Answer:
Equilibrium quantity Increase
Explanation:
Equilibrium quantity is the level of supply that's meet the market demand of a product. At equilibrium quantity, there is no excess supply nor shortage in quantity supplied.
Should the cost of producing wheat decline, farmers will supply more wheat in the market. An increase in supply without a corresponding increase in demand results in reduced prices. Many suppliers will complete with few buyers. Due to a decline in prices, the equilibrium quantity increases because farmers will sell more quantities at the new low prices. The supply and demand curves will intersect a higher position in the graph, reflecting the new point where increased supply meets the demand at lower prices.
Answer:
acquisition
Explanation:
Since in the question it is mentioned that IBM buy MRO software Inc for $740 million where the MRO is a niche provider that help the customers. While on the other hand the IBM plans to fold MRO into the unit of software
So, this is an example of the acquisition as IBM buy the MRO software
hence, the same is to be considered
Explanation:
Under the direct write-off method , the journal entry is
Bad debt expense A/c Dr XXXXX
To Account receivable A/c XXXXX
(Being the bad debt expense is recorded)
For recording this journal entry, we Debited the bad debt expense and credited the account receivable
This is the answer. Hence, all the given options are incorrect
That's unprofessional. Unethical would be if he was a doctor and was sharing private information about his patients or decided not to treat them even though he's a doctor.
Answer:
A) Norma cannot use the installment method to report her gain if the stock is listed on the New York Stock Exchange.
Explanation:
Usually if you sell a capital asset on installments, and the buyer is given more than 1 year to pay the installments, you can spread the capital gains taxes over the period in which you receive the installments. E.g. if you receive 10 yearly payments, you will pay capital gains based on each yearly payment received, and not in a single lump sum. The installment method is only valid for reporting gains, it is not valid for reporting losses.
But the IRS Publication 537 also establishes that:
<em>"You can’t use the installment method to report gain from the sale of stock or securities traded on an established securities market. You must report the entire gain on the sale in the year in which the trade date falls."</em>
Since Norma sold stock traded at the NYSE, then she cannot use the installment method to report her capital gains.