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Serggg [28]
2 years ago
8

. Which one of the following is an example of an economic good? (a) visit to a dentist (b) pair of sneakers (c) lesson taught by

your teacher (d) ride on a bus.
Business
1 answer:
Anvisha [2.4K]2 years ago
7 0

Answer:

b

Explanation:

b :because an enconomic good is something you pay for

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Freeman Co. acquired another business and paid (among other amounts) $64,800 for its goodwill in 2018. On December 31, 2020, the
agasfer [191]

Answer: $27000

Explanation:

The amount of goodwill impairment on December 31, 2020 will be:

Amount if goodwill = Net book value - Fair value

= $792,000 - $765,000.

= $27000

Therefore, the amount of Goodwill is $27000

5 0
2 years ago
A company is hiring professionals for web designing. The firm is small with few resources. They want employees who possess probl
Tatiana [17]

Answer:

Those who possess required skills.

Explanation:

Considering the firm's size and having a few resources, the firm should select employees who possess the following 3 important skills:

1. Honesty, and a Strong Work Ethics; this employees can be trusted with tasks, and may possess high moral standards beneficial for success.

2. Intelligence

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3. Leadership Skills

This employees are vital for the long-term growth of the firm.

They could effectively lead teams, train new team members and boost the firm's workplace productivity.

5 0
3 years ago
True or False: Stock market crashes have relatively little effect on the overall economy?
torisob [31]
False. The stock market is essential to the economy. The Great Depression is a prime example. 
8 0
2 years ago
Read 2 more answers
Ana is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Ana
Virty [35]

Answer:

Sentence 2 is right.

Explanation:

Since Ana is doing the training in which three skills are taught. So it is for sure that if she spends an hour for swimming, that hour cannot be utilized for acquiring other skills such as biking or running. So she has to make a choice and while making a choice she has to forgive other option. That is opportunity cost for her, the next best alternative forgone

7 0
3 years ago
ABC Co. had 600,000 shares of Common Stock, 40,000 shares of Convertible Preferred Stock, and $3,000,000 of 6% Convertible Bonds
AveGali [126]

Answer:

a. Net income for 2021                                               $1,600,000

Less: Preferred dividends                                          <u>$120,000  </u> (40000*$3)

Net income for Common Stockholders                    $1,480,000

Divide by Common Shares outstanding                   <u>600,000 </u>

Basic Earnings per share for 2021                             <u>$2.47      </u>

<u></u>

b. If company's preferred stock were convertible into common stock, diluted earnings per shares will also have to be calculated.

3 0
3 years ago
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