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DedPeter [7]
3 years ago
13

What two conditions must producers meet for there to be supply of a product?

Business
1 answer:
alukav5142 [94]3 years ago
4 0
<span>Supply is the quantity of a good or service that producers are willing and able to offer for sale at various prices. </span><span>The two conditions that must be met in order there to be supply of a product are:
1. Buyers must be willing for it 
2.Buyers must be able to pay for 
</span>The Law of supply states that <span>as the price of a good or service increases, the quantity supplied increases, and vice versa.</span>
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A résumé should be only one or two typed pages.<br> True or False
padilas [110]

Answer:  A resume should typically be only one page in length. However, there are certain circumstances under which a two-page resume is acceptable. So the answer is <u>True.</u>

Hope this helps!

4 0
2 years ago
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Dakota Trucking Company (DTC) is evaluating a potential lease for a truck with a 4-year life that costs $40,000 and falls into t
Afina-wow [57]

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The company should borrow or buy the truck as it is less costly than leasing.

Explanation:

Detailed solution is given below

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3 years ago
Match each of the following characteristics that describe financial accounting, managerial accounting, both financial and manage
ella [17]

Answer:

1. Managerial accounting

2. Financial accounting

3. Both financial and managerial accounting.

4. Financial accounting

5. Financial accounting

6. Financial accounting

7. Financial accounting

8. Managerial accounting

9. Managerial accounting

10. Both financial and managerial accounting.

11. Neither financial nor managerial accounting.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Examples of financial statements includes Balance sheet, cash-flow and income statement.

Managerial accounting also known as cost accounting is an accounting technique focused on identification, measurement, analyzing, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.

1. Managerial accounting: Is future oriented.

2. Financial accounting: Is used primarily by external parties.

3. Both financial and managerial accounting: Is relied on for making decisions.

4. Financial accounting: Is historical in nature.

5. Financial accounting: Has reports that can be obtained through the company website or requested from the company CFO for publicly traded companies.

6. Financial accounting: Is reported in aggregate for the company as a whole.

7. Financial accounting: Has reports that may be created daily or even in real time.

8. Managerial accounting: Is used mostly by managers within the company.

9. Both financial and managerial accounting: Must be accurate to help decision makers.

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5 0
3 years ago
The following information has been taken from the ledger accounts of Bridgeport Corporation.
stealth61 [152]

Answer:current balance of retained earnings=$206,000

Explanation:

Net Retained Earnings =  Total Income since Incorporation−

Total Cash Dividend Paid−  Value of Stock Dividend distributed

Where

cash dividends distributed among the stakeholders= $55,000

 value of stock dividends distributed  = $31,000

Total Dividend Distributed = $86,000

Net Retained Earnings = $292,000 -($86,000)=$206,000

5 0
3 years ago
If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is
Mazyrski [523]

Answer:

The coupon rate is the stated periodic interest payment due to the bondholder at specified times. The bond's yield is the anticipated overall rate of return. If the bond's price changes and is no longer offered at par value, the coupon rate and the yield will no longer be the same as the coupon rate is fixed and yield is a derivative calculation based on the price of the bond.

4 0
2 years ago
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