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alisha [4.7K]
3 years ago
12

In 2016, the city of Vancouver collected $500,000 in taxes and spent $450,000. In 2016, the city of Vancouver had a

Business
1 answer:
inn [45]3 years ago
3 0
$50,000 tax surplus.
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Why would a business ower lower the price of a product
Ray Of Light [21]

Answer:

he would do so becaus the canadiens wer smugling syrup and it was making trhe price go yeet, so ppl who didnt sell at thaat price had to lower or go ot of business!1

Explanation:

7 0
3 years ago
Read 2 more answers
The Superior Company acquired a building for $500,000. The building was appraised at a value of $575,000. The seller had paid $3
MissTica

Answer:

Cost principle.

Explanation:

Cost or historical cost principle.

The assets, liabilities and equity must enter the accounting at their original purchase cost rather than current market value. This bulding, which is an asset was purchase for 500,000. Therefore, his cost is 500,000. It will be recorded at 500,000.

And will not increase for changes in the market value. Only at the moment of selling or disposal of the assets the accounting will recognzie a gain or loss.

5 0
3 years ago
When trying to understand a corporate culture, it is helpful to understand the types of power that are used. In "power cultures"
Alenkasestr [34]

Answer: b. supervisors exert a great deal of economic and political power.

Explanation:

In this type of organizational culture, little space is left for the creativity of employees to be exercised, where they usually work without going beyond their means. Example: A company where all the decisions up to the smallest ones must be taken by the bosses

8 0
3 years ago
Alpha Division had the following information: Average operating asset base in Alpha Division $500,000 Operating income in Alpha
Eddi Din [679]

Answer:

15.79%

Explanation:

Current Average operating asset = $500,000

Decrease in asset base will make average operating asset $380,000 [500000 - 120000]

ROI = Operating Income / New operating asset base

=$60,000 / $380,000

= 15.78947...% = 15.79%

Hence, the correct answer is 15.79%

4 0
4 years ago
Suppose a country's real GDP is $14 trillion and the population is 200 million. Instructions: Enter your answers as a whole numb
Aneli [31]

Answer:

700,000

Explanation:

Real GDP per capita is a measure of the standard of living of the population of a country.

Real GDP per capita = real gdp / population

$14 trillion / 200 million = 700,000

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

7 0
3 years ago
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