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weqwewe [10]
3 years ago
13

Suppose the price of movie tickets decline. The income effect means that :

Business
1 answer:
puteri [66]3 years ago
4 0

Answer:

a would be the answer for the question

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Liabilities and owner's equity of a company are $150,000 and $30,000, respectively. Determine assets using the accounting equati
ArbitrLikvidat [17]

Answer:

Assets: 180,000

Explanation:

Accounting Equation Formula:  

Assets = Liabilities + Owner's Equity

The accounting equation shows which resources the company has for the development of its activities and how they are financed. Assets are those mentioned resources, such as cash, bank accounts, inventory, etc. Those assets can be financed by external or internal sources. Liabilities represent external sources, which means, obligations. Instead, Owner's Equity represents internal sources, which means issuing equity shares. As every resource have to be finance either external or internally, the value of the Asset should match the add of Liabilities and Owner`s Equity.

7 0
3 years ago
ABC has the following information for the current year: Budgeted indirect costs are $4,000, the budgeted allocation base is 2,00
Marrrta [24]

Answer:

$2 per hour

Explanation:

<u>Given</u>: Budgeted indirect cost $4000

           Budgeted allocation base ; 2000 hours

           Actual indirect costs incurred: $4200

           Actual allocation base : 2050 hours

Standard rate for allocation of indirect cost = Budgeted indirect cost/Budgeted allocation base

= $4000/2000 hrs

= $2 per hour

Budgeted or standard indirect cost rate refers to the estimated indirect cost rate which is arrived at by dividing budgeted expenses by budgeted allocation base i.e budgeted hours here.

8 0
3 years ago
Today is date 0. In 10 years, you plan to retire and buy a house in Norman, OK. In terms of a time line, you will retire at the
Marianna [84]

Answer:

$20,441.67

Explanation:

the present value of your house is $200,000, its future value = $200,000 x (1 + 5%)¹⁰ = $325,778.93

you can earn a 10% annual interest rate for 10 years, that means that we can use a future value of an annuity factor = 15.937

your annual investment = future value of the house / annuity factor = $325,778.93 / 15.937 = $20,441.67

6 0
3 years ago
The supply schedule is identical to the demand schedule at every price. b The quantity demanded is the same as the quantity supp
ale4655 [162]

Answer:

B, The quantity demanded is the same as the quantity supplied.

Explanation:

Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.

6 0
3 years ago
Charitable contribution
nlexa [21]
Cans of soup are charitable contributions. giving money to the poor is a form of charity.
5 0
4 years ago
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