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3 years ago

There is said to be demand for a good if a consumer is ready and willing to buy product

Business

2 answers:

Phoenix [80]3 years ago

7 0

Answer:

That statement is true.

Explanation:

In business , demands represent's the customers' need and desire to purchase a certain product at a certain price level.

In the free market economy, Customers' demand will determine the actions that will be taken by the producer. If the producer able to provide that product at an acceptable price level, the customers will buy it. If not, than the customers will find an alternative for that product.

masya89 [10]3 years ago

7 0

Answer:

"There is said to be demand for a good if a consumer is ready and willing to buy product"

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Flounder Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of

ipn [44]

Answer:

Journal Entries

Dr. Cash ___________________$104,000

Cr. Common Stock ___________$5,000

Cr. Preferred stock ___________$10,000

Cr. Paid in capital Common Stock $78,200

Cr. Paid in capital Preferred stock $10,800

Dr. Cash ___________________$104,000

Cr. Common Stock ___________$5,000

Cr. Preferred stock ___________$10,000

Cr. Paid in capital Common Stock $84,000

Cr. Paid in capital Preferred stock $5,000

Explanation:

First, we need to calculate the fair value of each type of shares using the following formula

Fair value = Numbers of shares x Fair value per share

Fair Value of Common Share = 500 shares x $164 per share = $82,000

Fair value of preferred share = 100 shares x $205 per share = $20,500

Total value of shares = $82,000 + $20,500 = $102,500

Now allocate the Value of $104,000 bases on the fair value

Allocation to

Common stock = $104,000 x $82,000 / $102,500 = $83,200

Preferred stock = $104,000 x $20,500 / $102,500 = $20,800

Now calculate the par values

Par Values

Common stock = 500 shares x $10 = $5,000

Preferred stock = 100 shares x $100 = $10,000

Now calculate the additional paid-in capital

Additional paid-in capital

Common stock = $83,200 - $5,000 = $78,200

Preferred stock = $20,800 - $10,000 = $10,800

Value of common stock = $178 per share x 500 shares = $89,000

Additional paid in capital

Common stock = $89,000 - $5,000 = $84,000

Preferred stock = $104,000 - $89,000 - $10,000 = $10,000

6 0

2 years ago

Find the final amount of money in an account if $ 8 , 000 is deposited at 5 % interest compounded semi-annually and the money is

Vika [28.1K]

Answer: $12477.27

Explanation:

The formula to find the compound amount after t years (compounded semiannually) :-

$A=P(1+\dfrac{r}{2})^{2t}$

Given : Principal amount : P = $ 8,000

Rate of interest : $r=0.05$

Time : 9 years

Now, $A=8000(1+\dfrac{0.05}{2})^{2\times9}$

$A=8000(1+0.025)^{18}=12477.2697417\approx\$12477.27$

The final amount in the account will be $12477.27

5 0

3 years ago

"a company is developing an expert system. it has assembled the participants in its expert systems. taylor has extensive knowled

DIA [1.3K]

Mary's role is that of a knowledge engineer.
A knowledge engineer is tasked with integrating certain knowledge into computer (in this case expert) systems, with the aim to solve very difficult problems that otherwise people would not be able to solve on their own.

6 0

3 years ago

Various financial data for the past two years follow. LAST YEAR THIS YEAR Output: Sales $ 200,100 $ 202,100 Input: Labor 30,100

kramer

Answer: $1.637; $1.404

Explanation:

Given that,

Last year:

Output - Sales = $200,100

Input:

Labor = 30,100

Raw materials = 35,100

Energy = 5,010

Capital = 50,010

Other = 2,010

Input = 30,100 + 35,100 + 5,010 + 50,010 + 2,010

= 122,230

Total Productivity = $\frac{output}{input}$

= $\frac{200,100}{122,230}$

= $1.637

This year:

Output - Sales = $202,100

Input:

Labor = 40,100

Raw materials = 45,100

Energy = 6,050

Capital = 49,750

Other = 2,875

Input = 40,100 + 45,100 + 6,050 + 49,750 + 2,875

= 143,875

Total Productivity = $\frac{output}{input}$

= $\frac{202,100}{143,875}$

= $1.404

8 0

3 years ago

Which of the following statements is false?

kirza4 [7]

I believe B a technical degree may be helpful, but not necessary to become a qualified home inspector

5 0

3 years ago