
Dividends = $550
Retained Earnings Closing Balance = Revenue - Expenses - Dividends + Retained Earning Beginning Balance
$1,850 = $2,100 - $1,150 - $550 + Retained Earning Beginning Balance
Retained Earning Beginning Balance = $1,450
Answer:
if I'm correct I think both bondholders and shareholders
Answer:
b. $31,000
Explanation:
The computation of the depreciation expense using the straight-line method for the second year is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($127,000- $3,000) ÷ (4 years)
= ($124,000) ÷ (4 years)
= $31,000
Hence, the correct option is b. $31,000
The units are to be ignored as the method i.e used is straight line so the same is to be considered
Answer:
The correct answer is the second option: respond to prices; determines the price.
So the final statement will be:
The demand and supply curves show how buyers and sellers respond to prices; the interaction of buyers and sellers determines the price.
Explanation:
To begin with, in the microeconomics theory both the demand and supply curves are economic functions that are represented in the graphic in order to give a better understanding of what is going on in the reality of the economy out there. So that means that they are both determine by the quantity demanded or supplied and the price, the relation between those two components. And regarding that, they both will show how the buyers and sellers respond to prices. Moreover, their interaction will determine the price as explained before.