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4 years ago

Which of the following condition will both consumers and sellers benefit?

1 answer:

5 0

Answer: Option C) When supply equals demand.

The most common supply curve decreases with price. The most common demand curve increases with price. The point at which supply and demand curves intercept each other is the equilibrium point. At that point (equilibrium), there are consumers who are paying less than what they are willing to pay (generating a consumer surplus) and there are producers who are selling at a price that is higher than what they are willing to receive (generating a producer surplus), then both consumer and producers benefit.

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Farley Company identifies the following items for possible inclusion in the taking of a physical inventory. Indicate whether eac

ValentinkaMS [17]

Answer: A.Freight in

B.purchase return and allowance

C.purchase

D.sales discount

Explanation: A.Freight in the transportation cost associated with the delivery of a goods from the supplier to the receiving end.

B.purchase return and allowance. This occurs when a purchaser and inventory back to the seller.

C.purchase. This is the good and services bought by a company.

D.sales discount. A sales discount is usually offer for prompt payment. Is an incentive sellers offer for early payment.

5 0

4 years ago

Sensitive data on a gfe mobile device does not need to be encrypted.

ser-zykov [4K]

ANSWER – TRUE

Sensitive data on a Government Furnished Equipment (GFE) mobile device does not need to be encrypted. This is because all Government Furnished Equipment (GFE) has encrypted hard drive and all data are automatically encrypted; even after an authorized personnel logs in (locally or remotely), the data remains encrypted.

4 0

3 years ago

In the United States, ownership of intellectual property rights is established by "prior use versus registration" which implies

timurjin [86]

Answer:

D. prove the ownership of a trademark in a court of law

Explanation:

The intellectual property laws in the united states is under the Federal laws and are directly followed by the constitution for the copywriter and the patents and only the federal govt has the power to make laws and the ability to regulate commerce.

3 0

3 years ago

Smith Company reported pretax book income of $400,000. Included in the computation were favorable temporary differences of $50,0

Hoochie [10]

Answer:

$10,200

Explanation:

The computation of the deferred income tax expense or benefit is shown below:

Favorable temporary difference = $50,000

Less: Unfavorable temporary difference -$20,000

Net favorable temporary difference $30,000

We assume the tax rate is of 34%

So, the deferred tax expense is

= $30,000 × 34%

= $10,200

By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above

3 0

3 years ago

During the current period, Roberts recognized interest expense of $9,400 and paid interest of $9,000 related to its discounted b

VARVARA [1.3K]

Answer:

amortization on discount on BP 400

Explanation:

When there is a difference between the face value and the issuance proceeds from the bond a premium or discount is created.

When the proceeds are above, there will be a premium and the interest expense will be lower thant the actual cash outlay on the bond.

When theface value is above the proceeds, there is a discount.and expenses are higher than cash payment to bondholders.

In this case the expense is higher so there is a discount.

6 0

3 years ago