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djyliett [7]
3 years ago
15

Consumers' incomes decrease, which causes a decrease in demand. This causes the equilibrium price to _____. increase decrease st

ay the same
Business
2 answers:
adell [148]3 years ago
6 0
The answer is decrease 
nikitadnepr [17]3 years ago
3 0

the correct answer to your question is decrease

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"Which type of accounts" the ____ on an investment is the investors gain or loss on the investment over a period of time.
miss Akunina [59]
The rate of return on an investment is the investors gain or loss on the investment over a period of time. 
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3 years ago
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The __________ approaches her social world with practical knowledge, whereas the __________ approaches the world by using reason
Mnenie [13.5K]

The <u>everyday actor </u>approaches her social world with practical knowledge, whereas the <u>social analys</u>t approaches the world by using reasoning and questions to<u> </u>gain deeper insights.

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7 0
2 years ago
At the end of 2021, Kingbird Co. has accounts receivable of $762,000 and an allowance for doubtful accounts of $22,520. On Janua
mixer [17]

Answer:

a. Debit Allowance for doubtful debt $4,398

   Credit Accounts receivable $4,398

   Being entries to write off receivable due from Madonna Inc.

b. $739,480  before and after the write-off

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

The realizable value of accounts receivable before the write off is the net of the accounts receivable and the allowance for doubtful debt

=  $762,000 - $22,520

= $739,480

This amount remains the same after the write off as the write off will reduce the balances in both the allowance for doubtful debt account and accounts receivable.

6 0
3 years ago
Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 280 employees and occupies 55,200
Agata [3.3K]

Answer:

$61,200

Explanation:

Maintenance expenses allocated to assembly department

Allocation base = Square footage

= $102,000 * $55,200 / ($55,200 + $36,800)

= $102,000 * $55,200 / $92,000

= $61,200

7 0
3 years ago
Sweet Treats common stock is currently priced at $36.72 a share. The company just paid $2.18 per share as its annual dividend. T
Phantasy [73]

Answer:

Cost of equity= 8.0%

Explanation:

<em>Cost of equity can be ascertained using the dividend valuation  model. The model states that the price of a stock is the present value of future dividends discounted at the required rate of return.</em>

Cost of equity (Ke) =( Do( 1+g)/P )  + g

g - 2.2%, P - 36.72, D - 2.18

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= 0.07954 × 100

= 8.0%

 Cost of equity = 8.0%

4 0
3 years ago
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