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3 years ago

(Economics)How is the equilibrium price found using a supply and demand graph

1 answer:

7 0

On a graph, the point where the supply curve (S) and the demand curve (D) intersect is the equilibrium. ... At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.

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A stock has annual returns of 5 percent, 21 percent, -12 percent, 7 percent, and -6 percent for the past five years. The arithme

sergij07 [2.7K]

Answer:

Arithmetic = 3%

Geometric = 2.37%

Explanation:

The arithmetic average of 'n' returns is given by:

$A = \frac{\sum r_i}{n}$

For five returns of 5% ,21%, -12%, 7%, and -6%:

$A=\frac{0.05+0.21-0.12+0.07-0.06}{5}\\ A=0.03=3\%$

The geometric average of 'n' returns is given by:

$G=\sqrt[n]{(1+r_1)*(1+r_2)*...*(1+r_n)}-1$

For five returns of 5% ,21%, -12%, 7%, and -6%:

$G=\sqrt[5]{(1+0.05)*(1+0.21)*(1-0.12)*(1+0.07)*(1-0.06)}-1\\G=0.0237=2.37\%$

8 0

3 years ago

For 2014, Taxpayer (TP) wants to recognize a deduction. The deduction involves a statute that has not changed since enacted in 1

Vesna [10]

Answer:

Option c. is correct

Explanation:

Under the Golsen rule, the Tax Court must follows the Court of Appeals such that the court of appeals has direct jurisdiction over the taxpayer. The Court is said to reach a decision without calculating the tax when a Tax Court decision is said to be entered under Rule 155.

In this question, The Golsen rule applies here and weakens the legal justification for the deduction

4 0

2 years ago

1. Sheetz Company is purchased by Pulsar Corporation, at an acquisition cost that is $25,000,000 greater than the fair value of

emmasim [6.3K]

Answer:

a. Dr goodwill; credit building for $8,000,000

Explanation:

Goodwill refers to excess of purchase consideration over net assets value of an entity in case of acquisition.

Goodwill is an intangible asset which is recorded as follows on the date of acquisition.

Journal entry for Goodwill is;

Goodwill A/C Dr

Net Assets Acquired Dr.

To Purchase Consideration

(Being goodwill recorded)

In the given case, building was acquired for $15,000,000 against it's fair value which was only $7,000,000. The excess price paid for such acquisition represents goodwill which shall be recorded as;

Goodwill A/C ($15,000,000- $7,000,000) Dr. $8,000,000

To Building $8,000,000

(Being goodwill recorded)

5 0

3 years ago

As accenture explores an end-to-end business flow that has reconciliation between multiple parties, what would we uncover?.

vlabodo [156]

As Accenture explores an end-to-end business flow that has reconciliation between multiple parties system, we would be able to uncover shared state.

Any variable, object, or memory area that resides in a shared scope is referred to as a shared states. Accenture Blockchain and Multiparty Systems specializes in supply chain, digital identity and financial services.

Multiparty systems creates a shared data infrastructure between an individual and an organization that drives efficiency and creates a new business and revenue models. they include blockchain, distributed ledger, distributed database, tokenization and a variety of other technologies and capabilities.

To learn more about Accenture here

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6 0

2 years ago

Clicking the Format Painter once will allow you to apply the copied formatting repeatedly.

kicyunya [14]

The second answer is correct hope that helps

7 0

3 years ago