Answer:
The correct answer is $ 49,000. (which is not in options)
Explanation:
This problem requires us to calculate value of retain earning at the end of the year. We know that assets = equity + liabilities and equity = common stock + retain earning. Following this rule we can easily calculate amount of retain earning. Detail Calculation is given below.
Asset
Accounts Receivable $30,000
Land $42,000
Investments $7,000
Building $59,000
Cash and Equivalents $80,000
Equipment $64,500
Supplies $6,000
Total Asset $288,500
Less
Liability
Notes Payable $59,000
Interest Payable $5,500
Income Taxes Payable $10,000
Accounts Payable $38,000
Total Liabilities $112,500
Less
Equity
Common Stock $127,000
Retain earning $ 49,000
I think its deflation or inflation
Answer:
a. firms have different costs.
Explanation:
A market might have an upward-sloping long-run supply curve if
a. firms have different costs.
b. consumers exercise market power over producers.
c. all factors of production are essentially available in unlimited supply.
d. the entry of new firms into the market has no effect on the cost structure of firms in the market.
Answer:
C) functional authority
Explanation:
In this scenario, the quality control team has functional authority because this is when a department of the company is responsible for controlling a specific process or activity that is performed by another department. Because of this authority, the quality control team can ask the production manager to change one of the suppliers of leather.
Answer:
Reduction in interest rate in borrowing will help in solving unemployment because once a loan interest is reduced, people goes straight to get some loans to start private businesses without relying to be employed by other companies rather they become euntreprenuers and manufacturers on their own. They drive on their passion and also will create job opportunities for more unemployed ones.