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Nezavi [6.7K]
4 years ago
9

Personal likes and dislikes affect the elasticity of a good or service true or false

Business
1 answer:
Assoli18 [71]4 years ago
3 0
The answer is false.
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If a gain of $225,000 is incurred in selling (for cash) a building having a book value of $900,000, the total amount reported in
Valentin [98]

Answer:

$1,125,000

Explanation:

Given;

Gain from asset disposal = $225,000

Book value of asset disposed = $900,000

Therefore,

Amount of cash received from the sale = $900,000 + $225,000

                                                                  = $1,125,000

This represents an inflow of cash and will be represented by a positive value in the statement of cash flows. The total amount reported in the cash flows from investing activities section of the statement of cash flows is $1,125,000

8 0
3 years ago
The major purpose of the federal reserve buying government securities in open market operations is to
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The major purpose of the Federal Reserve buying government securities in open market operations is to allow banks to increase their lending. The Federal Reserve system is the central bank of the United States. It performs different functions to keep the effectiveness of the U.S. economy and the public interest operational. 
4 0
3 years ago
What is the first question you should ask yourself when analyzing an
kolbaska11 [484]

A.

because it could be like a baby toy and the first question you ask would be when can i buy it

5 0
3 years ago
What is the relationship of expenses, revenues, and dividends to retained earnings?
Maurinko [17]

Revenue and retained earnings provide insights into a company’s financial performance. While Retained earnings are an accumulation of a company's net income and net losses over all the years the business has been operating whereas, Revenue is a critical component of the income statement.

Retained earnings are the amount of profit a company has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders. Retained earnings make up part of the stockholder's equity on the balance sheet.

Revenue, sometimes referred to as gross sales, affects retained earnings since any increases in revenue through sales and investments boost profits or net income.

To learn more about Retained earnings here

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3 0
2 years ago
A baseball team plays in a stadium that holds 58,000 spectators. With ticket prices at $10, the average attendance had been 27,0
bixtya [17]

Answer:P(x) = -3000\times(x) + 57000

Explanation:

Let the demand function be given by p(x)  

Let P(x) be the demand for the match at price x

P(x) = a\times(x) + b

27000 = a\times(10) + b

33000 = a\times(8) + b

Solving we get a = -3000 and b = 57000

Thus P(x) = -3000\times(x) + 57000

5 0
3 years ago
Read 2 more answers
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