Answer:
c. Equilibrium quantity would decrease, but the impact on equilibrium price would be ambiguous.
Explanation:
When the demand decreases along with the decrease in supply, obviously the equilibrium quantity will also decrease, to match the level of supply and demand.
But the price cannot be fairly estimated as because the supply is decreased the prices shall increase for equilibrium but as the demand has also decreased the prices shall decrease in order to match the equilibrium.
Thus, the price is ambiguous but definitely the quantity shall stand decreased for equilibrium.
Answer:
Owner's capital account is increased by $2,235,000.
Explanation:
At the end of the period the closing entries are made to close the temporary accounts of Revenue and expenses and transfer the balance to retained earning or owners capital account.
Net income for the year = Total revenue - Total Expenses
Net income for the year = $12,840,000 - 9,975,000
Net income for the year = $2,865,000
Changes in owner's capital account during the period = net income / loss - drawings during the period
Changes in owner's capital account during the period = $2,865,000 - $630,000
Changes in owner's capital account during the period = $2,235,000
The correct answer is internal rate of return for investment analysis.
The Internal Rate of Return (IRR), a statistic used in financial analysis, is used to determine the profitability of potential investments. IRR is a rate of return that drives the net present values (NPV) of all cash flows to zero in a discounted cash flow analysis.
Keep in mind that the IRR does not accurately reflect the development's true financial value. The NPV becomes negative due to the annual return.
The internal rate of return is the anticipated yearly acceleration from an investment (IRR).
The ultimate goal of IRR is to calculate the rate of discount that reduces the investment's initial cash balance outlay to the purchase price of all of its original nominal yearly profits.
The greatest tool for analyzing corporate finance projects so order to evaluate and compare likely yearly rates of return across time is the internal rate of return (IRR).
IRR can help investors determine the investment return of different assets and is also used by businesses to decide which infrastructure improvements to invest in.
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Dwayne has proper funding for his bicycle shop, but needs assistance on what to do next.<u>The type of assistance needed by Dwayne is Small Business Administration</u>
Explanation:
In U.S. Small Business Administration is a United States government agency that render support the budding entrepreneurs and small businesses houses
The Small Business Administration (SBA) was established in the year 1953 with intention of providing assistance to small business houses ,thus promoting economic growth.
The main function of SBA includes providing counselling and financial aid to individuals trying to start their own businesses.
The assistance of SBA is provided in four main areas:
- Financial aid
- Educating and training individuals
- Providing Government contracts
- Acts as a supporting voice in policy matters.
All the above mentioned programs are aimed to help entrepreneurs start and establish their businesses .