Answer:
Required that firms could no longer employ investment bankers to sell securities to the public
Explanation:
Required that firms could no longer employ investment bankers to sell securities to the public
Answer:
Given:
The total transaction price for the sale of the stereo system and the extended warranty is $3,000.
The standalone price of each is $2,300 and $900, respectively.
The estimated cost of the assurance-warranty is $350.
Here, in this case the warranty expenses against sale of stereo is on basis of expected expenses
.
Expected expenses in future is for certainty and sum collected against this expenses. Therefore, $ 900 is gathered under assurance-warranty while no cost is incurred. Therefore, they will credit the unearned warranty revenue of $ 900
<u><em>Option (4) is correct.</em></u>
Answer: The correct answers are 1- decrease, 2- increase, 3- increase and 4- not change.
Explanation: If the supply curve shifts downward, equilibrium price will <u>decrease</u>, equilibrium quantity will <u>increase</u>, consumer surplus will <u>increase</u>, and producer surplus will <u>not change</u>.
Answer:
The answer is 50.000 dollars
Explanation:
When a corporation completely liquidates, the corporation wil recognize a gain or loss as if the property were sold at fair market value.
Amount realizes as if sold $150,000
Less: Adjusted basis $ 100,000.
Equals: $50,000, which is the recognized capital gain.
YOU, are always responsible! It will show a sense of leadership if you always make sure you can be understood!