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2 years ago

Why is efficiency and innovation important to a society

1 answer:

8 0

Efficiency and innovation is important to a society because they are key components to bringing income into their economy and creating jobs for those within it. Being efficient means to use your resources wisely and get through work at a good pace. Being efficient doens't mean you need to rush through anything, just use your time and resources as best as you can. Innovation is important because it creates new ideas for consumers and producers to make and sell within an economy. When a new invention comes about, that gives opportunities for growth and expansion of a company or a new or old.

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g Oregon Corp. prepares its financial statements annually and has a calendar year end. The adjusted trial balance ( NO MORE ADJU

Semmy [17]

Answer:

$1,700,000

Explanation:

The computation of the NET accounts receivable (the cash realizable value) at December 31, 2019 is shown below:

= Account receivable - allowance for doubtful debts

= $2,000,000 - $300,000

= $1,700,000

By deducting the allowance for doubtful debts from the account receivable we can get the net account receivable or the cash realizable value

Therefore we ignored the bad debt expense

5 0

2 years ago

John Peterson purchased a bond at a price far below its face value; it that makes no interest payments and will be redeemed at i

nadezda [96]

Answer:

zero-coupon

Explanation:

According to my experience with different investment assets, I can say that based on the information provided within the question he purchased a zero-coupon bond. This is an bond asset that the individual may redeem at the time of maturity for the same price that he purchased the bond. Just like mentioned in the question.

If you have any more questions feel free to ask away at Brainly.

7 0

3 years ago

Branch Corporation issued $5 million of commercial paper on March 1 on a nine-month note. Interest was discounted at issuance at

defon

Answer:

Journal Entry

March 1

Dr. Cash $4,550,000

Dr. Discount on Note Payable $450,000

Cr. Note payable $5,000,000

December 1

Dr. Interest Expense $450,000

Cr. Discount on Note Payable $450,000

Dr. Note payable $5,000,000

Cr. Cash $5,000,000

Explanation:

Note payable is document which is payable after a specific period of time.

Note Payable is recorded at the present value of the note face value. We need to discount the face value of the note first.

Interest on the bond = $5,000,000 x 12% x 9/12 = $450,000

On December 31 Interest expense will be recorded and Payment of Note is made.

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3 years ago

Estion 1/5

tigry1 [53]

Answer:

Prepare a detailed business for financial viability study

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2 years ago

12. Market efficiency and perfect price discrimination Perfect price discrimination is efficient because it converts what would

Nady [450]

Market efficiency is achieved with perfect price discrimination because what would have been dead-weight loss is converted into consumer and producer surplus through perfect price discrimination.

For the market, efficiency is achieved because the dead-weight loss is converted into producer and consumer surpluses, with enormous benefits to the society.

Thus, perfect price discrimination achieves allocation efficiency for both the producer and the consumer (or the society as a whole).

Learn more about market efficiency and price discrimination here: brainly.com/question/10234084

6 0

2 years ago

Read 2 more answers