Answer:
Options includes the followings: Relevance, Faithful representation, Predictive value, Confirmatory value, Comparability, Completeness, Neutrality, Timeliness.
a. Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena. select a qualitative characteristic.
Qualitative characteristics: Comparability
b. Having information available to users before it loses its capacity to influence decisions.
Qualitative characteristics: Timeliness
c. Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future.
Qualitative characteristics: Predictive Value
d. Information that is capable of making a difference in the decisions of users in their capacity as capital providers.
Qualitative characteristics: Relevance
e. Absence of bias intended to attain a predetermined result or to induce a particular behavior.
Qualitative characteristics: Neutrality
Answer and Explanation:
The computation of the percentage of each amount is as follows;
<u>Particulars 2020 Change Percentage of change
</u>
a b (b ÷ a) × 100
Cash $170,000 $500,000 294%
Accounts Receivable $710,000 $270,000 38%
Inventory $520,000 $190,000 37%
Long Term Assets $2,100,000 -$200,000 -9.52%
Total Assets $3,500,000 $760,000 21.71%
Answer:
The price elasticity of supply is 1.42.
Explanation:
The price elasticity of supply is the measure of the degree of responsiveness of quantity supplied to a change in price. It is the ratio of proportionate change in quantity supplied and proportionate change in price.
An economist doing an analysis on the market for original paintings finds that a 7% increase in price will lead to an increase in the quantity supplied by 10%.
Price elasticity of supply
=
=
= 1.42
Answer:
Joint venture
Explanation:
A joint venture is an agreement between two or more parties mostly businesses so as to share markets, intellectual property, assets, knowledge, capital, profits as well as losses. A common phenomenon in which joint venture is used is the partnering up with a local business to enter a foreign market. For example is a company that wants to expand its operations to new countries, can enter into a joint venture agreement with a local business in the new country, thus benefiting from an already existing distribution network
For Axiom International, an Australian company that wants to expand its operations to China, a country that is politically, culturally, and economically different, the mode of entry should be a joint venture with a country in china.
Answer:
GCF: 1
(4-5)^2 thats the (a-b)^2=a^2-2ab+b^2
Explanation: