Answer: Yes it does
Explanation:
The investment advisors say that the market rarely declines three years in a row.
Since 1872, it has declined two years in a row 8 times and three years in a row, only twice.
This means out of 8 times, it declined twice. Percentage of times it declined was:
= 2 / 8 * 100%
= 25%
25% while not rare, is a good enough percentage to trust the advice of the investment advisors.
The answer is 2 times.
Accounts recievable turnover ratio = net sales / average accounts recievable
=1,000,000 ÷ (700,000+300,000 ÷ 2)
Answer:
C. a public good
Explanation:
Oil and gas reserves are the public good
Since , Oil and Gas reserves belongs to the property of the nation and the license to drill them are controlled only by the government .
The oil and gas reserves are both non-excludable and are non- rival.
Excludability means the nature of the use of a goods or services .
Answer:
$ 6,600
Explanation:
Monty should 
e up to 
in the gross account but to an extent of the tax benefit in the previous year. Since the debt is a non-business debt, the amount of 
would be reported as the short term business capital loss.
In the previous year, Monty had a capital gain of 
and 
as taxable income.
Therefore, $ 3,600 + $ 3,000 = $ 6,600
So $ 6,600 out of $ 9,000 loss produced the tax benefit. Therefore, only 
can be included in the gross income of Monty for this year.
