When there is a recession and a fall in income, in the markets for inferior goods, demands increase.
<h3>What are inferior goods?</h3>
Inferior goods are goods whose demand falls when income rises and increases when income falls.
<h3>What is a recession?</h3>
A recession is when there is a negative gross domestic product for four consecutive periods. When there is a recession, there is a decline in productivity in the economy.
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Answer:
Straight-line
depreciation expense for 2016 =40350
depreciation expense for 2017 =40350
Double-declining-balance
depreciation expense for 2016 =105840
depreciation expense for 2017 =63504
Explanation:
Schedule of depreciation expense per year for the machine under the two depreciation methods is attached.
Original Value=264600
Residual Value=22500
Useful life=6
Straight-line
depreciation expense = (Original Value -Residual Value)/Useful life
depreciation expense = 40350
Double-declining-balance
Depreciation rate=1/useful life *100
Depreciation rate 20,00%
Answer:
a. Advertising is an important aspect of monopolistic competition and oligopoly because:
1. <em>brand distinction encourages consumer loyalty, which increases profits.</em>
b. Advertising promotes efficiency and benefits consumers by :
4. <em>providing information about new products, increasing sales and output, and lowering average total cost.</em>
<em></em>
c. Which of the following statements is true?
2.<em> Persuasive advertising can be important in encouraging new entry into the industry.</em>
<em></em>
Explanation:
Answer:
A. Cash decrease and dividends increase
Explanation:
Since the company is going to pay stockholders. The cash will decrease and the dividends that are going to be paid to the stockholders will increase.
A) Net income:
Revenue - Expenses = 13 100 - 8 200 = $4 900
b ) Assets = Liabilities + Shareholders equity ( SE)
SE = A - L = 43 500 - 20 500 = $23 000
The required earnings after dividends:
4 900 - 2 140 = $ 2 760
The Stockholders´ equity: at the end of the period:
23 000 + 2 760 = $ 25 760