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Inessa [10]
3 years ago
13

Match the following:

Business
1 answer:
asambeis [7]3 years ago
5 0

Explanation:

1. If butter complements margarine for instance, and there occurs a sudden increase in the price of butter leading to lower demand, this would affect the demand for margarine negatively leading to a fall in the demand for margarine.

2. If this goods are substitutes the demand for butter will increase when the price of margarine rises.

This is because it is only natural for people to switch to the next best alternative (substitute) that fills the same purpose or needs.

3. Remember Ice cream and ice cream cones complementary goods; meaning the demand for one increases the demand for the other and vice versa.

4. If the price of ice cream increases, demand would also decrease for ice cream as consumers are usually sensitive to price.

This decrease in the demand for ice cream would also affect ice cream cones since they complement each other, leading to a decrease in the demand for ice cream cones.

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The board of directors of Yancey Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock outstandin
Ivahew [28]

Answer:

<em>Increase to Cash dividends</em>

Explanation:

The entry on declaration of dividend is Retained earnings debit and credit is given to dividend payable. The cash dividend will increase to shareholders as a result of this action. The dividend payable will increase. Cash is not affected when dividends is declared. Cash is affected only when dividend is paid on August 15, 2017. Cash dividend will not decrease since dividend is paid it will increase. There are total 2 entries passed one on July 15th for dividend declaration and on August 15th for dividend payment. The record date of July 31 is only for determining which shareholders are eligible for dividend and no entry is needed.

5 0
3 years ago
Which of the following scenarios is a circumstance in which it would be ethical to practice confidentiality?
dimulka [17.4K]
C.
It’s personal anything personal goes down the rule of confidentiality
4 0
3 years ago
Alex and Bess have been in partnership for many years. The partners, who share profits and losses on a 70:30 basis, respectively
Usimov [2.4K]

Answer:

Alex and Bess Partnership

Part A: Step-by-step Distribution:

                                  Cash     Noncash assets  Liabilities      Alex       Bess

December 31            $48,000    $135,000      $36,000   $94,500  $52,500

Safe cash

distribution              (26,400)                 0                   0      (18,480)    (7,920)

1st Liabilities              (21,600)                 0         (21,600)              0              0

Sale of noncash       147,000      (135,000)                            8,400      3,600    

Safe cash distrib.   (100,000)                                              (70,000) (30,000)

Final liabilities          (14,400)                  0         (14,400)               0             0

Liquidation expense (4,100)                  0                             (2,870)    (1,230)

Final distribution    (28,500)                  0                            (11,550) (16,950)

Part B: Final Statement of Partnership Liquidation:

                                   Cash     Noncash assets  Liabilities      Alex       Bess

December 31             $48,000   $135,000      $36,000   $94,500  $52,500

Sale of noncash         147,000     (135,000)                           8,400       3,600

Payment of liabilities (36,000)                         (36,000)

Liquidation expenses  (4,100)                  0                          (2,870)      (1,230)

Distribution             (154,900)                   0                0   (100,030)   (54,870)

Explanation:

a) Data and Calculations:

Profits and losses sharing ratio = 70:30

Estimated liquidation expenses = $5,500

Balance Sheet at Liquidation Date:

Cash                      $48,000     Liabilities                               $36,000

Noncash assets     135,000     Alex, capital                            94,500

                                                 Bess, capital                           52,500

Total assets           183,000     Total liabilities and capital $ 183,000

3 0
3 years ago
John (45) and Cynthia (46) are married, and they will file a joint return. During the year, they earned investment income consis
svetlana [45]

Answer:

                          Calculation of Net taxable income

Particulars                                                        Amount        Amount

Interest income from savings interest                                   $200

Interest income from certificate deposit                                $350

Dividend from saving account with                                        $100

local credit union  

Interest income from us treasury note                                    $250

Tax exempt interest from municipality bond                          $500

Ordinary dividend                                                                     <u>$1,700</u>

Gross total income                                                                    $3,100

<u>Income exempt</u>

Dividend from saving account                           $100

Dividend from treasury note                              $250

Tax exempt interest from municipality bond    <u>$500</u>              <u>$850</u>

Net taxable income                                                                   <u>$2,250</u>

8 0
3 years ago
What influence tactic depends on the strength of the friendship and between the influencers and the target?
Nutka1998 [239]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
I think the answer should be "Personal appeals". It is a<span>n influence tactic in which the requestor asks for something based on personal friendship or loyalty</span>

3 0
3 years ago
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