Ay someone explain why $MARA & $RIOT stock been doing real bad while BTC be going up up and up

If a company increases production on a certain style of sneakers, the price will decrease, which will in turn cause an increase

GenaCL600 [577]

It was Alfred Marshall who developed the Principles of Economics. In this principle, Marshall explained the relationship between supply and demand, along with the production costs and price. To better understand his concept, Marshall formulated a curve that is still being used nowadays to easily illustrate the certain point at which the market achieves equilibrium. When a company increases its supply of certain sneakers, it only tells us that they are probably on sale. This means that prices decrease while the demand for such sneakers increase<span>. On the other hand, the price increases if the quantity of sneakers decreases; thus, the demand decreases as well.</span>

6 0

4 years ago

Read 2 more answers

At the beginning of the current period, Kingbird Corp. had balances in Accounts Receivable of $191,500 and in Allowance for Doub

taurus [48]

Answer:

Journal entries

Explanation:

The journal entries are as follows

a. Account receivable $733,600

To sales revenue $733,600

(Being the sales is recorded)

Cash Dr $767,780

To Account receivable $767,780

(Being the collection is recorded)

b. Allowance for doubtful debts $7,149

To Account receivable $7,149

(Being the written off amount is recorded)

c. Account receivable $2,957

To Allowance for doubtful debts $2,957

(Being the previously written off as uncollectible is recorded)

Cash Dr $2,957

To Account receivable $2,957

(Being the recovery is recorded)

d. Bad debt expense $19,742

To Allowance for doubtful debts $19,742

(Being the bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= Opening balance of Allowance for Doubtful Accounts - written off amount + recovery amount - uncollectible amount

= $9,890 - $7,149 + $2,957 - $25,440

= $19,742

4 0

4 years ago

Financial statement data at December 31 for Ecco Company are as follows: Cost of goods sold $552,500 Inventories: Beginning of y

Marrrta [24]

Answer:

The answer is D.

Explanation:

Number of days' sales in inventory is the average number of days that a company will take to sell of its inventory within the year. It tells us the number of days funds are tied up in inventory.

The formula is (average inventory/cost of sales) x 365days.

Average inventory =

($200,000 + $140,000) ÷ 2

$170,000

Therefore, Number of days' sales in inventory is

($170,000/$552,500) x 365days

=112.3 days

7 0

3 years ago

Hot Wok Cuisine is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing e

aleksley [76]

Answer:

monopolistically competitive industry.

Explanation:

this Asian restaurant is likely operating a monopolistically competitive industry. This kind of market structure is a combination of monopoly and competitive market. as it offers products and services which one similar. Also the question says that it has some barriers to entry, which is a characteristic of monopolistically competitive industry. Also goods are similar but not differentiated

5 0

4 years ago

Calculate the value of a preferred stock that pays a dividend of $6.50 per share when the market's required yield on similar s

ser-zykov [4K]

Answer:

In order to find the value of a preferred stock we discount its future payments at the required yield on the stock. Because the preferred stock is perpetual in nature, meaning it pays the same amount forever, we can find it's value by dividing its dividend by its required yield. So in this case the dividend is 6.5 and the required yield is 14% so the value of the preferred stock is

6.5/0.14= $46.42

Explanation:

4 0

3 years ago

Ay someone explain why $MARA & $RIOT stock been doing real bad while BTC be going up up and up ​

Ay someone explain why $MARA & $RIOT stock been doing real bad while BTC be going up up and up