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2 years ago

A decrease in input costs to firms in a market will result in a(n) _________________

Business

1 answer:

shtirl [24]2 years ago

6 0

Answer:

a) decrease in equilibrium price and an increase in equilibrium quantity.

Explanation:

As the input cost decreases for the companies the the supply of the goods increases hence the supply curve shifts rightwards.In the curve at the new equilibrium point the equilibrium price decreases and the equilibrium quantity increases.

Think it like if cost of creating anything is decreased for a company then the company will create more products .So there will be more products in the market.So to clear the products in the market the price will be reduced and the quantity of the product is more than before.

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As referred to in the NSMIA, the term "covered security" would apply to

koban [17]

Answer:

Correct Answer:

C) I and IV

Explanation:

In stock market, any security equal or senior to one listed on the NYSE is a covered security. Because, it is guaranteed by a Federal law. Municipal bonds are a covered security except in their state of issuance. On the other-hand, Pink Sheet and OTC Bulletin Board securities are not considered covered.

5 0

3 years ago

merchandise costing 1200 is sold for 2200 on term 2/30,n/60. If the customer pays within the discount period. Prepare the journa

spin [16.1K]

Answer:

The journal entries are as follows:

(a) Accounts receivables [$2,200 - 2%] A/c Dr. $2,156

To Sales revenue $2,156

(To record the sale)

(b) Cost of Goods Sold A/c Dr. $1,200

To inventory $1,200

(To record the cost of goods sold)

To Accounts receivables $2,156

(To record payment within discount term)

3 0

2 years ago

Kaplan, Inc. produces flash drives for computers, which it sells for $27 each. The variable cost to make each flash drive is $13

notka56 [123]

Answer:

Break even sales will be $2700

So option (b) will be correct option

Explanation:

We have given fixed cost = $1400

Sells per unit = $27 each

And variable cost per unit = $13 each

So contribution margin ratio $=\frac{sales\ per\ unit-variable\ cost\ perunit}{sales\ per\ unit}=\frac{27-13}{27}=0.5185$

We know that break even sales is given by

Break even sales $=\frac{fixed\ cost}{contribution\ margin\ ratio}=\frac{1400}{0.5185}=$2700$

So option (b) will be correct answer

6 0

2 years ago

Jason purchases a patent at a cost of $24,000. The patent has 8 years of legal life remaining from the date of purchase. a. The

mina [271]

Answer: a. The patent is an intangible so it is amortized for cost recovery

Explanation:

Just as Depreciation exists for the wearing and tearing of tangible Assets, so does AMORTIZATION exist for Intangible Assets like goodwill, patents, licenses, copyrights and logos.

It follows essentially the same process as Depreciation and the useful life estimation is usually discretionary because some Intangible Assets can give benefits forever such as logos.

Generally though, only Intangible Assets with estimable useful lives are amortized such as Patents and Trademarks.

6 0

2 years ago

Read 2 more answers

1 Madison Harris, the owner, invested $6,800 cash and $33,800 of photography equipment in the company in exchange for common sto

bekas [8.4K]

Answer:

Trial Balance

Account DEBIT CREDIT

Cash 6,416** -

Account Receivable

Prepaid Insurance 2,400 -

Supplies 910

Equipment 33800

Common Stock 40600*

photography fees 3631

utilities expense 705

TOTAL 44,231 44,231

Explanation:

*Common stock:

6,800 cash + 33,800 equipment = 40,600 total investment

**to calculate cash we need to do a T account

CASH

DEBIT CREDIT

6800

2400

910

3631

705

10,431 4,015

BAL: 6,416

The rest of the account are just used once so we do't have to do T-accounts to keep track of them

4 0

2 years ago