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Delicious77 [7]
3 years ago
5

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Business
1 answer:
podryga [215]3 years ago
7 0

Answer:

Hiiiiiiiiiiiiiiiiiiiiiiii 1111122212222222 if you needed help I would help

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On December 31, 2021, Perry Corporation leased equipment to Admiral Company for a five-year period. The annual lease payment, ex
ivanzaharov [21]

Answer:

$20,000

Explanation:

Calculation to determine by what amount will Perry's earnings increase due to this lease

Using this formula

Selling price=Fair value-Cost

Let plug in the formula

Selling price=$125,000-$105,000

Selling price=$20,000

Therefore The amount that Perry's earnings will increase due to this lease is $20,000

3 0
3 years ago
An auction market:
Sindrei [870]

Answer:

The correct answer is letter "B": has a physical trading floor.

Explanation:

An auction market is one where buyers and sellers simultaneously offer reasonable bids. The price of the asset being traded is the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. Even with the spread of technology, some auctions can be done online. Though, the auction always has a trading floor.

6 0
3 years ago
Indicate whether the following items would appear on the income statement (IS), balance sheet (BS), or retained earnings stateme
irina [24]

Answer:

Notes Payable - Balance sheet

Advertising expense - Income statement

Common stock - balance sheet

Cash - balance sheet

Service revenue - income statement

Dividends - Statement of Retained Earnings

Explanation:

A. Notes payable will appear on Balance sheet(Under Liability)

B. Advertising expense will appear on Income statement(Under expense)

C. Common stock will appear on Balance sheet(Under Equity)

D. Cash will appear on Balance sheet(Under Asset)

E. Service Revenue will appear on Income statement(Under revenue or sales or income)

F. Dividends will appear on Statement of Retained Earnings which is the same thing as Statement of Owner's Equity

3 0
3 years ago
Read 2 more answers
What age are we currently living in when infinite quantities of facts are widely available to anyone who can use a computer?.
Lelu [443]

Answer:

In a information age! Anyone can use a book or a computer to get data, information, business and knowledge which is why this is a information age!

3 0
2 years ago
In the Circular Flow example, some Households have Labor (and possibly other) resources which are ______________ and, therefore,
dimulka [17.4K]

In the Circular Flow example, some Households have Labor (and possibly other) resources that are <u>under-employed</u> and, therefore, receive fewer Goods and Services in a Market-based economy.

A circular flow model is a diagram that is used to represent monetary transactions in an economy. It shows how money, goods, and resources move through a market economy.

The circular flow is the exchange of money between firms and households.

The main factors in the circular flow of economic activity are households (or individuals), firms, and the government.

Learn more about circular flow here

brainly.com/question/14043044

#SPJ4

4 0
2 years ago
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