The following statement supply curve A is perfectly elastic and supply curve B is perfectly inelastic are correct.
Explanation:
If there is no response from demand to prices and supply curve is vertical then the supply is perfectly inelastic.If there is more change in demand and very less change in price and supply curve is horizontal then the supply is perfectly elastic.
If the elasticity is greater than one that indicates high change in price known as Elastic supply. if the Elasticity is less than one that indicates low change in price then it is said to be Inelastic supply.
Answer:
Explanation:
Let the number of days per year that the company will need the equipment in order to justify its purchase b represented by x.
Based on the information given, this will then be:
1130x + 180x = 199000(A/P, 10%,10) - 65000(A/F, 10%, 10), + 32000 + 220x
1310x = 199000(0.1627) - 65000(0.0627) + 32000 + 20x
1310x - 20x = 32377.3 - 4075.5 + 32000
1290x = 60301.8
x = 60301.8/1290
x = 46.75
Therefore, the answer is 46.75 days.
Answer:
B. Notes Receivable.
Explanation:
Since the company is signed an agreement for lending out of its customers for $200,000 that could be repaid in one year at 5% interest so it is not revenue not note payable and also not account receivable
Therefore it is a note receivable
Hence, the option b is correct
and, the same is to be considered and relevant
Answer:
The correct answer is Public Company Accounting Oversight Board.
Explanation:
The Sarbanes Oxley Law was enacted in the United States with the purpose of monitoring companies that are listed on the stock exchange, preventing the valuation of their shares from being altered doubtfully, while their value is lower. Its purpose is to avoid fraud and bankruptcy risk, protecting the investor.
This law, beyond the local level, also involves all companies listed on the NYSE (New York Stock Exchange), as well as its subsidiaries.
This law arose in response to the financial scandals of large corporations, such as: Enron, Tyco International, WorldCom and Peregrine Systems, as these diminished the public's confidence in the accounting systems and, above all, in the audit.
