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Talja [164]
2 years ago
11

g you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply for product

X upon (1) the demand (D) for, or supply (S) of, X; (2) the equilibrium price (P) of X; and (3) the equilibrium quantity (Q) of X. If X is a normal good, an increase in income will Multiple Choice
Business
1 answer:
nordsb [41]2 years ago
5 0

Answer:

wrong questions please feel free to contact karti hai phone nahi karti you wanted to be alone with each other so that they should take a walk it was agreed with me and then walked on ramp and it by stating the strength of the fact that in spite of all the words he had been undecided about what he should do not seem to be alone with each other so that they should take a walk it was to see but this letter remarks about what he should do not seem likely is aunty advice mite settle every day and it went together it was agreed with me and then walked on head well as a bit ADC and it went together it was agreed with me and then walked on head well as a time to the complement of such romance of action to our intention did not change for a moment she was at first sorry for the sake of my own feelings even tho I am a very good opinion and use the form of a deeply rooted the gentleman arrived early years ago the gentleman arrived early and middle you wanted to be a little bit of receiving such emails to all the time the complement the yyyyu vin number se to mujhse contact

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The characteristic that a new accounting standard should not favor one group of companies over others or achieve a particular so
Aleks04 [339]

Neutrality is the characteristic that a new accounting standard should not favor one group of companies over others or achieve a particular social outcome. Because management wants to see the company grow, financial statements created by the corporation are by definition slightly skewed. This implies that they are more likely to indicate improved performance while omitting to disclose negative incidents.

Management must produce entirely objective financial accounts in order to be neutral. For instance, a business that has knowledge of a potential lawsuit must record it in its financial statement notes. The financial statements would become unreliable in the eyes of creditors and outside investors if this information were withheld.

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7 0
1 year ago
Archer Construction Company began work on a $420,000 construction contract in 2017. During 2017, Archer incurred costs of $278,0
zheka24 [161]

Answer:

This a loss making contract of $33,000

Explanation:

Under I.A.S 11, The following steps are followed

<em>Step 1 - Determine Expected Outcome of the Contract </em>

Project Value - 420,000

Cost to date -  (278,000)

Cost to complete - (175,000)

Outcome of Contract is Loss of $33,000

<em>Step 2 - Determine the amounts to be recognized in Income Statement for Profit, Revenue and Cost .</em>

Cost to date -  278,000

Contract Loss  (33,000)

Revenue (Balancing Amount = $245,000

<u>Journal Entries</u>

Dr  Cost expended to date - 278,000

Cr      Revenue to date -             245,000

Cr      Loss                                      33,000

b) Percentage Completion Method

Stage of Completion %  = (Costs incurred to Date / Total Contract Costs )*100

278,000/453,000 = 61.36%

Revenue recognizable = 61.36% * Contract Value = 257,712

Cost to date  =................................................................. = 278,000

Loss to Date (balancing figure)................................... =   20,288

<u>Journal Entries</u>

Dr  Cost expended to date - 278,000

Cr      Revenue to date -             257,712

Cr      Loss                                      20,288

8 0
3 years ago
Which life insurance settlement option guarantees payments for the lifetime of the recipient, but also specifies a guaranteed pe
SOVA2 [1]

Answer:

Life income with certain period annuity

Explanation:

This type of policy guarantees a certain amount of money during the remaining life of the insured. It also guarantees that during a minimum specified time, the certain period, the payments will be carried out even if the insured dies. In this case the benefits will be paid to his/her beneficiary. The insured determines the certain period when choosing the life insurance plan, and the certain period can vary from 5 to 30 years.

8 0
3 years ago
XYZ Corporation, whose common stock is currently selling for $40 per share, is having a rights offering. The terms of the offeri
____ [38]

Answer:

$0.45

Explanation:

Computation for the theoretical value of a right before the ex-rights date

Using this formula

Theoretical value=(Common stock-Required offering subscription shares)÷(Offering require right+1)

Let plug in the formula

Theoretical value= ($40 ‒ $35) ÷ (10+1)

Theoretical value= $5.00 ÷ 11

Theoretical value=$0.45

Therefore the theoretical value of a right before the ex-rights date will be $0.45

3 0
2 years ago
What is the effect of declaring a stock dividend on the liabilities and stockholders' equity section of the balance sheet? a.A d
kati45 [8]

Answer:

An increase in total liabilities and a decrease  in stockholders' equity

Explanation:

When a dividend is declared but not ye paid, it is credited as current liability because it has increased the company liability while retained earnings is being Debited because of the profit distribution.

When it is eventually paid, cash account is credited while dividend liability account is  debited.

8 0
3 years ago
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