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valentinak56 [21]
3 years ago
13

If the market for sport utility vehicles has excess supply, then one can say that: A. supply is greater than demand. B. quantity

demanded is greater than quantity supplied. C. demand is greater than supply. D. quantity supplied is greater than quantity demanded.
Business
1 answer:
AURORKA [14]3 years ago
3 0

Answer:

D. quantity supplied is greater than quantity demanded.

Explanation:

Since in the question it is mentioned that the market for sport utility vehicles has excess supply which determines that the supplies is more than the quantity which results that the quantity supplies is more than the quantity demanded as due to the excess supply

Hence, D option is correct and other options are wrong

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In a recent year Sunland Company had net income of $360000, interest expense of $72000, and a times interest earned of 10. What
Otrada [13]

Answer:

$648,000

Explanation:

Given that;

Net income = $360,000

Interest expense = $72,000

Times interest earned = 10

Net Income + Interest expense + Tax expense ÷ Interest expense = Times interest earned.

($360,000 + $72,000 + Tax expense) /$72,000 = 10

Tax expense = $288,000

Therefore;

Sunderland's income before taxes for the year

= Net income + Tax expense

= $360,000 + $288,000

= $648,000

4 0
3 years ago
Louis owns an import business. After traveling to France on numerous occasions, he developed a taste for fine French wines. A ra
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Answer:

B) French wines will become more expensive in the United States.

Explanation:

When rate of dollar falls to that of euro, the same number of dollars will purchase fewer French goods, so French goods become more expensive to American consumers. If one travels to Europe (including France), one will exchange one dollar for less than one euro

4 0
3 years ago
Executive stock options: Multiple Choice allow the holder the option to buy shares at a specified exercise price during a specif
ss7ja [257]

Answer:

allow the holder the option to buy shares at a specified exercise price during a specified period of time.

Explanation:

A primary market refers to the market where these securities that are being sold are issued or created

On the other hand, the secondary market can be defined as a market where various investors sell and buy securities from other investors.

Some examples of secondary market around the world are New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange (LSE) and National Stock Exchange (NSE).

Executive stock options (ESOs) can be defined as an equity compensation contract that are granted to the employees and executives of a company, giving them to right to buy a specific amount of shares from the company's stock at a particular price for a specificied period of time.

Basically, ESO allows the holder the option to buy shares from the company's stock at a specified exercise price or strike price for a specific period of time.

The main purpose of an ESO is to serve as an incentive to make the beneficiaries or holders improve the financial performance of a company while closely aligning their interests with those of the shareholders of the same company.

5 0
3 years ago
4. What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith
lukranit [14]

Answer:

Fulfilling client's expectations

Explanation:

Project management can be defined as the use of skills, tools and knowledge to effectively execute a project.

The Project Management Institute (PMI) aims to develop the project management profession.

PMI definition proposed by Meredith and Mantel has included client satisfaction as a criteria for project success.

Initially client satisfaction was not included in Project Management definition.

According to them project management is the use of skills, tools, and knowledge to meet and exceed customer expectations.

This definition now different from the previous one that focuses on meeting project specifications

6 0
3 years ago
If a company has advance ticket sales totaling $2,000,000 for the upcoming football season, the receipt of cash would be journal
Paraphin [41]

Answer:

(C) Debit Cash, credit Unearned Revenue.

Explanation:

The journal entry is shown below:

Cash A/c Dr $2,000,000

   To Unearned revenue A/c $2,000,000

(Being the receipt of cash is recorded)

Since the cash is received so we debited the cash account as it increases the current assets and credited the unearned revenue account as it is a current liability account so the same is to be credited

3 0
3 years ago
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