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3 years ago

An increase in the quantity supplied can result from

1 answer:

4 0

The only factor that can cause a change in quantity supplied is price, so increase in Qs results from a change in supply price.

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What is a corporation? a partnership that raises money through loans from the goverment a company whose owner is personally resp

Vikki [24]

Answer:

False

Explanation:

A corporation is "a group of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members."

Reference: Boundless, Boundless.com. “Boundless Business.” Lumen, 2019

3 0

3 years ago

Read 2 more answers

4-55 A firm expects to install smog control equipment on the exhaust of a gasoline engine. The local smog control district has a

Kruka [31]

Answer:

the amount that should be paid is $11,292

Explanation:

The computation of the amount that should be paid is shown below:

Present worth is

= $10,000 + $75(P/A, 6%, 10) + $25(P/G, 6%, 10)

= $10,000 + $75 × 7.3601 + $25 × 29.6023

= $11,292

Hence, the amount that should be paid is $11,292

We simply applied the above calculation

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3 years ago

Kelsie told you her goal is to be one of the best overall programmers in the world. She doesn't care who she works for, or wha

DochEvi [55]

Answer:

Differentiation of products throughout the industry.

Explanation:

The three generic strategies proposed by Michael Porter are: global leadership in costs, differentiation and focus or concentration, through them a company can face the five forces that shape competition in a sector and achieve a sustainable competitive advantage that allows it beat rival firms.

In the differentiation strategy, the company must produce exclusive services / products that are thus perceived by consumers, who are willing to pay more to have it.

4 0

3 years ago

Michek Company loans Sarasota Company $2,000,000 at 6% for 3 years on January 1, 2020. Michek intends to hold this loan to matur

nevsk [136]

Michek Company's Journal Entries related to loans to Sarasota Company are as follows:

a) Journal Entries without using fair value option:

December 31, 2020:

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

December 31, 2022:

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

b) Journal Entries with fair value option

December 31, 2020:

Debit Loan Receivable $50,000

Credit Unrealized Gain from Fair Value $50,000

To record the fair value of the loan.

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

December 31, 2022:

Debit Unrealized Loss from Fair Value $20,000

Credit Loan Receivable $20,000

To record the fair value of the loan.

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

Data and Calculations:

January 1, 2020, amount of loan = $2,000,000

Interest rate = 6%

Period of loan = 3 years

December 31, 2020 2021 2022

Fair value of loan $2,050,000 2,020,000 2,000,000

Interest income $120,000 $120,000 $120,000 ($2,000,000 x 6%)

Payment of interest = January 1

December 31, 2021:

Debit Unrealized Loss from Fair Value $30,000

Credit Loan Receivable $30,000

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

Thus, the Loan Receivable account's balance at December 31 each year varies only when using the fair value option.

Learn more: brainly.com/question/13212872

4 0

2 years ago

Ellen is employed by Software Inc., a software company located in the Silicon Valley of California, as a software manager. Her

Furkat [3]

Answer and Explanation:

Ellen should look for job or business that is similar to his former work so that Ellen does the least harm so, Ellen must join a software company.

If Ellen left the company, Allen would have to make up for the loss of the company, but in this case the company has fired Ellen, due to which she will not have to pay any compensation.

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3 years ago